1. Possession of the Original Mortgage Note – The mortgage lender must be in possession of the original mortgage note to foreclose, hence the term “Produce the Note”.
2. Holder in Due Course – If a mortgage lender is not a holder in due course it can be challenged that they have no standing to foreclose.
3. Improper Mortgage Assignment – Over 60 million mortgages were assigned by MERS (Mortgage Electronic Registration Systems, Inc) authority to transfer mortgage notes can be challenged to prevent foreclosure.
4. Objection to Creditor – Mortgage lenders will often not foreclose in their own name and not reveal the identity of the true creditor which can be challenged to Stop Foreclosure.
5. Validation of Debt – Demand that the mortgage lender validate debt to have a right to foreclose.
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