Foreclosure Mill Phelan Hallinan Again Dodges Foreclosure Fee Class Suit

LAW 360-

A Pennsylvania appeals court has upheld the dismissal of a proposed class action against Phelan Hallinan & Schmieg LLP over foreclosure-related legal fees, agreeing Friday that expanded statutory protections against excessive charges were enacted too late for the couple filing the suit. The Superior Court agreed in a published decision that amendments to the state’s Loan Interest and Protection Law which raised the ceiling on the size of mortgage loans qualifying for protection under the statute from $50,000 to nearly $220,000 did not apply to loans made before the changes went...

[LAW 360]