Oakland County, Michigan Tax Foreclosure Settlement

Oakland County, Michigan is spending $38 million to settle a class action alleging that when it foreclosed on properties for taxes owed, if the sale brought in more than the owed amount, it did not refund the difference to the former owner. The complaint alleged that it should have kept only the owed amount and  Read more

Aerial View of Oakland County, MI

Philadelphia Foreclosures Excess Proceeds Settlement

The City of Philadelphia is settling a class action alleging that its Sheriff did not always returns excess proceeds from foreclosure sales to the former property owner. Normally, if the proceeds from a foreclosure sale exceed the amount of the owed mortgage, sale costs, and liens, the excess proceeds left over after these costs were  Read more

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Wells Fargo Claims Mortgage Assignment in Bankruptcy Case RICO Class Action

The initial filings for this pro se class action add up to over 700 pages. The main defendant is Wells Fargo Bank, NA; the case seems to have begun with a mortgage and the bankruptcy of the original lender; and then a foreclosure without a proper, legal assignment. The most prominent allegations involve the Racketeer  Read more

Wells Fargo Red and Yellow Logo

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

Seterus Name in Blue Square

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

Nationstar Name and Logo

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

Foreclosure Sign in Front of Home

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

Foreclosure Sign in Front of Home

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

House with "For Sale" and "Foreclosure" Signs in Front

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

Houses Made of Hundred-Dollar Bills Stacked Up Together

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 more