I advise anyone in a foreclosure proceeding where the mortgage has changed hands since it was originated to investigate this possibility.
Exactly. Huge under reported issue going on here. Because of the chaos of the last 2 years banks have lost track of their paper. My sister who is a municipal clerk clued me into this months ago, and there was a story last week on FR how deadbeat homeowners were awarded the home because the bank couldn’t prove the lineage of the note.
If this goes viral a lot of dirtbags are going to be awarded free homes