Bank of America: Illegal Foreclosure and Harassment Lead to $6M. However, the bank rejected more than 20 modification requests, claiming.
Bank of America won the dismissal of a lawsuit, which accused the mega bank of concealing a $10 billion fraud case brought by AIG. Bank of America lawsuit over aig disclosure dismissed | 2013-11.
· America has its share of ambitious people. But it is almost guaranteed that none in its lengthy history have filed a lawsuit against a bank for more money than Dalton Chiscolm. If my math is correct, Chiscolm is suing Bank of America (BAC) for over .78 septillion –.
Lehman Brothers collapse did more good than bad But it was the failure of Lehman Brothers that tipped a bad situation into an absolute disaster, and brought the global financial system to the brink of collapse. Lehman Brothers did not have to. a.
IN RE BANK OF AMERICA AIG DISCLOSURE SECURITIES LITIGATION OPINION AND ORDER JOHN G. KOELTL, District Judge: This action is another in the series of cases arising out of the collapse of the market for mortgage backed securities ("MBS"). In this case, the plaintiffs are purchasers of Bank of America ("BoA") stock.
· According to the website law360.com, Bank of America successfully beat a class-action lawsuit filed in California. A california federal judge tossed a putative class action that accused Bank of America of unlawfully obtaining Consumer Reports as part of its background checks.
· The three employers involved are Lyft, State Farm Insurance and Bank of America. All three cases were dismissed by federal judges in California. The State Farm case claimed applicants were not given a copy of their rights under the FCRA. Bank of America was accused of not providing a written disclosure telling applicants about background checks.
· NEW YORK (Reuters) – The insurer AIG is suing Bank of America Corp to recover more than $10 billion of losses from a "massive fraud" on mortgage debt, deepening the morass of litigation faced by the largest U.S. bank. american international group Inc, still largely owned by taxpayers after $182.3 billion of government bailouts, is the latest of a growing number of investors filing lawsuits to.
The lawsuit was dismissed last year. The case also seeks appropriate disclosure of the companies’ links to slavery. J.P. Morgan spokesman Tom Kelly declined to comment on the case, while a Bank of.
Keller Williams posts major growth, plans Dubai office All three major indexes are down. my view of the economy,” John Williams, president of the Federal Reserve Bank of San Francisco, told reporters after a speech in Hawaii. “I think the economy is on.Mortgage servicer Nationstar gets its footing in the recovery · Ally Financial Inc.’s mortgage lending and servicing subsidiary has given preliminary approval to a $3 billion buyout offer from a unit of Ocwen Financial Corp.The board of.Less risk, more optimism in Vegas Home Blogs REwired Less risk, more optimism in Vegas. REwired RSS. Open commentary on everything impacting the U.S. housing economy. The opinions expressed here represent the author’s alone.