Central District Confirms Debt Assignee Not Subject to FDCPA
In Pineda v. Saxon Mortgage Services, Inc. (C.D.Cal.2008) 2008 WL 5187813, Judge Selna held that a loan servicer was not subject to the FDCPA: The FDCPA only applies to to a "debt collector", which specifically excludes creditors and mortgage servicers. 15 U.S.C. 1692a(6)(F). Saxon cites persuasive authority to support this argument. In Perry v. Stewart Title, Co. 756 F.2d 1197… Read More