Attorney Published Article
Gross v. CitiMortgage: An Expansion of the Duty to Investigate Under the FCRARead Time: 1 min
David W. Thompson, Gregg Stevens, Joseph Apatov, and Sanford P. Shatz co-authored an article on “Gross v. CitiMortgage: An Expansion of the Duty to Investigate Under the FCRA” in the Conference on Consumer Finance Law (CCFL) Consumer Finance Law Quarterly Report, Vol. 75, No. 4. The authors summarize Gross v. CitiMortage, Inc. and review CFPB’s argument for greater furnisher duty to investigate. In Gross, the Ninth Circuit reversed the summary judgment granted to CitiMortage and stated the furnisher had a duty to investigate factual and legal inaccuracy. Does this ruling contradict the Ninth Circuit’s prior decision in Carvalho v. Equifax Information Services, LLC? Read on for a detailed breakdown of Carvalho and the CFPB’s arguments.
Read the full article here.