Bank of America news, articles and information:

Bank of America stole $907 million from taxpayers by falsely certifying loans as compliant with federal law, lawsuit says

8/26/2014 - A new lawsuit filed in federal court claims that Bank of America falsely certified its home modification loans as compliant with federal rules, in a bid to reap in excess of $907 million in government incentive payments. As reported by Courthouse News Service, in his suit filed under the False Claims...

Bank of America whistleblowers say they were told to lie about mortgages

7/30/2013 - Americans still reeling from the collapse of the U.S. housing market and who lost homes or tens of thousands of dollars in equity are going to be especially upset by news that one of the lenders at the heart of the collapse, Bank of America, is guilty of fleecing borrowers and rewarding foreclosures. According...

Bank of America seizes e-commerce funds of online gun parts retailer, says they 'shouldn't sell' guns

1/11/2013 - It seems that gun bias is deepening in some sectors of American society, even enticing some firms to break the law - or, at the very least, abuse the law - in order to pursue their anti-Second Amendment agenda. That certainly seems to be the case with Bank of America, which has reportedly seized...

Bank of America engaged in blatant fraud involving home loan scheme, charge federal prosecutors

10/30/2012 - Just in time for the upcoming closing of the litigatory window for such cases, the U.S. Department of Justice (DOJ) has filed a new lawsuit against Bank of America (BofA) alleging that the banking giant fraudulently dumped billions of dollars' worth of bad mortgages into the taxpayer-backed mortgage...

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