2013-06-10bizjournals.com

``House Bill 87 requires banks to file cases with a clear chain of ownership of the mortgage note and how the delinquency occurred. If the case has the correct documentation, the lender can seek a "show cause" order as to why it shouldn't be awarded a judgment and take the house. The homeowner would have to quickly raise a valid defense.''



Comments: Be the first to add a comment

add a comment | go to forum thread