AVIS COPELIN, et al.; Plaintiff, vs. REHABBERS FINANCIAL, INC., et al.; Defendants.

Case No.: 19STCV11890

Hearing Date: July 28, 2020

[TENTATIVE] RULING RE:

Plaintiffs Avis Copelin, Placemark Properties, LLC, Placemark Assets LLC, and Dauphin LLC’s OSC re: Motion for Preliminary Injunction.

Plaintiffs Avis Copelin, Placemark Properties, LLC, Placemark Assets LLC, and Dauphin LLC’s Motion for Preliminary Injunction is DENIED.

Factual Background

This is an action for wrongful foreclosure. The Complaint alleges as follows. Plaintiffs Avis Copelin, Placemark Properties LLC, Placemark Assets LLC, and Dauphin LLC (“Plaintiffs”) own properties in Arcadia, Palm Desert, Studio City, and Laguna Hills. (Complaint ¶ 2.) Defendants originated mortgage loans against these properties and initiated foreclosure proceedings against them despite not being licensed to originate mortgages under federal law. (Complaint ¶¶ 1–11.)

procedural history

Plaintiffs filed the Complaint on April 8, 2019, al