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Judge Finds Disclosures Did Not Violate Truth In Lending Act

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BOSTON - A federal judge in Massachusetts on March 20 awarded summary judgment to PNC Mortgage Corp. on a woman's claims that disclosures she received when closing on her mortgage loan were inadequate under the Truth in Lending Act (TILA) and the equivalent state statute but found that she can pursue her unjust enrichment claim because genuine disputes exist as to whether she was fraudulently induced into entering the agreement (Jennifer Broderick v. PNC Mortgage Corporation, No. 11-10047-JLT...(read more)

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