In the hopes that the third time is a charm, Charm City has sued Wells Fargo for the third time, according to the Baltimore Sun.

The latest complaint, filed Thursday in U.S. District Court, contains 14 new paragraphs that purport to address concerns that led Judge J. Frederick Motz to dismiss the case twice before — namely a lack of evidence that the mortgage lender was responsible for housing vacancies and millions of dollars in associated damages.

In the second dismissal, Motz asked the city to show why the properties would not “have been vacant in any event.” The new filing attempts to explain this through a general description of the ways in which lending to those who can’t afford the loan leads to foreclosure.

Hopefully this lawsuit will be once again thrown out (thank you, Judge Motz, for having the common sense to throw out the first two) and the City will be forced to clean up the housing mess on its own.  I’m picturing Wells Fargo’s attorneys laughing when reading “a general description of the ways in which lending to those who can’t afford the loan leads to foreclosure”.  Well how about those who can’t afford the loan shouldn’t have taken the loan?  And what about the “victims” who cheated the system — one of whom appears to not exist, by all accounts.

It will be interesting to see how Judge Motz will treat this third lawsuit — it will be even more interesting to see how many taxpayer dollars have been wasted on this effort.