Plaintiff attorneys previously used this tactic in a handful of class - action law
suits against some lenders.
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.
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 bor
Lenders aren't allowed to initiate criminal action in Texas, but there have been cases of
lenders filing these suits against bor
lenders 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.