2nd Circuit Finds Lender Lacked Standing To Foreclose, Vacates Judgment

(December 28, 2017, 1:25 PM EST) -- NEW YORK — After finding that a lender lacked standing to foreclose on a property, the Second Circuit U.S. Court of Appeals on Dec. 21 vacated a district court’s decision granting summary judgment for the lender and remanded the case for further proceedings (Gustavia Home LLC v. Robert R. Rutty, et al., No. 17-345, 2nd Cir., 2017 U.S. App. LEXIS 26521)....

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