RMA Ventures California v. SunAmerica Life Insurance

BALDOCK, Circuit Judge.

This appeal presents us with a most unusual set of facts. Plaintiff RMA Ventures California originally filed suit against Defendants Sun America Life Insurance and Midland Loan Services for breach of contract and misrepresentation. Plaintiff alleged that Defendants failed to implement a required interest rate reduction pursuant to the parties’ mortgage agreement. The district court granted summary judgment for Defendants, holding that Plaintiffs voluntary interest payments over a four-year period precluded recovery on its claims. Plaintiff appeals the district court’s…