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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- The New Port Richey couple accepted a mortgage modification this week after the case gained national attention following an Aug. 20 story in the St. Petersburg Times.
For more, see Finally: Bank of America waives fees it charged elderly couple.
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