CHICAGO - A Seventh Circuit U.S. Court of Appeals panel on March 29 affirmed the dismissal of a couple's lawsuit over the refinancing of their home mortgage loan after finding that the lender was not negligent when considering their ability to repay and that the terms of the loan were not unconscionable (Phillip Jackson, et al. v. Bank of America Corporation, et al., No. 12-3338, 7th Cir.; 2013 U.S. App. LEXIS 6298)....(read more)![]()
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