1st Circuit Finds Mortgage Assignment Was Proper, Lender Had Power To Foreclose

Mealey's (April 22, 2020, 12:15 PM EDT) -- BOSTON — A federal magistrate judge in Massachusetts did not err when granting a motion for judgment on the pleadings filed by the lender and loan servicer of a woman’s mortgage, a First Circuit U.S. Court of Appeals panel ruled April 17, holding that the lender had statutory authority to execute a foreclosure sale because it was properly assigned to the loan (Edythe Dyer v. Wells Fargo Bank N.A., et al., No. 15-2421, 1st Cir., 2020 U.S. App. LEXIS 12331)....