Morgan Stanley Reaches $4.5M Deal To End HAMP Suit

By Michael Lipkin · April 9, 2015, 6:45 PM EDT

A Morgan Stanley unit has agreed to pay $4.5 million to end class action allegations that it denied thousands of California homeowners new terms through the federal Home Affordable Modification Plan,...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Settlement

Case Information

Case Title

Gaudin v. Saxon Mortgage Services, Inc.

Case Number

Court

California Northern

Nature of Suit

Contract: Other

Date Filed

April 06, 2011

Recent Articles By Michael

April 22, 2015
BofA Tells 2nd Circ. To Kick Judge Rakoff's $1.27B Fine
April 22, 2015
Philly, Pa. Township Ink Deal On $6.4B Airport Expansion
April 17, 2015
FHFA Leaves Guarantee Fees For Fannie, Freddie Untouched
April 17, 2015
Brooklyn Property Owners Can't Duck Developer's $76M Suit
April 17, 2015
Ariz. Rejects Tribe's $400M Phoenix Casino, Cites Fraud
April 06, 2015
Goldman Sachs Urges Judge Not To Certify Abacus Class
April 01, 2015
Fla. Appeals Court Affirms $1B Judgment For Lennar
March 31, 2015
Wal-Mart Escapes Investor Suit Over Mexican Bribery Claims
March 26, 2015
Tribe Asks To Keep Casino Builder In Desecration Suit
March 20, 2015
NCUA Sues HSBC For Alleged $2B RMBS Trustee Failures