TITLE

Mich. CU Sues to Fire Servicer

PUB. DATE
January 2010
SOURCE
American Banker;1/14/2010, Vol. 175 Issue 8, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the suit between the First Catholic Federal Credit Union an CUSO Mortgage Inc. The First Catholic Federal Credit Union is suing CUSO Mortgage Inc. to terminate its loan servicing contract. The suit, which was filed on December 23, 2009, states that First Horizon should not have to pay a termination fee because CUSO breached the contract.
ACCESSION #
47600398

 

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