A federal court has ordered Councilman Keith Bohr and his wife, Elizabeth Propp, to settlement proceedings after their home loan lendor, Wells Fargo, filed a motion to dismiss the couple's lawsuit against it.
Bohr and Propp filed their lawsuit Feb. 16 against Wells Fargo Home Mortgage and Fidelity National Title Insurance Co. because, they allege, the bank attempted to foreclose on their $2.5-million home before allowing them to refinance the loan. The lawsuit was moved to the U.S. District Court, 9th Circuit's jurisdiction in March.
Bohr's use of his position as a local politician is one reason Wells Fargo is requesting the dismissal.
"While many borrowers have confronted indescribable hardships and have fallen behind on their home loan payments due to the costs of caring for ill or disabled family members or have lost their employment and taken on multiple low-paying jobs to scrape by after being unable to find work within their vocational field, plaintiffs here — a local politician and his wife — filed the present lawsuit as part of an orchestrated and publicized effort to obtain better terms for their multi-million-dollar (loan)," according to the motion.