A Virginia mortgagor filed a class action RESPA lawsuit against his servicer’s successor-in-interest related to the successor’s failure to timely pay city property tax from funds deposited into the escrow account.
A federal court granted the successor’s motion to dismiss.
However, the Fourth Circuit Court of Appeals recently reversed the lower court’s decision after the Consumer Financial Protection Bureau filed an amicus brief in support of the appellant. Read on for details.
A federal judge recently denied a lender’s motion to dismiss a class action lawsuit alleging a kickback scheme between a bank and a title company resulted in borrowers paying inflated settlement fees.
The plaintiffs claimed the lender made illegal referrals to a title company for title and settlement services, and the title company laundered payments to the bank through third-party marketing companies.
The borrowers argued the alleged kickbacks violated RESPA. Read on for details.
A group of Maryland borrowers filed a class action lawsuit alleging their servicer engaged in an illegal kickback scheme with a title company.
The defendant filed a motion to dismiss, claiming the plaintiffs do not sufficiently allege the servicer was not in RESPA’s safe harbor provisions. The servicer also claimed the RESPA claims are time-barred and the plaintiffs did not prove actual injury.
Read on for highlights of the judge’s ruling.
The servicer argued the case should be dismissed because the requested information was overly broad and unduly burdensome.
Read on to see why a magistrate judge has recommended the case move forward.
The Ninth Circuit Court of Appeals has determined a civil investigative demand (CID) issued by the Consumer Financial Protection Bureau (CFPB) against a California law firm is still valid – despite the fact that the agency was unconstitutionally structured.
The circuit court held CFPB Director Kathy Kraninger’s ratification of the CID remedies any constitutional injury that Seila Law may have suffered.
Read on for details from the Ninth Circuit’s recent ruling.
The Department of Justice (DOJ) has filed a lawsuit alleging an Oklahoma housing authority violated the Fair Housing Act and Title VI of the Civil Rights Act of 1964 when they denied housing to an African-American applicant and her young child because of their race.
The housing authority receives funds from the Department of Housing and Urban Development (HUD).
Read on for details from the DOJ’s suit and reaction from HUD.
The Department of Justice (DOJ) has filed a lawsuit alleging an Alabama housing authority violated the Fair Housing Act by intentionally discriminating based on race or color against applicants for housing.
The housing authority denied African American the opportunity to live in overwhelmingly white housing complexes, while steering white applicants away from properties whose residents were predominantly African American, according to the DOJ’s lawsuit. Read on for details.
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against an Oakland, Calif.-based lender for allegedly violating the Military Lending Act (MLA) while extending credit.
The action is part of a broader bureau sweep of investigations of multiple lenders that may be violating the MLA, which puts in place protections in connection with extensions of consumer credit for active duty servicemembers and their dependents.
Read on for more from the CFPB.
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