Category Archives: Residential Mortgage Lending

Residential Mortgage Lending

Part 1 – HAMP Enforcement: Are Courts Trending Toward a Private Right of Action? 8/13/14
Several recent cases may signal an increased willingness by the courts to allow borrows to bring claims against lenders who fail to provide them with a permanent loan modification. Lenders would be wise to review their procedures, form agreements and form correspondence to borrowers seeking HAMP modifications to minimize their exposure for liability.  

The HAMP Modification Process

The Home Affordable Mortgage Program ("HAMP") is part of the Emergency Economic Stabilization Act enacted...