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Dr. Kalinda Rose Stevenson
Court Rules On Illegal Foreclosure Process For Bank Mortgages
By Kalinda Rose Stevenson, Ph.D.
Unlawful Foreclosure Process
The law matters. That is the fundamental point of the landmark decision by the Massachusetts Supreme Judicial Court concerning unlawful foreclosures by two of the nation’s largest banks. This is one more decision about how an illegal foreclosure process continues to wreak havoc on the economy and on the lives of millions of property owners who have lost property in foreclosures to banks that had no illegal right to foreclose. Read more
Sphere: Related ContentTags: bank and money, bank mortgages, foreclosure help, foreclosure ruling, foreclosure solutions, mortgage foreclosure, mortgage foreclosures, real estate owner, real estate owner finance, real estate owner financing, real estate owners, real estate ownership, Supreme Judicial Court of Massachusetts, US Bancorp, Wells Fargo & Co
A Ruling Against Bank Foreclosures Reveals A Dirty Secret Bankers Don’t Want Real Estate Owners To Know
By Kalinda Rose Stevenson, Ph.D.
The true story about bank mortgages is that many of the mortgage foreclosure actions taken by banks have been illegal, for the simple reason that the banks were not the holders of the mortgages at the time of foreclosure.
The Supreme Judicial Court of Massachusetts issued a unanimous decision about two cases, which reveals the dirty secret that millions of home owners are losing property in foreclosures by banks that have no legal right to foreclose.
“Wells Fargo and U.S. Bancorp lacked authority to foreclose after having “failed to make the required showing that they were the holders of the mortgages at the time of foreclosure,” Justice Ralph Gants wrote for the Massachusetts court” (Banks lose important ruling on foreclosures).
If you are a real estate owner facing foreclosure, this ruling is one more reason to challenge the right of the bank to foreclose.
Find out why you have more options than losing your property to illegal mortgage foreclosures at Mortgage Debt Reset.
[post cross-published on No Money Limits]
For Your Financial Success
Dr. Kalinda Rose Stevenson
The Story Transformer
Creator of “The Story Transformation Process”
Sphere: Related Content
Tags: bank and money, bank mortgages, foreclosure help, foreclosure ruling, foreclosure solutions, mortgage foreclosure, mortgage foreclosures, real estate owner, real estate owner finance, real estate owner financing, real estate owners, real estate ownership, Supreme Judicial Court of Massachusetts, US Bancorp, Wells Fargo & Co
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