Jury Awards $2.6M to Vienna Man in Mortgage Company Lawsuit
A federal jury has ruled in favor of a Vienna man who sued a mortgage company for refusing to investigate issues he raised about his credit report.
The Charleston Gazette-Mail reports jurors awarded $2.6 million in punitive damages to David Daugherty on Monday in Beckley after finding that Ocwen Loan Servicing LLC violated the Fair Credit and Report Act.
Daugherty filed multiple disputes with Ocwen after receiving a credit report showing he was behind on his mortgage payment.
His attorney, Jed Robert Nolan, says Daugherty had requested the report after being turned down for a loan.
Ocwen argued that Daugherty would have been denied the loan anyway because he had other negative accounts.
The company says it did conduct an investigation at Daugherty's request and that it was sufficient.