Source: Strauss & Troy
Strauss & Troy Investigates HSBC Bank and Citi Mortgage

CINCINNATI, Dec. 1, 2010 (GLOBE NEWSWIRE) — The Cincinnati law firm of Strauss & Troy announced today that it is investigating HSBC Bank and Citi Mortgage for potential violations of state and federal law with regard to foreclosures initiated against homeowners participating in the Home Affordable Modification Program (HAMP) and/or robo-signers who initiated foreclosure actions without adequately reviewing the filings. Strauss & Troy represents homeowners in a pending action against a bank for alleged violations of HAMP.

Individuals who have lost their homes in a foreclosure action or are currently in foreclosure initiated by HSBC or Citi Mortgage: (i) after making payments pursuant to a trial HAMP payment plan that was not made permanent, or (ii) as a result of robo-signers who initiated foreclosure actions without adequately reviewing the filings, may have a claim and are encouraged to contact attorneys Richard Wayne, William Flynn, or John Levy at (513) 621-2120, or by email at: rswayne@strausstroy.com, wkflynn@strausstroy.com or jmlevy@strausstroy.com for further information without any obligation or cost to you.

CONTACT:  Strauss & Troy
Richard Wayne, Esq.
William Flynn, Esq.
John Levy, Esq.
(513) 621-2120
1-800-669-9341
Cincinnati, Ohio  45202

FIRST CAUSE OF ACTION

(Breach of Covenant of Good Faith and Fair Dealing)

SECOND CAUSE OF ACTION

(Equitable Estoppel)

THIRD CAUSE OF ACTION

(Inducing Breach of Contract)

FOURTH CAUSE OF ACTION

(Unjust Enrichment)

FIFTH CAUSE OF ACTION

(Violation of California Business & Professional Code 17200, et seq., Unlawful, Unfair, or Fraudulent Business Practices)

WELLS FARGO CA

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You Walk Away is a site that advertises heavily on Loansafe.org. This is the first place I ever heard, encountered them…I thought this was their company. I wonder what the outcome of this will be?

The Attorney General of Indiana announced that they were suing five foreclosure consultant companies. Included in this law suit was “You Walk Away” LLC of California. The attorney General is filing law suits on these companies as a result of an investigation into alleged fraudulent business activity.

These companies like so many fraudulent foreclosure consultants have been charging distressed homeowners upfront for negotiation services and then never rendering these services. O to put it another way “You walk away” walked away with your money.

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