Borrowers can file class actions to void illegal loans (petition)
Published: March 30, 2009
Issue: Mortgage Lending
Petition, filed March 30, 2009
Download the full brief (PDF)
CRL's brief on behalf of the petitioners seeking certiorari from the United States Supreme Court in Andrews v. Chevy Chase Bank. CRL represents a Wisconsin couple, who was one of thousands of borrowers who received identical disclosure statements for Chevy Chase Bank payment option adjustment rate mortgages that violated the Truth in Lending Act. CRL asks the Supreme Court to review the decision of the U.S. Court of Appeals for the 7th Circuit that lawsuit seeking to rescind their loan based on Truth in Lending Act violations cannot proceed as class actions.