Todd Rundgren Sues WaMu/Chase Claiming Mortgage Fraud

By Curtis Lum
Honolulu Advertiser Staff Writer

A singer who gained popularity in the late 1960s with the song “Hello It’s Me” has filed a lawsuit here against a Washington-based bank, asking a judge to stop the financial institution from foreclosing on his Kaua’i home.

Todd Rundgren filed the complaint Wednesday in state Circuit Court and alleged that representatives from Washington Mutual misled him and his wife, Michele, when the couple refinanced a loan on their property in Kilauea. The lawsuit, filed by attorney Gary Dubin, lists as defendants Washington Mutual Bank and JP Morgan Chase, which acquired WaMu in September 2008.

The Rundgrens are asking for a temporary restraining order to halt foreclosure actions, as well as an undetermined amount in damages and attorneys fees.

http://www.honoluluadvertiser.com/article/20090828/NEWS01/908280353/Singer+sues+bank+in+foreclosure

OCWEN-Worst Servicer EVER!

The Center for Public Integrity has ranked OCWEN Financial Corp. dead last in helping homeowners modify their loans.

http://www.publicintegrity.org/investigations/economic_meltdown/articles/entry/1629/

CitiGroup Left Couple Uninsured During Hurricane Ike

8/19/2009 5:33 PM
By John Suayan, Galveston Bureau

GALVESTON – A Galveston County couple is suing a subsidiary of Citigroup for failing to pay their insurance premium payment on time.

Garry and Karrie Higgs’ breach of contract suit alleges St. Louis-based CitiMortgage mishandled a payment that was essential to the renewal of their policy with the Texas Windstorm Insurance Association.

“CitiMortgage had a fiduciary duty to the plaintiffs to make the insurance premium payments,” the suit says. “CitiMortgage breached that duty to the plaintiffs.”

The suit was filed Aug. 11 in Galveston County District Court.

Court papers show the Higgs had a homeowner’s insurance policy……

http://setexasrecord.com/news/220650-galveston-couple-blames-citigroup-for-failing-to-pay-twia-premiums

Florida Cabinet Appoints Banking Lawyer To Head OFR

Eleven months after Florida’s top financial regulator was ousted for failing to stop criminals from fleecing borrowers in the mortgage industry, state leaders named a banking industry lawyer to head the agency entrusted with investigating financial fraud and protecting consumers.

Gov. Charlie Crist and the state Cabinet appointed J. Thomas Cardwell….

http://www.miamiherald.com/business/story/1182036.html