Banking
Dec. 23, 2010
Ruling Makes Loan Ditching Harder
A Northern District judge has closed off one line of attack that has allowed some non-English speaking borrowers to abandon their loans.
Daily Journal Staff Writer
SAN FRANCISCO - A Northern District judge has closed off one line of attack that has allowed some non-English speakers to abandon their loans.
U.S. District Judge Thelton Henderson ruled Monday that despite a California statute requiring some loan documents to be translated into the borrower's native language, ING Bank is not responsible for a third-party broker's failure to provide a Los Ang...
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