Mortgagors who defaulted on their note seek to enjoin a bank from foreclosing, contending that the assignments by which the bank obtained the note and corresponding deed of trust were "robo-signed" and therefore invalid. The district court granted the bank's motion to dismiss. Under Texas law, facially valid assignments cannot be challenged for want of authority except by the defrauded assignor. The district court's judgment is affirmed.
Reinagel v. Deutsche Bank National Trust Co.
July 25, 2013