Next come the wave of lawsuits over the servicers’ inability to even stick to the terms of the crummy existing program of HAMP…
- Plaintiffs say they’re stuck in loan-modification limbo. Two lawsuits filed yesterday in US District Court in Boston claim Wells Fargo and Bank of America have not followed federal rules for mortgage loan modifications, leaving some homeowners stuck in foreclosure “limbo.’’
- See Johnson v. BAC Home Loans Servicing, LP
- See Bosque et al. v. Wells Fargo Bank, N.A.