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Real Estate & Property Law

: The Home Equity Theft Reporter

"Schack" Rulings Merit Note In Ohio Appeals Court Ruling Reinforcing Importance To Borrower That Promissory Note's Chain Of Title Be Established

By r morris

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In recent, apparently high stakes litigation(1) in which a lower court's ruling dismissing a lender's foreclosure action was affirmed, an Ohio Court of Appeals issued a reminder of how essential it is to the borrower (ie. the "maker" of the note) that the lender prove it is the proper holder of the promissory note being enforced.In addition, it cited several rulings from Kings County (Brooklyn),

Full post as published by The Home Equity Theft Reporter on September 10, 2010 (boomark / email).

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