Class Action | Central Mortgage Company
Ulman v. Central Mortgage Company
Los Angeles County Superior Court (Class Action). Class action brought against Central Mortgage alleging that Defendants intentionally failed to return refunded property tax owed to the Plaintiffs. Defendants would pay anticipated property taxes on properties it listed for sail. At closing, homebuyers would reimburse Defendants for the property taxes that they paid for the property, but when Defendants received a refund from the Los Angeles County Tax Collector’s Office, they would retain the entire refund and not reimburse the homebuyers their proportional share.