Reconsideration Denied In Mortgage Borrowers’ Damaged Credit Rating Lawsuit

(September 4, 2024, 1:20 PM EDT) -- SANTA ANA, Calif. — In a lawsuit by mortgage borrowers alleging violations by their lender of the California Consumer Credit Reporting Agencies Act (CCRAA), the Fair Credit Reporting Act (FCRA) and the Rosenthal Act that led to their credit score being damaged, a California federal judge on Sept. 3 denied the borrowers’ motion for consideration of his summary judgment grant that ruled that the lender was entitled to report the borrowers’ loan as past due after they entered into a repayment plan....