Merrill Lynch Ducks Mortgage Fee Class Action In 9th Circ.
By Sindhu Sundar ( May 1, 2013, 10:15 PM EDT) -- Merrill Lynch & Co. Inc. on Wednesday shook off a proposed class action by a home buyer accusing its unit First Franklin Financial Corp. of unlawful residential mortgage lending practices when the Ninth Circuit ruled federal laws over a bank's real estate lending ability preempt state laws that impede it....
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