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CBA Seeks Depublication of Case that Injects Further Uncertainty in Foreclosures

A California court of appeal decided a case in a way that would introduce a new way to challenge residential property foreclosures. The court allowed a borrower to challenge the legitimacy of a foreclosure action based on alleged irregularities on the securitization of the loan. The decision, Glaski v. Bank of America, thus upsets the California statutory scheme of non-judicial foreclosure that does not permit additional conditions to the process. CBA’s request was ably prepared by Robert Little with the law firm of Anglin Flewelling Rasmussen Campbell & Trytten.

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