Archive for January, 2014
Ocwen has been stopped again from foreclosing on a Dallas-area homeowner. Foreclosure defense attorney Walker M. Duke obtained a temporary restraining order/TRO from a Texas district court judge, halting Ocwen’s attempts to sell the house. The TRO came on the heels of a lawsuit against Ocwen and a securitization or asset-backed trust that claimed to hold the homeowner’s note.
The homeowner had repeatedly tried to work with Ocwen over an extended period of time to avoid the foreclosure, but Ocwen would not budge. As a result, the homeowner had no choice but to seek relief through the courts.
“The supposed holder of the homeowner’s note made one representation to the U.S. Securities and Exchange Commission, and an entirely different representation in the county property records. Both were under oath. Both can’t be right,” said Duke.
Attorney Walker Duke works with homeowners all over North Texas who are fighting with their lender to keep their home, and he has filed numerous lawsuits on behalf of homeowners to protect their rights. On behalf of homeowners, Duke has sued many of the lending industry’s biggest companies, including Bank of America, Wells Fargo, Citibank/CitiMortgage, Chase, U.S. Bank, Ocwen, Nationstar, Deutsche Bank, AHMSI/Homeward, Fannie Mae, Freddie Mac, and Goldman Sachs. He has obtained TROs and injunctions preventing foreclosures and evictions. He has also obtained loan modifications that have kept homeowners in their homes long term and in some instances, obtained dramatic principal reductions.