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Real Estate & Property Law

: The Home Equity Theft Reporter

NC Appeals Court: Lender's Failure To Provide Sufficient Evidence That It Was "Holder" Of Promissory Note Precludes Foreclosure

By r morris

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Another trial court screw-up in a foreclosure action was recently reversed - this time by the North Carolina Court of Appeals, which ruled that a lender seeking to foreclose on a mortgage had failed to properly provide sufficient competent evidence that it was the holder of the promissory note secured by the mortgage. Accordingly, it ruled that the lender was not entitled to go forward with a

Full post as published by The Home Equity Theft Reporter on June 07, 2010 (boomark / email).

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