Daily Business Review –
No note? No problem — at least for JPMorgan Chase N.A. in a foreclosure trial.
But the Third District Court of Appeal reversed the final judgment granted without “any document or other evidence to establish its foreclosure action.”
The bank triumphed in a bench trial after filing to foreclose on a condominium at 7910 Harbor Island Drive in North Bay Village in 2013.
The borrower, Angel Enrique Abreu, received $263,250 in July 2008 on a note that set an interest rate of 7.625 percent and monthly payments at about $1,863.
All the Washington Mutual Bank (WaMu) loans have this problem that are were a part of the 1.3 million FHA, Dept of VA & USDA loan that were in the Ginnie Mae Mortgage Backed Securities! Wells Fargo Bank used forgeries to illegally foreclosed and violated the 4th Amendment Rights of all the WaMu loans foreclosed after Sept 25, 2008 the day the bank died!