Federal Judge Dismisses Foreclosure-Related Claims, Denies Request For Sanctions

Mealey's (January 28, 2016, 12:26 PM EST) -- SACRAMENTO, Calif. — After finding that borrowers failed to assert facts to support their claims for wrongful foreclosure, violation of California's unfair competition law (UCL) and other claims, a California federal judge on Jan. 26 granted a motion to dismiss filed by lenders but found that sanctions were not warranted (Isaac Gutierrez, et al. v. Bank of America, N.A., et al., No. 2: 14-CV-01246, E.D. Calif.; 2016 U.S. Dist. LEXIS 9064).

(Opinion available. Document #85-160209-021Z.)

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Isaac Gutierrez and Purification Infante defaulted on residential property loan....
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