Borrowers Voluntarily Dismiss UCL Claim Against Mortgage Servicer, Beneficiary

Mealey's (November 10, 2023, 10:20 AM EST) -- SAN FRANCISCO — Two borrowers who were facing foreclosure due to a severely delinquent loan filed notice in California federal court of voluntary dismissal of their claim against a mortgage loan servicer and beneficiary for violation of California’s unfair competition law (UCL) after a judge dismissed their other federal and California law claims on statute of limitations grounds and for failure to state a claim....