Yet another Boot Camp graduate in the news. Via the Edmonton Journal, Dan Levine explains yet another case of robo-signers and quotes our very own Debra Voltz-Miller.
Because EverHome couldn’t demonstrate a clear right to enforce the loan, a trial may be necessary to sort out control of the mortgage.
If EverHome cannot prove its rights at trial, it could be reduced to the status of an unsecured creditor, said lawyer Debra Voltz-Miller, who represents the Koontzes. That would drastically reduce the amount it could collect on the loan.