November 9, 2012
Florida Appellate Court Holds that a “Non-Holder” does not have Standing
In Cutler v. U.S. Bank National Association, ____ So.3d ____ (Fla.App. 2 Dist. 2012), a Florida Appellate court held that if a bank could not establish that it was the holder of the mortgage note or allonge, which took effect prior to … Continue reading
November 9, 2012 in Downstream litigation | Permalink | No Comments
New York County Court Dismisses Banks Foreclosure Action
In US Bank National Association v. Combs, No.8481 (NYSC Queens Oct. 2, 2012), the court dismissed plaintiff bank”s foreclosure action because a plaintiff in foreclosure action in New York must be both the holder or assignee of the subject mortgage … Continue reading
November 9, 2012 in Downstream litigation | Permalink | No Comments