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Mr. Passidomo said magistrates throughout the state have grown increasingly concerned about the volume and breadth of the modification requests.
JPMorgan Chase failed to adhere to the prescribed timeline for reviewing loan modification requests and notifying customers of its decision.
The lenders' loss mitigators, faced with mountains of modification requests, are unlikely to spend time reading more than the first few lines of each letter.
On Aug. 30, Nevada, where the 2008 settlement also applies, sued the bank for violating the agreement by failing to provide loan modifications to eligible borrowers and initiating foreclosures while consumers' modification requests were pending.
Mr. Donovan said problems like robo-signing, a blanket term for the banks' widespread practice of evicting homeowners without proper documentation, and charging steep fees to process loan modification requests had largely ended.
In a review of servicer handling of loan modification requests in Illinois, she found that in 60 percent, servicers failed to comply with the time frame for notifying borrowers of missing documents and in 45 percent they made multiple requests for the same documents.
Similar(41)
His bank, Wells Fargo, denied his mortgage modification request and then his request for a short sale.
"For Virunga national park in the Democratic Republic of the Congo, no boundary modification request has been submitted.
If such use of one citizen's vote could obtain a prompt, substantive reply to every mortgage modification request, certainly use of it would be more efficient.
Another employee said, "When checking on a borrower's status, I often found that the modification request had not been dealt with or was so old that the request had become inactive.
With the responded application running parameters along with the calculated optimal VM numbers (environment capacity), the system initiates service modification request to update the capacity of the application environment.
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