Judge Finds Borrowers May Be Entitled To Damages Under TILA And RESPA
Mealey's (June 2, 2016, 1:12 PM EDT) -- TROY, Mich. — A Michigan federal judge on May 31 granted a motion for judgment in favor of a bank on certain claims related to an alleged wrongful foreclosure, but allowed claims for violation of the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA) to proceed (Charles J. Beard v. HSBC Mortgage Services, Inc., No. 1:15-CV-1232, W.D. Mich.; 2016 U.S. Dist. LEXIS 70489).
(Opinion available. Document #85-160614-026Z.)
Charles J. and Michelle L. Beard claimed that they have an interest...