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Federal Judge Declines Jurisdiction Over Suit Stemming From Foreclosures

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SPARTANBURG, S.C. - A putative class action suit alleging unfair trade practices in the marketing and execution of residential mortgages that went into foreclosure has been dismissed by a South Carolina federal judge, who said March 12 that the court did not have jurisdiction over the claims (Janet C. Stalvey, et al. v. American Bank Holdings Inc., et al., No.: 4:12-527-MGL, D. S.C., Florence Div.; 2013 U.S. Dist. LEXIS 33811)....(read more)

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