6th Circuit Finds Borrowers Have No Remedy Under Loan Modification Law

(January 22, 2016, 10:55 AM EST) -- CINCINNATI — After finding that former homeowners had no remedy under a Michigan loan modification statute or title to a property, the Sixth Circuit U.S. Court of Appeals on Jan. 19 affirmed a district court's decision to dismiss claims for state law and quiet title claims against a bank (Kenyatta Nance, et al. v. Bank of America, N.A., No. 15-1504, 6th Cir.; 2016 U.S. App. LEXIS 1017).

(Unpublished opinion available. Document #85-160209-015Z.)

Kenyatta and Kimberly Nance obtained a loan to purchase a property. The Nances executed...
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