Welcome to the Website for the Arvest Central Mortgage Co Payment Processing Fees Class Action Settlement
UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA
- A class action settlement may affect your rights if you paid Arvest Central Mortgage Co. a fee to make a residential loan payment by telephone, including through the use of the telephonic automated “IVR” (interactive voice response) system, or the internet between January 1, 2017 and December 31, 2020.
The United States District Court for the Northern District of California (the “Court”) authorized this Notice. This Notice is a summary of a proposed Settlement of three class action lawsuits titled Lembeck, et al. v. Arvest Central Mortgage Co., Case No. 4:20-cv-03277 (N.D. Cal.), Lange v. Arvest Central Mortgage Co., Case No. 4:20-cv-293-LPR (E.D. Ark.), and Miller v. Arvest Central Mortgage Co., Case No. 20-010342-CA-01 (Fla. Cir. Ct., Miami-Dade Cty.). The three cases have been consolidated for settlement before the U.S. District Court for the Northern District of California. Robert Lange, Valerie Lembeck, and Andrew Miller (“Plaintiffs”) sued Arvest Central Mortgage Co. (“Arvest”), alleging that Arvest charged borrowers fees to make mortgage payments online or over the phone, including through the use of the telephonic automated “IVR” (interactive voice response) system (“Pay-to-Pay Fees”). The Action asserts that Arvest’s practice of charging such fees, among other things, violated the Texas Finance Code §§ 392, et seq., the Rosenthal Fair Debt Practices Act, the Unfair Competition Law, the Florida Consumer Collection Practices Act, and the Florida Deceptive and Unfair Trade Practices Act, and breached the terms of the borrowers’ loan agreements. Arvest denies the allegations asserted in the Actions. The Court has not decided who is right.
Summary of Your Legal Rights and Options in this Settlement |
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Do Nothing And Receive A Payment |
If you are entitled under the Settlement to payment, you do not have to do anything to receive it. If the Court approves the Settlement and it becomes final and effective, and you remain in the Settlement Class (i.e., you do nothing and do not otherwise exclude yourself from the Settlement), you will automatically receive a payment and give up your right to bring your own lawsuit against Arvest about the claims in this case' and remove duplicative. |
Exclude Yourself From The Settlement Deadline: July 6, 2021 |
Instead of doing nothing, you may ask to be excluded from the lawsuit. If you do so, you will receive no benefit from the Settlement, but you retain your right to sue on your own. |
Object Deadline: July 6, 2021 |
You may object to the terms of the Settlement Agreement and have your objections heard at the August 12, 2021 Final Fairness Hearing. |
PLEASE DO NOT TELEPHONE THE COURT OR THE
COURT CLERK’S OFFICE TO INQUIRE ABOUT THIS SETTLEMENT.