Sentences with phrase «suit against lender»

Five buyers brought a class - action suit against a lender and affiliated entities for allegedly overcharging and marking up fees assessed for loan services such as document preparation and flood certification.

Plaintiff attorneys previously used this tactic in a handful of class - action law suits against some lenders.

The petition was filed in response to class action suits against lenders around the country on behalf of consumers who allege that yield - spread premiums are improper and a violation of RESPA.

Not exact matches

New Mexico's attorney general cracked down, filing suits against two lenders, charging in court documents that their long - term products were «unconscionable.»

The Neighborhood Economic Development Advocacy Project (NEDAP), which brought the suit against Chase on plaintiffs» behalf, says banks shouldn't be willing to let online payday lenders take money out of customer accounts in states where such loans are illegal.

With stays in place, Oyster Bay can neither press its position in a state civil suit it filed against Mei, Singh and others — or defend itself in three other civil actions filed against the town by lenders.

A borrower aggrieved by any violation of this section shall be entitled to bring a civil suit for damages, including reasonable attorney's fees, against the Lender.

When a borrower is in default the loan becomes due in full immediately and the lender may pursue more aggressive collection techniques, such as sending the account to a collection agency or filing suit against the borrower.

Lenders aren't allowed to initiate criminal action in Texas, but there have been cases of lenders filing these suits against borLenders aren't allowed to initiate criminal action in Texas, but there have been cases of lenders filing these suits against borlenders filing these suits against borrowers.

Class - action suits have been filed against mortgage lenders in Kentucky and California who foreclosed upon homeowners who claim they made mortgage payments after having home loans modified.

The suit against Bank of America accuses it of keeping alive a fraudulent mortgage scheme, known as the «Hustle,» that it inherited in 2008 when it acquired the now defunct Countrywide Financial Corp., once the nation's largest mortgage lender.

She defends lenders, servicers, and other financial institutions in class actions and individual suits against consumer lawsuits alleging violations of state and federal statutes, including the Fair Debt Collection Practices Act, Florida Consumer Collection Practices Act, Telephone Consumer Protection Act, and Fair Credit Reporting Act.

For example, in Reed v. Bank of America, 1995, a buyer whose lender had repeatedly advised him to get a home inspection, even though the practitioners involved did not notice any defects, lost in his suit against the bank because he chose to self - inspect instead of hiring a professional.

In Bloom v. Martin, several borrowers (Borrowers) brought a class action suit against mortgage lenders alleging violations of the Real Estate Settlement Procedures Act of 1974 (RESPA).

It sounds like you have a legitimate action against him, but if you do bring an action against him at this time, then you could spiral a down fall of the company by other lenders or investors following suit and push him into bankruptcy which means nobody gets paid very much.