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August 1, 2008

Cancel that Mortgage!: Bankruptcy Lawyers Get Wise

1 Comment / CDO, Eviction, foreclosure, GTC | Honor, Mortgage / By

Cancel That Mortgage: The Grounds By L. Jed Berliner, Springfield Bankruptcy Attorney on Jul 31, 2008 in Consumer Protection, Massachusetts, Mortgages, Predatory Lending Mortgages can be cancelled in a process called rescission. Here’s an overview. Grounds for exercising this right given borrowers by Congress are found in problems with the mortgage closing documents for a …

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FORECLOSURE DEFENSE: MEMO ON SINGLE TRANSACTION — DISCUSSION AT WORKSHOP IN SANTA MONICA

1 Comment / CDO, currency, Eviction, foreclosure, GTC | Honor, Mortgage / By

In the homeowner’s war, the battlefield is taking shape, A prime area of engagement is whether the securitization process represents a series of independent transactions (lender’s position) or that all the transactions should be aggregated (BORROWER’S POSITION) and treated as a single transaction. For reasons explained more fully below, it is our opinion that the …

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