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Consumer Law

: Caveat Emptor

Produce the note!

By Nick Slade

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Sometimes the court system actually works. The AP has an interesting article on homeowners who are forcing lenders to <gasp> produce the note?the proof the lender issued a mortgage. Apparently some people are having some success in delaying or stopping foreclosure by simply asking whomever is trying to foreclose to produce the original mortgage note. [...] Related posts:
  • What to do instead of waiting for a notice of foreclosure
  • Minnesota legislature passes Subprime Borrower Relief Act
  • Sure you owe somebody for your mortgage loan, but who?

    • Full post as published by Caveat Emptor on February 26, 2009 (boomark / email).

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