Marcus Zelman Achieves Six-Figure Settlement in Mortgage Officer’s FDCPA Class Action

NEWARK, New Jersey, February 22, 2022 /PRNewswire/ — Marcus & Zelman LLC have obtained final approval of a class action settlement in Gaffney v Select Portfolio Servicing, Inc.#3: 18-cv-12233, (DNJ February 14, 2022). Other consumers who may be overcharged on their mortgage debt after foreclosure may be eligible for similar relief. Learn more at MarcusZelman.com.

After the plaintiff’s home was seized by her bank, Select Portfolio Services (her bank’s collection agency) attempted to collect the plaintiff’s remaining mortgage debt, including for an amount of interest greater than that to which she was entitled under New Jersey law, according to plaintiff’s lawsuit. Plaintiff sued Select Portfolio Services for violation of the Fair Debt Collection Practices Act (“FDCPA”) and for violation of its rights as a consumer.

Marcus & Zelman delivered a settlement of over $200,000 for the class of approximately 1,500 affected individuals, which represents a significantly high recovery in this type of FDCPA class action. “This is another great result for one of our customers,” said Ari Marcus, Managing Partner at Marcus Zelman. “Consumer protection is never something to be overlooked, and we are happy to have helped provide someone in such a vulnerable situation with the compensation they deserved.”

If you believe you have been overcharged or taken advantage of on your mortgage by your mortgagor or their mortgage servicer, contact MARCUS & ZELMAN LLC for a free consultation at MarcusZelman.com or by phone at (732) 695-3282.

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