DSNews: Author: Brian Honea January 26, 2015 Approximately half a million homeowners who received a mortgage loan modification in 2010 through the government’s Home Affordable Modification Program, commonly known as HAMP, are due to reset in 2015 – and those homeowners will be facing slowly increasing monthly mortgage payments. Will these homeowners be able to […]
Tag: HAMP
Banks and loan services liable for improper handling of loan modification requests
SunCoastToday.com By Bob Feingold 11/5/2014 The U.S. District Court ruled last week that a pattern of delay and evasive and erroneous responses to a consumer requesting a loan modification under the Home Affordable Modification Program (HAMP), can be the basis for a lawsuit under Massachusetts General Law Chapter 93A, the Consumer Protection Statute. Hanrahran v. […]
