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Real Estate & Property Law

: The Home Equity Theft Reporter

Insurer Is Stiffing Us On Our Soured Loans Claims Over Lack Of Proper Paperwork & Lying Borrowers, Bellyaches BofA In Lawsuit

By r morris

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In Charlotte, North Carolina, The Charlotte Observer reports:Bank of America Corp. is suing its mortgage insurance company for denying its claims. It's the latest twist in finger-pointing over the mortgage crisis. The bank says that Old Republic Insurance Co., which Bank of America paid to insure it against losses on potential borrower defaults, is "manufacturing excuses" to deny the bank's

Full post as published by The Home Equity Theft Reporter on November 12, 2010 (boomark / email).

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