Alo v. OneWest Bank
Plaintiff Lourdes C. Alo stopped paying her mortgage once she allegedly learned that her appraiser and bank employees had lied to her regarding the value of the subject property. She tried three times to plead a cognizable cause of action against the two banks involved (the remaining defendants are not parties to this appeal), and failed on each occasion. The bank defendants’ demurrers were eventually sustained without further leave to amend. We subsequently stayed foreclosure proceedings pursuant to a writ of supersedeas to retain the status quo while this appeal was pending. We conclude that Alo has failed to plead a proper cause of action against either defendant, and we therefore affirm the judgment, dismiss the petition and dissolve the stay.
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