Borrower’s State Law Claims In Loan Modification Suit Preempted By HAMP Rules

Mealey's (October 21, 2022, 11:54 AM EDT) -- NEWARK, N.J. — A federal judge in New Jersey on Oct. 20 ruled that a lender is entitled to summary judgment in a mortgage loan modification dispute because the borrower’s state law claims are preempted by the Home Affordable Modification Program (HAMP) under conflict preemption....