Delayed Standing Defense Can't Upset Foreclosure: NJ Court

Law360, New York (November 14, 2012, 9:12 PM EST) -- A New Jersey appeals court ruled Wednesday that a homeowner couldn't use standing arguments to disrupt a foreclosure decision after excessive delay, adding that a foreclosure judgment won by a party that lacked standing isn't necessarily “void” under the meaning of a key court rule.

Based on rulings in other foreclosure-related cases, the Appellate Division of New Jersey Superior Court found that, even if defendants Conrad and Irene Russo were correct that Deutsche Bank National Trust Co. didn't have the note or a valid assignment until...
To view the full article, register now.