M&T Bank Pay-to-Pay Fees Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

M&T Bank will be paying $3.325 million to settle a class action alleging that it unfairly charged borrowers pay-to-pay fees for making mortgage payments online. The complaint alleged that these fees violated the Fair Debt Collection Practices Act, the Rosenthal Fair Debt Collection Practices Act, and the terms of the borrowers’ mortgage loan agreements.

Docket Number:


Company: M&T Bank Corporation

Filing Deadline: January 1, 2100

Class Period: August 9, 2015 to May 6, 2021

Objection Deadline: August 3, 2021

Exclusion Deadline: August 3, 2021

Final Approval Hearing: September 27, 2021

Proof of Purchase:

You do not need to provide proof or take further action. Presumably company records will be used to determine class members.


You may be eligible if you are a borrower for a residential mortgage loan serviced by M&T, and M&T collected a pay-to-pay fee from you during the period of August 9, 2015 and May 6, 2021.

Typical Settlement Amount:

Proportional share of the net settlement fund, on a loan-by-loan (not borrower-by-borrower) basis. For example, if your loan paid 1% of the total pay-to-pay fees collected by M&T during the class period, you (and any co-borrowers) will receive a payment of 1% of the total net settlement fund.

Total Settlement Amount: $3,325,000

Class Representative Proposed Incentive Fee:


Law Firms:
Bailey & Glasser
Tycko Zavareei

Case Name: Lisa Silveira v. M&T Bank

Settlement Website: M&T Bank Pay-to-Pay Fees Settlement Website

Claims Administrator:
Epiq Class Action & Claims Solutions, Inc.

Claims Administrator Contact Information:

Settlement Administrator
c/o Epiq
P.O. Box 3719
Portland OR 97208-3719

Tags: Mortgage-Related Unfair Practices, Processing or Pay-to-Pay Fees