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October 22, 2008

Foreclosure Defense and Offense: USURY

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

It is a central point of the discussion on securitization that usury lies at the heart of every claim. Unfortunately many states have eliminated usury laws but still maintain maximum interest laws, which can be used to state that the loan violates the state law on the maximum interest that can be charged. While the …

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FORECLOSURE OFFENSE AND DEFENSE — GO DIRECTLY AFTER LENDER ATTORNEY: TEXAS LAW ON COLLECTION OF DEBT PROBABLY HAS TEETH IN OTHER STATES

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

GOOD COMMENT FROM AngellaMorning@aol.com THIS IS SIMILAR TO THE NOTICE TO TRUSTEE AND NOTICE OF NON-COMPLIANCE FOUND ON THE BLOG. THE ATTORNEY IS SUPPOSED TO PERFORM DUE DILIGENCE. IF HE/SHE DID, THEN HE/SHE WOULD KNOW THAT THE FACTS ARE NOT QUITE AS SIMPLE AS THE DEMAND LETTERS, NOTICES OF DELINQUENCY, NOTICES OF DEFAULT AND FORECLOSURE …

FORECLOSURE OFFENSE AND DEFENSE — GO DIRECTLY AFTER LENDER ATTORNEY: TEXAS LAW ON COLLECTION OF DEBT PROBABLY HAS TEETH IN OTHER STATES Read More »

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