Judge Grants Final Approval Of $576,000 Settlement In Debt Collection Suit

Mealey's (January 6, 2022, 1:40 PM EST) -- BOSTON — A federal judge in Massachusetts on Jan. 5 granted final approval of a $576,000 settlement in a borrower class action against a mortgage servicer over the loan servicer’s allegedly excessive attempts to collect debts on residential mortgage and home equity loans from borrowers in violation of state law, ruling that the settlement is fair, reasonable and adequate....

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