The Home Equity Theft Reporter: Four Central Florida Homeowners Seek Class Action Status In Federal Lawsuit Targeting GMAC In Robosigner Scandal

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Lawsuit Filings Seeking Class Action Status Against Loan Servicers Continue To Pick Up Steam Bloomberg News reports: Billionaire Wilbur Ross’s American home mortgage servicing Inc., facing lawsuits by attorneys general in two states, was sued by a homeowner who accused the firm of using tactics that lead to improper foreclosures.

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The law firm that brought the class-action lawsuit says that about 1 million customers will be eligible for payments, although legal fees are likely to eat up about 30% of the amount. Randy of.

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