Class Action

PennyMac’s COVID-19 Forbearance Plans

Class Action

PennyMac’s COVID-19 Forbearance Plans


Case Name (Date)

Cyrus et al. v. PennyMac Loan Services, LLC
24-cv-1145, D. Conn.
(July 2024)


Product/Service

COVID-19 Forbearance Plans for mortgages


Allegations

Deceptively representing that a deferred payment program would be available to veterans after their forbearance plans ended when the company stopped accepting applications for the program and forced veterans to accept loan modifications that increased their monthly mortgage payments


Status

Pending



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