In a case that may have far-reaching consequences, a lawsuit was filed in federal court in Colorado accusing Bank of America of racketeering, which is what borrowers have been screaming about for years. It was a game to the bank. They intentionally lured people into what they thought was a good faith modification program, encouraged […]

Tags: assignment of loans, Bank of America, modification, mortgage bonds, mortgage loans, on perfected mortgage liens, organized crime, origination of loans, recording statutes, RICO, sale of mortgage bonds, trial modification, Urban Lending Solutions, WHISTLEBLOWERS, wrongful foreclosure
Posted in Corruption, foreclosure mill, Modification, Pleading, securities fraud, Servicer |