5th Circuit Finds Property Owners Lack Standing To Challenge Transfer Of Loan

(November 24, 2015, 2:32 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Nov. 20 affirmed a district court's decision to grant summary judgment in favor of a bank, finding that former property owners lacked standing to challenge the transfer of their mortgage (Ryan Ermisch, et al. v. HSBC Bank, et al., No. 15-50276, 5th Cir.; 2015 U.S. App. LEXIS 20253)....

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