California Federal Judge Says Claims Against Lenders Were Sufficiently Pleaded

Mealey's (June 7, 2016, 1:20 PM EDT) -- SAN FRANCISCO — A California federal judge on May 4 determined that claims for violations of the Truth in Lending Act (TILA), California’s unfair competition law (UCL) and breach of contract were sufficiently pleaded by the plaintiffs in a dispute over the application of a partial mortgage payment that occurred when the mortgage was transferred to another lender (Peter Mazonas, et al. v. Nationstar Mortgage LLC, et al., No. 16-660, N.D. Calif.; 2016 U.S. Dist. LEXIS 59424).

(Opinion available. Document #85-160614-009Z.)

For approximately 10 years, plaintiffs...
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