Federal Judge Finds Estate Lacks Standing To Challenge Foreclosure Sale

Mealey's (November 30, 2016, 12:57 PM EST) -- DETROIT — A Michigan federal judge on Nov. 28 granted a motion filed by lenders to dismiss claims asserted by an estate against them in relation to the foreclosure of a property, finding that the estate lacked standing to bring the claims and that it failed to assert that there was a defect in the foreclosure process (Estate of Doreen Bessette v. Wilmington Trust N.A., Successor Trustee to Citibank N.A. as Trustee for Structured Asset Mortgage Investments II Trust 2007-AR1 Mortgage Pass-Through-Certificates Series 2007-AR1, et al., No. 16-cv-11936, E.D. Mich.; 2016 U.S. Dist. LEXIS 163372)....