Nationstar Rejects Borrower for Covid-19 Modifications Class Action

This class action concerns homeowners with mortgages insured by the Federal Housing Administration (FHA) and serviced by Nationstar, who fell into default because of Covid-19. During the emergency, the FHA added Covid-19 Recovery Loss Mitigation Options to help borrowers under strain to keep their homes. But the complaint alleges that Nationstar improperly declared certain borrowers  Read more

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Nationstar, Seterus Notice of Right to Appeal Loan Modification Denials Class Action

This class action brings suit against mortgage servicer Nationstar Mortgage, LLC, which does business as Mr. Cooper. Nationstar is the successor-in-interest to a servicer called Seterus, Inc., which merged with Nationstar. When Seterus rejected loss mitigation requests, the complaint alleges, Nationstar did not fulfill the servicer’s obligations under the Real Estate Settlement Procedures Act (RESPA)  Read more

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Wells Fargo Refusal of Loan Modification Supplemental Settlement (Hernandez II)

This is a supplemental settlement for a class action alleging that, between 2010 and 2018, Wells Fargo Bank, NA miscalculated attorneys’ fees when determining whether borrowers qualified for its loan modification program, which was under the US Department of Treasury’s Home Affordable Modification Program (HAMP). The fees should have been compared for the calculation, but  Read more

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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

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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

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Wells Fargo Refusal to Modify Mortgage Loans Settlement (Hernandez I)

Wells Fargo is paying $18.5 million to settle a class action alleging that borrowers were denied home mortgage modifications, even though they qualified for them, and then lost their homes in foreclosure. The bank has admitted that it did this because of a calculation error and previously sent checks to affected borrowers.  Read more

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KeyBank Failure to Send Out Mortgage Satisfactions New York Class Action

When mortgages are paid off, the mortgage company must provide to the appropriate record keeper a satisfaction of mortgage document in a timely manner. The complaint for this class action alleges that KeyBank, NA does not do this within the time required.  Read more

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Bank of America Foreclosures in Covid-19 Emergency West Virginia Class Action

Can a class action provide help in a national emergency? This class action seeks to stop foreclosures by Bank of America, NA (BoA) in West Virginia “during the national emergency caused by the spread of the Covid-19 virus. During this nationally declared emergency, foreclosures cannot be conducted at an appropriate time consistent with the contracts  Read more

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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

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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