Nationstar Texas Class Actions Filed
Sep 26 2013 15:47 Filed in: nationstar | texas constitution | texas home equity | mortgage modification
On behalf of all affected Texans, my clients in Burnet and Dallas Counties have filed class actions against Nationstar Mortgage. The Burnet case is hair-raising: it alleges that Nationstar modified a Texas home mortgage loan (home equity loan, specifically) at least four times, more than doubling the principal amount of the original note and scheduling interest-only payments. The plaintiffs' monthly payment would QUADRUPLE at the end of the modifications, highlighting why the Texas Constitution forbids home equity loans from having interest-only payments.
The cases (click on the case to see the petitions are George et al. v. Nationstar Mortgage, LLC, Cause No. 41914 (Burnet County 424th District) and Graze v. Nationstar Mortgage, LLC, Cause No. DC-13-05406-H (Dallas County 160th Dist). These cases will be combined into the pending Nationstar MDL involving multiple additional cases of the same kind.
If you have a Nationstar loan that was modified, and Nationstar is threatening foreclosure, or badgering you to short-sell or give a deed-in-lieu-of-foreclosure, CONTACT ME IMMEDIATELY to protect your rights.
The cases (click on the case to see the petitions are George et al. v. Nationstar Mortgage, LLC, Cause No. 41914 (Burnet County 424th District) and Graze v. Nationstar Mortgage, LLC, Cause No. DC-13-05406-H (Dallas County 160th Dist). These cases will be combined into the pending Nationstar MDL involving multiple additional cases of the same kind.
If you have a Nationstar loan that was modified, and Nationstar is threatening foreclosure, or badgering you to short-sell or give a deed-in-lieu-of-foreclosure, CONTACT ME IMMEDIATELY to protect your rights.
I will update this blog entry when the MDL judge has been appointed and when more information is available about the Nationstar class actions. If you have suffered abuse at the hands of Nationstar, please email me your loan modifications and call me to discuss.