Borrower’s FRCA Claim Sufficient To Avoid Dismissal At This Point, Judge Rules

Mealey's (April 14, 2021, 12:29 PM EDT) -- RICHMOND, Va. — A federal judge in Virginia on April 12 denied a loan servicer’s motion for judgment on the pleadings in a lawsuit alleging that a loan servicer and three credit reporting agencies (CRAs) violated provisions of the Fair Credit Reporting Act (FCRA) by failing to investigate a borrower’s dispute showing a negative report on his credit report, ruling that although the borrower’s allegations in support of his claims are scant, they are sufficient to survive dismissal at this stage of the litigation....