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Borrower Does Not Need to Reaffirm Loan to Qualify for Loan
8, 2015):
Nationstar argued that McLauglin is not a borrower under HBORsection 2924.12(b), due to the rescission of the deed and McLaughlin court also rejected Nationstars 18argument that McLaughlin was not a borrower if he did not reaffirmhis loan that was discharged in bankruptcy. To accept the argument,the court reasoned, would add an exception to the statutory definitionof borrower where one does not exist. Whats more, there is norequirement to reaffirm for a borrower to seek a loan modification on adischarged loan. Nationstars motion for summary judgment on thebasis that McLaughlin was not a borrower was denied.Certified Specialist, Bankruptcy Law, The State Bar of California Board of Legal SpecializationLaw Office of Catherine Christiansen
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