Property Law Case Summaries
Talaie v. Wells Fargo Bank
December 14, 2015
Property Law & Real Estate, Class Actions, Consumer Protection Law, Debt Collection, Banking Law
(United States Ninth Circuit) - In a
putative class action over the duty of creditors to notify borrowers
when their mortgage loan has been sold or transferred under 15 U.S.C.
section 1641(g), a 2009 amendment to the Truth in Lending Act, the
district court is affirmed where section 1641(g)'s requirement that a
creditor obtaining a mortgage loan notify the borrower does not apply
retroactively.
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