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MERRITT v. COUNTRYWIDE FINANCIAL CORP.

No. 09-17678.

759 F.3d 1023 (2014)

David MERRITT; Salma Merritt, Plaintiffs-Appellants, v. COUNTRYWIDE FINANCIAL CORPORATION, a Delaware corporation; Countrywide Home Loans, Inc., a New York corporation; Angelo Mozilo, an individual; Michael Colyer, an individual; David Sambol, an individual; Bank of America, NA; Ken Lewis, an individual; John Benson, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Filed July 16, 2014.

Attorney(s) appearing for the Case

Jacob N. Foster (argued), Kasowitz, Benson, Torres & Friedman LLP, San Francisco, CA, for Plaintiffs-Appellants.

James Goldberg (argued) and Stephanie A. Blazewicz , Bryan Cave LLP, San Francisco, CA; Douglas E. Winter and Angela Buenaventura , Bryan Cave LLP, Washington, D.C., for Defendants-Appellees Countrywide Home Loans, Inc., Countrywide Financial Corporation, Bank of America Corporation, Michael Coyler, David Sambol, and Kenneth Lewis.

Charles Elder and Caleb Bartel , Irell & Manella LLP, Los Angeles, CA, for Defendant-Appellee Angelo Mozilo.

Susan H. Handelman , Ropers, Majeski, Kohn & Bently, Redwood City, CA, for Defendant-Appellee John Benson.

Before: ANDREW J. KLEINFELD and MARSHA S. BERZON, Circuit Judges, and WILLIAM E. SMITH, District Judge.

OPINION

BERZON, Circuit Judge:

Once again, we address issues arising from Countrywide Financial Corporation's residential lending business during the period shortly before novel practices by lenders resulted in widespread distress in the housing markets. See, e.g., Balderas v. Countrywide Bank, N.A., 664 F.3d 787 (9th Cir.2011); Cervantes v. Countrywide Home Loans, Inc., 656 F.3d 1034

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