Bank of America Sued for Foreclosure Practices

Posted on April 1, 2011


“A group of Bank of America Corp. (NYSE:BAC) shareholders filed suit Monday against the bank because of its foreclosure paperwork practices. The bank temporarily froze foreclosures Oct. 2 after reports that lenders were approving foreclosures without proper review of paperwork. The bank restarted foreclosures after an internal review.”

See article here.