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Leading Consumer and Homeowner Rights Attorneys: Protecting Families, Achieving Economic Justice

Our attorney blog allows us to keep our readers up to date with legal news, law firm announcements, current events, and other tidbits of information that you won't find anywhere else. In short, regular blog entries, we will share our thoughts and opinions on legal news and happenings related to consumer rights, consumer class action lawsuits, wrongful foreclosure cases, car and truck accidents, pedestrian and motorcycle accidents, and child accident injuries.
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Wrongful Bank Foreclosure

4/1/2010
Advocate for the Injured
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Watchdog Group Questions Fairness-in-Lending Under HAMP

A new survey conducted by a consumer watchdog group raises questions about whether or not banks are following fairness-in-lending laws while administrating the government’s Home Affordable Modification Program (HAMP).

3/26/2010
Advocate for the Injured
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Nearly 4,000 Mass. Homeowners Have Faced Foreclosure Since January

The pace of foreclosures may be slowing from 2008 and 2009, but thousands of Massachusetts homeowners are still facing the prospect of losing their homes each and every month. Nearly 4,000 Massachusetts residents received a foreclosure petition in January and February, representing roughly 2,000 homes entering foreclosure each month.

3/26/2010
Advocate for the Injured
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Changes Coming to the Government’s HAMP Program

In a Congressional hearing on Thursday, the Treasury Department testified that it will be making changes to its Home Affordable Mortgage Program (HAMP) due to complaints made by consumer watchdog groups. There will be three main changes made to the HAMP program to help ensure that consumers are treated fairly by banking institutions.

3/26/2010
Advocate for the Injured
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Obama Administration to Announce New Loan Modification Initiatives

A number of interest groups and watchdogs have criticized the federal government’s Home Affordable Mortgage Program (HAMP) for failing to stem the rising tide of mortgage defaults and foreclosures. The Obama administration will announce new initiatives on Friday.

3/26/2010
Advocate for the Injured
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Eligibility Details for Countrywide Loan Modification Settlement Emerge

The Massachusetts Attorney General announced yesterday a settlement with Countrywide Financial that may benefit homeowners in Massachusetts. Countywide Financial, which is owned by Bank of America, agreed to provide $18 million in loan modification for those with “underwater mortgages” in Massachusetts.

3/25/2010
Advocate for the Injured
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Mass. Resident’s Credit Damaged During Loan Modification

A recent case in Massachusetts illustrates how unsuspecting homeowners can face severe damage to their credit scores during a home-loan modification process. A Winthrop resident saw his credit score plummet after he attempted to renegotiate his home loan with Citi Mortgage through the federal Home Affordable Modification Program (HAMP).

3/25/2010
Advocate for the Injured
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Some Massachusetts Banks Not Following Loan Modification Guidelines

Consumers across the country are frustrated with banking institutions that are refusing to follow the guidelines that govern the federal loan modification program, known as the Home Affordable Modification Program (HAMP). A number of homeowners across the country are filing complaints against banks that continue to follow deceptive practices during the loan modification process.

3/25/2010
Advocate for the Injured
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Bank of America Announces New Guidelines on Principal Forgiveness

In an agreement worked out with the Commonwealth of Massachusetts, Bank of America announced today that it will put a greater emphasis on principal forgiveness when negotiating loan modifications with homeowners. The new initiative was announced in press release from Bank of America.

3/25/2010
Advocate for the Injured
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Countrywide Settlement May Help Massachusetts Homeowners

Massachusetts Attorney General Martha Coakley announced today a settlement with Countrywide Financial that may provide some benefits to homeowners in Massachusetts. Countrywide Financial must provide $18 million in loan modification agreements in Massachusetts, in addition to a direct payment of $4.1 million to the state government.

3/25/2010
Carlin Phillips
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Treasury: You Think Bank Foreclosure During Loan Mod Process Will Really Stop?

National Wrongful Foreclosure and Seizure Attorneys Phillips & Garcia Help with Foreclosure During Loan Modification Process

3/24/2010
Advocate for the Injured
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Watchdog Group Criticizes HAMP

Many homeowners attempting to save their house from foreclosure through modification programs are turned down for no reason, or are taken advantage of by their lender. If you’ve lost your home to wrongful foreclosure, contact a Massachusetts attorney at Phillips & Garcia, P.C. 877-892-5620 to file a wrongful bank foreclosure lawsuit.

3/19/2010
Carlin Phillips
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Late Fees Assessed During the Loan Modification Process

Phillips & Garcia Investigate Late Fees During Loan Modification Process

3/8/2010
Carlin Phillips
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Credit Scores Damaged By Banks In Loan Modification Process

Wrongful Forclosure Attorneys/Phillips & Garcia Investigate Credit Reporting on Loan Mods

3/8/2010
Andrew J Garcia
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New Legislation Offers Options for Victims of Wrongful Bank Foreclosures

Whether you are a homeowner or a tenant, a wrongful bank foreclosure could put you and your family on the street. Contact a Massachusetts class action attorney at Phillips & Garcia, P.C. 877-892-5620 to file a wrongful bank foreclosure lawsuit.

3/4/2010
Carlin Phillips
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Credit Damaged By Bank During Loan Modification Process

Phillips & Garcia Investigating Cases of Damaged Credit During Loan Modification Process

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