Quantcast
Home (page 11)

Tag Archives: Consumer Protection

Loan Guarantee Denial Triggers ECOA Notice (access required)

A mortgage lender’s failure to secure a federal loan guarantee under the U.S. Department of Agriculture’s guaranteed Rural Development program, as allegedly represented to the borrower, was an “adverse action” that required notification under the Equal Credit Opportunity Act, and ...

Read More »

Court Misapplied ‘Local Controversy’ Exception (access required)

In plaintiffs’ class action suit alleging defendant real estate appraisers cooperated in defendant mortgage lender’s scheme to use a suggested appraisal value so loans were “underwater” from their inception, the district court could aggregate the named defendant real estate appraisers ...

Read More »

Harley-Davidson claimed dealer’s part installation voided warranty – $86,879 Verdict (access required)

Plaintiff’s motorcycle was purchased in May 2010 with about 10,000 miles on it, as new. Immediately after purchase, her husband, the primary driver, noticed problems. The electrical issues were the most significant and included gauges that would drop out while ...

Read More »

Auto dealer sold vehicle without disclosing salvage history – $27,200 Verdict (access required)

Plaintiffs are twin brothers who purchased their first car together from defendant’s car dealership in August 2011 for $5,600. Defendant had purchased the vehicle in April 2011 from an auto auction for $1,600. Two weeks later, the defendant obtained a ...

Read More »