Federal Lawsuit against Bank of America & Nationstar Mortgage gets massive media coverage

2024-12-27 03:48:00 Legal / Law

988

Las Vegas, Nevada (forpressrelease) August 8, 2015 - An 8 and ? year battle over a foreclosed home has Las Vegas, NV. Resident Michael Bondi filed a Federal Law Suit against Bank of America, N.A. and Nationstar Mortgage LLC. The lawsuit claims Fraud, Civil Conspiracy, violations of the Federal Fair Credit Reporting Act, Federal Fair Debt Collections Practices Act, and Misrepresentation.

Bondi's problems started with Bank of America in 2008 when BofA took over Bondi's Countrywide Home Loan. Bondi was in a car accident in 2007, leaving him unable to work and losing his savings. Bondi had over 5 valid short sale offers on his home that BofA refused to accept because Bondi would not sign a blank Promissory Note. Bondi's home was ultimately foreclosed in June of 2009.

Bondi continued to have several problems with BofA after the foreclosure. BofA incorrectly reported Bondi's credit as an "Open foreclosure" which made it appear Bondi was still missing monthly payments on a home that he no longer owned. Bondi contacted BofA a year after the foreclosure in 2010. Bondi found several violations of Federal Law, about which he confronted BofA. BofA in an effort to avoid litigation from Bondi, offered to correctly zero out Bondi's credit report and to change his report as a foreclosure with a zero balance, per Federal Law.

Bondi's updated credit report reflected and showed a ZERO BALANCE and "Closed Foreclosure Status" for over 3 years until June 2013. Bondi received a letter from BofA stating that his loan was going to be sold to Nationstar Mortgage LLC for collection purposes. Bondi contacted BofA's Office of the CEO and they confirmed that BofA records showed Bondi had a zero balance. BofA still sold Bondi's zero balance account with no explanation and no apology.

After being featured on KTNV Channel 13, (Las Vegas, NV. ABC Station) Bondi's story went viral on youtube.com and via multiple press releases to numerous media outlets. Bondi's story showed a pattern of federal law violations and other violations of state and federal laws throughout the country.

Bondi has received calls from Oregon, Arkansas, Maine, Nevada, California, Oklahoma, Tennessee, and Texas from other victims stating that they too have been the victims of fraud, misrepresentation and possible conspiracy claims. Bondi's Attorney Rebecca Fuller has also received numerous phone calls from other victims of Bank of America and Nationstar Mortgage, LLC. Fuller is now taking statements from other victims and is in the process of researching a class action law suit against both banks.

Bondi's youtube.com video can been seen here: https://www.youtube.com/watch?v=NNxa9HW814c Bondi is asking the public to share this youtube.com video via social media and if their story is similar to his, they should share their stories and reach out to their local news media, friends and family to cover this story and make it a national news item.

To learn more about this case, please use the contact information listed below:

Michael Bondi: 702-768-2552-Direct.

Bondi is being represented by Las Vegas based Attorney Rebecca Fuller. She can be reached at: 702-553-3266 or via email at: rfuller@fullerlawpractice.com.

BofA and Nationstar Mortgage LLC are being represented by Las Vegas Law Firm Akerman, LLP Attorneys Ariel E. Stern and Allison R. Schmidt. They can be contacted at 702-634-5001, 702-634-5000 or via email at: ariel.stern@akerman.com , allison.schmidt@akerman.com .

About:

Homeowner Michael Bondi has filed a federal law suit against Bank of America and Nationstar Mortgage, LLC claiming Fraud, Civil Conspiracy, Misrepresentation and Violations of the Federal Fair Credit Reporting Act. His story has drawn nationwide attention. To learn more about this case, call Michael Bondi: 702-768-2552-Direct.

###