Couple’s Consumer Fraud Suit Over Loan Modification Dismissed By Judge

(June 8, 2020, 9:58 AM EDT) -- CHICAGO — A federal judge in Illinois on May 26 dismissed a couple’s lawsuit against Bank of America N.A. and Bank of New York Mellon, holding that the plaintiffs’ claims stemming from denials of their requests for a loan modification were untimely under the Illinois Consumer Fraud Act (ICFA) and because the couple could not establish an agency relationship between Bank of America and two other loan servicers (Timothy R. Tyler, et al. v. Bank of New York Mellon, et al., No. 19 CV 7863, N.D. Ill., 2020 U.S. Dist. LEXIS 91267)....