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: Loan Modification & Home Loan News
Bank can foreclose despite lost mortgage note, judge rules
By Moe Bedard
(Source: By Kathleen Lynn, The Record, Hackensack, N.J.) – A Bergen County judge has ruled that a lender can foreclose on a mortgage even if the lender doesn’t have the mortgage note because a previous lender lost it. Bogota homeowner Janett Alvarado challenged Bank of America’s right to foreclose on her home, arguing that it [...]
Full post as published by Loan Modification & Home Loan News on February 07, 2011 ( boomark
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