General Electric Credit Union agrees to pay $85,000.00 to settle mortgage release class action

The attorneys at Markovits, Stock & DeMarco, LLC have filed preliminary court approval of  an $85,000.00 common fund settlement resolving the class action filed against General Electric Credit Union (“GECU”) based on GECU’s filing of untimely mortgage releases in violation of Ohio Revised Code 5310.36. The class action case, captioned Valerie Carr et al. v.…