Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-02005/USCOURTS-caed-2_09-cv-02005-0/pdf.json

Nature of Suit Code: 890
Nature of Suit: Other Statutory Actions
Cause of Action: 15:1601 Truth in Lending

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1 Because oral argument will not be of material

assistance, the court orders this matter submitted on the briefs. 

E.D. Cal. L.R. 230(g).

1

UNITED STATES DISTRICT COURT

EASTERN DISTRICT OF CALIFORNIA

----oo0oo----

DENA CRISOTOMO CARINO;

ALLAN CHRISTOPHER DIWA,

NO. CIV. S-09-2005 FCD/KJM

Plaintiff,

v. MEMORANDUM AND ORDER

STANDARD PACIFIC CORP;

STANDARD PACIFIC MORTGAGE,

INC. fka FAMILY HOME LENDING,

INC.; CHASE HOME FINANCE LLC;

et al.,

Defendants.

----oo0oo----

This matter is before the court on defendants Standard

Pacific Corporation and Standard Pacific Mortgage, Inc.’s motion

to compel arbitration and stay the case pending arbitration.1 In

this action, plaintiffs Dena Carino and Allan Diwa (“plaintiffs”)

allege fourteen claims for relief against moving defendants,

Case 2:09-cv-02005-KJM-AC Document 18 Filed 01/15/10 Page 1 of 3
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2 Plaintiff also names as defendants Homecomings

Financial Services, LLC, Mortgage Electronic Registration

Systems, Inc., HSBC Bank USA and Chase Home Finance, LLC. After

removing the case, these defendants filed a motion to dismiss

plaintiffs’ first amended complaint, which the court deferred

ruling on until consideration of the pending motion to compel

arbitration. (Docket #s 4, 7, 14.) These defendants have not

joined or filed a response to the instant motion.

3 The stay applies only to the instant case and the named

parties in this matter. The court cannot, as requested by

plaintiffs, preclude the filing of any claims or prosecution of

any actions against plaintiffs which are not the subject of this

lawsuit.

2

among others,2 premised on the allegation that the loans

plaintiffs obtained from defendants were procured as part of a

purported scheme of securitization of risky mortgage loans. 

(FAC, filed July 20, 2009.) Plaintiffs seek by this action to

rescind the loans and quiet title to their residential property

by suing their lenders, their mortgage broker and the developer

of the subject property, alleging claims against defendants for

federal truth and lending violations, civil RICO violations,

negligence, breach of contract, breach of fiduciary duty, fraud,

intentional infliction of emotional distress and unfair business

practices. 

Plaintiffs filed a response to the motion, stating they did

not oppose the motion and conceding that the subject Agreements

required arbitration of the instant dispute. (Docket #15.) As

such, the court HEREBY grants defendants’ motion to compel

arbitration. This case is now STAYED pending the parties’

arbitration.3 The parties are directed to inform the court of

the outcome of the arbitration within 20 days of the arbitrator’s

decision.

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3

The pending motion to dismiss (Docket # 4, 7) is DENIED as

MOOT. Defendants may re-notice the motion, if appropriate, when

the stay of this case is lifted. 

IT IS SO ORDERED.

 DATED: January 15, 2010

 FRANK C. DAMRELL, JR.

UNITED STATES DISTRICT JUDGE

Case 2:09-cv-02005-KJM-AC Document 18 Filed 01/15/10 Page 3 of 3