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California Court Gives Hope to Homeowners Lied to by Banks

by | Feb 2, 2011 | Towing

A California appeals court has ruled that U.S. Bank conned Claudia Aceves out of her home by tricking her into giving up her bankruptcy protections. Now she can sue the bank for damages and fraud, and conceivably, so could othe…

Allstate Sues Bank of America, Countrywide Over Mortgage-Backed Securities

by | Dec 28, 2010 | Towing

Allstate is suing Bank of America and its Countrywide Financial division over Countrywide’s sale of $700 million in mortgage-backed securities to the insurance giant, alleging that Countrywide knew in advance that the assets wo…

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