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Typically, you will either contact the Class Counsel or the Settlement Administrator in order to join a class action lawsuit. Contact information will be provided in the advertisement or notice.
One of the dangers of joining a class action lawsuit is that you lose the right to file an individual lawsuit if the class action case fails. In addition, you cannot reject a settlement offer to which the class representatives have agreed.
Let's go over five not-so-secret but super helpful tips for making that happen. Make extra house payments. Make extra room in your budget. Refinance (or pretend you did). Downsize. Put extra income toward your mortgage.
You can also look up class action lawsuits and settlements on the sites ClassAction or Consumer-Action.
What is this lawsuit about? A Settlement Agreement has been reached in a class action lawsuit alleging that MTGLQ Investors and NewRez LLC d/b/a Shellpoint Mortgage Servicing (“Shellpoint”) charged illegal fees for property preservation activities.
Top 10 mortgage lender and servicer NewRez is restructuring its distributed retail mortgage business, which has resulted in cuts to regional and divisional managers.
What is this lawsuit about? A Settlement Agreement has been reached in a class action lawsuit alleging that MTGLQ Investors and NewRez LLC d/b/a Shellpoint Mortgage Servicing (“Shellpoint”) charged illegal fees for property preservation activities. Am I a member of the class?
New Penn Financial is now officially NewRez. New Penn Financial has rebranded and will be known as NewRez moving forward, the company announced on Monday. Last month, the mortgage lender announced that it planned to change its name to NewRez to align itself with its new parent company, New Residential Investment Corp.