Hill et al v. Countrywide Home Loans, Inc. (class action complaint)
U.S. District Court for the Eastern District of Texas, transferred from Jefferson County (Texas) District Court
Filed November 16, 2007
Download the full complaint (PDF)
Allegations: In the wake of the devastation on the Gulf Coast, Countrywide announced that borrowers who were unable to work or whose homes were uninhabitable could take a grace period of up to 90 days without financial penalty. But rather than allowing borrowers to make up the deferred payments by making extra payments at the back end of their loans, these lawsuits claim, the company demanded these borrowers make up the difference at the end of their grace periods or forced them into costly loan modifications. These borrowers lost money "as a result of Countrywide's unfair and deceptive and unscrupulous conduct," the Hill complaint says.
