White v. Gregory Funding LLC

A proposed settlement has been reached in a class action lawsuit by Todd White against Gregory Funding, LLC (“Gregory Funding”).  White alleged that Gregory Funding mailed monthly mortgage statements that misrepresented borrower suspense account balances. White alleged that Gregory Funding violated the federal Fair Debt Collection Practices Act and federal Truth in Lending Act. Gregory Funding denies that it violated the law but has agreed to settle the case to avoid the expense and uncertainty of litigation. If the Court approves the settlement, you will be bound by all of the Court’s orders. This means you will not be able to make any claims against Gregory Funding covered by the settlement.

YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT

EXCLUDE YOURSELF FROM THE CLASS: If you do not wish to be a member of the settlement class, you must submit a letter to the Settlement Administrator at the return address on the other side of the notice postmarked by July 23, 2021. If you request to be excluded from the settlement, you will not be bound by the Court’s orders, but you will not receive a payment from the Settlement Fund. 

OBJECT: If you wish to object to the settlement, you must submit your objection in writing to the Settlement Administrator at the return address on the other side of the notice postmarked by July 23, 2021.

SUBMIT A CLAIM: If you are a  NO LONGER SERVICED Class Member, this is the only way to receive payment.

If you are a STILL SERVICED Class Member, you do not need to file a Claim Form. You will receive your payment in the form of a credit that will be posted automatically to your unpaid mortgage balance.