A New York borrower sued his servicer for allegedly improperly charging him for a lender-placed insurance policy, failing to timely refund these charges and inadequately responding to his qualified written requests (QWRs).
The servicer argued RESPA does not apply to a defaulted loan, the company adequately responded to the borrower’s QWRs and the plaintiff did not sufficiently allege damages.
Read on for highlights of the judge’s recent ruling.
TO READ THE FULL STORY
Cover Story: