Below is a sampling of NCLC class action litigation efforts in the areas of mortgage servicing and loan modifications. Information on other NCLC litigation can be found here. HAMP Trial Period Plan (TPP) Contract Claims NCLC, with its co-counsel, has filed five class action suits on behalf of Massachusetts residents to challenge the way the [.]
against Defendant Nationstar Mortgage LLC, doing business as Mr. Cooper ("Defendant" or. assessments, hazard insurance premium, mortgage insurance premium, or any other payment agreed to by the borrower and the. This class action lawsuit is brought on behalf of all of those homeowners.
As of March 2015, lawsuits filed against Nationstar Mortgage include breach of contract, unjust enrichment and fraud claims, according to Courthouse News Service and the West Virginia Record. Other lawsuits allege Fair Debt Collection Act and Fair Credit Reporting Act violations, states Justia. The plaintiffs are seeking money damages.
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A large investor was extending a bullish position in Nationstar Mortgage before its quarterly results this morning. optionMONSTER’s market scanner shows that 9,500 January 10 calls were sold for $2.80.
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Nationstar Mortgage LLC has been sued for demanding homeowners pay more than what the mortgage contract allows. The lawsuit alleges that when the homeowners did not pay the higher monthly payment Nationstar commenced a harassing and illegal debt collection and credit reporting campaign designed to pressure the homeowners into paying.
In addition to this notification, the Special counsel regulations require that I provide you with ‘a description and explanation of instances (if any) in which the Attorney General’ or acting Attorney.
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Prosecutors wrote: ‘Manafort suggests, for example, that but for the appointment of the Special Counsel’s Office, he would not have been charged in connection with hiding. admitted lying to.
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Borrowers, however, are still responsible for paying property taxes and homeowner’s insurance during the term of the reverse mortgage loan. A reverse mortgage loan is secured by a lien on the home and is typically paid off when the home is sold.