Doesn't the note have to be endorsed whenever the loan is transferred?

No, the note does not have to be endorsed when the loan is transferred, though that seems to be the most common practice these days. If there is...

If a house goes in foeclosure and sells for less than what's owned on it, do we have to pay the balance

Mr. Halpern and Mr. Fazzio are both correct. In addition, if your case has only recently been filed, you still have time to explore other viable...

What claim does BoA have to my home since Taylor Bean & Whitaker have gone bankrupt and they could not produce the wet note?

Florida is a judicial foreclosure state. As a result, you continue to own your home until there is a court-ordered sale and a Certificate of Title...

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How is a Deficiency in Foreclosure Determined?

You state that the property will "still be valued in an appraisal at more than is owed." While that may be true, the actual value of commercial...

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Are there any defenses which can slow the motion to show cause process in a Florida 702.10 foreclosure giving me time in home?

I agree with Mr. Miller, you need to consult with and consider retaining local foreclosure counsel immediately. For those not familiar with the...

Can One Raise the Defense of Fraud if They Have Proof that a Bank Had Robo-Signed Documents in a Foreclosure Complaint?

If you wish to keep your home then you will need to develop a strategy, hopefully with counsel of your choice, that will allow you to do so. ...

I am interested in a Pre-Foreclosure home in Florida. Can i make an offer to the court?

Florida is a judicial foreclosure state. This means that the legal process must proceed to a court sale via a foreclosure suit filed in civil...

I owned a property in Florida a few years ago that went into foreclosure, now they're after my UK home. Can they take it?

It is legal for the lending bank to be the high bidder at the foreclosure sale. At most of these sales the home is worth far less than the amount...

Got served with a foreclosure summons; answered within the 20 day window, two days to go. I'm thinking of using discovery and..

You are correct that discovery needs to be served sooner rather than later. If you wait until after the motion for summary judgment is served you...

The foreclosure filed against me in August 2010 has been mostly inactive since January 2012.

As others have pointed out, the fact that you filed an answer will prevent a default. However, filing an answer and serving discovery, standing...