Deutsche Bank's Suit Against Borrower Can Proceed, Judge Finds

Deutsche Bank's Suit Against Borrower Can Proceed, Judge Finds

SCRANTON, Pa. - A federal judge in Pennsylvania on Oct. 17 denied a borrower's motion to dismiss a suit arising from a mortgage loan involving the failed Washington Mutual Bank (WaMu), disagreeing with her assertion that Deutsche Bank National Trust Co., as trustee for the loan, lacks standing to bring the action (Deutsche Bank National Trust Company v. Lucille Adragna, No. 13-1050, M.D. Pa.; 2013 U.S. Dist. LEXIS 149632).

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