Items Tagged with 'Garry Brewster'

ARTICLES

  • No HAMP For You! NYC Homeowners Sue Over Mods

    Four homeowners from Queens and Brooklyn filed a federal class action lawsuit against Aurora Loan Services - a subsidiary of Lehman Brothers - for allegedly not considering their loans for modification under the Home Affordable Modification Program (HAMP). Under HAMP, the US Treasury allocates capped incentives to participating servicers for the modification of loans on the verge of foreclosure. Aurora receives a potential cap of $447m under HAMP.
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