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Appeals court hears challenge to standing in US Bank foreclosure
Appeals Court Oral Arguments · February 10, 2026
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Summary
Defendant's counsel argued that US Bank and trustees lack a financial stake in the mortgage and that a photocopied endorsement and broken assignment chain undermine standing; plaintiff's counsel said housing-court statutory affidavits and deeds generally satisfy the burden in possession actions.
Appellant Mark O'Brien told the court that corporate filings and SEC-type disclosures indicate US Bank has "no financial interest" in the mortgage at issue and that securitization and assignment practices raise genuine questions about whether the plaintiff held the note at the time…
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