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Civil Litigation

Oct. 2, 2017

Countrywide mortgage customers beat back bank’s summary judgment motion

A case alleging that a financial company is vicariously responsible for the fraudulent activities of one of its third-party mortgage brokers will proceed to trial after a motion for summary judgment by the defense was denied in part.

Countrywide mortgage customers beat back bank’s summary judgment motion
BOURKE

LOS ANGELES — A case alleging that a financial company is vicariously responsible for the fraudulent activities of one of its third-party mortgage brokers will proceed to trial after a summary judgment motion by Bank of America was mostly denied.

Los Angeles County Superior Court Judge Marc Marmaro twice chided the attorneys during arguments Friday — the plaintiffs’ counsel for interrupting him and the bank’s lawyer for speaking out...

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