PRETEND THAT A LEGISLATIVE BODY, I.E., CONGRESS, PASSES A LAW THAT SAYS:
FOR A PARTY TO FORECLOSE ON PROPERTY, THE PARTY MUST OWN OR HOLD THE ORIGINAL NOTE AND THE ORIGINAL MORTGAGE.
NOW, PRETEND THAT AN APPEALS COURT RULES THAT IT IS UNNECESSARY TO HAVE THE ORIGINAL MORTGAGE; ALL THAT IS REQUIRED IS TO SHOW POSSESSION OF THE NOTE. (THEY MAY EVEN DECIDE IT IS UNNECESSARY TO BE IN POSSESSION OF THE ORIGINAL MORTGAGE. A COPY WILL DO JUST FINE.
SURELY, FORECLOSING ATTORNEYS ARE GOING TO CITE THIS APPEALS COURT RULING IN THEIR CASES WHEN APPROPRIATE TO DO SO.
MY QUESTIONS ARE: HAS THE APPEALS COURT RULING CHANGED THE LAW?
HOW WOULD I ARGUE IN COURT USING THE ORIGINAL LAW WHEN THE APPEALS COURT HAS EFFECTIVELY DISMANTLED THE LAW BY THEIR RULING? (I HAD A JUDGE TELL ME THAT THE PLAINTIFF ONLY NEEDED TO SHOW THE NOTE, AND THAT THEY DID NOT NEED TO HAVE THE MORTGAGE.)
WOULD I JUST PRESENT THE LAW AND TELL THE JUDGE, THE LAW REQUIRES FORECLOSER TO HAVE BOTH THE NOTE AND THE MORTGAGE?
THANKS,