The courts in the past, it appears, think that saving their pension funds is more important than saving homeowners or making good law.
FDCPA and FCCPA (or similar state legislation) claims are getting traction across the country. Bank of America violated the federal Fair Debt Collection Practices Act (“FDCPA”) and the related Florida Consumer Collection Practices Act (“FCCPA”). (Doc. 26). The Goodin case is a fair representation of the experience of hundreds of thousands of homeowners who have tried to reconcile the numbers given to them by Bank of America and others.
In a carefully worded opinion from Federal District Court Judge Corrigan in Jacksonville, the Court laid out the right to damages under the FDCPA and FCCPA. The Court found that BOA acted with gross negligence because they continued their behavior long after being put on notice of a mistake on their part and awarded the 2 homeowners:
- Statutory damages of $2,000
- Actual damages for emotional distress of $100,000 ($50,000 per person)
- Punitive damages of $100,000
- Attorneys fees and costs
See http://www.leagle.com/decision/In%20FDCO%2020150623E16/GOODIN%20v.%20BANK%20OF%20AMERICA,%20N.A.
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Deadly Clear 
That’s it? $202,000 is chump change to BoA! Despicable! Yet their ATM’s and branches are on every corner in Baltimore.