Panel Holds Bank Lacked Standing To Foreclose, Reverses Judgment

Mealey's (June 4, 2019, 2:02 PM EDT) -- MILWAUKEE — A Wisconsin appeals court on June 4 reversed a trial court’s decision granting summary judgment for a bank, holding that the lender failed to establish that it holds a borrower’s note and had standing to bring a foreclosure action against her (HSBC Bank USA, National Association as Trustee for Structured Asset Securities Corp. MGT. Pass-Through Certificate, Series 2004-SCI v. Patricia R. Stewart-Martin, No. 2018AP833, Wis. App., Dist. 1, 2019 Wisc. App. LEXIS 306)....