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Labor & Employment Law

: The Law Planet Blog

Bank of America linked to alleged Force-Paced Insurance Scam

By Dobin & Jenks

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Bank of America makes the news again for yet another scandal relating to mortgage foreclosures. This most recent scandal involves a soon to be former subsidiary, Balboa Insurance company. A series of alleged documents and deleted Bank of America emails were leaked anonymously by a former Balboa employee. The Balboa Insurance company underwrote force placed insurance on foreclosed upon homes for Bank of America and several other lenders. Bank of America is not the only bank, involved, as the read more

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Full post as published by The Law Planet Blog on March 14, 2011 (boomark / email).

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