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Real Estate & Property Law

: The Home Equity Theft Reporter

NJ Appeals Court Boots Rubber Stamped Foreclosure Judgment; Says Bank "Failed To Meet Burden To Establish Bona Fides Of Alleged Assignment"

By r morris

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The following facts are taken from a recent ruling by the New Jersey intermediate appeals court (footnote 1 below is a footnote appearing in the court ruling):Bank filed a foreclosure action against homeowners.Homeowners filed a response, which was accepted as an answer and challenged, among other things, the bona fides of a later assignment of the mortgage.In response, Bank filed a motion for

Full post as published by The Home Equity Theft Reporter on February 03, 2011 (boomark / email).

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