Class Cert. Bid Nixed In CRS Mortgage Debt Action

Law360, New York (December 6, 2011, 8:52 PM EST) -- A California federal judge ruled Monday that a proposed class action alleging Chase Home Finance LLC and debt collection agency Commercial Recovery Systems Inc. pressured homeowners for mortgage payments after they lost their homes could not be certified because the homeowners lacked commonality.

Jorge Soto was attempting to take the Dallas-based CRS to court for unlawful debt collection practices on behalf of all California homeowners who received calls and letters from the collection agency after their homes were sold in foreclosure. Soto sought to represent homeowners...
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