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CitiMortgage Must Face Class Action for False notarization of Documents in Foreclosures

Livinglies's Weblog

Where is the prejudice in requiring the foreclosing party to prove its case with facts raather than presumptions?

There are two big takeaways: (1) Courts are getting more curious about what really happened in the mortgage meltdown and (2) this is one more example of how the TBTF banks are not entitled to any legal presumptions regarding their documents.

Research always shows that a fact is presumed in certain cases — but only in the absence of questions about the credibility of the party who proffers a document from which the legal presumption arises.

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