<%@ Page Title="" Language="C#" MasterPageFile="~/en/MasterPage.master" AutoEventWireup="true" CodeFile="ronald.aspx.cs" Inherits="en_ronald" %> <%@ Register Assembly="AjaxControlToolkit" Namespace="AjaxControlToolkit" TagPrefix="asp" %>

RONALD ET AL V. BANK OF AMERICA

Tens of thousands of Americans are confronting the authority of their mortgage note as well as the securitization behind it, in state and federal courts. More and more homeowners nationwide are realizing that, while loan modifications are no longer been effective (not that they ever were) and foreclosure’s filings are rising through the roof this year, the only real option to defend themselves against their lender (and maybe their last resort) is by fighting them in a court of law. Mass joinder mortgage litigation is the new option to distressed homeowners who either lost their house to foreclosure, or have been taken advantage by their bank. Homeowners are suffering damages that can be compensated later on through proper litigation and favorable resolutions.

The springboard for these lawsuits is the abundant work and case precedence set forth in Ronald et al V. Bank of America suit. BC Case # 409444.

This lawsuit was filed back in 2010. Over 1500 homeowners and plaintiffs joined forces massively to fight against Bank of America. The longest standing, largest multi-party mass joinder Banking and Real Estate Law suit in the country, has racked up consecutive wins against the bank. This lawsuit has already granted six injunctions, a court order “ordering Bank of America” to submit to discovery, numerous additional orders stopping homes from being sold and finally… Ronald V Bank of America (Case # BC 409444) has recently been granted a FOURTH amendment by the court. New plaintiffs will be added on or before the middle of October.

Counsel for plaintiffs is optimistic about their efforts and is moving forward with the action. Only the most distinguished and reliable law firms have been involved in the Ronald suit and continue to file new lawsuits as banks keep foreclosing on hardworking Americans, and homeowners continue to demand justice throughout the nation.

If you’d like to inquire more about multi-party lawsuits, how mass joinder actions work, or any other question relating mortgage litigation, click here to apply for a 100% FREE consultation with a licensed attorney. You can get help by one of the law firms who has been involved in the first and biggest multi-party mortgage lawsuit.