Relevant:
- Florida 4th District Court of Appeals Upholds JPMorgan Chase Lacks Standing
- OregonLive : Washington's highest court rules MERS cannot foreclose on homeowners
- Home Sale After Bad Foreclosure Isn't Valid, Court Rules
- U.S. Fifth Circuit Court of Appeals Rules Foreclosing in Texas Without the Note is Okay
- Michigan Court Of Appeals Rules MERS Has No Authority To Foreclose
2012-04-06 — ml-implode.com
District Court Judge J. Michael Seabright ruled in favor of a Hilo homeowner, dismissing a complaint filed by Deutsche Bank as Trustee, who was seeking to foreclose. According to the court's ruling, the plaintiff failed to establish that it was validly assigned the Mortgage and Note and therefore lacked standing to foreclose on the defendant's property.
The court's decision was very straightforward and should be easy to understand.
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