Roseville, California (PRWEB) June 25, 2012
Even though Citibank has stated it will offer modifications in accordance with the recent attorney general settlement, many home owners excluded from the settlement agreement are left without relief.

Even though settlement was reached not too long ago with the States Attorneys General, UFAN Legal Group, Pc (UFAN) continues to see significant interest in litigation against Citibank and the other significant banks participating in the settlement. In spite of the settlement, a lot of California property owners continue without having relief.

UFAN filed its very first complaint against Citibank on February 16, 2012 in Los Angeles County Superior Court (Apostel v. Citibank, Case No. BC057629). The case targets troubles origination of loans, Citibanks alleged improper servicing of borrowers loans, and other claims primarily concerned with contract law. The case is set to be amended on July 9th, 2012 and UFAN is presently seeking new clients, similarly situated with current plaintiffs, who are left without relief.

Current news headlines talk about the settlement in between the States Attorneys General and 5 significant banks, such as Citibank. While Citibank, by way of this settlement, agreed to a massive cash payout each to participating states and particular groups of distressed borrowers, many borrowers continue to be left with out relief. For instance, as reported by the LA Occasions in February, the settlement does not cover property owners whose mortgages are owned by government sponsored entities like Fannie Mae and Freddie Mac. Reportedly, these loans make up much more than 60% of California homeowners, and the settlement itself will only apply to about 250,000 California property owners.

Even though the settlement precludes specific new actions by state officials against participating banks, it does not limit private lawsuits filed on behalf of property owners. UFAN continues to fight for the rights of distressed property owners who have been injured by the poor company practices of Citibank, and who have been left without having help in spite of governmental efforts.

If you think you may have been injured by your lender, UFAN provides complementary attorney consultations to help distressed property owners in assessing possible choices for relief which includes, but not limited to, litigation and bankruptcy.

Click here to get in touch with UFAN.

ABOUT THE UNITED FORECLOSURE Lawyer NETWORK

UFAN Legal Group, Pc dba United Foreclosure Attorney Network (UFAN) is a Roseville, California-based law firm offering mortgage litigation and other debt associated legal services. The dedicated attorneys and employees at UFAN work tirelessly to seek justice and fight for the rights of its clientele. For much more information contact toll free 1-866-400-4242.

This release could constitute attorney advertisement. Kristin Crone, Esq. is the attorney accountable for this advertisement. The info in this release and on the UFAN website (ufanlaw.com) is for basic details purposes only. Nothing in this release or on the UFAN site should be taken as legal tips. Prior successes are no guarantee of future overall performance. Litigation is inherently uncertain and final results in litigation are never assured.





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