Luiz v. Lynx Asset Services, LLC

Appellant, David Luiz, appeals the trial court’s order granting Final Judgment of Foreclosure in favor of Appellee, Lynx Asset Services (“Lynx”), arguing that Lynx failed to establish standing at the time suit was filed. We agree and reverse.

The original plaintiff, Liquidation Properties, Inc. (“Liquidation”), filed the underlying mortgage foreclosure suit against Appellant on June 9, 2009. In its complaint, Liquidation alleged that it “owns and/or holds” the note and mortgage. However, the complaint also contained a second count for reestablishment of promissory note. Attached to the…