A mortgagor can use a quiet title action to call into question prior loans on the property by banks who allegedly used the practice of "robo-signing" to quickly process foreclosures, a New Jersey appeals court says.
November 07, 2013 at 03:31 AM
1 minute read
A mortgagor can use a quiet-title action to call into question prior loans on the property by banks who allegedly used the practice of “robo-signing” to quickly process foreclosures, a New Jersey appeals court says.
The Nov. 4 precedential ruling in Suser v. Wachovia Mortgage is a potential blow to the standing of Deutsche Bank, an assignee of the mortgage, to enforce it.
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