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- Title
CORVELLO v. WELLS FARGO BANK: LENDING SUPPORT FOR A NEW GENERATION OF HAMP LITIGATION AND MORTGAGE RELIEF.
- Authors
Tuyay, Byron
- Abstract
The article discusses the U.S. Court of Appeals for the Ninth Circuit's ruling in the 2013 case Corvello v. Wells Fargo Bank NA which deals with litigant Phillip Corvello and others who sought permanent loan modifications through the U.S. Home Affordable Modification Program (HAMP) which encourages loan servicers to modify home loans to reduce monthly mortgage payments for distressed borrowers who face imminent foreclosure in America. Trial payment periods (TPPs) and mortgage laws are examined.
- Subjects
UNITED States; CORVELLO, Phillip; MORTGAGE modification; MORTGAGE loans; WELLS Fargo Bank NA; PAYMENT; MORTGAGES; STATE statutes (United States); MORTGAGE loan servicing; ACTIONS &; defenses (Law); MORTGAGE loan laws
- Publication
Loyola of Los Angeles Law Review, 2014, Vol 47, Issue 4, p981
- ISSN
0147-9857
- Publication type
Article