Posts Tagged ‘servicer abuses’

California Homeowner Loses $16.2 Million Awarded by Jury

Written on 29 Oct, 2014 at 10:23

What's the worst case for Mr. Linza at this point? His loan was around $240,000 plus the arrearages, which I suppose could amount to six figures... but still. He can't be more than $158,000 behind, right? So, assuming that's true,... (Continue reading)

Tagged with: breach of contract by servicer CA Jury award reduced to $158000 Jury Awards Homeowner $16.2 million Linza v. PHH loan modifications PHH Mortgage Servicing servicer abuses United Law Center wrongful foreclosure Yuba

Federal Regulators to Bring Enforcement Actions Against Banks… May Get Rid of Hot Towels in Washroom

Written on 17 Feb, 2011 at 11:27

You know what... go to hell. How about the servicers offer "enhanced, streamlined modifications to troubled borrowers" just because it's the right thing to do? How about the servicers do it because although they can never come close... (Continue reading)