Defective Item Liability Lawsuit Filed Against the Mortgage Sector as a Group. Mortgage Item Recall?


Santa Ana, CA (PRWEB) March 14, 2011

According to the just filed California Superior Court Case # 30-2011-00455676-CU-OR-CJC, titled LOUIS FRANCISCO, et al. v. CITIGROUP, INC., et al, CPAC, Non Profit Law Clinic focused on helping struggling households with tiny youngsters and the elderly facing Homelessness due to bank fraud and lender abuse, is charging the mortgage market has been operating in a manner designed to defraud home owners.

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According to CPAC Non Profit Law Clinic’s President, G. Lee. Lane who is a 39-year multi-state licensed lawyer who served as dean and professor of many law universities for 18 years and has authored many books, some of which have been cited by U.S Congress, “CPAC is doing what our government has not. CPAC Non Profit Law Clinic is fighting against a show of alleged bank fraud and lender abuse that is detailed in our California Superior Court documents just filed.”

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Details on related violations, misrepresentations, errors, blunders or fraud that may exist in your home loan can also be effortlessly identified and documented for you by accessing their customer friendly web site http://www.CPACnonprofit.org

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Even Hollywood’s recent Academy Awards recognized the difficulty in the recently acclaimed film “Inside Job”. In his Academy Award speech Charles Ferguson’s comment, when he accepted the award, “Forgive me, I must start by pointing out that three years right after our horrific monetary crisis caused by huge fraud, not a single financial executive has gone to jail, and that is incorrect.” Possibly you must ask yourself if it were the average Joe, John Q Public, you or I , would we NOT be behind bars?

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Beneath California’s recent law SB 94, attorney and dean G. Lee Lane opinions that the government prohibits private sector specialists, which includes the honest and successful ones from attempting to aid the American customer. “SB 94 is an absolute prohibition of such prepaid function,” stated Dean Lane.

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CPAC Non Profit Law Clinic presently represents over 240 individual civil lawsuits against banks. CPAC Non Profit Law Clinic fights mortgage bankers who can afford to employ the most expensive attorneys.

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According to attorney Lane CPAC’s position is that this new California Superior Court lawsuit, Francisco, et al, v. Citigroup, et al, is a specific type of lawsuit. This sort of lawsuit has not happened against the banking industry prior to, since it enables these who till now could not afford to use the American court system, to file a lawsuit against their lender to put an finish to the banking difficulties in the mortgage spiral.

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Lane continues “What CPAC Non Profit Law Clinic has done is what we would expect our government to have already carried out file a ‘Defective Item Liability Lawsuit’ against the mortgage business on behalf of the American individuals”. He went on to state that not since operating 30 years ago on the asbestos and lung illness epidemic, has the approach dean Lane crafted been utilized in America.

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Author and dean Lane states, “Lastly, somebody has put a neon yellow florescent sign on the 1000 lb gorilla in the room. Lastly there is an chance for the average American to stand up against the JP Morgan Chases, GMAC’s and all the other individuals.”

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CPAC’s president and staff attorneys crafted this suit so that it allows further homeowners to be joined with earlier plaintiffs to enter into this lawsuit economically. The suit tends to make it clear that banks are foreclosing on American families with small youngsters although allegedly falsely misleading them into believing they were on track to get a easy loan modification. Rather, soon after numerous thousands of dollars being paid to the lenders, rather than a loan modification agreement they get a notice of sale on their houses forcing households, even mothers with modest young children to be evicted from their home, facing homelessness, states the just filed lawsuit.