How to Make the Lender Produce the Promissory Note

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How to Make the Lender Produce the Promissory Note – This is a place for the community to provide tips and advice on How to Make the Lender Produce the Promissory Note. This topic was created by Julie Tilley and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - "Produce the Note" Defense in Foreclosure | Nolo.com

Published: 9 years ago | Submitted by yarin | permalink

In the "produce the note defense," the homeowner demands that the foreclosing bank demonstrate that it has the legal right to foreclose.

For further reading: http://www.nolo.com/legal-encyclopedia/produce-the-note-defense-foreclosure.html ^[1]

Tip 2 - Foreclosure Defenses: Was There a Proper Assignment of the Mortgage? | Nolo.com

Published: 9 years ago | Submitted by Jaimz | permalink

If your mortgage has changed hands since you first took it out and the foreclosing bank doesn't have a valid assignment of mortgage, you may be able to challenge the foreclosure.

For further reading: http://www.nolo.com/legal-encyclopedia/foreclosure-defenses-was-there-proper-assignment-the-mortgage.html ^[2]

Tip 3 - Can a Lender Still Enforce a Debt Without the Promissory Note?

Published: 9 years ago | Submitted by Alton Loe | permalink

When you take out a mortgage, or any other kind of loan, the law requires you to sign a document that signifies your agreement to repay the money. The promissory note represents a binding legal ...

For further reading: http://smallbusiness.chron.com/can-lender-still-enforce-debt-promissory-note-66593.html ^[3]

Tip 4 - Show Me The Note Baby | on WordPress.com

Published: 9 years ago | Submitted by amy lieberg | permalink

Show Me the Note Baby! To recover on a promissory note, the plaintiff (the Lender in the case of foreclosure) must prove: (1) the existence of the note in question; (2) that the party sued signed the note; (3) that the plaintiff is the owner or holder of the note in due course; and (4)…

For further reading: https://lvattorneyma.wordpress.com/show-me-the-note-baby/ ^[4]

Tip 5 - How to Get Copies of a Mortgage Deed or Promissory Note | eHow

Published: 9 years ago | Submitted by andreas ellinas | permalink

During a mortgage closing, you will sign a mortgage deed conveying ownership interest in the home to the lender and a promissory note stating that you will repay the loan according to the lender’s terms. The lender usually holds the promissory note until you repay the loan, unless there is a transfer or assignment of mortgage. The mortgage...

For further reading: http://www.ehow.com/how_12047463_copies-mortgage-deed-promissory.html ^[5]