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Published on Jan 8, 2011
Attorney Carl Person discusses a 1/7/11 Massachusetts unanimous decision that may affect foreclosures nationwide, in U.S. Bank National Association v. Ibanez. The court refused to award US Bank and Wells Fargo clear title to the foreclosed properties because the mortgage assignments to the foreclosing parties had not taken place prior to the required Notice of Fo-reclosure to the homeowners or prior to the banks' sales of their homes. The Court held that strict compliance is required or the sale is void. For a searchable copy of the decision, go to http://carlperson.com/ibanez_decision...