CA Court of Appeals Finally Finds Servicers Cannot Negligently Handle Your Loan Mod Application
Posted On: August 19th 2014
There has been significant progress in the case law involving mortgage loan servicer negligence in the handling of loan modification applications. Recently, in Alvarez v. BAC Home Loans Servicing, the California Court of Appeal (First Appellate District, Division Three) held — for the first time– that a mortgage loan servicer owes a duty of care…
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