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Home / Courts / N.C. Court of Appeals / Real Property – Contract– Loan Modification – Time Is of the Essence – Mortgage Foreclosure (access required)

Real Property – Contract– Loan Modification – Time Is of the Essence – Mortgage Foreclosure (access required)

The plaintiff-borrower cannot prevail on her claim that the defendant-lenders breached a loan modification agreement. Her complaint shows the agreement was not in effect because she failed to make a time-is-of-the-essence payment that was due by Oct. 1, 2012. We affirm the trial court’s grant of defendants’ motion to dismiss. McDonald v. Bank of New York Mellon ...

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