Borrowers Sue Mortgage Loan Servicer Over Failure To Credit Mortgage Payment

(May 19, 2021, 1:20 PM EDT) -- CAMDEN, N.J. — Borrowers sued the owner and servicer of their mortgage loan in New Jersey federal court on May 18, alleging that the defendants violated provisions of the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA) and common law by failing to credit the borrowers for payment on their mortgage loan and erroneously threatening the borrowers with foreclosure on their property as a result....

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