Larry HIGGINS, W. Glenn Perry, Juanita Buckhalter Clarke, Sheila H. Baker, Rhonda A. Day, David Nadeau, and Martha Megredy, Plaintiffs-Appellees,
v.
BAC HOME LOANS SERVICING, LP, Bank of America, N.A., JPMorgan Chase Bank, N.A., U.S. BANK, N.A., and Wells Fargo Bank, N.A. (14-6168); Federal National Mortgage Association and Federal Housing Finance Agency (14-6167), Defendants-Appellants.
United States Court of Appeals, Sixth Circuit.https://leagle.com/images/logo.png
Argued: April 30, 2015.
Decided and Filed: July 16, 2015.
July 16, 2015.
Attorney(s) appearing for the Case
ARGUED: Michael A.F. Johnson, Arnold & Porter LLP, Washington, D.C., for Appellants in 14-6167. Thomas M. Hefferon, Goodwin Procter LLP, Washington, D.C., for Appellants in 14-6168. Carroll M. Redford, III, Miller, Griffin & Marks, P.S.C., Lexington, Kentucky, for Appellees. ON BRIEF: Michael A.F. Johnson, Howard N. Cayne, Asim Varma, Dirk C. Phillips, Arnold & Porter LLP, Washington, D.C., Jill L. Nicholson, Foley & Lardner LLP, Chicago, Illinois, for Appellants in 14-6167. Thomas M. Hefferon, Joseph F. Yenouskas, Goodwin Procter LLP, Washington, D.C., Richard A. Vance, Bethan A. Breetz, Stites & Harbison, PLLC, Louisville, Kentucky, Dustin E. Meek, Tachau Meek PLC, Louisville, Kentucky, Elizabeth Frohlich, Morgan Lewis & Bockius LLP, San Francisco, California, Allyson N. Ho, Morgan Lewis & Bockius LLP, Dallas, Texas, for Appellants in 14-6168. Carroll M. Redford, III, David T. Faugh, Elizabeth C. Woodford, Miller, Griffin & Marks, P.S.C., Lexington, Kentucky, J.D. Kermode, Atkinson, Sims & Kermode PLLS, Lexington, Kentucky, for Appellees.
Before: MERRITT, BOGGS, and ROGERS, Circuit Judges.
OPINION
ROGERS, Circuit Judge.
Kentucky's recording statutes require that an assignment of a mortgage must be recorded within 30 days. Plaintiffs in this putative class action contend that, for purposes of the recording requirement, a transfer of a promissory note is an assignment of a mortgage securing the note, such that the transfer...
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