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

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 Have Been 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 were entitled under the Settlement to a payment, you did not have to do anything to receive it. If you did not exclude yourself from the Settlement Class, you automatically received a payment by check.
Excluded Yourself from the Settlement The deadline to exclude yourself from the Settlement has passed. If you wanted to exclude yourself from the Settlement, you had to send a written request for exclusion by U.S. mail postmarked no later than August 3, 2021.
Object The deadline to object to the Settlement has passed. If you wanted to 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, you had to send a written objection to the Court, Plaintiff’s Counsel, and Defense Counsel postmarked no later than August 3, 2021.

This Website explains important rights you may have. These rights and options, and the deadlines to have exercised 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 acted or not.

Current Status

Payments to Class Members went out in January 2022. All Class Members who cashed their Initial Payment received a second Payment representing their share of the remaining Settlement Fund in April 2023.


Important Dates
  • August 3, 2021
    Deadline to Exclude Yourself from the Settlement
  • August 3, 2021
    Deadline to Object to the Settlement
  • September 27, 2021
    Fairness Hearing/Final Approval Hearing