Still No Private HAMP Claim 
By
Published: December 19, 2012
Tags: Judge Raymond A. Jackson, Real Estate, U.S. District Court - Eastern District
The Newport News U.S. district court says borrower cannot state a claim for relief against servicing lender for exercising its right to foreclose rather than grant another loan modification; 4th Circuit precedent establishes that the federal Home Affordable Modification Plan (HAMP) does not create a private right of action.
After securing financing to purchase land 2006, ...
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