Judge Refuses To Dismiss Fraud Claim Related To Loan Servicer’s Conduct

Mealey's (May 29, 2018, 12:48 PM EDT) -- TRENTON, N.J. — After finding that a borrower alleged facts to show that a loan servicer possibly delayed the loan modification process and that its conduct lacked good faith, a New Jersey federal judge on May 23 denied the servicer’s request to dismiss a cause of action for violation of the New Jersey Consumer Fraud Act (NJCFA) (Denise D’Alessandro v. Ocwen Loan Servicing LLC, No. 18-cv-01290, D. N.J., 2018 U.S. Dist. LEXIS 86482)....