Judge Refuses To Dismiss Loan Modification Suit, Threatens Sanctions

CHICAGO - A federal judge in Illinois on Jan. 2 denied a bank's motion to dismiss a couple's lawsuit over its refusal to permanently modify their home mortgage loan despite being qualified for such relief and threatened defense attorneys with sanctions for their failure to acknowledge the Seventh Circuit U.S. Court of Appeals' ruling in Wigod v. Wells Fargo Bank, N.A. (2012 U.S. App. LEXIS 4714 $(7th Cir.$); See March 2012, Page 4) in their opening brief (Charles Thul, et al. v. OneWest Bank FSB, d/b/a IndyMac Mortgage Services, No. 12 C 6380, N.D. Ill.; 2013 U.S. Dist. LEXIS 108).Full story on lexis.com