ALISO VIEJO, CA, Nov 29, 2011 (MARKETWIRE via COMTEX) -- Avid Law Center continued its fight for distressed homeowners in a recent lawsuit against Wells Fargo, Bank of America, and others involved in the alleged unlawful denial of the homeowner's mortgage restructuring. The Orange County, California-based real estate and litigation law firm raised a number of potential legal violations, including improper securitization of the homeowner's loan, the refusal to honor an originally granted loan modification, and loan servicer interference in contractual relations.
"We think it's clear that our clients are prime candidates for the Making Home Affordable Program, they did everything asked of them by the banks. They initially had a trial modification granted to them, then, for some unknown reason, it was improperly denied," said Timothy L. O'Reilly, senior trial attorney with Avid Law Center. "Their situation has left them with little alternative other than to pursue litigation to try to protect their rights."
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