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Home / Opinion Digests / Wife Waived ECOA Claim After Default (access required)

Wife Waived ECOA Claim After Default (access required)

Although defendant bank may well have violated the Equal Credit Opportunity Act by requiring plaintiff wife to sign as an unlimited guarantor without first determining that her husband was not creditworthy, wife waived her ECOA claim when she executed loan restructuring agreements that expressly waived “any and all” claims against the bank in exchange for ...