BAD FAITH STATUTE DOES NOT APPLY TO MORTGAGE LENDER

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A homeowner filed counterclaims against his lender in a foreclosure action. The counterclaims included an insurance bad faith claim. The Superior Court affirmed the trial court’s ruling that the bad faith statute only addresses the actions of insurance companies, and this was not such a case.

Date of Decision:  August 7, 2020

Wells Fargo Bank, v. Pilchesky, Superior Court of Pennsylvania No. 1199 MDA 2019, 2020 WL 4558801 (Pa. Super. Ct. Aug. 7, 2020) (McLaughlin, Panella, Stevens, JJ.)

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