Utah Foreclosures | BofA’s Unit ReconTrust Violates Law, State Says

BofA Unit’s Utah Foreclosures Violate Law, State Says

A Bank of America Corp. unit is breaking the law by foreclosing on homeowners in Utah because it doesn’t meet state requirements, the state attorney general’s office said in a federal appeals court case.

ReconTrust Co., a subsidiary of Bank of America, the biggest U.S. lender by assets, isn’t a member of the state bar or a title insurance company and is unqualified to carry out trustee foreclosures, Utah Attorney General Mark Shurtleff wrote in court papers filed yesterday with the U.S. Court of Appeals in Denver.

“ReconTrust Co. N.A. is a non-depository national bank initiating approximately 4,000 home foreclosures in Utah each year in violation of Utah law,” the attorney general’s office said.

The court filing was made in a homeowner’s lawsuit against ReconTrust and Bank of America.

“National banks must abide by state law,” said John Christian Barlow, an attorney for the homeowner, Peni Cox. “ReconTrust just wants to foreclose, period,” he said.

A Utah state judge issued an injunction last year blocking ReconTrust from trustee foreclosure sales in the state, Barlow said. A federal judge later lifted the injunction.

Check out the rest here…

Case file to come…



2 Responses to “Utah Foreclosures | BofA’s Unit ReconTrust Violates Law, State Says”
  1. John D says:

    I have been struggling for the last couple of years to keep my home, I catch up and fall behind again on my mortgage and the economy is just not getting better for me. I have tried everything, to no avail. I started trying to work with my lender (WAMU now Chase) back in 2008. I attempted to work with chase and grew frustrated that after one year of sending and resending paperwork and them losing they denied my modification. I was in the exact same position as when I first contacted them. After all the frustration of trying to work with them, I thought I had found the answer when I came across United Law Group. Anthony was very helpful at first and told me that they could help me. He took my information over the phone and “Qualified ” me for a loan modification. He told me that I qualified, but after my experience with Chase on me to work with them I was skeptical at best. Anthony re-assured me and told me that the difference between “ULG” and others was that they were going to file a class action lawsuit against my lender and use that as leverage to modify my loan. HE SOLD ME, I paid my fee and that is when the nightmare started. after months of no return calls or emails I finally got ahold of someone. By this point i was looking for a refund, they told me that the reason I did not get a modification was that I had too much credit card debt and needed to enroll in “Debt Settlement”, since i was mad at their lack of customer service, to “make it up to me” they would give me a discount on that service, that they also provided, told me that they had addressed their issues and “moving forward” they would not happen again. I GOT SOLD AGAIN!!! A few months later I called to get an update, their phones were no longer working, panicking i went on line and found out that they had been raided by the FTC, FBI, the BAR, I found out that the major reason they got shut down is that they promised thousands of people (myself included) that they would sue my bank and NEVER FILED ONE CASE. needless to say I am still in the same situation except I am out thousands of dollars and i am still struggling to make my mortgage payment. I am still trying to save my house, that is when i heard about Brookstone Law and that they were suing the banks. I contacted Brookstone and imagine my surprise when I the phone on the other end was familiar to me, It was Anthony!! the same person from ULG who i had first spoken to a year and a half earlier and never returned my call while he was at ULG. I did a search of Brookstone Law and found out that it is the SAME PEOPLE AS ULG, THE SAME ATTORNEY (The one that did not get disbarred) and the same person orchestrating a new SCAM , mastermind behind ULG. I feel silly enough to have been fooled by them twice. I WILL NOT BE FOOLED AGIAN! BEWARE BEWARE BEWARE

  2. If it walks like a piggy, talks like a piggy, by golly it’s a PIGGY!
    BofA and it’s CEO Brian Moynihan reminds me of that song by John Lennon and George Harrison titled “Piggies” I invite you to listen to this song on youtube and see if it appropriately fits.
    Have you seen the little piggies
    Crawling in the dirt
    And for all the little piggies
    Life is getting worse
    Always having dirt to play around in.
    Have you seen the bigger piggies
    In their starched white shirts
    You will find the bigger piggies
    Stirring up the dirt
    Always have clean shirts to play around in.
    In their ties with all their backing
    They don’t care what goes on around
    In their eyes there’s something lacking
    What they need’s a damn good whacking.
    Everywhere there’s lots of piggies
    Living piggy lives
    You can see them out for dinner
    With their piggy wives
    Clutching forks and knives to eat their bacon.

    When I filed my lawsuit against Bank of America, myself and Brookstone Law Firm thought of the many others out there in the same situation. It was then that we decided to educate the public on what these piggy banks are doing, as well as unite us all together as one voice. Please help me turn this David vs. Goliath modification process, into a Goliath vs. Goliath.
    Please stand with me and Brookstone Law firm and send an email to Bank of America that states that we will no longer tolerate their potentially illegal, fraudulent, irregular and abusive business methods. – http://www.brookstone-law.com/
    So please send your email directly to Bank of America and include the following:
    1. Your name
    2. Your complaint concerning your experience with Bank of America.
    3. Please end your email “I support John Wright vs. BofA Lawsuit!”
    4. Please send a copy of your email to piggybankblog@earthlink.net
    5. Please send your email to BofA CEO Brian Moynihan:
    If you would like to join my piggybankblog “Elite Blogger Hit Team”, please do not even hesitate to contact me at piggybankblog@earthlink.net. The elite team involves leaving comments on certain pre-decided Bank of Destroying America comment sections on articles, blogs and other various online sites.
    Please help me spread this youtube around, which is an announcement of my Lawsuit. It will drive Bank of Abusing America absolutely crazy to see it all over the internet:

    Divided we might have fell America. UNITED WE MUST STAND!
    Let’s Roll!
    John Wright

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