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B'klyn Judge Slams Brakes On Another Foreclosure As "Standing-Lacking" Lender Fails To Prove Ownership Of Note, Right To Sue

By r morris

In Brooklyn, New York, the New York Post reports:Aquila Rose got a $475,000 mortgage from Fremont Investment & Loan for her Flatbush home in January 2007 and made exactly one payment before defaulting. When Fremont started a foreclosure action on Oct. 15 that year, it seemed like a slam dunk - like Rose would soon be forced from her East 35th Street home.But Rose has not been foreclosed upon,

Full post as published by The Home Equity Theft Reporter on February 24, 2009 (boomark / email).