Commerce Home Mortgage LLC v. Federal Home Loan Bank of San Francisco

Good Law
United States District Court, Northern District of CaliforniaMay 24, 20213:21-cv-01678California2,858 words

Opinion

Trial Court Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 COMMERCE HOME MORTGAGE LLC, Case No. 21-cv-01678-MMC

Plaintiff, ORDER GRANTING PLAINTIFF'S v. MOTION TO REMAND

FEDERAL HOME LOAN BANK OF SAN

FRANCISCO,

11 Defendant.

12 Before the Court is plaintiff Commerce Home Mortgage, LLC's ("Commerce") Motion to Remand, filed March 26, 2021. Defendant Federal Home Loan Bank of San Francisco ("FHLB-SF") has filed opposition, to which Commerce has replied. Additionally, the Federal Housing Finance Agency ("FHFA"), with leave of court, has filed an amicus brief, to which Commerce has replied. Having read and considered the parties' respective written submissions, the Court hereby rules as follows.1 BACKGROUND The following factual allegations are taken from Commerce's Complaint, initially filed in state court on January 15, 2021, and removed by FHLB-SF on March 9, 2021. Commerce is a "mortgage banking company that is certified by the United…

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