This is a reuters.com article.
Bank of America has been hit with a proposed class action accusing it of violating Massachusetts law by not promptly notifying county land offices when mortgages were paid off, leaving a cloud over homeowners’ titles.
Filed last week in Boston federal court, the lawsuit seeks damages for thousands of Massachusetts property owners whose mortgage pay-offs were not recorded within 45 days of their final payment, in violation of the state’s Mortgage Discharge Law.
To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2deM5FB
Piggybankblog Courtroom Bailiff: “All rise! .The Honorable Judge John Wright has left the Courtroom of Public Opinion!”