· 8/8/2013
Phillip Corvello v. Wells Fargo Bank N.A.
Citations
- 728 F.3d 878
- 2013 WL 4017279
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- finding that \the bank was contractually obligated under the terms of the TPP to offer a permanent modification to borrowers who complied with the TPP by submitting accurate documentation and making trial payments\
- holding that mortgagor stated a claim based on failure to offer a permanent loan modification where servicer agreed to offer a permanent modification in the temporary payment plan if the borrower complied with the terms of the agreement through the trial period
- finding part performance exception to statute of frauds under California law applicable to HAMP TPP because borrowers fully performed under TPP
- rejecting defendant’s argument that conditional language in TPP document could “convert a purported agreement setting forth clear obligations into a decision left to the unfettered discretion of the loan servicer”
- allowing contract claims to 2 proceed over Wells Fargo’s noncompliance with HAMP trial period plan 3 requirements
- \The TPP requires borrowers ... to make trial payments of the modified amount to the servicer.\
Source: CourtListener parenthetical corpus (CC0).
Judges: Schroeder, Noonan, Murguia
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.