9th Circuit:  Loan Servicer’s Access Of Credit Reports Did Not Violate Statute

Mealey's (October 23, 2020, 9:23 AM EDT) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on Oct. 20 affirmed a federal judge in Nevada’s ruling that Ocwen Loan Servicing LLC did not violate the Fair Credit Reporting Act (FCRA) when accessing credit reports of borrowers whose mortgage loans were discharged in bankruptcy proceedings, finding that the loan servicer obtained the information to determine whether the borrowers were eligible for loss mitigation....