Wells Fargo Sign with Stagecoach Image

Wells Fargo Improper Mortgage Insurance Premiums Class Action

Wells Fargo is a very large mortgage lender. Some of its mortgages are insured by the Federal Housing Administration (FHA). The complaint for this class action names Wells Fargo, NA and Wells Fargo Home Mortgage as defendants and alleges that Wells Fargo continues charging borrowers for FHA premiums even after they are no longer due.  Read more

Loans
Servicing Your Mortgage, Mortgage-Related Unfair Practices, Extra Charges
MegaStar Name over Image of City Skyline

MegaStar Mortgage Loans Pay-to-Pay Fees California Class Action

MegaStar Financial Corp. services mortgages. But the complaint for this class action alleges that they “impermissibly profit” off homeowners “by charging and collecting illegal payment processing fees when borrowers make their monthly mortgage payments by telephone or online…” These are known as pay-to-pay fees, and the complaint claims they violate debt collection laws and breaches  Read more

Loans
Servicing Your Mortgage, Processing or Pay-to-Pay Fees, Mortgage-Related Unfair Practices
Hand Holding Out Mortgage Paper and Pen

LoanCare Improper Escrow of Water Quality Fees Class Action

LoanCare, LLC is a mortgage servicing company. Like many mortgage servicers, it collects additional funds for things like taxes on the mortgaged property, which it holds in an escrow account until payment comes due. But the complaint for this class action alleges that it should not be collecting water quality fees in this same manner.  Read more

Loans
Servicing Your Mortgage, Mortgage-Related Unfair Practices
Wells Fargo Name with Stagecoach Logo

Wells Fargo Mortgage Forbearance Enrollment Without Consent Class Action

In an earlier scandal, Wells Fargo was caught opening credit card and other accounts for clients without their knowledge or permission. The complaint for this class action alleges that Wells Fargo & Company and Wells Fargo Bank, NA have now enrolled some mortgage customers in Covid-19-related forbearance programs without their knowledge or permission.  Read more

Loans
Servicing Your Mortgage, Mortgage-Related Unfair Practices, Mortgage or Loan Modifications, Enrolling Consumer in Service Without Consent
Person Operating Calculator with Tiny Home Beside It

PHH Mortgage Telephone Pay-to-Pay Charges Class Action

The word “mortgage,” the complaint for this class action tells us, literally means “death pledge.” The complaint’s topic is actually slightly less dramatic: It alleges that PHH Mortgage Corporation violates various consumer-debt-related laws in charging excessive fees to borrowers who make over-the-telephone payments.  Read more

Loans
Processing or Pay-to-Pay Fees, Mortgage-Related Unfair Practices
Wells Fargo Sign with Stagecoach Logo

Wells Fargo Fraudulent Affidavits to Extend Liens Class Action

When a financial company has made what it calls a mistake in its loan documents, it should not be able to change those terms in its favor, unilaterally and without the knowledge of the borrowers. But the complaint for this class action alleges that that’s what Wells Fargo did with certain home equity lines of  Read more

Loans
Mortgage-Related Unfair Practices, Loan-Related Unfair Practices, Home Equity Line of Credit, False or Altered or Insufficient Documentation
An Advance Financial 24/7 Location

Advance Financial 24/7 Predatory Lending Class Action

The complaint for this class action brings suit against Shiva Finance, LLC and Harpeth Financial Services, LLC for predatory lending practices. Among them are requiring an arbitration clause the companies themselves don’t abide by, failure to make legally-required disclosures, and making unauthorized electronic withdrawals from bank accounts.  Read more

Loans
Unlawful Debt Collection, Truth in Lending, TCPA, Predatory Lending, EFTA
Foreclosure Sign in Front of Home

PHH Mortgage, HSBC Bank Improper Right to Cure Notices Class Action

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  Read more

Loans
Mortgage-Related Unfair Practices, Foreclosure
Navient Sign on Green Lawn in Front of Building

Navient Fraudulent Servicing of Student Loans Class Action

Navient services student loans. The complaint for this class action alleges that it has engaged in unlawful practices that defraud borrowers, including the manipulation of its student loan servicing practices to gain profit for itself and to mislead borrowers. The defendants in this case include Navient Corporation, Navient Solutions, LLC (formerly Navient Solutions, Inc. and  Read more

Loans
Unlawful Practices, Student Loans, Loan Servicing, Fraud
Bank of America Sign and Logo in Front of Branch

Bank of America Force-Placed Unneeded Flood Insurance Class Action

When a lender provides a mortgage for a property, it has a right to insist that the borrowers maintain adequate insurance to protect its investment. The complaint for this class action alleges that Bank of America, NA (BoA), however, forces borrowers to take flood insurance that they do not need, and that the premiums of  Read more

Loans
Mortgage-Related Unfair Practices, Forced Placed Insurance