9th Cir.; 14-35898 The court of appeals affirmed in part and vacated in part a judgment and remanded. The court held that the Home Owners’ Loan…
September 14, 2017 at 06:11 PM
1 minute read
9th Cir.;
14-35898
The court of appeals affirmed in part and vacated in part a judgment and remanded. The court held that the Home Owners’ Loan Act (HOLA) did not preempt borrowers’ breach of contract claim based on their mortgage lenders’ alleged breach of their contractual obligation to apply the index to their adjustable rate loans that the borrowers’ notes indicated would be applied.
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