Loan Modification

Irma E. Gonzalez, Chief Judge of the United States District Court, Southern District of California, in granting a plaintiff?s motion for a Temporary Restraining Order, stopped Washington Mutual or ?WaMu? from foreclosing on the plaintiff?s

In her view, the bank?s conduct appears to be ?immoral, unethical, oppressive, unscrupulous or substantially injurious to consumers,? which means that it satisfies California?s Unfair Competition Law (?UCL?) ?unfair? prong 2. In addition, she wrote that ?a reasonable consumer is likely to rely on representations by a bank?s agent; thus, such conduct also violates the UCL?s ?fraudulent? practices prong.