Appellant: Mortgage Lender Charged Insurance Premiums That Were Strictly Prohibited

(August 27, 2024, 10:54 AM EDT) -- RICHMOND, Va. — A plaintiff in a putative class action tells the Fourth Circuit U.S. Court of Appeals that the Credit Grantor Closed End Credit Provisions (CLEC) “strictly prohibit” a mortgage lender’s charge of insurance premiums in connection with a loan, seeking reversal of a lower federal court’s ruling that granted the lender’s motion for judgment....

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