An Arizona borrower alleged his servicer did not pay required property taxes in a timely manner, causing late charges to accrue. Despite repeated assurances the borrower would not be responsible for the incurred fees, the servicer paid the overdue fees out of escrow funds.
The plaintiff sued for RESPA to recover for the erroneously charged funds.
The servicer argued RESPA does not permit a private right of action. Read on to see how a judge ruled.
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