Archives by Tag ' Sundquist v Bank of America '
‘Blockbuster’ ruling hits lending giant with $46 million for Kafkaesque tactics By Scott Thomas Anderson scotta@newsreview.com https://www.newsreview.com/sacramento/foreclosure-hell-sacramento-judge-says/content?oid=24151197 ILLUSTRATION BY MARGARET LARKIN The young boy playing piano inside his house suddenly looked up. A man he’d never seen before was peering at him through a sliding glass door. The man began pounding on the glass, yelling […]
By David Dayen at Vice A married couple resorted to self-harm after being physically and psychologically terrorized by Bank of America over their house—until a judge fined the bank $46 million. https://www.vice.com/en_us/article/how-a-cruel-foreclosure-drove-a-couple-to-the-brink-of-death “Franz Kafka lives… he works at Bank of America.” Judge Christopher Klein’s words kick off an incredible ruling in a federal bankruptcy court […]
A bankruptcy judge issued a $45 million fine against Bank of America Corp. , calling the bank’s treatment of a California couple who fought to save their home “brazen” and “heartless” and should have added the words “illegal”, “fraudulent” and “unconscionable”. Judge Christopher Klein of the U.S. Bankruptcy Court in Sacramento said the bank’s mortgage […]
by the LendingLies Team In most cases, the damages awarded to homeowners are so paltry that they do little to punish unlawful conduct or to deter future behavior by servicers. The banks continue their crime spree unabated. Those days may be over. A bankruptcy court in Sacramento, California recently issued a $45 million dollar punishment […]
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