Minnesota Lawsuit Blocking Foreclosures Dismissed
By Kathleen Lordbock, Keller Williams Realty Professionals
(Keller Williams Realty Professionals)
A group of homeowners sought to block foreclosures in Minnesota, but their class action suit has been dismissed by US District Judge Ann Montgomery. The lawsuit claimed that homeowners were not given proper notice when they were rejected on the right to appeal when dealing with the Home Affordable Modification Program. The attorney for the homeowners stated that new regulations have been adopted since the lawsuit was filed in July that address some of the raised concerns but that the process is not as transparent as it should be. What has your experience been working with this program?
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