Weiss v. Bank of Am. Corp., No. 15-62, 2016 U.S. dist. LEXIS 161665 (W.D. Pa. Nov. 22, 2016)

A Pennsylvania federal court granted summary judgment dismissing alleged class action claims under the Racketeer Influenced and Corrupt Organizations Act (RICO), 18 U.S.C. §§ 1961-68, in a dispute involving private mortgage insurance and reinsurance. The court found that disclosure forms and lack of affirmative conduct concerning the reinsurance issues made it clear that there were no material issues of fact concerning the untimeliness of the claim. The court also declined to exercise supplemental jurisdiction over state law claims of unjust enrichment.