BofA Tagged With Utah Suit For Allegedly "Conducting Thousands Of Unauthorized Foreclosures," Class Action Status Sought
- A Salt Lake City law firm has filed a proposed class-action suit against Bank of America and its subsidiary ReconTrust "for conducting thousands of unauthorized foreclosures in Utah."
- Mumford West & Snow filed the suit in 3rd District Court last week. The action comes in the wake of the Utah Legislature creating civil penalties against what state authorities consider illegal foreclosures. It also comes more than one month after the Utah Attorney General’s Office pledged that it would file suit against the banking giant if ReconTrust continued to file foreclosure proceedings in violation of state law.
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- Lead counsel for the law firm, Marcus R. Mumford, said Wednesday he intends to seek a statewide restraining order and a preliminary injunction "prohibiting the named defendants from conducting any additional foreclosure sales within the state."
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- Mumford said that Bank of America and ReconTrust "have demonstrated a long-standing pattern of illegal activity in taking thousands of homes from Utah homeowners in unauthorized foreclosures." He estimates there are tens of thousands homeowners who could be eligible to sign on to the lawsuit if it receives class-action status from the court.
For more, see Utah law firm sues to halt Bank of America foreclosures.
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