PHH Mortgage, HSBC Bank Improper Right to Cure Notices Complaint

July 13, 2020

Foreclosures are likely to be hard to undo. Nevertheless, the complaint for this class action asks that the court “declare any foreclosure deed for [the class members in this case] null and void.” It claims that PHH Mortgage Corporation (formerly known as Ocwen Loan Servicing, LLC) and HSBC Bank USA, NA, as Trustee for Fremont Home Loan Trust 2006-E, Mortgage Backed Certificates, Series 2006-E breached the terms of mortgages and violated Massachusetts state laws in sending out mortgage default notices and right to cure letters with “materially misleading statements.”