Schweizer et al v. Bank of America N.A. et al

Filing 6

ORDER: Granting Motion for a Temporary Restraining Order 3 from this day until Wednesday, March 21, 2012, at 5:00 p.m.. Hearing on whether to issue a preliminary injunction is set for 3/21/2012 at 10:00AM in Medford Courtroom before Judge Owen M. Panner. Signed on 3/9/2012 by Judge Owen M. Panner. (dkj)

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF OREGON DAVID W. SCHWEIZER and DEBORAH K. SCHWEIZER, Plaintiffs, 1:12-cv-322-CL TEMPORARY RESTRAINING ORDER v. BANK OF AMERICA, N.A. and RECONTRUST COMPANY, N.A., Defendants. PANNER, J. Plaintiffs seek an ex parte temporary restraining order to enjoin the closure sale of their house. Plaintiffs allege the house is schedul a foreclosure sale on March 20, 2012 and defendants have not compli with the 1 valid non-judicial foreclosure. &~ongst plaintiffs allege defendants fail 1 requirements for a other arguments, to record all assignments of the trust deed in the county land records prior to i foreclosure proceedings. judi I~ tiating the Oregon, a party initiating nonĀ­ al foreclosure proceedings must reco all assignments of the trust deed. ORS 86.735(1); Hooker v. Northwest Trustee 1 ORDER Services, Inc., 2011 WL 2119103, *3 (D. Or. May 25) citation omitted; Or. 7) ) ; ==-==-~==~, (internal 2011 WL 477820, at *3 4 (Bankr. D. =====-~~==~~~~~~~-==' 2012 WL 653871, at *19-20 (D. Or.). Plaintiffs allege MERS is listed as the bene ciary on the ed of trust at issue. Because of the alleged imminent foreclosure sale, and because defendants presence of MERS demonstrates a high probability that d not comply with the recording Oregon Trust Act, I grant pIa temporary restraining 0 r agents, etc ... , and other irements of iffs' request for a (#3). Defendants, and the rsons act officers, concert or participation with defendants, who receive actual notice of this , are restrained from conducting a forec following property: 1407 Tw sure sale for the Pines Court, Central Point, Oregon, from this day until Wednesday, March 21, 2012, at 5:00 p.m. This court will hold a hearing on whether to issue a preliminary injunction at 10:00 a.m. on March 21, 2012, in James A. Redden Courthouse in Medford. IT IS SO ORDERED. DATED this -!l- day of March, 2012 at OWEN M. FANNER U.S. DISTRICT JUDGE 1 2 1 - ORDER '1:4700 ' clock

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