Bank of America (BOA) has agreed to pay $335 million to settle a lawsuit alleging BOA charged different rates for home loans based on “race or national origin.” The lawsuit claims Countrywide Financial Corp., owned by Bank of America, charged higher fees to “black and Hispanic borrowers.” The settlement will affect more than 200,000 borrowers.
Published by Micah Adkins
Micah Adkins is a consumer advocate and founding member of The Adkins Firm. Micah maintains offices in Birmingham, Alabama, Dallas, Texas and Houston, Texas. He earned his Bachelors of Science degree from the University of Texas, at Dallas, with honors (cum laude), in 2000 and his juris doctorate from the Cumberland School of Law, at Samford University, in 2005. While in law school, Micah was honored by his classmates as the Peer Scholarship Recipient and served as an Associate Justice on the Honor Court. Micah is admitted to the Alabama, Tennessee and Texas Bars. He is also admitted the United States Court of Appeals for the Fifth, Sixth, Ninth and Eleventh Circuits and to all federal district courts in Alabama, Colorado, Tennessee and Texas. He is also admitted to the Eastern District of Michigan. Micah has been admitted by motion in various district courts, including California, Florida, Georgia, Illinois, Indiana, Kentucky, Mississippi, New Jersey, New York, Oregon, Pennsylvania, Virginia and the District of Columbia. Micah’s practice focuses on the representation of consumers, especially those with credit or background report errors, individually and on class wide bases, under the Fair Credit Reporting Act (FCRA). Micah also represents consumers individually and on a class wide bases under other federal consumer protection statutes. Micah’s consumer advocacy has been recognized by the members of the Bar, including the Birmingham Bar Association where he was named as a Top Consumer Lawyer in 2012, 2013, 2014 and 2016. In 2014, Mr. Adkins was selected one of Alabama’s Outstanding Young Lawyers by Birmingham Bar Association. Super Lawyers also recognized him as a Rising Star in 2014 and 2015 and as a Mid-South Rising Star in 2016 and 2017. Micah is a member of the Alabama Association for Justice, Atlanta Bar Association, Birmingham Bar Association, Collin County Bar Association, Dallas Bar Association, Houston Bar Association, Tennessee Trial Lawyers Association and the National Association of Consumer Advocates. View all posts by Micah Adkins