Bank of America Asks Judge to Throw Out Loan Modification Case
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Bank of America Corp., accused in a lawsuit of violating obligations to homeowners seeking to modify mortgage loans and avoid foreclosure, asked a federal judge to throw the case out.
Borrowers say the bank “systematically failed” to comply with a U.S. government program aimed at stemming foreclosures and violated contracts for modifying loans, according to a complaint in federal court in Boston that consolidates cases from across the country.