Borrowers Reach Proposed Settlement With Mortgage Loan Servicer In FCRA Suit

Mealey's (August 16, 2022, 12:28 PM EDT) -- CAMDEN, N.J. — Borrowers in a Fair Credit Reporting Act (FCRA) lawsuit over alleged erroneous accounts reported by credit-reporting agency Equifax Information Services LLC on their credit reports stemming from the borrowers’ filing for Chapter 13 bankruptcy filed a notice of settlement on Aug. 11 in New Jersey federal court, stating that they had agreed to the terms of a proposed settlement with the lone remaining defendant in the action....