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Home / Opinion Digests / Defaulting Borrowers Have No Standing (access required)

Defaulting Borrowers Have No Standing (access required)

Plaintiffs who lost their home to foreclosure do not have standing to sue defendant lender on a claim that their deed of trust was unenforceable; the Norfolk U.S. District Court says plaintiffs do not have standing because they defaulted on their home mortgage loan six months before the alleged defective appointment of a substitute trustee. Plaintiffs’ ...

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