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Foreclosure ruling irks banks


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2011 Oct 21, 10:59am   1,004 views  0 comments

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http://www.palmbeachpost.com/money/foreclosures/foreclosure-ruling-irks-banks-1919670.html

"WEST PALM BEACH — An appeals court ruling in favor of Wellington homeowners in foreclosure is causing "calamitous confusion," according to bank attorneys who say it could snarl hundreds of thousands of pending foreclosure cases.

"The bank is asking for a rehearing and clarification of the Sept. 7 decision by the 4th District Court of Appeal, which said a foreclosure affidavit submitted by a bank employee was hearsay because the person relied on computerized information and did not have personal knowledge of the case."

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