Hawaii is seeing a number of lawsuits against banks related to allegedly unfair foreclosure sales practices, The Honolulu Star-Advertiser reported Tuesday.
Lawsuits have been brought against Deutsche Bank National Trust Co., Bank of America, U.S. Bank N.A., and Wells Fargo. In addition, a suit has also been filed against Routh Crabtree Olsen, a Washington firm with offices in Hawaii, for its alleged involvement.
The lawsuits allege that state residents received lower prices than they should have for their properties sold through non-judicial foreclosure auctions. The plaintiffs say that these institutions committed multiple violations of state non-judicial foreclosure laws and kept residents from getting the highest possible prices for their properties.
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