Thursday, July 28, 2011

CA homeowner challenges Wells Fargo (where is the note?), could set legal precedent

A Bakersfield homeowner is taking on a bank, in a battle that could have sweeping implications for people facing foreclosure.

Mark Demucha wants
Wells Fargo to prove it owns his home loan. And, if his lawsuit is successful, it could set a legal precedent that slows or even stops foreclosures across the state.


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