Judge: Change To Loan Servicer's Name Does Not Trigger Notice Requirement

Judge: Change To Loan Servicer's Name Does Not Trigger Notice Requirement

MINNEAPOLIS - A federal judge in Minnesota on Feb. 15 dismissed a couple's lawsuit claiming that BAC Home Loans Servicing LP (BAC) violated the Real Estate Settlement Procedures Act (RESPA) by failing to notify them that it had changed its name from Countrywide Home Loans Inc., after finding that the name change did not result in any alterations to the plaintiffs' account or to the address where payments are sent (Peter Yakowicz, et al. v. BAC Home Loans Servicing LP, et al., No. 12-1180, D. Minn.; 2013 U.S. Dist. LEXIS 20586).

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