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Class Action Filed Against Banks in Foreclosure Proceedings Articles
October 13, 2012. By Gordon Gibb.
Read [ LawyersandSettlements.com Reports 70 Percent Spike in Mortgage Claims ]
Santa Cruz, CA (Press Release) While the aftermath of the sub-prime mortgage crisis has seen a number of large U.S. banks defending themselves against charges of misconduct, new data reported by LawyersandSettlements.com indicates consumers are still being impacted by the crisis. Mortgage-related complaints submitted to the legal news website have continued to increase year-over-year as readers continue to seek out legal help in dealing with foreclosures and discriminatory lending practices.
February 3, 2011. By Brenda Craig.
Read [ Attorney Chases Justice in Foreclosure Crisis ]
Philadelphia, PA Got to hand it to attorney John Narkin. He's got this foreclosure crisis thing figured out—well, near as anyone can figure it out. The 113-page class-action suit on behalf of distressed homeowners filed by Narkin's firm, BHN Law in Philly, lays out the whole sorry story in amazing detail, complete with links to video clips.
November 24, 2010. By Brenda Craig.
Read [ Attorney Blasts Foreclosure Process in Florida ]
Jacksonville, FL Florida attorney Chip Parker says he is "appalled" by the way the fundamental rules of law are being bent, twisted and even ignored in order to ram foreclosures through the courts at lightning speed. "One day you could be the victim of an auto accident, or accused of a crime—there could be a number of reasons why you find you need access to the legal system," says Parker from Parker & DuFresne in Jacksonville. "If the rules of law are capable of being bent during this foreclosure crisis—then it means the rule of law can be bent at anytime!"
November 12, 2010. By Brenda Craig.
Read [ Everybody Deserves Due Process Says Attorney Gary Mason ]
Washington, D.C. Banks are being hit with a hailstorm of class actions for being quick to trigger foreclosures without actually reviewing the facts of the case. So-called "robo-signers" from GMAC and several other lenders have admitted in depositions that they signed thousands of foreclosure affidavits without ever reading the files.
November 3, 2010. By Brenda Craig.
Read [ Undisciplined Seizure of Homes Sparks Suit ]
Newark, NJ This ultimately has more to do with the parts of the banking system being in a mess, rather than with malice. Nonetheless, damage is being done, according to attorney Lawrence Friscia. His firm, which is primarily a real estate and consumer advocacy firm, is now handling dozens of foreclosure cases. Friscia began to notice some similarities. "We noticed a certain pattern developing, and process matters," says Friscia. "And I think the process that is due to a big bank is also due to a small client."