Florida AG: Bank of America has ‘Systemic Problems’ with Mortgage Settlement RulesFlorida’s Attorney General said complaints against Bank of America are revealing patterns of “systematic” rule violations under the National Mortgage Settlement, including lengthy delays in providing loan modifications and sending state officials “litigation letters.” Florida Attorney General Pam Bondi also indicated that the state would consider a lawsuit if corrective actions are not taken by Bank of America through the settlement’s established procedures.
via Ecreditdaily