As I have been writing and talking about the forced judicial sales, my opinion has always been that in most cases there is an absence of evidence that the party making the credit bid was in fact the creditor thus entitled to make a “credit bid” at the auction. The credit bid is an allowance […]

Tags: beneficiary under deed of trust, cash bid, credit bid, deedof trust, foreclosure defense, fraud, securitization, Substitution of Trustee, wrongful foreclosure
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