Citi Borrowers Take Mortgage Modification Fight To 9th Circ.
Law360, Los Angeles (February 4, 2016, 11:22 PM EST) -- Homeowners alleging a Citigroup Inc. unit breached loan modification agreements told the Ninth Circuit on Thursday that a California judge wrongfully denied class certification over concerns that their claims were too individualized, saying they shared a common question regarding the deadline for the lender to approve revisions.
David Azar of Milberg LLP, representing the homeowners, told the three-judge appellate panel on Thursday that Citi Mortgage Inc. failed to provide timely decisions to homeowners seeking mortgage modifications under the federal Home Affordable Modification Program, leaving borrowers with fewer options and time to head off possible mortgage defaults.
Thus, U.S. District Judge Dale...
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