North Carolina High Court Affirms HAMP Claims Are Time-Barred

(April 18, 2024, 10:34 AM EDT) -- RALEIGH, N.C. — Homeowners were on notice of their lenders’ allegedly fraudulent scheme to delay or deny loan modifications through repeated difficulties in securing a loan modification from Bank of America under the Home Affordable Modification Program (HAMP) and when the process resulted in their homes being foreclosed upon, a divided North Carolina Supreme Court said in finding the claims time-barred....