FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
Appellate court rules foreclosure title charges deceptive
|
Court Report
Monday, May 21, 2018
|
|
In a case of first impression in the Colorado courts, the Colorado Court of Appeals addressed whether the Colorado Consumer Protection Act (CCPA) and the Colorado Fair Debt Collection Practices Act (CFDCPA) prohibited foreclosure attorneys and title companies from billing mortgage servicer clients foreclosure commitment charges when those full costs were not actually incurred, despite knowing that these fraudulent costs would be assessed against homeowners in foreclosure. A district court ruled against the law firm and title companies, saying they violated the CCPA and the CFDCPA by engaging in the billing practice described above. Upon review, the appellate court affirmed. Read on to learn why the appellate court rejected the defendants’ argument that the filed rate doctrine restricted their payment practices.
TO READ THE FULL STORY
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories