Month: April 2014
Gretsch v. Vantium Capital in Minnesota Lawyer
Financial services litigator Michael Steinlage is quoted in Minnesota Lawyer’s coverage of the Minnesota Supreme Court’s Gretsch v. Vantium Capital decision involving HAMP and borrowers’ private right of action. Minnesota Lawyer subscribers can view the article here. A PDF version appears here.
Gretsch v. Vantium Capital: Minnesota Supreme Court Opens Door to Private Right of Action to Enforce HAMP
Gretsch v. Vantium Capital, Inc., A12-2270 (Minn. April 2, 2014) This week, the Minnesota Supreme Court ruled that an individual borrower has standing under the Minnesota Mortgage Originator and Servicer Licensing Act (Minn. Stat. §§ 58.01-58.19) to sue for injury caused by a servicer’s failure to perform in conformance with its written agreements with third-parties. …
