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A statewide class-action lawsuit has been brought against Countrywide Home Loans Inc., one of the nation's largest providers of residential mortgages, for allegedly violating the New Jersey Consumer Fraud Act.
The lawsuit, filed in Middlesex County Superior Court here, claims individual consumers in New Jersey were illegally charged a $60 statement fee when requesting a written payoff calculation required for closing. The fee is allegedly a violation of the act, according to the class action.
The New Jersey act, one of the most protective consumer laws in the nation, prohibits businesses from engaging in unconscionable commercial practices, deception and fraud aimed at consumers.
The case...