Wednesday, January 12, 2011

Class Action Suit in Washington State for Existing Homeowners Against MERS - EMC Mortgage and Bear Sterns - Looking at Other Mortgage Servicers to Do a Class Action too!

NOW, We are talking!  This is what NEEDS TO HAPPEN IN EVERY STATE!  A Class Action Suit for EXISTING Mortgage holders of a MERS - EMC Mortgage!  Also the attorney is looking at all the other mortgage servicers to do a class action with!

I AM EXCITED AND THRILLED To see this!  This Class Action is the FIRST OF ITS KIND!  It is for those people who have existing mortgages, not have already been foreclosed on!

If you are in Washington State and have a MERS mortgage and a EMC mortgage CONTACT the Attorney!  Join in on the Class Action - Get your name with the Attorney!

The information and Attorney to Contact:

From - Stop Foreclosure Fraud

SEATTLE, January 10, 2011 (GlobeNewswire) – Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) announces that a class action has been filed in the United States District Court for the Eastern District of Washington on behalf of all mortgagors in the State of Washington whose home mortgage loans are serviced by EMC Mortgage Corporation and who (a) have attempted to obtain modifications of their loan terms from EMC; and (b) have made payments pursuant to a “Repayment Agreement,” a Home Affordable Modification Program (“HAMP”) trial modification plan, or any other temporary modification plan.
The complaint alleges, among other things that the Defendants: engaged in bad faith as to home mortgage loan modification negotiations; led mortgagors to reasonably believe and rely on Defendants’ representations that they would permanently modify their mortgage loans upon successful completion of “Repayment Agreements” or other trial programs; charged unreasonable, unlawful, or excessive fees; failed to properly disclose and/or concealed fees and other charges; failed to provide to mortgagors a proper or comprehensible accounting of fees, payments, credits, arrearages, and amounts owed; improperly or under-applied mortgage payments to accounts; and breached “Repayment Agreements” or other trial modification program contracts or promises. The complaint has been filed pursuant to the Washington Consumer Protection Act and contains additional claims for breach of contract, breach of the duty of good faith and fair dealing, promissory estoppel, and unjust enrichment.

Keller Rohrback is also investigating the following mortgage loan servicers regarding mortgage loan modifications in Washington and elsewhere:
  • American Home Mortgage Servicing, Inc.
  • Aurora Loan Services, LLC
  • Citimortgage, Inc.
  • GMAC Mortgage, Inc.
  • JPMorgan Chase Bank NA
  • Litton Loan Servicing LP
  • Nationstar Mortgage LLC
  • OneWest Bank
  • SunTrust Mortgage, Inc.
If your home mortgage loan is serviced by EMC Mortgage Corporation or any of the above-listed servicers and you have questions regarding these matters, please contact paralegal Nick Wallace or attorneys Gretchen Obrist or Lynn Sarko at 800.776.6044 or via email at info@kellerrohrback.com.
For additional information regarding the litigation, please click here.
Keller Rohrback, with offices in Seattle, Phoenix, Santa Barbara and New York, is committed to helping individuals protect their investments. Keller Rohrback has successfully provided class action representation for over a decade. Its litigators have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.
Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
CONTACT:
Keller Rohrback L.L.P.
Nick Wallace, Paralegal
(800) 776-6044
info@kellerrohrback.com
www.krclassaction.com
Source: Keller Rohrback L.L.P. Keller Rohrback L.L.P. Announces Class Action Complaint Filed Against EMC Mortgage Corp. and The Bear Stearns Companies LLC

The Full complaint is on the page, linked!

No comments:

Post a Comment