Advanced Search

Volume 20 - Number 13

June 22, 2009

Lender Sued for Freezing HELOCs, Expert Says Lawsuit is Frivolous

California borrowers sued a major financial institution and its mortgage arm for freezing their HELOC accounts as the financial services industry teetered on the brink of collapse. But a legal expert said the suit, for which class certification is being sought, is just another frivolous attempt to label a defensive action in bad economic times as abusive. The suit filed...

Subscribers to Inside Regulatory Strategies have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.

Subscriber Log In

If you are a current subscriber or already purchased this article, please login below.

Forgot your password?

Already subscribe but haven't registered for all the benefits of the website?

Subscribe

This biweekly keeps mortgage executives on top of the onslaught of new legal and regulatory issues the industry has been seeing.

 

Pay-Per-View

You can purchase this article for only $50.00 without subscribing and always have access to it on insidemortgagefinance.com.

Pay Per View

Recent Webinars:

Mortgage Beat

Industry Reports

Data Reports:

Research Reports:

Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

vote to see results
Housing Pulse

Most Popular Stories

Link To This Page

HTML Code
Select and Copy the Code Below

Page URL
Select and Copy the URL Below