Elderly Woman Must Arbitrate Claims Over Mortgage Loan, Federal Judge Says

Mealey's (March 5, 2020, 11:21 AM EST) -- CLARKSBURG, W.Va. — An elderly woman who is seeking restitution for payments she made on mortgage loans she alleges were predatory in nature must arbitrate her claims against the successor-in-interest to the original mortgage lender, a federal a judge in West Virginia ruled March 4, finding that an arbitrator must determine the conscionability of a delegation clause in a loan agreement signed by the woman’s then-husband in 2004 (Judy Moore v. CitiFinancial Inc., et al., No. 19-CV-138, N.D. W.Va., 2020 U.S. Dist. LEXIS 37196)....