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Loan Modification

: Loan Modification & Home Loan News

Bank of America Sues Loan Insurer Over Claims Denial

By Moe Bedard

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Nov. 10 (Bloomberg) — A unit of Bank of America Corp., the largest U.S. lender, sued Old Republic Insurance Co., accusing the mortgage-insurance carrier of denying ?hundreds of millions of dollars? in valid claims. Bank of America NA?s suit, filed Nov. 3 in federal court in Charlotte, North Carolina, seeks more than $160 million in [...]

Full post as published by Loan Modification & Home Loan News on November 11, 2010 (boomark / email).

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