Legal Question in Real Estate Law in California

Our Mortgage Loan Servicer is claiming LENDER standing based on their New Agreement to Modify Loan documents. When requested to provide material evidence to support standing they reaffirm standing as SErVicer. IS this considered a "misleading representation" - and what Federal or Statute violation is involved? Can this be a cause of action against them? (California residence). Thank you

Asked on 7/20/13, 10:26 pm

1 Answer from Attorneys

Anthony Roach Law Office of Anthony A. Roach

The loan servicer is an agent of the lender. It would only be misleading if they were not the actual agent of the lender, and the lender was using someone else as a loan servicer.

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Answered on 7/21/13, 3:48 pm

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