Borrower’s Arguments In Loan Denial Suit ‘Irrelevant,’ Not New Evidence

Mealey's (March 21, 2023, 4:19 PM EDT) -- BATON ROUGE, La. — A federal judge in Louisiana should deny a borrower’s motion for reconsideration in a lawsuit alleging that a lender violated the Equal Credit Opportunity Act (ECOA) by denying the borrower a mortgage loan based on an allegedly incomplete loan application because the borrower’s arguments in support of reconsideration are “irrelevant” and seek to have the judge reconsider “previously denied arguments,” the lender argues in an opposition brief....