In a recent development within the mortgage industry, U.S. District Court Judge Wendy W. Berger made a significant ruling regarding a supplemental class-action complaint filed by Florida-based Okavage Group. Judge Berger ordered the dismissal of the complaint without prejudice, signaling a shift in the legal proceedings involving the mortgage company.

Key points from the ruling include:
– U.S. District Court Judge Wendy W. Berger ordered the dismissal without prejudice of a supplemental class-action complaint filed by Florida-based Okavage Group
– Directing the termination of all pending motions related to the case
– This decision will likely have far-reaching implications for both the plaintiffs and defendants involved in the class-action lawsuit.

The ruling by Judge Berger underscores the importance of legal clarity within the mortgage industry and highlights the ongoing challenges faced by companies operating in this sector. This development will undoubtedly be closely monitored by industry professionals and stakeholders as they navigate the complex legal landscape surrounding mortgage-related disputes.

You can read this full article at: https://www.housingwire.com/articles/uwm-scores-a-win-in-antitrust-lawsuit-against-okavage-group/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.