While the foreclosure mess seems to be spiraling out of control, a Tampa attorney has devised a legal strategy brilliant for its simplicity. The Dayton Daily News published a good summary of the events unfolding in Tampa.
Attorney Chris Hoyer tells homeowners to ask the bank to produce the original mortgage note. As mortgages were sold and resold over the last decade, paperwork shifted from one bank to another and could easily be lost in the shuffle.
Attorneys are divided as to whether this will help property owners keep homes or merely delay the inevitable. Either way, the delay can be invaluable to homeowners scrambling to get finances in order. Could 'Produce the Note!' become the 'Remember the Alamo' of the financial mess?
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1 comment:
Nice post. I live in Tampa and know one person he helped, and it actually worked. This site has all the videos they have done. Watch all the videos here:
http://tinyurl.com/bozo2d
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