Is there a valid cause of action for wrongful foreclosure where the beneficiary of the loan was not the beneficiary?
California, United States of America
The following excerpt is from Migdal v. Jpmorgan Chase Bank, H038797 (Cal. App. 2014):
foreclosure"].) Indeed in Glaski v. Bank of America (2013) 218 Cal.App.4th 1079, 1094 the court concluded that there exists " 'a valid cause of action for wrongful foreclosure' " where the plaintiff "allege[s] facts that show the defendant who invoked the power of sale was not the true beneficiary."
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