Tuesday, July 26, 2011

Suit: Saxon, Ocwen Stiffed Pennsylvania Homeowners Seeking Loan Mods; Complaint Seeks Class Action Status As HAMP Federal Litigation Parade Marches On

From a press release from the Philadelphia, Pennsylvania-based law firm of Berger & Montague, P.C.:

  • The law firms of Berger & Montague, P.C. and Ann Miller, LLC have filed a Class Action complaint in the United States District Court for the Eastern District of Pennsylvania on behalf of all Pennsylvania homeowners whose mortgage loans have been serviced by Saxon Mortgage Services, Inc. and/or Ocwen Loan Servicing, LLC, and who, since April 13, 2009, (1) have entered into a Trial Period Plan ("TPP") contract with Defendants and made all payments as required by their TPP contract and complied with Defendants' requests for documentation, and (2) have not received or have been denied a permanent Home Affordable Modification Agreement in accord with the U.S. Department of the Treasury's Home Affordable Modification Program ("HAMP") rules.

For more, see Pennsylvania Homeowners File Class Action Against Saxon Mortgage Services, Inc. and Ocwen Mortgage Servicing, LLC for Wrongfully Denying Mortgage Modifications.

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