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Old 08-20-2007, 10:58 PM
Veronica Corningstone's Avatar
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Delayed Recons Spur Class Action

Temple-Inland is accused of violating California law by failing to request that the deeds of trust for homes that had been paid off be put in the homeowner's name, court documents indicate. The Texas-based mortgage company, which did not respond to MortgageDaily.com's request for a statement, is facing a class action lawsuit from as many as 40,000 California borrowers. The plaintiffs' attorney said his Los Angeles law firm got involved in the case and similar litigation after one of the partners in his firm discovered that the deed to his house had not been reconveyed.

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