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Home » Store » Taxable » Recent Decisions Could Help Fend Off Assignee Liability

Recent Decisions Could Help Fend Off Assignee Liability

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Recent court cases in North Carolina could help loan buyers and assignees fend off liability for alleged predatory lending violations, an industry attorney advises. “Because of ‘deep pockets’ (real or perceived) and some high profile successes by the plaintiffs’ bar, investors are increasingly becoming targets of predatory lending lawsuits,” warned Donald Lampe, an attorney at the firm of Womble, Carlyle, Sandridge, and Rice, in an update to clients.…
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