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Glaski v. Bank of America

Glaski v. Bank of Am., 218 Cal. App. 4th 1079 (2013)

Court
Court of Appeal of California, Fifth Appellate District
Decided
2013-07-31
Docket
F064556

What happened

Mr. Glaski alleged his loan was transferred into a securitized trust after the trust's closing date, so the transfer was void and the trust could not foreclose.

What the court decided

The California Court of Appeal held a borrower may challenge a void assignment and allowed the wrongful-foreclosure claim to go forward.

In the court's words

“borrowers have standing to challenge void assignments of their loans”

Why it may matter to you

An early homeowner win on securitization arguments, often cited alongside Yvanova.

Why it might not apply

Many courts rejected its view that late transfers are void (as opposed to voidable); Yvanova expressly declined to decide that point. Treat with caution.

Most useful when

  • Your loan was transferred into a securitized trust after its closing date

How to cite it

The full citation for the first time you mention it, a short form for later, and a sample sentence you can adapt.

Full citationGlaski v. Bank of Am., 218 Cal. App. 4th 1079 (2013)Short formGlaski, 218 Cal. App. 4th 1079

Draft — check it with free legal aid before you file or say it in court.

In Glaski v. Bank of Am., 218 Cal. App. 4th 1079 (2013), the court held that a borrower may challenge an assignment of the loan that is void, including a late transfer into a securitized trust. Here, [say in one sentence what happened in your case]

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