Florida Court Sides with Bank in Key Mortgage Liability Case

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Florida Court Sides with Bank in Key Mortgage Liability Case – Florida’s highest court has ruled a homeowner cannot re-open a voluntarily dismissed foreclosure case despite allegations that the bank falsified documents, giving a win to banks in a closely.

Florida Court Finds Bank Had Standing to Foreclose As the. – The Court concluded, if the Bank is "a person entitled to enforce [the note]" as a holder, the issue of ownership was "irrelevant" and the assignment of mortgage was "superfluous." Lastly, the Court rejected the Borrowers’ argument that the Bank’s purported violations of the PSA destroyed the Bank’s standing.

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Hustle’ Mortgage Fraud Case Falls Into Crevice of the Law – That law led to substantial settlements with banks for their subprime mortgage practices, including a record $16.65 billion settlement by Bank of America in 2014 for other mortgage-related violations..

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