2012-11-01homepreservationnetwork.com

``That is why all of the major lenders and loan servicers in Ohio simply ignored the legal requirements of owning someone's note and mortgage and just filed for foreclosure in he name of whatever entity they "thought" was the last to buy the note. Believe it or not, thousands of lawsuits for foreclosure in Ohio were filed by entities that simply don't have any dispute with the homeowner they were suing. In the Schwartwald Decision, the Ohio Supreme Court has said definitively that courts that granted Judgments in such circumstances were without jurisdiction to do so, and that courts that our currently deciding cases must dismiss those where the lender did not possess the note and mortgage prior to filing their foreclosure complaint.''


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