Monday, July 22, 2013

5th Circuit Rejects Homeowner Attempt To Challenge Bankster's Foreclosure Based On Robo-Signed Assignments Allegations

The Louisiana Record reports:

  • Homeowners seeking to avoid foreclosure lost an appeal in the U.S. Court of Appeals for the Fifth Circuit against the Deutsche Bank National Trust Company.

    Dia and Joseph Reinagel, the appellants, attempted to prevent the bank from foreclosing on their property, claiming that the assignments issued by the bank to the appellants were “robo- signed” and therefore invalid.

    The court found that the Reinagels had no right to challenge the assignments nor be considered on merits.

    The court denied the appeal and stated that the Reinagles may be subjected to double collection.

    Judge Patrick Errol Higginbotham, Priscilla Owen and James E. Graves Jr. over saw the case.

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