Chris McIvor

Blog Bite: Can A Promissory Note Holding Mortgagee Commence Foreclosure Action?

May 15, 2018

This article posted on our partner site Mondaq.com discusses the Wisconsin case RMS Residential Properties, LLC v Anna M. Miller in which the court decided that possession of a promissory note raises a rebuttable presumption that the holder of the note is the owner of the debt evidenced by a mortgage, and able to commence a foreclosure action on the mortgage. For more details reagarding this case and foreclosure standing claims, click the link above.

Promissory Note

Written by Chris.