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Court Certifies Nationwide Class of Mortgage Borrowers in Suit Against Litton Loan Servicing
July 30, 2007
U.S. District Court Judge Margaret M. Morrow granted plaintiffs’ motion for certification of a nationwide class of customers of Litton Loan Servicing who made timely payments yet were assessed late fees within sixty days of the transfer of the servicing of their loans to Litton.
Plaintiffs charge that Litton engages in a scheme in which it fails accurately to service its borrowers' loans and then falsely claims that the borrowers are in default.