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Home / Opinion Digests / HOLA Preempts State Law Claims (access required)

HOLA Preempts State Law Claims (access required)

Plaintiff borrowers who lost their home to foreclosure cannot sue a bank and Fannie Mae as the Roanoke U.S. District Court says plaintiffs’ state law claims are preempted by federal law and the complaint fail to state claims under state law. This action arises out of a transaction for a modification for a residential mortgage loan ...