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Servicer Violated RESPA but Caused no Damages: Eighth Circuit

On April 19, 2018 by Schnader in Finance

By Stephen A. Fogdall The U.S. Court of Appeals for the Eighth Circuit concluded earlier this month in Wirtz v. Specialized Loan Servicing, LLC, that a mortgage loan servicer violated Section 6 of the Real Estate Settlement Procedures Act (RESPA) by failing to obtain a borrower’s complete payment history from […]

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PHH Mortgage Settles Lawsuit with States for $45 Million

On January 9, 2018 by Schnader in Finance

By Emily P. Daly PHH Mortgage Corporation, the ninth largest residential mortgage servicing company in the country, agreed Wednesday to pay over $45 million to settle claims brought against it by the Attorneys General of 49 states and the District of Columbia. Consent Judgment ¶ 4. The coalition of Attorneys General filed […]

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