| PNC Bank Is
Sued In NY For Usury As Applies For BBVA
Under CRA Now 2d Bid for Delay
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
April 8 – PNC Bank and its
Midland Loan Services have
been sued for usury, predatory
lending and civil conspiracy,
under New York and Federal
law.
The
complaint docketed on December
29 in the U.S. District Court
for the Southern District of
New York, which Inner City
Press covers, describes PNC's
lending on a number of homes
and allegedly racking up $250
charges.
It questions the
reporting on line 205 of the
HUD statement. When the
plaintiff questioned it, he
was called an
"assh*ole."
The case is
filed while PNC seeks to buy
the US retail banking business
of BBVA for $16 billion, an
application to the Federal
Reserve Board and other
regulators which is subject to
the Community Reinvestment
Act.
On December
30 the case was assigned to
SDNY District Judge P. Kevin
Castel, who has ordered:
"ORDER INITIAL PRETRIAL
CONFERENCE: COUNSEL FOR
PLAINTIFF (OR THE REMOVING
DEFENDANT) SHALL IMMEDIATELY
SEND A COPY OF THIS ORDER TO
ALL PARTIES. Counsel for all
parties shall appear for an
Initial Pretrial Conference,
held pursuant to Rule 16 of
the Federal Rules of Civil
Procedure, March 1, 2021 at
12:00 p.m. Principal trial
counsel shall appear at this
and all subsequent
conferences. SO ORDERED.
Initial Conference set for
3/1/2021 at 12:00 PM before
Judge P. Kevin Castel. (Signed
by Judge P. Kevin Castel on
12/30/2020)."
But after
a conference was set for March
1, PNC's lawyers wrote in to
get it pushed back to April
22. Now on April 8, PNC's
lawyers have written in again,
asking for more delay to two
weeks after any answer or
motion to dismiss.
The case is
Barli v. PNC Bank, NA et al.,
20-cv-11027 (Castel)
***
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