“A lawsuit accusing Bank of America Corp of reneging on promises to help distressed homeowners modify their mortgage loans and of driving them into foreclosure instead cannot proceed as a class action, a federal judge has ruled. While agreeing that the borrowers’ claims “may well be meritorious,” US District Judge Rya Zobel in Boston saidRead more
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By joncoats | Commercial Law, Florida Law, Foreclosure Law, Loan Modification, Mortgages, Real Estate Law | Comments are Closed | 10 September, 2013 | 2