No Standing | New York Fraudclosure “Trick” and “Scam”, Magically Appearing Endorsement by Wells Fargo
The McNee case was great.
The bank wanted to voluntary dismiss the action, we said no chance and moved for sanctions. Then they used the new trick I spoke about when I was in Florida as the latest bank scam – the indorsed in blank note. They claimed the bank had this note since 2006 indorsed in blank. However, the note attached to the summons and complaint wasn’t stamped. Neither was the note filed in the bankruptcy by the bank. The bank claimed since they were the holder as custodian for the trust and servicer they had standing. The judge denied their motion for summary judgment and dismissed the complaint [my note – a judicial dismissal has different implications than a bank voluntary dismissal].
Robert E. Brown, Esq.
Law Offices of Robert E. Brown, PC
New York (212) 766-9779