Federal Judge Dismisses UCL, Wrongful Foreclosure Claims For Lack Of Standing

(January 2, 2018, 2:26 PM EST) -- SAN FRANCISCO — After finding that a borrower lacked standing to challenge the securitization of his loan, a California federal judge on Dec. 22 granted a bank’s motion to dismiss his claims for wrongful foreclosure and violation of California’s unfair competition law (UCL) (Lonnie Ratliff v. Mortgage Store Financial Inc., et al., No. 17-cv-02155, N.D. Calif., 2017 U.S. Dist. LEXIS 196372)....