Borrower Lacked Standing To Challenge Mortgage Loan Assignment, Panel Rules

Mealey's (July 8, 2022, 1:52 PM EDT) -- ATLANTA — A federal district court did not err in dismissing a borrower’s wrongful foreclosure claim against his loan servicer because the borrower lacked the necessary standing to challenge the validity of the assignment of his mortgage and home equity line-of-credit (HELOC) to the servicer, an 11th Circuit U.S. Court of Appeals panel ruled on July 1 in affirming....