Bank of America Tag

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Massachusetts Bank Making Millions from Overdraft Fees

Consumers in Massachusetts are paying millions of dollars in overdraft fees, reports the Boston Globe. In just the first three months of 2015, the four largest banks in Massachusetts collected a total of $517 million in overdraft fees. The largest bank in Massachusetts, Bank of America,...

Bank of America Headed to Trial For Wrongful Foreclosure

In a recent decision on the HAMP loan modification program, a magistrate judge of the US District Court for Massachusetts ruled that homeowners who were foreclosed on while under consideration for a loan modification may proceed with a lawsuit against Bank of America. Bank of America...

Homeowner’s Victory over Bank of America

Check out this great story about a California homeowner who became fed up with Bank of America and sued them in small claims court. In a great victory against this big giant, he won a settlement of $7,595.00. More importantly, he brought to light something...