New Jersey foreclosure reversed: Reason, lack of standing!

By | January 30, 2011

Standing to foreclose rears it’s head, this time in New Jersey

In what seems to be playing out more and more often, an already decided foreclosure, this time in New Jersey was reversed because the foreclosing lender, Wells Fargo, could not prove that it had the standing to foreclose. The decision came down on Friday in the Appellate Division of the Superior Court.

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