Servicing The Ticker

Lawsuit accuses BofA of putting itself before investors, homeowners

But according to new documents filed in state Supreme Court in Manhattan late on Friday, questionable practices by the bank’s loan servicing unit have continued well after the Countrywide acquisition; they paint a picture of a bank that continued to put its own interests ahead of investors as it modified troubled mortgages.

Source: New York Times

Services Guide

Comments powered by Disqus