Friday, September 9, 2011

After Some Foot-Dragging, BofA Agrees To Waive Fees, Reimburse Legal Expenses For Elderly Couple Threatened With Foreclosure Over Early House Payment

In New Port Richey, Florida, the St. Petersburg Times reports:

  • Last week, Bank of America apologized for mistakenly foreclosing on an elderly couple because they had made a mortgage payment too early. But that apology didn't include reimbursing the couple for $1,800 in legal fees or waiving late fees caused by the bank's blunder.


  • After supporters of James and Sharon Bullington cried foul, the country's biggest lender decided Thursday to reimburse the legal fees and waive all late fees connected to its error.

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For more, see Finally: Bank of America waives fees it charged elderly couple.

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