“Many foreclosure proceedings have been marred by the use of invalid assignments of notes and mortgages, often by “robo signing.” “
Promissory Note Fraud | Bondi Capitulates, Admits Promissory Note Transfers Invalidated by Fraud
It’s right there in black and white Folks (page 2 document below). Maybe a lawyer could pipe up to let us know if this strikes at the heart of negotiability of promissory notes, invalidating them?
In a concise motion submitted by Bondi herself to Florida’s Fourth District Court of Appeals, Bondi became the nation’s first law enforcement officer to concede that not only are fraudclosure assignments of mortgage fraudulent and invalid, but so are the promissory notes’ assignments (meaning endorsements and allonges).
Many foreclosure proceedings have been marred by the use of invalid assignments of notes and mortgages, often by “robo signing.”
WOW! What a change of heart!
Never in a million years would I have predicted Pam Bondi would lead the pack by laying out the promissory note fraud, which invalidates the notes as negotiable instruments.
Thank you Pam!
[scribd id=76788271 key=key-52dh3fqslt3dvb2sm6n mode=list]