Bank Obtained Note Before TILA Requirement Was Effective, Federal Judge Says
(May 5, 2016, 2:16 PM EDT) -- BALTIMORE — A Maryland federal judge on April 18 granted a bank’s motion for summary judgment on a claim alleged under the Truth in Lending Act because the bank provided evidence that it obtained the plaintiff’s promissory note before a notification requirement under the Truth in Lending Act was effective (Troy Bullock v. Ocwen Loan Servicing LLC, et al., No. 14-3836, D. Md.; 2016 U.S. Dist. LEXIS 52403).
(Opinion available. Document #85-160510-027Z.)
Troy Bullock filed suit in the Prince George’s County Circuit Court against Ocwen Loan...