$16 Million In Linza V. PHH Jury Trial

$16 Million In Linza V. PHH Jury Trial

Written by  in category 
July 18, 2014

You can find another reference from the National Mortgage News article HERE.


Yuba jury awards $16 million in mortgage case

Phillip Linza, a homeowner in Plumas Lake, was awarded the damages after a three-year battle against PHH Mortgage Services, a loan servicer based in Mount Laurel, N.J. A Yuba County Superior Court jury decided on the award earlier this week.

Linza’s attorneys Andre Chernay and Jon Oldenburg of the United Law Center in Roseville, said the award included $514,000 in compensatory damages and $15.7 million in punitive damages. They said it ranked among the biggest jury awards they’ve encountered in years of representing homeowners in foreclosure and other mortgage-related cases.

“This is really the highest we’ve seen,” Oldenburg said. “It’s a huge figure.”

Officials with PHH couldn’t be reached for comment. The company’s lawyers Edward Treder and Darlene Hernandez declined comment.

Chernay said the case began when Linza, who works in sales, fell on hard financial times after buying a home in 2006 for approximately $280,000. Court records show Linza filed for personal bankruptcy in October 2009.

According to his lawsuit, PHH agreed in late 2010 to a loan modification that was supposed to reduce Linza’s monthly payments to $1,543 from $2,100. The new loan was supposed to take effect in January 2011.

After Linza made three monthly payments under the new terms, PHH began sending him letters demanding different amounts. First it said his new payment was $2,350 a month – slightly higher than before the modification. Later it sent him a notice saying he owed PHH some $7.056. The company also told him it wasn’t applying his monthly payments to his loan balance because he wasn’t paying the proper amount, according to Chernay.

“It was their mistake as of January 1st (2011) that created this whole scenario,” Chernay said.

Despite numerous phone calls and letters, Chernay said Linza wasn’t able to resolve the problem. After learning that his payments weren’t being used to reduce his balance, he stopped sending money to PHH, the lawyer said.

In 2012, the loan-servicing company initiated foreclosure proceedings. The proceedings halted when the Roseville law firm stepped in and filed suit on Linza’s behalf, Chernay said.

Even with the foreclosure stopped, Linza’s credit rating suffered and he endured emotional stress, Chernay said.

“If the Yuba County jury hadn’t saved him, the house would have been gone and he would have had to move in with his daughter in Colorado,” Chernay said.

159 Responses

  1. botdb.win says:

    It’s very easy to find out any matter on net as compared to books, as I found this post at this website.

  2. Toto Isu Terpercaya dan Terbesar Analisa4D
    Analisa4D merupakan website toto online Terpercaya 2022 dan terbesar di Indonesia.

    Laman Analisa4D juga sudah menerima surat izin sah dari PAY4D yang mewujudkan kami sebagai salah satu laman terpercaya di Indonesia.
    Yang bisa membayar berapapun kemenangan membernya.
    Disini kami mempunyai 10 ragam pasaran internasional dari pelbagai
    negara. Seperti, Singapore, Hongkong Siang, Hongkong Malam,
    Sydney, Bulleye dan masi ada banyak pasaran lainnya lagi.
    Kami juga menyediakan lebih dari 100 permainan judi slot online yang di support seketika oleh 7 provider slot tenar di segala Asia.
    Disini Minimal taruhan di toto online ini bahkan tergolong rendah sebab cuma dengan Rp.100 perak saja kau telah bisa
    mulai bertaruh di togel online dan Rp. 200,- untuk permainan slot online.

    Toto Hongkong Siang dan Toto Hongkong Malam 2 Pasaran Berbeda
    Meski mempunyai nama pasaran yang sama melainkan pasaran toto Hongkong siang dan Honkong malam ialah 2 pasaran berbeda.
    Seperti nama pasarannya keluaran toto Hongkong hal yang demikian mempunyai waktu berbeda merupakan pada
    pukul 11:00 siang dan 23:00 malam waktu Indonesia barat.
    Ini dapat dikatakan sebagai salah satu efek dari banyak nya
    peminat pemain toto online Hongkong.

    Pelayanan Toto Trend Terbesar Analisa4D
    Sebagai toto online terbesar dan Terpercaya 2022 kami senantiasa
    menjaga kwalitas pelayanan kami. Karenanya dari itu adanya operator live chat
    24-jam yang siap melayani dan menjawab pertanyaan yang anda
    punya. Analisa4D juga merilis aplikasi Analisa4D yang dapat
    segera kau download di pada tombol aplikasi yang sudah disediakan di layar monitor
    ataupun hp anda. Cuma dengan mengakses ke dunia maya kau telah bisa bermain di website kami di manapun dan kapan saja.
    Website toto online terlengkap dan terpercaya 2022 juga memberikan bermacam sistem untuk mengerjakan deposit.
    Ini diawali dari depotis melalui pulsa dengan potongan yang benar-benar rendah.
    Adapun cara deposit e-money seperti Ovo, Dana dan juga Linkaja.
    Kemudian 5 macam rekening bank untuk menjalankan deposit.

    Variasi Permainan Laman Judi Slot Isu Analisa4D
    Sebagai salah satu raksasa laman judi slot onilne di Indonesia.

    Kami sudah legal berprofesi sama dengan 7 provider slot online terkemuka di semua
    Asia. Provider terkemuka hal yang demikian merupakan, Habanero, Pragmatic Play,
    Joker Gaming, PG Soft, CQ9, Spade Gaming dan Top Selanjutnya Gaming.
    Dan seperti yang tertera diatas ini yakni alasan kuat
    kenapa kami yaitu judi slot online yang terpercaya dan mempunyai lebih
    dari 10,000 sempurna anggota loyal.

    Bonus Menarik Bagi Pemain Analisa4D
    Kami selaku judi slot dan toto online terpercaya 2022 senantiasa berupaya untuk memberikan yang terbaik bagi para anggota – membernya.
    Pertama, senantiasa rajin menambahkan game terupdate yang
    disediakan. Kedua, memberikan bonus berbeda terhadap pemain sejati slot online.
    Bonus yang dimaksud merupakan bonus yang dimaksud yakni
    bonus rollingan % berjenjang. Artinya persentasi rollingan bisa ditingkatkan bila anda
    menempuh prasyarat dan ketetapan. bonus new anggota sebesar 50% dari
    skor deposit pemain. Nah sekiranya anda mau mengenal isu lebih lanjut segera saja bertanya di operator live chat kami pada
    kolom kanan bawah layar anda. Bonus referral yang berlaku di pasaran togel mana
    saja, termasuk slot, IDN Play dan juga tembak ikan.
    Bonus referral dihitung seketika dari sempurna taruhan, bonus referral juga tak mempunyai batas.

    Perlu dikenal bahwa pihak admin Analisa4D memiliki hak mengambil perbuatan secara seketika sekiranya terjadi tindak curang dari tersangka.
    Ini dilaksanakan demi menjaga keamanan dan kenyamanan para pemain. Jadi mohon ikuti prasyarat dan ketetapan yang sudah digunakan. Terima
    beri dan semoga mujur.

  3. 수원출장 says:

    I every time used to study paragraph in news papers
    but now as I am a user of internet thus from now I am using net for content, thanks
    to web.

  4. I’m not sure where you are getting your information, but
    great topic. I needs to spend some time learning more or understanding more.
    Thanks for magnificent info I was looking for this information for my mission.

  5. fb88 says:

    Hi there, I discovered your web site by the use of Google whilst looking for a comparable matter, your web site came up,
    it seems to be good. I’ve bookmarked it in my google bookmarks.

    Hello there, just become alert to your weblog via Google, and located that it is really informative.

    I’m gonna be careful for brussels. I will be grateful in the event you proceed this in future.
    Lots of other folks can be benefited out of your writing.
    Cheers!

  6. We are a bunch of volunteers and starting a brand new scheme in our community.
    Your web site offered us with useful info to work on.
    You’ve performed an impressive activity and our whole group will be grateful to you.

  7. Does your website have a contact page? I’m having trouble locating it but, I’d
    like to shoot you an email. I’ve got some ideas for your
    blog you might be interested in hearing. Either way, great website and I look forward to seeing it develop over time.

  8. I’m amazed, I must say. Rarely do I encounter a blog that’s both
    equally educative and engaging, and let me tell you, you’ve hit the nail on the head.
    The problem is an issue that not enough men and women are speaking intelligently about.
    Now i’m very happy that I stumbled across this during
    my hunt for something regarding this.
    TPE & Silicone Love Dolls
    silicone real doll

  9. Excellent goods from you, man. I’ve be mindful your stuff previous to and you’re simply too wonderful.
    I actually like what you’ve acquired right here, really like what you’re stating and the
    way in which by which you say it. You’re making it enjoyable and you continue to care for
    to stay it sensible. I can’t wait to read much more from you.
    This is really a great site.