This is the second appeal in this case and the lat
This is the second appeal in this case and the latest manifestation of a series of legal proceedings that commenced almost eight years ago.
On April 14, 2010, appellant Francisco Carrascal filed a complaint in the San Mateo County Superior Court alleging fraud, breach of fiduciary duty, negligence, and unfair business practices against the same parties that are defendants and respondents in this appeal: Deanna and Eugene Avakian, PNC Bank, N.A. (PNC), Bank of America, Federal National Mortgage Association (Fannie Mae), and Federal Home Loan Mortgage Association (Freddie Mac). The allegations of the complaint all related to appellant’s purchase of properties in Stockton and related home-purchase and refinance loan transactions in 2006 and 2007, and the foreclosure of certain properties. Appellant alleged causes of action for fraud against all defendants and breach of fiduciary duty, various forms of negligence, and unfair business practices against certain defendants.
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