NJ Foreclosure System Violates Civil Rights, Suit Says

Law360, New York (September 30, 2013, 3:45 PM EDT) -- A lawsuit filed Thursday in New Jersey federal court accuses the state of violating civil rights by issuing default judgments in residential mortgage foreclosures without providing homeowners with due process, claiming the system works in favor of banks.

The complaint, brought by New Jersey residents Michael Mastoris and Charles Lincoln against Wells Fargo Bank NA, Grand Bank NA and the attorneys and law firms representing them, claims that after the defendant banks entered default judgment against Mastoris regarding three of his properties, a discriminatory scheme in...
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