Misreporting Not Reporting Agency’s Fault
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Misreporting Not Reporting Agency’s Fault

Consumers brought a putative class action against consumer reporting agency Experian for allegedly violating the Fair Credit Reporting Act (FCRA) in reporting short sales on real property that each consumer owned using code numbers that misreported the data as foreclosures. Affirming summary judgment for Experian, the Ninth Circuit Court of Appeals held the agency's reporting of consumers' short sales of real property was neither incorrect nor misleading, as any mishandling of the code data was done by Fannie Mae. The fault was not Experian’s since it provided consumers with all of the information in their files at the time of their requests, including information on their short sales, in a form that was both clear and accurate.

Shaw v Experian Information Solutions Inc