In the fight against predatory lending, the courts are a key battleground. CRL monitors cases that could set precedent; submits legal briefs on key legal issues; and works with partners on litigation aimed at strengthening protections against abusive lending.
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- State attorneys general can punish federally chartered banks for violating state laws
Published: Aug 5 2005 Issue: Mortgage Lending
CRL's amicus briefs in support of the New York Attorney General in Cuomo v. The Clearing House Association, L.L.P. CRL, along with a number of consumer groups, argues that the National Bank Act's...
- Predatory lending class action settlements cannot provide unfair terms to the bulk of borrowers
Published: Jul 15 2005 Issue: Mortgage Lending
CRL's amicus brief in support of intervenors/class members in Stackhouse v. McNight. CRL argues the approved settlement to this class action provides inadequate relief and protections to the bulk...
- Each payment on a loan with an excessive origination fee violates North Carolina law
Published: Feb 11 2005 Issue: Mortgage Lending
CRL and other consumer groups filed a brief amici curiae in a Supreme Court case about mandatory arbitration.