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Home / Opinion Digests / No Harm Alleged from Default Overstatement (access required)

No Harm Alleged from Default Overstatement (access required)

Although Virginia law may support a claim that a material overstatement of an amount owed on a mortgage loan default is a material breach of a note and deed of trust, plaintiffs in this case have failed to demonstrate harm from any purported overstatement, as they don’t allege they tried to raise the money to ...