Mealey's Litigation Procedure - Judge Denies Amendment To Mortgage Insurance Reinsurance Scheme Suit

Mealey's Litigation Procedure - Judge Denies Amendment To Mortgage Insurance Reinsurance Scheme Suit

PITTSBURGH - In a mortgage insurance reinsurance scheme case, a Pennsylvania federal judge on June 6 denied leave to a putative class of mortgagors to file a third amended complaint based on their new theory under the Real Estate Settlement Procedures Act (RESPA) because it is time-barred and reliance on any equitable tolling doctrine has been disavowed (Linda Menichino, et al. v. Citibank, N.A., et al., No. 12-00058, W.D. Pa., 2017 U.S. Dist. LEXIS 86380).

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