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Home / Opinion Digests / No Claim for Right to Loan Modification (access required)

No Claim for Right to Loan Modification (access required)

Although plaintiffs, who lost their home to foreclosure, allege defendant Wells Fargo promised a loan modification if they made payments under a Trial Period Plan, plaintiffs have no contractual right to a loan modification, and the Alexandria U.S. District Court grants the lender’s motion to dismiss. The TPP merely required plaintiffs to remit mortgage payments – ...

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