Utah Revives BofA Foreclosure Fight Tied to Corruption Case

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Utah Revives BofA Foreclosure Fight Tied to Corruption Case

Utah Revives BofA Foreclosure Fight Tied to Corruption Case

Bloomberg-

Utah’s attorney general revived a potential billion-dollar battle with Bank of America Corp. over foreclosure practices after two of his predecessors were charged with corruption for abandoning the fight.

The lawsuit is deja vu for U.S. District Judge Bruce Jenkins, who last week allowed Utah Attorney General Sean Reyes to join a homeowner’s case accusing Bank of America unit ReconTrust Co. of illegally foreclosing on Utahans’ homes.

Jenkins expressed puzzlement when outgoing Attorney General Mark Shurtleff bowed out of a similar case two years ago — just months after the judge ruled the suit could head to trial.

[BLOOMBERG]

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