Nationstar Mortgage LLC v. Missirlian

Illinois Appellate Court
Civil Court
Mortgage Foreclosure
Citation
Case Number: 
2017 IL App (1st) 152730
Decision Date: 
Friday, February 10, 2017
District: 
1st Dist.
Division/County: 
Cook Co., 5th Div.
Holding: 
Reversed and remanded.
Justice: 
LAMPKIN

In a mortgage foreclosure action, a mortgage assignee's lack of a license to conduct business of residential mortgage lending was not a basis to invalidate the assignment. Thus, court erred in concluding that assignee lacked standing to pursue foreclosure, denied confirmation of foreclosure sale, and dismissed foreclosure action. (HALL and REYES, concurring.)