Michael Bentley

Michael Bentley

Bradley Arant Boult Cummings LLP

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U.S. Fifth Circuit Rejects “Vicarious Liability” Theory under RESPA

The Real Estate Settlement Procedures Act (RESPA), 12 U.S.C. § 2605, regulates loan servicers and makes servicers liable for violations of and consumer-protection regulations promulgated under the act. In many cases,...more

1/8/2019  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Mortgage Servicers , Mortgages , RESPA , Split of Authority , Vicarious Liability
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