Philly Firm Flags CitiMortgage With 2nd HAMP Suit; Complaints Requesting Class Action Status Filed On Behalf Of Keystone, Garden State Homeowners

In Philadelphia, Pennsylvania, the law firm of Berger & Montague, P.C. recently announced:

• The law firm of Berger & Montague, P.C. has filed a class action complaint in the United States District Court for the Eastern District of Pennsylvania on behalf of all Pennsylvania homeowners whose mortgage loans have been serviced by CitiMortgage, Inc., and who, since April 13, 2009, (1) have entered into a Trial Period Plan (“TPP”) Contract with CitiMortgage and made all payments as required by their TPP Contract and complied with CitiMortgage’s requests for documentation, and (2) have not received or have been denied a permanent Home Affordable Modification Agreement that complied with the U.S. Department of the Treasury’s Home Affordable Modification Program (“HAMP”) rules.

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• The Complaint alleges that CitiMortgage accepted billions in government bailout money under the Troubled Asset Relief Program (“TARP”) earmarked to help struggling homeowners avoid foreclosure. CitiMortgage, like other TARP-funded financial institutions, is contractually obligated to modify mortgage loans it services for homeowners who qualify under HAMP, a federal program designed to abate the foreclosure crisis by providing mortgage loan modifications to eligible homeowners.

For the press release, see Berger & Montague, P.C. Files Class Action Lawsuit Against CitiMortgage, Inc. on Behalf of Pennsylvania Homeowners.

For the lawsuit, see Whiting v. Citimortgage, Inc. (April 1, 2011).

See also, Silva v. Citimortgage, Inc. (March 11, 2011) for a similar lawsuit filed by this firm on behalf of screwed-over New Jersey homeowners.

See Parade Of HAMP Lawsuits Seeking Class Action Status Continues; Banks Accused Of Stiffing Homeowners On Loan Modifications, Despite Pocketing TARP Ca$h for links to some of the complaints filed in an ever-growing list of HAMP-related, loan modification lawsuits.