This class action lawsuit claims that Ocwen Loan Servicing, LCC, breached its contract with consumers through a systematic practice of charging illegal prepayment penalties in the form of “post-payment” interest on loans insured by the Federal Housing Administration without first complying with the uniform provisions of the promissory notes and the FHA regulations governing these loans.
The plaintiff in this lawsuit alleges that Wells Fargo violated the Truth in Lending Act by issuing payoff statements that did not credit or disclose property insurance claim funds held by Wells Fargo and which were potentially available to be applied to her account balance.
The plaintiff in this lawsuit alleges that Bank of America breached the promissory notes underlying consumers' FHA-insured home loans when they collected post-payment interest without providing an FHA-approved payoff disclosure to borrowers who made a pre-payment inquiry, request for payoff figures, or tender of prepayment.
This lawsuit claims that systemic and improper collusion between Nationstar Mortgage Holdings and Bank of America to charge homeowners inflated amounts of principal on their mortgages based upon late fees incurred throughout the term of the loan resulted in “balloon payments” at the end of the term.
The plaintiffs in this class action lawsuit allege that Head Mercantile Co. sent their employers facsimile communications regarding their own debt. This act caused plaintiffs severe stress, harassment, humiliation, and embarrassment in the workplace
The plaintiffs in this lawsuit allege that Kovitz Shifrin Nesbit's initial communication with plaintiffs, relating to the alleged failure to pay condominium assessments, confused Plaintiffs regarding the right of KSN to demand payment within 30 days and the right of Plaintiffs to a 30-day window within which to dispute the debt or request additional information.