CA Appellate Court Rules Borrower May Sue Over Lender’s Failure To Contact Prior to Foreclosure

Alan S. Petlak, Ballard Spahr A residential lender’s failure to contact a borrower prior to initiating nonjudicial foreclosure proceedings triggers a private right of action under California law, the California Court of Appeal has ruled. In its July 3, 2012, opinion in Skov v. U.S. Bank National Association, the California Court of Appeal, Sixth District, held […]