A new opinion was just released from Florida 2nd DCA. It is a very bad decision for homeowners. The DCA is completely ignoring UCC and ruled that an allonge does not have to be affixed to the note. That's unbelievable. This need to go to the supreme court.
Stone argues that the allonge indorsed in blank was invalid
because it was not affixed to the original note, but this argument carries no weight in
light of Fallman's testimony demonstrating that BankUnited acquired ownership of the
note and mortgage through the purchase assumption agreement.