The Home Equity Theft Reporter: One Florida Trial Court Gets It Right; Says Bankster Has No Standing To Foreclose Merely By Reason Of Note & Mortgage Ownership By Its Wholly-Owned Sub

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The Home Equity Theft Reporter: One Florida Trial Court Gets It Right; Says Bankster Has No Standing To Foreclose Merely By Reason Of Note & Mortgage Ownership By Its Wholly-Owned Sub PSL Events Calendar March 2018 Mortgage Masters Group

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A Sixth Circuit U.S. Court of Appeals panel on April 23 reversed an award of summary judgment to a mortgage lender, a mortgage brokerage firm and its principals after finding that an appraisal that inflated the value of a man’s home as part of the formation of an adjustable-rate mortgage (ARM) loan was the proximate cause of his alleged.

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{15} In this motion, Spicer also requested that the trial court stay the Sheriff’s sale until it can be proven "who has actual position [sic] and ownership of the original mortgage and standing to foreclose on the mortgage." However, he failed to specifically claim in this motion that he is entitled to relief pursuant to any of the.

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The ruling means the home on Amesbury Court, which has been in foreclosure since September 2008, can’t go to a foreclosure sale until the bank either gets another summary judgment or goes to trial. The Glarums still live in the home.

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