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Mortgage Claims Deutsche Bank

Mortgage Claims Against Deutsche Bank Not Barred by Failed-Bank Law

Can homeowners whose original mortgage bank failed sue the new owner of their mortgage for the original bank’s wrongdoing? Yes, according to a recent decision from the Massachusetts Appeals Court, Starkey v. Deutsche Bank. The case involved a relatively complicated statutory issue related to the Financial...

wrongful foreclosure astoria bank

Wrongful Foreclosure Lawsuit to Proceed Against Astoria Bank

A Massachusetts homeowner’s claim for wrongful foreclosure is being permitted to proceed in federal court, despite banks attempt to dismiss the case. The homeowner claimed that the company who owned and serviced his mortgage, Astoria Bank, committed fraud and violated the Massachusetts Consumer Protection Act by...

Ocwen Mortgage Massachusetts

Ocwen Ordered to Cease Mortgage Operations in Massachusetts

Ocwen, one of the largest mortgage servicers in the country, faces regulatory action from both the state and federal levels for “failing borrowers at every stage of the mortgage servicing process,” including mishandling mortgage accounts and botching loan modifications. The federal Consumer Financial Protection Bureau sued...