I purchased my home in 2007 and the loan is an FHA. Countrywide rep told me I had to include PMI in my mortgage. I just discovered that FHA loans do not require PMI because the loan is guaranteed by the government. I have been paying this PMI fee for almost 5 years and I have tried to eliminate it over 5 years. B of A had the loan and every time I spoke with a bank rep I was told the same old story and sent a form letter. I just discovered that a lawsuit has been settled with Countrywide/B of A as of Dec. 19,2011. This practice was deemed illegal and settlement funds were sent out. My question is, do I not include the PMI payment on my January mortgage payment? I have sent a letter to the new servicing company because B of A sold my loan as of last month. I would like to have all my PMI payments reimbursed because of this practice of theirs. As consumers, we seem to have no rights with the mone we have earned and the banks are stealing from us through this practice. Can someone advice me of my rights as a ripped off consumer?