Written by AXJ USA HOMEOWNERS, updated May 19, 2015
Homeowners across the USA are organizing and filing Qui Tam Class Actions on behalf of the US Government against lenders and servicers in Federal Courts. The idea is working as Injunctions against all foreclosures have been granted in States such as Florida. This puts an automatic stay on any and all foreclosures in the State while the banks and servicers must prove to the Court that they did in fact own the promissory note ( the debt ) and the deed of trust ( mortgage ) at the moment of filing the Notice of Default ( NOD ). If not then it is considered to be a wrongful and unlawful foreclosure and therefore null and void ab initio.