The banks’ mishandling of trillions of dollars of mortgages has prompted lawsuits across the country over whether banks are legally foreclosing on homeowners. attorneys general with jurisdiction.
As previously stated in this space, the FBI announced on September 17 that mortgage fraud is rampant. is a team thing. A homeowner needs a new roof or structural repairs, and approaches a.
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Aceves v. U.S. Bank, N.A. The court of appeal reversed in part, holding that Aceves stated claims for promissory estoppel and fraud. The court of appeal concluded that Aceves stated a claim for promissory estoppel. As alleged, in reliance on a promise by U.S. Bank to work with her in reinstating and modifying the loan,
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Wrongful foreclosure is a civil cause of action based on allegations of foreclosure fraud. Fraud can occur across multiple facets of the foreclosure process, including botched documents.
California :Aceves ruling: Foreclosed homeowner has cause to sue bank for fraud A California appeals court ruled that U.S. Bank reneged on its promise to negotiate a mortgage modification, which is sufficient cause for the homeowner to sue the bank for fraud in a scathing ruling alleging the bank never had any intention of working with the homeowner.
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If you believe you have become the victim of a foreclosure rescue or mortgage modification scam, cut off all communication with the scammer and file a complaint with us. At Risk of Foreclosure? Consider one or more of the steps below: Contact your lender/mortgage servicer immediately for assistance with foreclosure prevention options. Your lender or mortgage servicer can help you avoid foreclosure.