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Class Action Filed in the District Court of Puerto Rico against Numerous Defendants, including Government Agencies, GSEs, and Servicers

Posted By USFN, Tuesday, May 23, 2017
Updated: Thursday, May 18, 2017

May 23, 2017

by Marisol Morales
Millennium Partners – USFN Member (Puerto Rico)

On April 5, 2017, a 36-page complaint for “Truth in Lending, Real Estate Settlement Procedure Act, Regulation X, HARP, HAMP, Sup[p]lemental Jurisdicction (sic)” and Demand for Jury Trial was filed in the U.S. District Court for the District of Puerto Rico.

Claimants allege that they were subject to illegal foreclosure processes while in loss mitigation review in violation of the “Principal Residence Protection and Mandatory Mediation in Foreclosure Proceedings Act,” HAMP, HARP, and other loan modification programs. Claims for damages exceed $400 million.

The class action is captioned Camacho v. United States of America (Farm Service Agency), et al., Civil No. 17-1448.

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Note for consideration of the USFN Award of Excellence: This article is not a "Feature."

 

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