CitiMortage Sued Over HAMP Modification Denials

April 20, 2011
By Jacksonville Foreclosure Defense Attorney on April 20, 2011 10:44 AM |

Thumbnail image for citimortgage.jpgCitiMortgage, Inc. is the Defendant in a class action lawsuit that alleges that CitiMortgage denied borrowers permanent loan modifications under the government's Home Affordable Modification Program (HAMP). The class action has been in the U.S. District Court for the Eastern District of Pennsylvania. The class contains homeowners in Pennsylvania with mortgages serviced by CitiMortgage that entered into trial modifications and complied with the terms of the trial modifications only to later be denied a permanent HAMP modification. The class action complaint alleges that CitiMortgage had a contractual obligation to permanently modify loans that the company serviced if the homeowners qualified for HAMP.

If you are being considered for a HAMP modification, it is important to have all of the modification documents reviewed by a Florida Foreclosure Defense Lawyer to ensure that you receive the best possible modification.