A Maryland couple accused their servicer of proceeding with a foreclosure sale after they allegedly provided a complete and timely loss mitigation application.
Fay Servicing, LLC argued the company is not liable for violating RESPA Section 1024.41(g), which limits a mortgage servicer’s ability to conduct a foreclosure sale if a borrower submits a complete application more than 37 days before a foreclosure sale.
Read on to find out how a federal judge ruled.
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