Charlie Innis A woman from North Carolina who was suing Bank of America in federal court on behalf of all mortgage borrowers has agreed to settle the case.

She said that the bank tried to make money by routinely opening escrow accounts for clients without their permission. 

According to a joint statement filed in North Carolina District Court on Monday, to dismiss the proposed class action with prejudice

"in its entirety and without any cost or charge to either party." This is written in a proposed order.

The lawsuit was filed a month after both sides told the court they were going to work out their differences. Then both said...

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