State Consumer Protection Claim Against Mortgage Subservicer Survives Dismissal

(April 8, 2024, 9:20 AM EDT) -- NORFOLK, Va. — A couple may proceed with a fraud-based claim under the West Virginia Consumer Credit and Protection Act (WVCCPA) in a putative class complaint accusing a mortgage subservicer of overcharging interest by incorrectly applying prepayments as that state law provides “‘an avenue of relief’” based on violations of Federal National Mortgage Association (Fannie Mae) servicing guidelines, a federal judge in Virginia ruled partially denying the subservicer’s motion to dismiss....