Florida Appeals Court Ruled Lenders Can’t Claim Rents During Foreclosure

Law360 (June 27, 2018, 10:13 PM EDT) — A Florida appeals court ruled Wednesday that a property owner who was not a party to the original mortgage does not have to hand over rents collected from the property to a lender during foreclosure proceedings. Florida’s Second District Court of Appeal reversed an order allowing lender Residential Credit Opportunities Trust to sequester rents collected by Green Emerald Homes LLC on a property in Riverview, Florida, that was bought at a homeowners’ association sale. The original mortgage on the property states that the “borrower” assigns all…

DON’T LET THE BANKS TRICK YOU!

Get the FACTS & Evidence to win the legal remedy that you deserve today.

get-started-now

For information on foreclosure defense call us at 573-292-1280. We offer litigation support, admissible evidence, expert witness testimony, education, training, and support in all 50 states to attorneys and pro se homeowners.

Fraudstoppers PMA

Feel free to connect with us . . .

Address: Birch Tree MO 65438 Phone: 573-292-1280 Email: Info@FraudStoppers.org

Fraud Stoppers Logo

DISCLOSURE: NOTICE OF Copyright © 2017 FRAUD STOPPERS, FRAUD STOPPERS PMA. THIS SITE IS NOT INTENDED TO BE MISCONSTRUED AS LEGAL ADVICE. Legal Information is NOT Legal Advice: This site provides “information” that is only designed to help users safely cope with their own general legal needs. Legal information is NOT the same as legal advice — the application of law to an individual’s specific circumstances. FRAUD STOPPERS is a National Private Members Association (PMA). PLEASE TAKE NOTICE OF THE FOLLOWING MARS Disclosure[s] 12 C.F.R. 1015.: (1) FRAUD STOPPERS PMA is NOT Affiliated with any Government Agency or Any Bank Lender; (2) Even if YOU Accept any of  FRAUD STOPPERS PMA Products or Services Your Lender May Choose to NOT Change Your Loan.  FRAUD STOPPERS products and services are only available to Active Members of the FRAUD STOPPERS PRIVATE MEMBERS ASSOCIATION. To join FRAUD STOPPERS PMA click here: https://fraudstoppers.org/members-only/

Spread the love
Yum