Foreclosures

736 to 309, Now that’s a Writ Off

The House of Representatives will vote on a dangerous bill, H.R. 5082, called the Practice of Law Technical Clarification Act of 2018 sponsored by Reps. Alexander Mooney (R-W.Va.) and Vicente Gonzalez (D-Texas).

Texas 2nd Appellate District Court affirms in part and Denies in part – pertaining to Writ Of Possession in Foreclosure

Concerning the traditional summary judgment from BNYM’s counterclaims, the De La Garzas said there is still conflicting evidence in this matter. They allege BNYM wasn’t authorized to foreclose on the home because the documents from BNYM’s rule 736 application and motion for summary judgment don’t prove the promissory note was assigned or transferred to the bank. BNYM argued a party can still foreclose even if it doesn’t serve as the note holder.

 

“Although a nonjudicially foreclosing mortgagee need not demonstrate ownership of a note in order to defeat a mortgagor’s standing challenge and although BNYM may have established that it is the mortgage under chapter 51 for purposes of a nonjudicial foreclosure, this does not necessarily entitle BNYM to a rule 309 judgment for a judicial foreclosure.” Sudderth wrote.

Since BNYM requested a rule 309 judgment for judicial foreclosure instead of an order for a nonjudicial foreclosure and trustee’s sale via chapter 51 of the property regulation, the rules of chapter 51 that oversee nonjudicial foreclosures are irrelevant. Therefore, BNYM didn’t properly prove its argument, so the court agreed with the De La Garzas on this issue.

The court also subsequently determined the lower court erred when it OK’d BNYM’s ask for a judgment of writ of possession.

Read the full article 

Copyright – setexasrecord.com

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Laws In Texas is a blog about the Financial Crisis and how the banks and government are colluding against the citizens and homeowners of the State of Texas and relying on a system of #FakeDocs and post-crisis legal precedents, specially created by the Court of Appeals for the Fifth Circuit to foreclose on homeowners around this great State. We are not lawyers. We do not offer legal advice. We are citizens of the State of Texas who have spent a decade in the court system in Texas and have been party to during this period to the good, the bad and the very ugly.

Donate to LawsInTexas. Make a Difference.

Subscribe to Our Newsletter

We keep your data private and share your data only with third parties that make this service possible. See our Privacy Policy for more information.

© 2020-21 LawInTexas com is an online trading name which is wholly owned by Blogger Inc., a nonprofit 501(c)(3) registered in Delaware. | All Rights Reserved.

To Top