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Tonight! Interview with James Ackley Part 2: The pitched battle for control of the narrative in foreclosure litigation 6PM EDT 3PM PDT

Oct 7, 2021

Thursdays LIVE! Click in to the Neil Garfield Show

Tonight’s Show Hosted by Neil Garfield, Esq.

Call in at (347) 850-1260, 6pm Eastern Thursdays

In the last show, we talked generally about how the promissory note morphs from a promise to pay a debt into a security that is simply an agreement between someone who does not own the debt and someone who will get paid because of a securities scheme.
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As James tells it the note is transformed into a security that is essentially irrelevant in any current foreclosure case because that certificate is not and cannot be secured by a mortgage — at least not one from a homeowner. I would add that current law requires, as a condition precedent, that the claimant has paid value for the underlying obligation, assuming there is one. See Article 9 §203 UCC, adopted in all U.S. jurisdictions verbatim.
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I asked James to come back tonight because he is on the front line of litigation and as a competent trial attorney, he knows a lot about the frustrating pitched battles in foreclosure cases. Welcome back James and thanks for coming back.
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So just to get started, I will ask James why should everyone understand the elements of a prima facie case first, before they do anything?

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    HTTP Error 500.30 - ASP.NET Core app failed to start

    HTTP Error 500.30 - ASP.NET Core app failed to start

    Common solutions to this issue:

    Troubleshooting steps:

    For more guidance on diagnosing and handling these errors, visit Troubleshoot ASP.NET Core on Azure App Service and IIS.