No News to Report on Preemption

Posted by & filed under Downstream litigation, West Virginia.

The Fourth Circuit recently reversed a dismissal of a fraud claim in McCauley v. Home Loan Investment  Bank, F.S.B.; Deutsche Bank National Trust Company. The main issue on appeal was whether the Home Owners’ Loan Act preempted the homeowner’s state law  claims arising from a mortgage originated by a federal savings association. While the court… Read more »