Sign Above Capital One Branch

Capital One Reason for Cancellation of Credit Card ECOA Class Action

Under the Equal Credit Opportunity Act (ECOA), companies that provide credit are supposed to give customers written notices containing the reasons they’ve taken adverse actions against the customers in a credit transaction. The complaint for this transaction alleges that Capital One Bank (USA), NA did not do this when it closed a customer’s credit card  Read more

ECOA Violations, Denial of Loan or Credit, Credit Cards
Nationstar Logo

Nationstar Seizing of Multiple Mortgage Payments Florida Class Action

If you permit your mortgage servicer to withdraw the payment on your mortgage from your bank account each month, is the servicer permitted to withdraw three such payments at once, without notice to you, if you’re in default? The complaint for this class action alleges that Nationstar Mortgage, LLC has been making excessive withdrawals from  Read more

Unlawful Debt Collection, Servicing Your Mortgage, Mortgage-Related Unfair Practices, FDCPA, EFTA
A Guild Mortgage Office

Guild Mortgage Fails to Tell Borrower of Right to Cancel PMI Class Action

Home buyers who make a down payment of less than twenty percent may be required to pay for Private Mortgage Insurance (PMI) for a period of time. The complaint for this class action alleges that Guild Mortgage Company, LLC does not tell mortgage borrowers when PMI is no longer required or give them other information,  Read more

Private Mortgage Insurance, Mortgage-Related Unfair Practices
Klarna - Hand with Elaborate Ring

Klarna “Buy Now, Pay Later” Plan and NSF Fees Class Action

Klarna, Inc. offers a “buy now, pay later” service to consumers who would like to spread out their payments for a purchase over time. The complaint for this class action alleges that the company makes misrepresentations and omissions in suggesting that the service is free, when in reality, users are all too likely to incur  Read more

Unfair Services, Overdraft Fees, Omitting or Withholding Information, Loan-Related Unfair Practices, Insufficient or Non-Sufficient Funds Fees, Buy Now Pay Later Service
Bank of America Sign on Building

Bank of America Unnecessary Property Inspections Class Action

On its first page, the complaint alleges that Bank of America, NA (BOA) “services home loans according to uniform practices designed to maximize fees assessed on borrowers’ accounts when they are behind on their payments.” The practices at issue? Charging customers for multiple unwarranted “property inspections” and for unneeded force-placed insurance.  Read more

Servicing Your Mortgage, Mortgage-Related Unfair Practices, Inspection Fees, Forced Placed Insurance
Coins, Papers, and Small House on Desk

Freedom Mortgage Rejects Requests for Recordings RESPA Class Action

It’s a problem for a borrower if their mortgage servicer doesn’t respond to questions about their mortgage account. That’s why the Real Estate Settlement Procedures Act (RESPA) requires that they do so. But the complaint for this class action alleges that Freedom Mortgage Corporation does not comply with the law, because they do not provide  Read more

Servicing Your Mortgage, RESPA, Mortgage-Related Unfair Practices
Stair-Step Piles of Coins Marked "Loan" up to House

Rushmore Loan Management Excessive Pay-to-Pay Fees Class Action

Rushmore Loan Management Services, LLC services home mortgages. But the complaint for this class action alleges that it violates California’s Rosenthal Fair Debt Collection Practices Act (RFDCPA) and the terms of mortgages by charging processing fees when customers make their monthly payments by telephone. These pay-to-pay fees amount to $5 when homeowners use the automated  Read more

Unlawful Debt Collection, Processing or Pay-to-Pay Fees, Mortgage-Related Unfair Practices
Planet Home Lending Logo

Planet Home Lending Unnecessary Home Inspections Class Action

When are mortgage lenders required or permitted to make a visual inspection of the property if the mortgage is in default? If the mortgage is insured by the Federal Housing Administration (FHA), the Department of Housing and Urban Development (HUD) has a regulation that governs that situation. The complaint for this class action alleges that  Read more

Mortgage-Related Unfair Practices, Inspection Fees
Bill Stamped "Past Due" in Red

Structured Settlement “Overshadowing” of G-Notice Nevada Class Action

The Fair Debt Collection Practices Act (FDCPA) was designed to prevent abuse by third-party debt collectors trying to collect debts allegedly owed by consumers for debts incurred for personal, family, or household purposes. The complaint for this class action alleges that Structured Settlement and/or Nationwide Capital Services, LLC do not meet the requirements of the  Read more

Unlawful Debt Collection, Misleading or Confusing Debt Collection Letter, FDCPA
JPMorgan Chase Sign in Front of Tall Building

JPMorgan Chase Misleading Credit Card Fee Statement TILA Class Action

The Truth in Lending Act (TILA) aims to offer consumers proper disclosure of the terms of credit. The complaint for this class action alleges that JPMorgan Chase Bank, NA made disclosures “with inaccuracies or omissions” about its annual account or membership fees for its credit card accounts, thus violating the requirements of TILA.  Read more

Your Bank, TILA, Debit or Credit Card Fees, Credit Cards