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2010AP2032 Avudria v. McGlone Mortgage Co., Inc. (access required)

POSTED: Tuesday, May 17th, 2011 at 12:57 pm

BY: WISCONSIN LAW JOURNAL STAFF

Consumer Protection Banking A borrower must suffer at least some actual injury or damage to sue under sec. 224.80(2) because a mortgage broker did not use the correct forms prepared by the DFI. “To read the statute as Avudria suggests, as a strict liability statute permitting a private cause of action for a mere technical [...]

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