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Home / Opinion Digests / Mortgagee lacks standing to challenge assignment (access required)

Mortgagee lacks standing to challenge assignment (access required)

Although the Virginia Supreme Court has never “squarely” addressed whether a borrower lacks standing to challenge the securitization and assignment of his home mortgage, the court’s numerous decisions support that conclusion. Background In 2003, Timothy P. Flinn, a Virginia resident, entered into a mortgage that was evidenced by a note and secured by a deed of trust ...