On the off chance that you had a private home loan credit secured by property situated in the State of California that was adjusted by Bank of America, where Bank of America made an escrow account between April 17, 2009 and June 1, 2011, thus of Bank of America's assessment of qualification for an advance change compliant with the Home Affordable Modification Program (likewise alluded to as "HAMP"), and not for a reason allowed by Civil Code § 2954, you are an individual from the Settlement Class and might be qualified for non-money related advantages from a settlement.

The Settlement settle a legal claim guaranteeing that Bank of America, N.A. furthermore, BAC Home Loans Servicing LP ("Defendants") occupied with wrongful lead infringing upon California laws by opening escrow accounts (otherwise called appropriate records) regarding the private home loans of Plaintiffs and Class Members. An escrow record is a record built up by Bank of America with the end goal of guaranteeing installment of property duties, property holders protection premiums or potentially different accuses of regard to the property secured by the Covered Mortgage Loan.

On the off chance that your credit is right now adjusted by Bank of America you can get the accompanying advantages:

You may choose to close your escrow account, gave certain financial specialist prerequisites don't forestall such conclusion and on the off chance that you don't have Lender Placed Insurance. Moreover, if there is more than one borrower for you, all borrowers must choose to close the escrow account. By choosing to close your escrow account, you comprehend that you will be in charge of paying any escrowed things straightforwardly, including your own particular property duties and mortgage holders protection premiums. On the off chance that you don't pay those things, an escrow record might be revived and you may acquire risk, including charges and punishments.

On the off chance that you choose to close your escrow record and you have a negative escrow adjust, Bank of America will furnish you with a zero-premium reimbursement choice. All borrowers on the record must finish the frame.

You can ask for that your escrow record be shut by presenting a Request Form at BofAEscrowSettlement.com, or by fax or mail.