Man alleges bank raised rate on mortgage

By The Florida Record | Mar 23, 2016

MIAMI – A Miami-Dade County man says a bank unlawfully caused an amount of interest to accrue on his mortgage.

Paul A. Williams Sr. filed a complaint on March 11 in the U.S. District Court for the Southern District of Florida against Bank of America NA, citing violation the Fair Debt Collection Practices Act and the Florida Consumer Collection Practices Act.

According to the complaint, the plaintiff alleges that he suffered damages, including but not limited to unlawful charges, mental pain, humiliation and embarrassment. The plaintiff holds Bank of America responsible because the defendant allegedly raised the interest rate on his mortgage from 4.75 percent to 6.5 percent, which is in violation of the final judgment set on the foreclosure of the property.

The plaintiff seeks the following: compensation for actual and statutory damages, reasonable attorney’s fees and costs; and any other relief to which the court may deem just and proper. He is represented by Seth Wieder of Loan Lawyers LLC in Fort Lauderdale.

U.S. District Court for the Southern District of Florida Case number 0:16-cv-60493

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Loan Lawyers LLC U.S. District Court Southern District of Florida Key West Division

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