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National Guardsman Sues Mortgage Servicer for Alleged Interest Overcharges on Repaid Loan - Weiner Brodsky Kider PC

Summary by Weiner Brodsky Kider PC
In a recently filed complaint in the U.S. District Court for the District of Connecticut, an active-duty national guardsman alleged that a Connecticut-based mortgage banker, which serviced his mortgage loan, charged him an interest rate of 6.125% in violation of the 6% limit set by the Servicemembers Civil Relief Act (SCRA). According to the complaint, the guardsman received orders to report for active-duty military service in January 2024 but d…
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Weiner Brodsky Kider PC broke the news in on Thursday, May 22, 2025.
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