A hearing scheduled for December could decide how much Pittsburgh’s PNC Bank must pay to resolve legal woes inherited from a 2007 acquisition (Kessler v. PNC Bank N.A., W.D. Pa., 03-cv-00425, proposed settlement filed 9/12/16).
The case in the U.S. District Court for the Western District of Pennsylvania involves claims by mortgage borrowers Brian and Carla Kessler that Community Bank of Northern Virginia (CBNV) violated the Real Estate Settlement Procedures Act, the Home Ownership and Equity Protection Act, the Truth in Lending Act, and the Racketeer Influenced and Corrupt Organizations Act. PNC indirectly acquired CBNV, which no ...
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