Foreclosure
Seterus Final Letter Action Settlement
Seterus, Inc. and Nationstar Mortgage, LLC will be paying $7 million to settle a class action alleging that they unlawfully threatened homeowners with foreclosure in a Notice of Default letter or Final Letter. The complaint alleged violation of the (1) the Fair Debt Collection Practices Act (FDCPA), the Michigan Regulation of the Collection Practices Act, Read more
Nationstar Foreclosures Violate Homeowner Law California Class Action
California passed a Homeowner Bill of Rights (HOBOR) after its foreclosure crisis in 2007, “to prohibit the abusive and deceptive loan servicing misconduct” and to give homeowners a chance to retain their homes. The complaint for this class action alleges that Nationstar Mortgage, LLC, doing business as Mr. Cooper, does not follow the law and Read more
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
Wells Fargo Denial of Mortgage Loan Modifications New York Class Action
How would you feel if a “faulty calculation” caused you to lose your home? The complaint for this class action alleges that that’s what happened to two couples, and many more homeowners, due to Wells Fargo’s denial to them of mortgage loan modifications. Read more
JPMorgan Chase Foreclosures Without Proper Documentation Class Action
This is one of a number of class actions filed over recent years that allege that companies have played fast and loose when securitizing mortgages, and then again when executing foreclosures on the residential property covered by those mortgages. The complaint claims that foreclosures were undertaken with fraudulent mortgage assignments and note endorsements, improperly putting Read more
Mortgage-Backed Securities, Chain of Title, and Foreclosure Hawaii Class Action
Plaintiffs Clyde and Michelle Igarashi claim that their home was illegally foreclosed on by parties who did not own their mortgage. The central allegations in this class action involve a long list of defendants and the ways that the turning of mortgages into mortgage-backed securities (MBSs) or “trusts” has led to a clouding of title Read more
Wells Fargo Mortgage Modification Error and Foreclosures Class Action
In 2018, Wells Fargo revealed that “a calculation error” in the software it used to for the modification of mortgage loans. That error resulted in 870 homeowners being denied mortgage modifications they should have gotten. This class action is brought by a couple who were among those wrongly denied a modification. Read moreRushmore Loan Management Lack of Assignment Foreclosure Lawsuit
The complaint for this lawsuit has been written by two non-lawyers, asserting claims in connection with foreclosures, mortgage-backed securities (MBSs), and allegedly forged documents. Its essential charge is that the parties who foreclosed on the plaintiffs’ home had no right to do so, because they did not complete the proper documentation at the required time Read more
Improper Sale of Mortgage and Excessive Foreclosure Fees Class Action
Did New Century sell a mortgage it did not in fact own? The complaint for this class action rests primarily on that allegation plus claims that amounts charged in connection with a subsequent foreclosure were excessive and improper. Read more
JPMorgan Chase Mortgage Foreclosure in Violation of FHA Requirements Class Action
People make painstaking payments over many years to pay off a mortgage, but it may take only a short run of difficulty to undo it all and lead to the disaster of foreclosure. The complaint for this class action claims that JPMorgan Chase Bank, NA foreclosed on the home of plaintiffs Dhimiter Llori and Natalia Read more