PNC Alleged To Have Inflated Mortgage Loan Principals During COVID-19 Pandemic

(October 7, 2021, 12:16 PM EDT) -- BALTIMORE — Borrowers who have mortgage loans with PNC Bank NA and entered into COVID-19 deferral agreements with the lender filed a nationwide class action against PNC in Maryland federal court Oct. 5, alleging that the lender breached the terms of the deferral agreements by double-charging borrowers when it added the total past-due amounts to the outstanding principal on their loans....

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