It’s Alive! | Florida Supreme Court to take on PINO V. BANK OF NEW YORK to Answer “A Question of Great Public Importance”
In a split ruling likely to send shivers through the mortgage banking community, the Florida Supreme Court ruled Thursday that it will hear a case involving alleged “robo-signing” by a major mortgage lender even though parties in the individual case settled and asked that the case be dismissed.
In a 4-3 ruling, the state’s highest court said it will take up a case pitting a Palm Beach County homeowner against the Bank of New York Mellon even though the parties in July asked that the case be dropped.
Check out the decision below…