Case Stayed After Borrowers, Servicer Reach Settlement In RESPA Violation Suit

(January 9, 2024, 10:32 AM EST) -- MIAMI — A federal judge in Florida, acting sua sponte, stayed a suit filed by borrowers alleging that a mortgage servicer violated the Real Estate Settlement Procedures Act (RESPA) when filing a foreclosure suit against them and ordered the suit to be administratively closed after the parties notified the court that they had reached a settlement....