Majority Of Claims In Borrower’s Credit Reporting Suit Dismissed With Prejudice

Mealey's (March 25, 2022, 8:50 AM EDT) -- NEW YORK — A federal judge in New York on March 7 dismissed a majority of borrower claims against JPMorgan Chase Bank stemming from the borrower’s denial of a mortgage loan based on Chase Bank’s alleged failure to correct an inaccurate report on his credit report, ruling that although the borrower’s Fair Credit Reporting Act (FCRA) claim is timely and may proceed, the other claims are preempted by the FCRA or are insufficiently pleaded....