A law firm representing a residential mortgage lender in connection with foreclosure proceedings can be liable to a borrower for excessive attorney fees charged in violation of the Pennsylvania Loan Interest and Protection Law, the Pennsylvania Supreme Court has ruled.
In a 3-1 decision filed Monday in the joint cases Glover v. Udren Law Offices and Johnson v. Phelan Hallinan & Schmieg, the court overturned a Superior Court ruling that held lawyers could not violate the law, referred to as Act 6, because the act specifically uses the term “residential mortgage lender.”
