Ocwen Federal Bank Consumer Protection Class Action Lawsuit

I found this tonight and I don't know anything about this Lawfirm, or if they are taking anyone outside of California? If you find out let us know by leaving information in the comments.


From: http://www.lieffcabraser.com/ocwen.htm


In a consumer protection lawsuit, Lieff Cabraser Heimann & Bernstein, LLP, with co-counsel, represents homeowners in California with loans serviced by Ocwen Federal Bank, FSB and Ocwen Financial Services, Inc. ("Ocwen"). The lawsuit, originally filed in Alameda County Superior Court in October 2003, alleges that Ocwen has engaged in a scheme of unfair, unlawful, and deceptive business practices in its "servicing" of residential mortgage loans in California.
The specific misconduct charged against Ocwen includes:
failing to credit payments received in a timely fashion;
failing to provide customers with timely or clear information about timing and amount of payments owed;
prematurely referring accounts to collections, regardless of legal and/or contractual grace periods;
misapplying payments received;
increasing customers’ monthly payment amount without proper notice and in violation of the terms of the customers’ original mortgage note; and
procuring hazard insurance for properties already insured, resulting in exorbitant annual premiums charged to customer’s accounts without cause.
The Class Defined
The representative Plaintiffs brought the lawsuit on behalf of themselves and all residents in the State of California who, during the period October 30, 1999 through the present had residential mortgages that were serviced by Ocwen, whether Ocwen obtained the right to collect payments on these loans by assignment, transfer, sale, or any other means.
Lieff Cabraser serves as co-lead counsel for plaintiff in the nationwide federal court action against Ocwen and other entities. The litigation is pending in the Northern District of Illinois.
At the appropriate time, Plaintiffs will request that the Court find that their claims are typical of the claims of the members of the Class, and that the Court certify that the lawsuit should proceed as a class action and notice be given to the Class. Customers of Ocwen who believe that they have been subjected to any of these practices may click here to contact Lieff Cabraser.
Please Note: We appreciate receiving information on your experience with Ocwen. This will aid our ongoing nationwide investigation of the company. We will review the information, but cannot provide any legal assistance. Lieff Cabraser cannot serve as your counsel in any matter unless you and our firm expressly agree in writing that we serve as your attorney. You should also be aware that the Statute of Limitations (the deadline imposed by law within which you may bring a lawsuit) may severely limit the time remaining for you to file any potential claims you may have.
Trademark Information
This website is sponsored by the national plaintiffs' law firm of Lieff Cabraser Heimann & Bernstein, LLP, and is not affiliated in any way with Ocwen, Ocwen Financial Corporation and Ocwen Federal Bank FSB. Ocwen, Ocwen Financial Corporation and Ocwen Federal Bank FSB are trademarks of Ocwen Financial Corporation.