Borrower Claims In Loan Modification Suit Lack Key Elements, Judge Rules

Mealey's (February 9, 2023, 1:29 PM EST) -- DALLAS — Dismissal of claims against a mortgage lender over its refusal to grant borrowers a loan modification and subsequent initiation of foreclosure proceedings against the borrowers after they defaulted on their loan is necessary because the borrowers have failed to plead “key elements” of each of the claims that have brought against the lender, a federal judge in Texas ruled....