Month: June 2012

Homeowners Can Sue Over HAMP Denial

by Dean Kanellis Dean Kanellis

A homeowner who was denied a permanent loan modification can sue her lender for fraud and other state law claims. According to the Seventh Circuit Court of Appeals, while HAMP does not provide for a private right of action, it does not preempt valid state law claims that a borrower may otherwise be able to raise.

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