4 NYC homeowners file lawsuit charging they were denied access to mortgage program
By APMonday, November 9, 2009
4 NYC homeowners sue over mortgage program
NEW YORK — Four New York City homeowners have filed a lawsuit charging they were denied access to a federal home-refinancing program.
The plaintiffs are homeowners in Brooklyn and Queens who have mortgages serviced by Aurora Loan Services.
They are charging that Aurora denied them access to the Obama administration’s Home Affordable Modification Program without valid reasons.
That program is designed to help borrowers refinance their home loans to avoid foreclosure.
The lawsuit also charges that U.S. Treasury officials failed to ensure that homeowners are afforded their full due process rights.
It was filed Monday in federal district court in Washington, D.C.
The homeowners are represented by the Legal Aid Society of New York City.
A spokeswoman for Aurora Loan Services had no immediate comment on the lawsuit.
Tags: New York, New York City, North America, Personal Finance, Personal Loans, Real Estate, United States
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November 9, 2009: 8:21 pm
I’ve heard this from several people that their bank was closed or siezed and they couldn’t get the “obama help.” Good to know some people are fighting back! |
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