Bank Did Nothing Wrong In Handling Loan Modification, California Federal Judge Says
(March 15, 2016, 4:35 PM EDT) -- SAN FRANCISCO — A California federal judge on March 7 granted a bank’s motion for summary judgment after determining that there is no plausible claim that the bank did anything wrong in calculating a mortgage-loan modification, noting that the bank was under no duty to account for the plaintiff’s planned retirement (Charlotte Johnson, et al. v. PNC Mortgage, et al., No. 14-2976, N.D. Calif.; 2016 U.S. Dist. LEXIS 28968).
(Opinion available. Document #85-160412-012Z.)
Charlotte and Nelvin Johnson sued PNC Mortgage and U.S. Bank (collectively, PNC) in...