National Ass'n for the Advancement of Colored People (NAACP) v. Ameriquest Mortgage Co.

ORDER DENYING DEFENDANTS’ MOTION TO DISMISS PLAINTIFF’S SECOND AMENDED COMPLAINT

Before the Court is the Joint Motion to Dismiss Plaintiffs Second Amended Complaint (“Motion”) filed by defendants Accredited Home Lenders, Inc., Ameriquest Mortgage Co., Bear Stearns Residential Mortgage Corp. d/b/a Encore Credit, Chase Bank USA, CitiMortgage, First Franklin Financial Corp., First Tennessee Bank d/b/a First Horizon National Corp., Fremont Investment & Loan, GMAC Mortgage Group, LLC, GMAC ResCap, HSBC Finance Corp., J.P. Morgan Chase & Co., Long Beach Mortgage Co., National City Corp., Option One Mortgage Corp., SunTrust Mortgage, Washington Mutual, Inc., and WMC Mortgage, LLC (“Defendants”). After considering all arguments presented by the parties, the Court DENIES the Motion.

BACKGROUND

The following facts are taken from the Second Amended Complaint (“SAC”) filed by plaintiff NAACP (“Plaintiff’), and for the purposes of this Motion the Court assumes them to be true. Plaintiff is the nation’s oldest civil rights organization. (SAC ¶ 12.) Its goals involve combating racial discrimination, including discrimination in housing. (SAC ¶ 12.) The Defendants are lenders who provide…