Homeowners Claim Bank of America Schemed to Steal Their Homes

"Bank of America claims to have lost their paperwork, failed to return phone calls, made false claims about the status of their loans and even took actions toward foreclosure without informing.

Alex Pickett-More than 100 Florida homeowners claim Bank of America fraudulently delayed or destroyed their applications to modify the terms of their mortgages to steal their homes and sell them at a profit.. In a 300-page federal complaint filed Tuesday in Orlando, the homeowners say Bank of America is guilty of fraud and unfair business practices that led to thousands of dollars in fees.

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Visit This Recent Article: "Homeowners Claim Bank of America Schemed to Steal Their Homes" Bank of America received over $336 billion dollars from the federal government during the real estate and financial crisis in 2008.

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Some homeowners in Oklahoma are charging Bank of America (BAC) with withholding insurance payments they say are needed for property repairs. Cynthia and James Copher and James and Rosanna Richard allege in a lawsuit filed Thursday in U.S. District Court in Oklahoma City on behalf of themselves and other homeowners that the bank contravened mortgage agreements the borrowers say direct the.

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