Chase Home Finance Can't Shake TILA Action

Law360, New York (October 18, 2011, 7:03 PM EDT) -- An Alabama federal judge on Monday denied Chase Home Finance LLC's bid to dismiss or amend a putative truth-in-lending class action accusing it of failing to timely notify customers when their mortgages were assigned to the lender.

U.S. District Judge William H. Steele found that Chase had failed to show at this stage of the case that the plaintiff didn't meet the requisite pleading standards.

The suit's viability currently hinges on whether the plaintiff has proven that he may sufficiently assert a violation of the Truth...
To view the full article, register now.




Case Information

Case Title

Reed et al v. Chase Home Finance, LLC

Case Number



Alabama Southern

Nature of Suit

Consumer Credit


William H. Steele

Date Filed

July 27, 2011

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.