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Home » Store » News » Experts Troubled by Growing Use of State UDAP Laws in Lending Cases

Experts Troubled by Growing Use of State UDAP Laws in Lending Cases

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Legal experts expressed concern over the increased use of state unfair-and-deceptive-practices statutes in mortgage-related cases in the wake of recent state lawsuits against Countrywide. Robert Jaworski, a compliance expert and a partner at the New Jersey office of Reed Smith, said there is a trend among state attorneys general to use the broader statute to go after lenders under the...
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