Mortgage Overcharges and Consumer Protection

Recently, Bank of America agreed to a staggering settlement for mortgage fees improperly charged by Countrywide prior to the BOA takeover.  Henry Sommer, one of the Country’s leading Bankruptcy lawyers, scholars and consumer activists has posted some thoughts about that settlement on Credit Slips.  It is well worth reading.

Elaine

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Categories: Bankruptcy, Consumer Credit, consumer law, foreclosure, Mortgages and Foreclosure | Tags: | Leave a comment

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