Plaintiff owns a rural home in Apache Junction, Arizona. She purchased the home in 1976; however, due to her increasing mortgage payments and her fixed income of social security, she couldn’t afford to the higher mortgage payments.
Plaintiff applied for a loan modification and was approved. Shortly thereafter, Ocwen initiated foreclosure and eventually foreclosed despite Plaintiff making payments per the modification.
Plaintiff filed a suit against the lender and servicer for wrongfully and unlawfully foreclosing on her home and attempting to evict her. The suit filed in Pinal County included exhibits showing on-time payments.
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LITIGATION SETTLED. SPECIFIC SETTLEMENT TERMS ARE CONFIDENTIAL. FORECLOSURE REVERSED AND PLAINTIFF RECEIVED A FAVORABLE MODIFICATION