Claim or defense against assignee of loan
Applied in 1 court decision — leading case Glazer v. Chase Home Fin., L.L.C. (2013)
Most recently applied in Glazer v. Chase Home Fin., L.L.C. (December 2013)
Effective: January 1, 2007; Latest Legislation: Senate Bill 185 - 126th General Assembly
No claim or defense under this chapter may be asserted by the attorney general or any consumer against an assignee or purchaser of a mortgage loan for value unless any one of the following applies:
(A) The violation was committed by the assignee or purchaser.
(B) The assignee or purchaser is affiliated by common control with the seller of the loan at the time of such assignment or purchase.
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.