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On top of that $16 billion, Bank of America is on the hook for $11.8 billion in payments, mortgage modifications and loan refinancings as part of a $25 billion settlement this year over. Attorney.
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BUFFALO — Attorney General Eric T. Schneiderman today filed a lawsuit against HSBC Bank USA and HSBC Mortgage Corporation (USA) for failing to follow state law related to foreclosure actions, putting homeowners at greater risk of losing their homes.
In a stunning reversal of fortune, HSBC Bank was ordered to pay over $54,000 in legal fees incurred by homeowners who successfully fended off a foreclosure suit based on HSBC’s inability to prove ownership of the underlying mortgage and note. HSBC Bank vs. Nini, A-1941-11T1 (App. Div. , Unpublished, April 30, 2014).
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Such corner-cutting sales tactics – and worse – have become a new flash point in the debate over whether. to meet those unreachable goals,” stated a 2015 lawsuit filed by the Los Angeles city.
mortgage fraud and to communicate with state appraisal licensing bodies on appraisal fraud or appraiser misconduct; and, WHEREAS, OFHEO has worked with state and federal law enforcement and has reported events of mortgage fraud and suspected mortgage fraud, including appraisal fraud, for over two years to the Department of the
January 11, 2017 For immediate release. By Jeannie O’Sullivan. Law360, New York (January 11, 2017, 5:28 PM EST) – The New Jersey Appellate Division on Wednesday upheld a roughly $100,000 cut to an attorneys’ fees award in a consumer fraud row, ruling that the award was proportionate to the plaintiff’s limited jury award in the case.
Mortgage Fraud Lawsuit . Are you facing foreclosure or has the bank already foreclosed on your home? Were you surprised by the bank’s actions? Are you thinking there could be mortgage fraud lawsuit is potentially in play? Maybe they promised that they would work with you to save your home.
Home » Frequently Asked Questions About Class actions. frequently asked questions About Class Actions . What is a securities class action? A class action is a representative action that allows a person or entity to commence a lawsuit on behalf of other persons or.