Judge James A. Stoelker of , was disqualified from a case on practices the day before  , on a technicality. The case was filed by David and Salma Merritt of Santa Clara County against multiple defendants, including , , and , among others. A review of similar cases filed by individuals in  found that all had been settled in at most 9 months, usually in favor of the banks. Merritt v. Mozilo has continued in the courts for much longer, celebrating its third anniversary last Saturday. The Merritts' claims are consistent with published statements by , former Executive Vice President of Fraud Risk Management at Countrywide, that fraud was endemic to certain parts of Countrywide.
Judge James A. Stoelker of Santa Clara County, California was disqualified from a case on practices the day before Christmas , on a technicality. The case was filed by David and Salma Merritt of Santa Clara County against multiple defendants, including , , and , among others. A review of similar cases filed by individuals in California found that all had been settled in at most 9 months, usually in favor of the banks. Merritt v. Mozilo has continued in the courts for much longer, celebrating its third anniversary last Saturday. The Merritts' claims are consistent with published statements by , former Executive Vice President of Fraud Risk Management at Countrywide, that fraud was endemic to certain parts of Countrywide.
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Santa Clara County, California
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Christmas
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California