This website contains information regarding a proposed class action Settlement that has been approved by the Court in a lawsuit entitled Edward J. Fangman, et al. v. Genuine Title, LLC, et al, pending in the United States District Court for the District of Maryland, Case No. 1:14-CV-00081 (the “Lawsuit”).
NATURE OF THE SETTLEMENT
The Plaintiffs in this Lawsuit contend that between January 1, 2009 and December 31, 2014, certain PNC employees received benefits from Genuine Title in exchange for their agreement to refer borrowers to Genuine Title (“the Alleged Referrals”), and that PNC should be held responsible for the alleged improper actions of those employees. PNC disputes the allegations in the Lawsuit and denies that it is or may be liable for any of the claims asserted or for the conduct of those employees who allegedly accepted benefits from Genuine Title. The Court has not made any judgment or other determination of PNC’s liability in the Lawsuit.
THE SETTLEMENT CLASS
The Settlement Class includes all individuals in the United States of which all of the following are true: (1) who were borrowers on a federally related mortgage loan (as defined under the Real Estate Settlement Procedures Act, 12 U.S.C. § 2602) originated with PNC, (2) that was closed through Genuine Title between January 1, 2009 and December 31, 2014, and (3) who used a Specified Loan Officer. The Settlement Class does not include any employees of PNC or its related entities, any members or employees of Plaintiffs’ Counsel, the Judge(s) presiding over the Lawsuit, any members of such Judge’s immediate family or staff, or any persons who submit a complete and valid Request for Exclusion by the Exclusion Deadline .
For more information about the Settlement, please review the Class Notice.