Pearson, et al v. BAC Home Loans Servicing, LP et al

Filing 6

ORDER: Granting Motion for a Temporary Restraining Order 3 . Hearing is set for 11/16/2011 at 09:45AM in Medford Courtroom before Judge Owen M. Panner on whether to issue a preliminary injunction. Signed on 11/3/2011 by Judge Owen M. Panner. (dkj)

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF OREGON JAMES PEARSON and EILEEN PEARSON, Plaintiffs, Civ. No. 11-3131-CL TEMPORARY RESTRAINING ORDER v. BAC HOME LOANS SERVICING LP and RECONTRUST COMPANY, N.A., Defendants. PANNER, J. Plaintiffs seek an ex parte temporary restraining order to enjoin the foreclosure sale of their house. Plaintif allege the house is scheduled for a foreclosure sale on November 18, 2011 and defendants have not complied with the legal requirements for a valid non-judicial foreclosure. Specifically, plaintiffs allege defendants failed to record all assignments of the trust deed in the county land records prior to initiating the foreclosure proceedings. In Oregon, a party initiating non-judicial foreclosure proceedings must record all assignments of the trust 1 - ORDER ยท ORS 86.735(1); Hooker v. Northwest Trustee Services, Inc., 2011 WL 2119103, *3 (D. Or. May 25) WL 4282105, at *2 477820, at *3-4 (c Burgett v. MERS, 2010 (D. Or. Oct. 20) and 2011 WL (Bankr. D. Or. Feb. 7)). is listed as the benef aintiffs al ry on the deed of trust at issue. Because of the all imminent rec sure sale, and e the presence of MERS demonstrates a defendants did not gh probability that Y with the recording requirements of the Trust Deed Act, t MERS I grant plaintif rary restraining order (#3). De s, etc ... , and 'request for a s, and their of cers, persons in active concert or participation with de s, who rece actual notice of this , are restrained from conducting a foreclosure sale r the llowing property: 147 Hampshire Circle, Grants Pass, Oregon, this day until November 16, 2011, at 5:00 p.m. This court will hold a hearing on whether to issue a preliminary junction at 9:45 a.m. on November 16, 2011, in the James A. Redden Courthouse in Medford. IT IS SO ORDERED. DATED this ~ day of November, 2011, at OWEN M. PANNER U.S. DISTRICT JUDGE 2 - ORDER /p:,fUa.m.

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