Another case holds that homeowner who cannot afford to redeem mortgage foreclosure gives up standing to sue the bank over fraud
In Lamiman v. Bank of NY Mellon Trust, the Michigan Court of Appeals again decided that a foreclosed homeowner lacks "standing" to sue the bank for fraud if the homeowner wasn't able to redeem the property. The family's "rights to the property are extinguished..." So, the people who suffer the greatest harm from a (perhaps fraudulent) mortgage and foreclosure are also prevented by a legal obstacle from pursuing justice.