WIRE)--The law firm of Berger & Montague, P.C. has filed a
class action complaint in the United States District Court for the
Eastern District of Michigan on behalf of all Michigan homeowners
whose mortgage loans have been serviced by Saxon Mortgage Services,
Inc. and/or Ocwen Loan Servicing, LLC (collectively "Defendants"),
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 that
complied with the U.S. Department of the Treasury's Home Affordable
Modification Program ("HAMP") rules.
If you believe that you have been improperly denied a
permanent loan modification by Saxon Mortgage Services, Inc. or
Ocwen Loan Servicing, LLC after April 13, 2009, please contact
plaintiffs' counsel, Eric Lechtzin of Berger & Montague,
P.C. at 888-891-2289 or 215-875-3038, or by e-mail at firstname.lastname@example.org. A copy of the Complaint can
be viewed on the firm's website at www.bergermontague.com or may be requested
from the Court. The docket number is 2:11-cv-13973-SFC-MJH.
The Complaint alleges that Saxon Mortgage Services, Inc. and
Ocwen Loan Servicing, LLC agreed to participate in HAMP, and are
obligated to modify mortgage loans they service for homeowners who
qualify under HAMP, a federal program designed to abate the
foreclosure crisis by providing mortgage loan modifications to
eligible homeowners. The lawsuit alleges that Defendants
systematically slow or thwart homeowners' requests to modify
mortgages in order to collect higher fees and interest rates
associated with stressed home loans.
Members of the proposed class applied for HAMP loan
modifications from Defendants, were prequalified for the program,
and received TPP contracts calling for them to make three modified
loan payments and submit certain financial documentation if they
had not already done so. Despite fulfilling these obligations under
the TPP contracts with Defendants, they did not receive permanent
HAMP modifications of their loans, nor did they receive timely
written notifications explaining the reasons for Defendants'
For more information about this case, please contact:
Todd S. Collins, Esq.
BERGER & MONTAGUE, P.C.
1622 Locust Street
Philadelphia, PA 19103
Telephone: 1-888-891-2289 or 215-875-3000
Berger & Montague, founded in 1970, is a pioneer in class
action litigation. The firm's approximately 70 attorneys
concentrate their practice in complex litigation, including
consumer protection, securities fraud, whistleblower and false
claims actions, antitrust, labor and employment rights, and
environmental and mass torts, and have recovered several billion
dollars for consumers and investors.