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Judge Finds All Claims Related To Mortgage Are Barred By Limitations Periods

Mealey's (November 7, 2016, 9:40 AM EST) -- TACOMA, Wash. — Since borrowers did not file a lawsuit for 10 years after their mortgage was entered into, a Washington federal judge on Nov. 3 found that their claims for rescission under the Truth in Lending Act (TILA) and all of their other causes of action were barred by applicable statutes of limitations (Ernst Meinhart, et al. v. CMG Mortgage Inc., et al., No. 16-5665, W.D. Wash.; 2016 U.S. Dist. LEXIS 152835).

(Opinion available.  Document #85-161108-028Z.)

Rescission

Ernst and Christine Meinhart sued CMG Mortgage and...
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