Aceves ruling: Foreclosed homeowner has cause to sue bank for fraud (via Foreclosureblues)

1 Feb

Aceves ruling: Foreclosed homeowner has cause to sue bank for fraud Aceves ruling: Foreclosed homeowner has cause to sue bank for fraud Today, February 01, 2011, 1 hour ago | KERRY CURRY A California appeals court ruled that U.S. Bank reneged on its promise to negotiate a mortgage modification, which is sufficient cause for the homeowner to sue the bank for fraud in a scathing ruling alleging the bank never had any intention of working with the homeowner. However, the court also ruled that the homeowner, Claudia … Read More

via Foreclosureblues

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One Response to “Aceves ruling: Foreclosed homeowner has cause to sue bank for fraud (via Foreclosureblues)”

  1. Kathleen Schumer May 22, 2011 at 8:26 am #

    I have lost my home of 25 years and my business, licensed Child care provider. I now am homeless, 61, and with out job or medical insurance. The Bank was unwilling to let me run my business without threat of foreclosure for 6 months and then once families enrolled, repayment schedule.

    No one would have signed away houses if we had known.

    Kathleen Schumer

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