Judge Dismisses Bank Lawsuit Over Mortgage Foreclosures

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Judge Dismisses Bank Lawsuit Over Mortgage Foreclosures

Judge Dismisses Bank Lawsuit Over Mortgage Foreclosures

Should’ve helped out the homeowner!

 

Forbes-

A federal judge in California has dismissed a lawsuit by Wells Fargo and Deutsche bank that was seeking to halt the city of Richmond, California’s groundbreaking plan to seize mortgages on underwater properties to try and prevent future foreclosures.

Judge Charles Breyer, in a terse, 2-page order, said he must dismiss the case because the claims in it “are not ripe for adjudication.” The banks’ claims that Richmond is unconstitutionally depriving them of their property don’t “rest on contingent future events certain to occur, but rather on future events that may never occur.”

[FORBES]

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One Response to “Judge Dismisses Bank Lawsuit Over Mortgage Foreclosures”

  1. The banks and politicians are not being just to homeowners. The entire senate in Washington State signed a bill to allow the sale of stolen property. The imminent domain will bring out the truth and prove the fraud. Banks dont want this due to they are in fear of the truth being brought out. This will open a can of worms. If anyone in the State of Washington wants to prevent the sale of stolen property and it can be yours even if you are not in foreclosure, sign this petition on this article. http://deadlyclear.wordpress.com/2013/09/16/mr-potter-and-the-state-of-washington-legislate-no-need-for-original-note-just-take-the-land-bye-bye/#comment-4768

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