Property Owners’ Complaint Dismissed for Insufficient Facts Showing Date of Foreclosure Loss Mitigation Application - Riker Danzig

Property Owners’ Complaint Dismissed for Insufficient Facts Showing Date of Foreclosure Loss Mitigation Application - Riker Danzig

What You Need to Know The United States District Court for the Eastern District of Virginia recently dismissed RESPA claims because plaintiffs could not prove when they submitted their loss mitigation application Court emphasized that "dual tracking" claims require complete loss mitigation applications submitted at least 37 days before foreclosure Trustees and law firms acting as trustee’s agents are exempt from RESPA liability Courts require sp…