Wells Fargo accused of commencing foreclosure without a mortgage

PHILADELPHIA — An individual is suing Wells Fargo U.S. Bank National Association as Trustee for the Structured Asset Investment Loan Trust Loan Trust, 2005-11, and Assurant, Inc., financial institution, citing alleged unjust enrichment.

Michael Earl Davis filed a complaint on Nov. 17, in the U.S. District Court for the Eastern District of Pennsylvania against the defendants alleging that they locked plaintiff out of his property without mortgage assignment.

According to the complaint, the plaintiff alleges that he suffered monetary damages. The plaintiff holds Wells Fargo U.S. Bank National Association as Trustee for the Structured Asset Investment Loan Trust Loan Trust, 2005-11, and Assurant, Inc. responsible because the defendants allegedly commenced a foreclosure action against the plaintiff without a mortgage.

The plaintiff requests a trial by jury and seeks $313,000, punitive damages, compensatory damages, court costs and any further relief this court grants.

Read on.

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