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Loan Modification

: Loan Modification & Home Loan News

Big Banks Explain Why They Won?t Give You A HAMP Modification

By Moe Bedard

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Lawyers for homeowners who have been denied mortgage modifications under the Obama administration’s Home Affordable Modification Program make a straightforward argument when they sue banks. As a class-action complaint in Massachusetts puts it, “when a large financial institution promises to modify an eligible loan to prevent foreclosure, homeowners who live up to their end of [...]

Full post as published by Loan Modification & Home Loan News on October 21, 2010 (boomark / email).

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Related Law Articles

Whats a Home Loan Modification?
How to Qualify for a Home Loan Modification

Lawsuits and Settlements

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Jevic Transportation
allegedly failing to give 60 days warning before closing plant.

Commonwealth Land Title Insurance Co.
allegedly failed to give policyholders discounted rates to which they were entitled.

WA Dept. of Social and Health Services
Class action settlement reached will give $45,000 each to thousands of minority day-care providers.

SunTrust Mortgage Faces Class Action over Alleged HAMP Breach of Contract
SunTrust Mortgage Faces Class Action over Mortgage Restructuring

Ford Explorers
Ford Motor Co. agrees to give out $500 vouchers to SUV owners in class action settlement.

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