November 27, 2019
A group of mortgage borrowers asked an Illinois federal judge to approve settlements worth a combined $2.7 million with two of three banks they say are liable for illegal robocalls made to collect mortgage payments on their behalf, in violation of the Telephone Consumer Protection Act.
July 15, 2019
An Illinois federal judge has freed three banks from direct liability claims over their loan servicer's illegal mortgage loan collection robocalls, but said the banks can't use an earlier settlement between borrowers and the loan servicer in the Telephone Consumer Protection Act case to avoid vicarious liability claims.
May 22, 2019
An Illinois federal judge denied three banks' attempt to minimize their financial exposure in a case in which a group of call recipients allege that the banks violated federal communications law in allowing their loan servicer to use robocalls in their collection efforts on mortgage loans.
October 01, 2018
An Illinois federal judge has declined to grant final approval to a $17.5 million settlement in multiple Telephone Consumer Protection Act suits against Ocwen Loan Servicing, saying the nearly $5.3 million sought by class counsel is too much for their “relative lack of success.”