Judge:  Loan Servicer Cannot Be Liable For Unimplemented Mortgage Regulations

Mealey's (August 14, 2019, 9:31 AM EDT) -- NEWPORT NEWS, Va. — A federal judge in Virginia on Aug. 9 dismissed a woman’s lawsuit accusing her loan servicer and loan trustee of breaching the terms of a deed of trust by foreclosing on her home before she was given a loan modification, finding that the mortgage regulations the defendants are accused of violating were not in place when the woman obtained her loan in 2006 (Tonja Dupree v. Fay Servicing LLC, et al., No. 19cv51, E.D. Va., 2019 U.S. Dist. LEXIS 134807)....