Courts Lawsuit to block foreclosures in Minn. dismissed
November 10, 2009
By: The Associated Press
federal judge has dismissed a class action lawsuit filed by a group of homeowners who sought to block foreclosures in Minnesota.
The lawsuit claimed the federal Home Affordable Modification Program, which helps struggling homeowners refinance their mortgages, failed to give people proper notice when they were rejected or the right to appeal.
U.S. District Judge Ann Montgomery dismissed the case Monday, saying Congress did not make loan modifications an entitlement or establish due process requirements.
Mark Ireland, an attorney for the homeowners, says the they’re disappointed. But he says the government has adopted regulations since they filed the lawsuit in July that address some of the concerns they raised.
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