Lender:  Home’s Sale Price Does Not Help Borrower’s Wrongful Foreclosure Claim

Mealey's (September 21, 2022, 2:44 PM EDT) -- NEW ORLEANS — A federal district court did not err in granting summary judgment in favor of a mortgage lender in a lawsuit brought by a borrower alleging that the lender wrongly foreclosed on her mortgage loan because the selling price on the home was not “grossly inadequate,” the lender argues in a Sept. 16 appellee brief filed in the Fifth Circuit U.S. Court of Appeals....