866-216-4126

September 24, 2008

Lehman Bankruptcy Affects Many Entities: Get involved and file your objections or your defenses may be waived when they sell the assets

6 Comments / CDO, currency, Eviction, foreclosure, GTC | Honor, Mortgage / By

lehman-web-of-originators-servicers-and-depository-institutions Dear Neil; Good News, Pro Bono:  I have been contacted by a local law firm that is contemplating within the next several weeks to motion the Lehman Bankruptcy Courts to Appoint a Borrowers Committee for all borrowers who are otherwise unrepresentative in the Lehman Bankruptcy!  This is very good news! The law firm will …

Lehman Bankruptcy Affects Many Entities: Get involved and file your objections or your defenses may be waived when they sell the assets Read More »

CALIFORNIA ASSIGNMENTS MUST BE RECORDED

12 Comments / CDO, Eviction, foreclosure, GTC | Honor, Mortgage / By

FROM TIM MCLANDLESS Most all foreclosures in California can be set aside. The power of sale by non judicial means is contained in the civil code 2932. In order to be valid the assignment must be recorded California civil code 2932.5. Most all notices of default recorded by the “Sub-Prime” lenders have not recorded an …

CALIFORNIA ASSIGNMENTS MUST BE RECORDED Read More »

FROM FAQ: New Entry – UNAUTHORIZED ASSIGNMENT

3 Comments / CDO, Eviction, foreclosure, GTC | Honor, Mortgage / By

QUESTION: I have an interesting problem with a foreclosure action that was just brought to my attention. The borrower went into default in August of 2007. The “lender” on the note and mortgage was Countrywide Home Loans, Inc. The mortgage had the usual MERS language. Countrywide was kept on as servicer. The borrower went into …

FROM FAQ: New Entry – UNAUTHORIZED ASSIGNMENT Read More »

Scroll to Top