MFI-Miami Clients

MFI-Miami Clients Win Even With Having A Putz For A Lawyer

lady_justiceMFI-Miami clients Traci and Germaine Gales won’t be forced out of their home anytime soon. I was able to prove that the plaintiff suing them for foreclosure lacked legal standing to foreclose.

First of all, I argued First Franklin Mortgage Loan Trust 2005-FF1 (the plaintiff) lacked standing because the note was not endorsed properly. The Plaintiff provided no evidence to show they had possession of the original note when they filed the complaint. The closing date is specified as 2/24/2005 in the Trust. Mortgage assignment was not recorded until April of 2011.

I also argued that First Franklin did not record the mortgage assignment on the public record prior to the closing date. Paperwork transferring the mortgage and note must be completed before the closing date.

The Appellate Division of the New York Supreme Court agreed with MFI-Miami. The court ruled the plaintiff lacked standing. The court found the plaintiff did not hold the note at the time the case was filed. The court reversed the ruling from the Rockland County judge.

Now, the plaintiff has to re-initiate the foreclosure action. That is assuming Plaintiff can prove they have possession of the original note.

MFI-Miami was hired by the Gales two days prior to the foreclosure auction.

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