Homeowners in Foreclosure are Demanding the Bank to Produce the Note

Ginny Mees posted important information for all homeowners facing forclosure on SingleWomanHomeowner.com.

It seems with all repackaging and reselling of loans over the last few years, banks are having a hard time locating the original loan documents. The courts have ruled that homeowners in foreclosure have the right to demand that the bank produce the original documnets with the borrowers signature to prove that the bank indeed owns the note and has the right to foreclose.