Shetty v. Deutsche Bank National Trust Co. CA2/7
Satish Shetty has a demonstrated practice of acquiring property after foreclosure proceedings have been initiated and then challenging the foreclosures as a self-represented plaintiff based on alleged irregularities in the funding, securitization, assignment and servicing of the loans and deeds of trust. On April 5, 2016 he brought such an action against Deutsche Bank National Trust Company, seeking to quiet title to a property he had purchased three weeks earlier. On August 26, 2016 the trial court declared Shetty a vexatious litigant pursuant to Code of Civil Procedure section 391, subdivision (b)(1), ordered him to furnish security in the amount of $9,000 to Deutsche Bank as a condition to proceeding with this litigation (§ 391.3) and prohibited him from filing in propria persona any new litigation in the courts of this state without first obtaining leave of the presiding judge or justice of the court where the litigation was proposed to be filed (§ 391.7).
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