Magistrate Judge Dismisses Remaining Claims From Foreclosure Suit

Magistrate Judge Dismisses Remaining Claims From Foreclosure Suit

SAN JOSE, Calif. - A federal magistrate judge in California on Jan. 16 granted JP Morgan Chase Bank N.A.'s (Chase) motion for summary judgment on the remaining two claims in a borrowers' wrongful foreclosure suit, finding that the borrowers lack standing to challenge their mortgage's securitization process and that the disputes of material fact that they raise have already been resolved (Son T. Nguyen, et al v. JP Morgan Chase Bank N.A., No. 12-4183, N.D. Calif.; 2014 U.S. Dist. LEXIS 6009).

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