Deed Of Trust Did Not Incorporate Regulation X, Federal Judge Finds

Mealey's (June 15, 2020, 11:40 AM EDT) -- LYNCHBURG, Va. — A federal judge in Virginia on June 10 dismissed federal causes of action against a loan servicer and substitute trustee saying their foreclosure activities breached the terms of the deed of trust because they did not comply with the Reals Estate Settlement Procedures Act (RESPA) and its implementing regulation, Regulation X, holding that the regulations were not incorporated into the deed (Josh McMichael, et al. v. Select Portfolio Servicing Inc., et al., No. 20-cv-00004, W.D. Va., 2020 U.S. Dist. LEXIS 102133)....