When housing market prices in the U.S. began escalating in the 1980′s they basically continued to rise until the early 2000′s. Then the fiasco began. In June, 2006, the housing market crisis became a reality. A family in California, the Giangregorios, who actually had equity in the home they have lived in for the last …
Category Archive: Mass Litigation
Jun 24
Lawsuit vs. Lenders
If banks cannot come to an agreement with at least two Attorneys General (Illinois and North Carolina) regarding their role in the foreclosure crisis, a lawsuit will be forthcoming. A multi-billion dollar fine and a principal reduction or writedown plan for current homeowners has been discussed by the federal government, including the U.S. Justice Department, …
Jun 03
Amerihope Alliance: Taking Aggressive Action Against Unscrupulous Lending Practices via Joinder Lawsuit
A top rated Florida law firm that has successfully negotiated over 3000 loan modifications, Amerihope Alliance is going a step further. Responding to unscrupulous lending practices defrauding thousands of Florida homeowners, Amerihope Alliance is fighting back with a mass joinder lawsuit on behalf of its clients. This mass joinder lawsuit is the rallying of frustrated …
May 04
When Foreclosure Defense Attorneys Care Too Much
We have written a lot lately about lawyers that are motivated by taking people’s money and do not deliver the results homeowners need. Ironically the announcement of the disbarrment of California attorney Michael Pines is a cautionary warning about lawyers of a different stripe: The kind whose compassion for homeowner injustice compels them to go …
Apr 27
More Foreclosure Officials Suffer Credibility Problems
Slammed by a financial crisis created by greedy financial institutions, homeowners are quickly finding new foes to blame for their continued suffering: Foreclosure fighters in government positions who have a tendency to sell out. To date, the Federal Reserve has found no wrongful foreclosures, the FBI says there’s no proof of financial crimes regarding the …
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