Florida Court Sides with Bank in Key Mortgage Liability Case

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action by U.S. Bank or counsel interfered with the court’s ability to manage this case in accordance with rule 2.545(b), Florida Rules of Judicial Administration. Even if the court correctly found that U.S. Bank or counsel had engaged in sanctionable delay tactics, the court had no need to resort to its equitable powers to

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If the court finds that the foreclosed property was worth more than the note balance on the sale date, the court will not give the mortgage lender a deficiency judgment against the borrower. A 2013 Florida statute gives the mortgage lender one year after the foreclosure sale to file a motion for deficiency.

On the liability side of the balance sheet. optimistic about future loan production and growth on both sides of our balance sheet, given our current pipeline, markets, talent in our core bank,

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If the court finds that the foreclosed property was worth more than the note balance on the sale date, the court will not give the mortgage lender a deficiency judgment against the borrower. A 2013 Florida statute gives the mortgage lender one year after the foreclosure sale to file a motion for deficiency.

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