9th Circuit Says TILA Claim Must First Be Exhausted Under FIRREA
(August 1, 2016, 12:17 PM EDT) -- SAN FRANCISCO — After finding that a claim for violation of the Truth in Lending Act (TILA) must first be exhausted under the Financial Institutions, Reform, Recovery and Enforcement Act (FIRREA), a California federal judge on July 25 affirmed a district court's decision refusing a request by borrowers to amend their complaint to add a claim for violation of TILA (Michael Grady, et al. v. Jonathan Levin, et al., No. 14-16457, 9th Cir.; 2016 U.S. App. LEXIS 13518).