Takushi v. BAC Home Loans Servicing, LP
Petition granted, judgment vacated and case remanded for further consideration in light of Jesinoski v. Countrywide Home Loans on January 20, 2015
Linked with:
Issue: Whether, pursuant to Section 1635(f) of Title 15 of the U.S. Code, a borrower seeking to rescind a mortgage loan based upon Truth in Lending Act violations must bring suit within three years of loan consummation; and (2) if so, whether such a restrictive interpretation of Section 1635(f) of Title 15 should be limited to prospective application only as a new rule, since most borrowers and their attorneys otherwise relied to their detriment upon a contrary interpretation of the relevant language contained in this Court's 1998 decision in Beach v. Ocwen Federal Bank.
| Date | Proceedings and Orders |
|---|---|
| 01/14/2014 | Petition for a writ of certiorari filed. (Response due February 24, 2014) |
| 01/27/2014 | Order extending time to file response to petition to and including March 14, 2014. |
| 03/14/2014 | Response to petition from respondent BAC Home Loans Servicing, LP filed. VIDED. |
| 04/02/2014 | DISTRIBUTED for Conference of April 18, 2014. |
| 04/07/2014 | Reply of petitioner Rocky Fujio Takushi, Individually and as Trustee of The Albert G. Takushi Revocable Living Trust Dated April 11, 2007 filed. (Distributed) |
| 04/21/2014 | DISTRIBUTED for Conference of April 25, 2014. |
| 01/13/2015 | DISTRIBUTED for Conference of January 16, 2015. |
| 01/20/2015 | Petition GRANTED. Judgment VACATED and case REMANDED for further consideration in light of Jesinoski v. Countrywide Home Loans, 574 U. S. ___ (2015). |
| 02/23/2015 | JUDGMENT ISSUED. |