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Home / Opinion Digests / Still No Private HAMP Claim (access required)

Still No Private HAMP Claim (access required)

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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