Investigator Bill Paatalo: Nationstar Conducts “Bulk Note Sales” Without The “Notes?”
Originally Posted by Bill Paatalo on Oct 26, 2017 at www.bpinvestigativeagency.com In 2013, investors in six “RALI Series” Trusts filed a complaint in New York against their Master Servicer (Nationstar Mortgage, LLC) for conducting “Bulk Note Sales” of non-performing loans owned by the trusts for its own benefit; specifically to recoup upwards of a billion-dollars …
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