Local judges get tough on foreclosure documents. http://bit.ly/hBBHBc
Removing PDF metadata & document markups using Acrobat. http://bit.ly/h6h1xY
( Thom Weidlich – Bloomberg.com) — U.S. Bancorp and Wells Fargo & Co., in a ruling that drove down bank stocks, lost a foreclosure case before Massachusetts’s highest court that will guide lower courts in that state and may influence others in bank disputes involving state real-estate law.
The state Supreme Judicial Court yesterday upheld a judge’s decision saying two foreclosures were invalid because the banks didn’t prove they owned the mortgages, which he said were transferred into two mortgage-backed trusts without the recipients’ being named.