Welcome to the Settlement website for the class action lawsuit, known as Lisa Silveira v. M&T Bank, pending in the U.S. District Court, Central District of California.

Clarification regarding deadline for Class Counsel to file request for attorneys' fees and expenses: Class Counsel will file a request for attorneys’ fees (in an amount not to exceed twenty-five percent of the Settlement Fund), plus litigation costs and expenses, by July 21, 2021, in advance of the deadline to object to or exclude yourself from the Settlement. That request and all supporting documents will be available for your review on this website.

A $3,325,000.00 Settlement has been reached in a class action lawsuit alleging that M&T Bank (“M&T”) charged borrowers Pay-to-Pay Fees to make mortgage payments online or by phone. The Action asserts that M&T’s practice of charging such fees, among other things, violated the Fair Debt Collection Practices Act and the Rosenthal Fair Debt Practices Act, and breached the terms of the borrowers’ loan agreements.

M&T denies the allegations asserted in the Action.

The Settlement Class has been defined as All borrowers with a residential mortgage loan serviced by M&T from whom M&T collected a Pay-to-Pay Fee from the period of August 9, 2015, through May 6, 2021. Excluded from the Settlement Class is M&T Bank, its parents, subsidiaries, affiliates, officers and directors, all Settlement Class Members who make a timely election to be excluded, and all judges assigned to this litigation and their immediate family members.

If You Paid M&T Bank a Fee to Make a Residential Loan Payment by Telephone or Over the Internet During the Period of August 9, 2015, Through May 6, 2021, You May Be Eligible For Benefits Under a Class Action Settlement.

If you would like to review the Notice, click here.


Summary of Your Legal Rights and Options in this Settlement
Receive a Payment If you are entitled under the Settlement to a payment, you do not have to do anything to receive it. If the Court approves the Settlement and it becomes final and effective, and you do not exclude yourself from the Settlement Class, you will automatically receive a payment by check.
Exclude Yourself from the Settlement You will receive no benefit from the Settlement. This is the only option that allows you to retain your right to bring any other lawsuit against M&T Bank about the claims in this case. If you want to exclude yourself from the Settlement, you must send a written request for exclusion by U.S. mail postmarked no later than August 3, 2021, following the instructions in FAQ 9.
Object You must write to the Court, Plaintiff’s Counsel, and Defense Counsel about why you do not like the Settlement. You can object to any part of the Settlement, the Settlement as a whole, Class Counsel’s requests for fees and expenses, and/or Class Counsel’s request for a Service Award for the Class Representative. If you object, you will still be a Class Member. You must follow the instructions and send your objection to the different places set forth in FAQ 14 such that it is postmarked no later than August 3, 2021.

This Website explains important rights you may have. These rights and options, and the deadlines to exercise them, are further explained in the Notice you may have received, or you may review the Frequently Asked Questions page of this website for additional information. Your legal rights are affected whether you act or not.