Keller Rohrback L.L.P. Announces Class Action Complaint Filed Against SunTrust Mortgage, Inc. and Ongoing Investigation of Mortgage Modifications -- STI


SEATTLE, June 24, 2011 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) announces the filing of a class action lawsuit in the United States District Court for the Southern District of California. The case was filed against SunTrust Mortgage, Inc. and SunTrust Banks, Inc. (NYSE:STI). The complaint was filed on behalf of homeowners who pursued mortgage loan modifications with SunTrust and alleges that Defendants violated consumer protection laws and breached contracts and other duties by, among other things:

  • Taking advantage of mortgagors' defaults;
  • Promising modification and forbearance, soliciting modification applications, and representing that certain written materials are part of the modification process;
  • Failing to grant promised modifications or reneging on contractual modifications;
  • Unduly delaying modifications;
  • Repeatedly telling mortgagors that documents are lost, missing, incomplete, or otherwise defective;
  • Proceeding with foreclosures based on mortgagors' failure to meet shifting demands;
  • Increasing principal balances and imposing late charges and other fees and expenses on mortgagors;
  • Hanging foreclosure over mortgagors' heads as they are dragged through the modification process;
  • Substantially increasing debts by incorrectly applying payments; and
  • Failing to keep accurate records.

Keller Rohrback's national investigation of the practices alleged in the complaint is ongoing.

If your home mortgage loan is or was serviced by SunTrust, if your home was sold in a foreclosure sale while you were seeking a loan modification from SunTrust, or if you have information about SunTrust's loan modification practices, please contact paralegal Maggie Norton or attorneys Sharon Hritz or Lynn Sarko at 800.776.6044 or 805.456.1496, or via email at info@kellerrohrback.com.

Keller Rohrback, with offices in Santa Barbara, Seattle, Phoenix and New York, is committed to helping individuals protect their investments. Keller Rohrback has successfully provided class action representation for over a decade. Its litigators have obtained judgments and settlements on behalf of clients in excess of seven billion dollars.

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.



            

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