by Brian Mahany
Most of our blogs are written to educate and inform our readers of important fraud, tax and malpractice issues. We pride ourselves on providing interesting commentary and stories you won’t find elsewhere. This post is a bit different – today we are asking you, our readers, for information.
Recently we have been hearing several mortgage foreclosure horror stories involving Bank of New York and Bank of America. If the stories are true, the people running both banks should be placed behind bars. Of course, we also realize sometimes people make honest mistakes and that some of the stories we hear may simply be untrue.
Lately we have heard of these banks foreclosing on individuals who were on time with their payments, of not being able to produce loan paperwork, of providing conflicting and confusing information on how much is owed, of not crediting payments and in one case, foreclosing on a woman years after she paid off her mortgage and sold her house!
Mahany & Ertl is currently investigating class action claims against these two banks. At this point, we want to hear your stories – good or bad. All responses will be kept in confidence unless you ask us to post your comment.
Class action plaintiffs named in a complaint are often entitled to a percentage of any monies recovered from the case.
Our firm currently is partnered with the United States government and HUD in prosecuting the largest false claims act case ever filed against a mortgage company – a $2.4 billion case against Allied Home Mortgage. While not every case is this size, large or small we are interested in hearing about your foreclosure and mortgage fraud story.
Mahany & Ertl – America’s Fraud Lawyers. Office in Milwaukee, Wisconsin; Detroit, Michigan; Portland, Maine & Minneapolis, Minnesota.
Disclaimer – No attorney client relationship is created by simply responding to this request for information. Our inquiry is investigatory only at this writing (February 14, 2012). Although we have formed strong opinions about the banking practices at both banks, we have not yet formed any conclusions.