Federal judge advances class action suit over botched mortgage modifications

A Yorkville homeowner’s lawsuit alleging that her lender botched her efforts to modify her mortgage will be allowed to proceed and seek class-action status, a federal court judge ruled this week.

The Monday ruling by U.S. District Court Judge Sharon Johnson Coleman, denying OneWest Bank’s motion to dismiss the case filed by Stacey Fletcher, shows that the door has been opened to homeowners and former homeowners who believe their lenders mishandled applications for participation in the government’s loan modification programs, according to Steven Woodrow, one of Fletcher’s attorneys.

“It really helps the people who are really being strung along,” Woodrow said. “That person may be able to sue the bank for breach of contract.”

Read on.

Here is the complaint. Click here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s