A borrower has filed a class action against Bank West of Walker, Mich., alleging the thrift's mortgage document preparation fees are illegal.

The lawsuit, filed this month in Kent County (Mich.) Circuit Court, alleges that Bank West practiced law without a license when its Grand Rapids, Mich., office charged Kristine Cowles $250 to prepare final loan documents, such as a promissory note and a mortgage.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.