Calif. City Says BNY Can't Sue Over Mortgage Seizure Plan

Calif. City Says BNY Can't Sue Over Mortgage Seizure Plan

The City of Richmond, Calif., urged a California federal judge on Friday to throw out The Bank of New York Mellon Corp.'s bid to block the city from seizing properties with underwater mortgages by eminent domain, arguing there can't be an injunction ...read more

  • Tags: