Reality Check on “Produce The Note” Strategy

``It was heartening to see mortgage servicers taken to task and forced to follow the rules, but even in the oft-cited Byrd case, the real victory was scaled back considerably by the appellate court. While the dismissal was affirmed, the appellate court ruled that it should have been without prejudice... Those cases in which demanding the note and dissecting the paper trail resulted in a windfall for the homeowner were few and far between.''