Monday, October 24, 2011

Bankster Bellyaching Continues Over Adverse Florida Ruling Requiring Valid Affidavits To Proceed With Foreclosure

In West Palm Beach, Florida, The Palm Beach Post reports:

  • An appeals court ruling in favor of Wellington homeowners in foreclosure is causing "calamitous confusion," according to bank attorneys who say it could snarl hundreds of thousands of pending foreclosure cases.


  • The bank is asking for a rehearing and clarification of the Sept. 7 decision by the 4th District Court of Appeal, which said a foreclosure affidavit submitted by a bank employee was hearsay because the person relied on computerized information and did not have personal knowledge of the case.


  • The lack of personal knowledge of foreclosure documents is the foundation of the robo-signing controversy that continues to delay foreclosure proceedings.

For more, see Foreclosure ruling irks banks.

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