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Case Nos. 2011-1201/2011-1362 Federal Home Loan Mortgage Corp. v. Duane Schwartzwald et al.

 
 
 

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Supreme Court of Ohio

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Must Lender Have Current Ownership Interest in Promissory Note or Mortgage at the Time Foreclosure Action Is Filed?

Or May Lack of Standing Be 'Cured' Through Mortgage Assignment Before Judgment?

Federal Home Loan Mortgage Corp. v. Duane Schwartzwald et al., Case nos. 2011-1201 and 2011-1362
Second District Court of Appeals (Greene County)

ISSUE: If a party files a lawsuit to foreclose on a mortgage and it is later shown that party did not have a current ownership interest in the mortgage or the underlying promissory note on the date the foreclosure action was filed, is the court required to dismiss the suit based on the plaintiff’s lack of standing to bring it? Or may the plaintiff “cure” a defect in standing or in na... [ More ]
 
 
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Date : 04-04-2012     View : 5,744 Views     Duration : 00:43:02     Size : 195.5 MB    
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