Fla. High Court Leaves Robosigning Crisis Up In The Air

Law360, Miami (February 13, 2013, 8:02 PM EST) -- The Florida Supreme Court missed an opportunity to address the robosigning crisis in a recent ruling that allows banks to avoid facing sanctions for possibly fraudulent foreclosure proceedings by voluntarily dismissing the actions, foreclosure defense attorneys say.

The high court acknowledged the problem of fraud in foreclosure proceedings, but said in a narrow ruling Feb. 7 that the court said the state's rules of civil procedure bar judges from reinstating a foreclosure proceeding that may have been voluntarily dismissed because of allegedly fraudulent actions if the...
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