Welcome to the Information Website for the Lusnak v. Bank of America Settlement.

If you took out a mortgage on a California 1- to 4-family residential property that was originated, acquired, or serviced by Bank of America between July 2008 and December 2018 and you paid Bank of America money in advance for payment of taxes and assessments on the property, for insurance, or for other purposes relating to the property, and did not receive at least 2 percent simple interest per annum on the amounts so held, you may be entitled to a payment from a Class Action Settlement.

Your legal rights are affected, and you have a choice to make. Your options are explained here.


Your Legal Rights and Options in This Lawsuit
Do nothing, receive payment, give up right to sue If you do nothing and the Settlement becomes final, you will be issued a Settlement Payment if you are a Settlement Class Member. You will give up your right to bring your own lawsuit about the issues in this lawsuit. See FAQs 8-10 for more information.
Opt out, receive no payment, retain right to sue If you exclude yourself from the Settlement Class (also called “opting out”), you will give up your right to receive a Settlement Payment, but will retain any rights you may have to bring your own lawsuit about the issues in this lawsuit. See FAQ 11 for more information. The deadline to exclude yourself is Monday, July 6, 2020.
Object or Comment If you do not exclude yourself from the Settlement Class, you may object to, or comment on, the Settlement and/or Settlement Class Counsel’s request for attorneys’ fees, expenses, and a service award to the plaintiff who brought this lawsuit on behalf of the Settlement Class. See FAQ 12 for more information. The deadline for submitting objections or comments is Monday, July 6, 2020.