Judge Finds Lending Law Claim Untimely, Remands Remaining State Law Claims

Judge Finds Lending Law Claim Untimely, Remands Remaining State Law Claims

SAN FRANCISCO - A federal judge in California on Dec. 16 dismissed as untimely a couple's claim under the Truth in Lending Act (TILA) claiming that a defendant bank failed to inform them that it had been assigned the deed of trust (DOT) to their mortgage loan, after finding that the equitable tolling doctrine was inapplicable because the transfer was properly recorded with the local recorder of deeds (Jeffrey Sokol, et al. v. JPMorgan Chase Bank, N.A., et al., No. C-13-2153 EMC, N.D. Calif.; 2013 U.S. Dist. LEXIS 176370).

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