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Loss mitigation procedures

Cited in 725 Amendments 1 Related
Vincent
CurrencyCurrent through May 31, 2023
Citation 12 C.F.R. §1024.41
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2 cases
  • Mikulski v. Wells Fargo Bank, N.A., Case No. 17-CV-179
    • United States
    • U.S. District Court — Eastern District of Wisconsin
    • August 25, 2017
    ...(ECF No. 19, ¶ 33.) It alleges that Selene failed to comply with the standard of professional conductfor mortgage bankers set forth in 12 C.F.R. 1024.41 by not using "reasonable diligence in gathering information for Mikulski's modification application" and by mishandling the modification. ......
  • Rojecki v. Bank of Am., N.A.
    • United States
    • U.S. District Court — District of New Jersey
    • June 28, 2016
    ...sale date." (Id. at 2-3). The Court declines to dismiss Rojecki's RESPA claim based on BANA's arguments. Under RESPA's "Regulation X," 12 C.F.R. § 1024.41, a loan servicer cannot refer a mortgage for foreclosure proceedings under certain circumstances. See, e.g., Beard v. HSBC Mortg. Servs.......

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