Judge Holds Lender Did Not Violate TILA, Sent Timely Payoff Balance

Mealey's (April 23, 2019, 1:47 PM EDT) -- DAYTON, Ohio — After finding that a lender did not fail to provide borrowers with an accurate payoff balance within seven days of receiving their written request, an Ohio federal judge on April 22 granted summary judgment for the lender on a claim for violation of the Truth in Lending Act (TILA) and denied summary judgment for the borrowers as to liability (Robert J. Larkins, et al. v. Fifth Third Mortgage Company, No. 3:17-cv-169, S.D. Ohio, 2019 U.S. Dist. LEXIS 67571)....