For background, see article “Homeowners Obtain Restraining Order Against Foreclosure Sale Under Homeowners’ Bill of Rights” at wesuethebanks.com.
A borrower filed a complaint and request for a restraining order, attended a hearing, and obtained a Court order restraining the bank from selling the home as required under the Homeowners’ Bill of Rights.
The Court set the matter out for an actual injunction and gave the bank the opportunity to respond. The bank opposed the request but the Court disagreed with their argument and issued a preliminary injunction, the bank is now barred from selling the home until they comply with the new laws and review the borrower for a loan modification.
For more information, contact the Law Offices of Ted A. Greene, Inc., attorneys for the borrower.
Consumer Advocates
(916) 442-6400
Sacramento, California 95811
“Helping Homeowners sue the banks is what we do”