9th Circ. Reverses State Remand In BofA Borrower Action

Law360, Los Angeles (October 23, 2013, 9:20 PM EDT) -- The Ninth Circuit on Wednesday reversed a district court's decision sending to state court a mass action against Bank of America NA and other lenders for allegedly using deceptive mortgage lending practices, ruling it belongs in federal court because the plaintiffs sought a single trial when they filed suit.

Circuit Judge Milan D. Smith, Jr., writing for a unanimous panel, said a ruling remanding the suit misinterpreted the Class Action Fairness Act, which gives federal jurisdiction to civil actions with 100 or more people seeking monetary...
To view the full article, register now.