3(2006). BAC is, on information and belief, a citizen of North Carolina. Plaintiff is a citizen of Massachusetts.7.
This court has jurisdiction over this matter pursuant to 28 U.S.C. § 1332(d) in that thismatter is brought as a putative class action in which the matter in controversy exceeds the sum or value of $5,000,000, exclusive of interest and costs, and at least one member of the class of plaintiffsis a citizen of a State different from any defendant.8.
Venue is proper in this Court pursuant to 28 U.S.C. 1391(b) inasmuch as the unlawful practices are alleged to have been committed in this District, Defendant regularly conducts businessin this District, and the named Plaintiff resides in this District.
Patricia Johnson is a 72 year old woman residing alone at 23 Barr Street, Salem, MA01970 (hereinafter “Barr Street”).10.
Bank of America, N.A. is a mortgage lender with headquarters at 101 Tryon Street,Charlotte, NC 28255.11.
BAC Home Loans Servicing, LP is a subsidiary of Bank of America, N.A., located at4500 Park Granada, Calabasas, CA 91302.
The Foreclosure Crisis
Over the last three years, the United States has been in a foreclosure crisis. Acongressional oversight panel has recently noted that one in eight U.S. mortgages is currently inforeclosure or default.
Congressional Oversight Panel, Oct. 9, 2009 report at 3. Available at http://cop.senate.gov/reports/library/report-100909-cop.cfm.