Chase Can't Extend Thrift Preemption's Reach, 9th Circ. Told

Published: 8/10/2019
Chase Can't Extend Thrift Preemption's Reach, 9th Circ. Told
Source: WWW.LAW360.COM

A trio of California home loan borrowers told the Ninth Circuit on Monday that JPMorgan Chase Bank NA can't summon the ghost of the now-defunct Washington Mutual to kill off their proposed class action alleging the bank is ignoring a state law requiring lenders to pay interest on escrow accounts.

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