U.S. Court of Appeals for the 9th Circuit
Jul. 18, 2013
9th Circuit says no private right to sue banks under foreclosure law
The federal Protecting Tenants at Foreclosure Act, a 2009 effort to ease the pain of the housing bust, does not give individuals a private right to sue banks that have violated the terms of the statute, a 9th U.S. Circuit Court of Appeals panel held Tuesday.
By John Roemer
Daily Journal Staff Writer
The federal Protecting Tenants at Foreclosure Act, a 2009 effort to ease the pain of the housing bust, does not give individuals a private right to sue banks that have violated the terms of the statute, a 9th U.S. Circuit Court of Appeals panel held Tuesday.
The decision affirmed U.S. District Judge Margaret M. Morrow of Los Angeles.
The case arose when U.S. Bank National Association notified a Westlake Village woman t...
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