There are many stories on this:
Bank of America Lied to Homeowners and Rewarded Foreclosures, Former Employees Say
This action is pending in US District Court Massachusetts but the plaintiffs are seeking class certification and New York is one of the states that would be covered in the proposed class.
Here is a link to Plaintiff's memorandum of law for class certification which describes in more detail the nature of the action:
IN RE BANK OF AMERICA HOME
AFFORDABLE MODIFICATION PROGRAM (HAMP) CONTRACT LITIGATION CLASS CERTIFICATION MEMORANDUM OF LAW
Wednesday, June 26, 2013
MORE NEW ISSUES IN FORECLOSURE
Labels:
HAMP,
Mortgage Financing,
Mortgage Foreclosure
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