FHA mortgage interest lawsuit

Chase, as one of the nation’s largest holders of FHA-insured home loans, has collected millions of dollars in post-payment interest. The National Association of Realtors (“NAR”), estimates that “more than 40 percent of FHA borrowers close during the first 10 days of the month, exposing them to at least 20 days of interest payments after the termination of the mortgage.”

If you took out an FHA mortgage between August 2, 1985 and January 21, 2015, and paid off or refinanced your loan, you may have paid post-payment interest and may be entitled to recoup your losses.

When a customer wants to pay off their loan, either because they sold their house and bought a new house, they want to pay off the mortgage early, or they want to refinance the loan with another company, the customer typically requests a “payoff statement.” According to HUD regulations (the law), the payoff statement must tell the customer that they can pay off the loan on the first day of the month and not pay any interest for that month. It also must disclose that if the customer is paying off the loan on any day other than the first of the month, they may have to pay interest for the entire month, even though they paid it off before the end of the month. Third, the payoff statement must disclose how the post-payment interest is calculated.

Chase uses a standardized form for all customers who request a payoff statement. And Chase does not provide any of these disclosures in that form. A recently initiated lawsuit says that Chase’s failure to provide the disclosures, and specifically in the form mandated by HUD regulations, is a breach of the contract the customer and Chase entered into (the promissory note). In addition to not providing the disclosures, Chase is collecting interest for the entire month for any payment made on a day other than the first of the month.   If you want to investigate your entitlement to damages against Chase or any other bank for such interest payments, contact us at 303-840-2222 or 866-987-4368 (toll free), or complete the confidential case inquiry form on the margin of this page.

Taxotere Chemo Drug Lawsuit

Chemo Drug Taxotere Causes Permanent Hair Loss

Hair loss is a common side effect of chemotherapy, but it is only temporary.  Hair completely regrows shortly after treatment is finished. Taxotere, however, has been reported to cause permanent and irreversible hair loss, sometimes called alopecia. All body hair is lost, including eyebrows, eyelashes and pubic hair.

Taxotere is the most frequently prescribed chemotherapy drug for women suffering from breast cancer. In fact, it is used by approximately 75% of breast cancer patients in the United States. Taxotere is also prescribed for men and women suffering from other forms of cancer, including lung cancer, stomach cancer, head and neck cancer, and prostate cancer.

Sanofil, the company that manufactures and sells Taxotere, knew for years that it could cause permanent hair loss, but failed to warn patients or instruct them how to reduce the risk. In fact, a study that Sanofil sponsored and funded, GEICAM 9805, showed that approximately 10% of patients suffered hair loss lasting 10 years or more. Sanofil warned patients and doctors in other countries of the risk of permanent hair loss, but hid these facts from patients and doctors in the United States.

Permanent hair loss can be disfiguring and severely damage a person’s self confidence.  If you or a loved one has suffered permanent hair loss after using Taxotere, please call our office at 303-840-2222 or 866-987-4368 (toll free), or complete the confidential case inquiry form on the margin of this page.