Magistrate Judge:  Borrowers Lack Standing To Bring Claims In HELOC Dispute

Mealey's (June 9, 2021, 10:51 AM EDT) -- OCALA, Fla. — A federal magistrate judge in Florida on June 4 recommended that borrowers’ claims against their mortgage lender stemming from its amendment of the maturity date of their home equity line of credit (HELOC) mortgage be dismissed, ruling that the borrowers lack standing to bring their claim for declaratory relief and have failed to sufficiently state a claim for relief in bringing their claim for quiet title....