NJ Courts join national trend: dismissing foreclosures for failure to produce mortgage note.

Both state and federal bankruptcy judges in New Jersey have recently dismissed residential foreclosure actions where the lender could not produce the actual mortgage note in a timely fashion. I am looking forward to reading the cases in more detail – it appears there should be help for distressed homeowners here. If any attorneys out there could use research on this point, I’m about to do it anyway.

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