We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

3rd Circuit Rejects Challenge To Certification Of Class Based On Lending Scheme

Mealey's (July 30, 2015, 1:19 PM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on July 29 affirmed a district court's decision to certify a class of borrowers who alleged that two banks engaged in predatory lending practices, finding that all of the requirements for class certification were met (In re: Community Bank of Northern Virginia Mortgage Lending Practices Litigation, et al., No. 13-4273, 3rd Cir.; 2015 U.S. App. LEXIS 13186).

(Opinion available. Document #85-150818-018Z.)

Predatory Lending

Numerous plaintiffs filed a class action lawsuit against Community Bank of Northern Virginia (CBNV),...
To view the full article, register now.