Timing is Everything: 11th Circuit Finds Loss Mitigation Application Untimely
Consumer Financial Services Law
OCTOBER 25, 2016
Ocwen Loan Servicing, the court considered whether the mortgage servicer had an obligation to evaluate a loss mitigation application when, at the time the completed application was submitted, a foreclosure sale was scheduled to occur in two days. Ocwen Loan Servicing, 2016 U.S. LEXIS 18264 (11 th Cir. 12 CR 1024.41(c)(1).
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