In the wake of the U.S. financial system collapse and national foreclosure crisis, some plaintiffs are using loan modification offers to stay in their homes “rent-free” in schemes designed to “game the system” — and in this case, “this is not the first rodeo for these plaintiffs,” a federal Alabama court judge recently said. Read on to find out what the judge had to say about the plaintiffs’ claim that their loan servicer violated RESPA, and how such claims are becoming part of this unfortunate trend.
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