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Mariner Finance vows to fight lawsuit by five states, D.C. over ‘predatory tactics’

August 18, 2022

Mariner Finance faces a lawsuit by five states and Washington, D.C., that alleges the Baltimore-based mortgage lender charges customers for hidden additional products they either didn’t agreed to buy or didn’t know about. The suit, led by Pennsylvania Attorney General Josh Shapiro, claims Mariner added hundreds to thousands of dollars to the total amount consumers owed. The suit says Mariner charged Pennsylvanians $19.5 million for add-ons from 2015 to 2018 and charged another $8 million in interest for these premiums in the same period.

Article Source: Baltimore Business Journal

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