Quantcast
Home / Opinion Digests / No Diversity for Origination Fee Dispute (access required)

No Diversity for Origination Fee Dispute (access required)

The Richmond U.S. District Court sua sponte remands a borrower’s complaint seeking damages for excessive origination fees after the parties failed to show that the amount in controversy could plausibly exceed $75,000, as required by Twombly and Iqbal. In 2005 borrower, a Virginia resident, obtained a $108,000 refinance loan from affiliated Delaware corporations. ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 

Scroll To Top