Putative Class Sues Mortgage Servicer For ‘Release Cost’ Fee For Payoff Statements

(June 7, 2024, 2:32 PM EDT) -- MIAMI — The $22.50 “release cost” charge a mortgage servicer includes on its uniform payoff statements violates the Fair Debt Collection Act (FDCA) and Florida law, two borrowers allege in a putative class action filed in a federal court in that state....

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