Kickback Cover-Up Claims Cancel Time Bar, 4th Circ. Says

Law360 (April 26, 2019, 10:36 PM EDT) -- A group of mortgage borrowers on Friday won a bid to revive a set of class actions against lenders including Bank of America after the Fourth Circuit said their claims of an alleged kickback scheme weren't time-barred because the plaintiffs say the companies had covered up the purported plot.

The lenders — including Bank of America, First Mariner Bancorp and Essa Bank & Trust, among others — argued that the borrowers had missed a one-year deadline to file their suits under the Real Estate Settlement Procedures Act.

But in a unanimous, published opinion on Friday, the three-judge appeals panel said the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!