Editor’s Note: In an extremely well-written and well reasoned decision Federal District Court Judge M. James Lorenz denied the Motion to dismiss of US Bank on an alleged WAMU securitization that for the first time recognizes that the securitization scheme could be a sham, with no basis in fact. Although the Plaintiff chose not to […]

Tags: accounting from master servicer, accounting from sub-servicer, assignment, attempt to securitize, California Reconveyance Company, cloud on title, Colleen Irby, CRC, cut-off date, Debt Collectors, FDCPA, fraud in origination of loan documents, livinglies-store.com, loan receivable, Lorenz, MOTION TO DISMISS, qualified written request, quiet title, QWR, RESPA 6, true credidtor, trust document, U.S. Bank, Unfair Competition LAw, WAMU
Posted in bubble, Corruption, Eviction, securities fraud |

MOST POPULAR ARTICLES GET COMBO TITLE AND SECURITIZATION ANALYSIS – CLICK HERE Herrera v Deutsch 5-31-11 Cal 3rd District SEE HERRERA DECISION GOES PUBLIC MAKING IT BINDING ON OTHER COURTS The Substitution of Trustee recites that the Bank “is the present beneficiary under” the 2003 deed of trust. As in Poseidon, this fact is hearsay […]

Tags: Assignment of Deed of Trust, authority to substitute the trustee, Brignac, business records, California Reconveyance Company, COMPETENCE OF WITNESS, CRC, creditor, DEED OF TRUST, Deutsche Bank National Trust Company, disclosure, evidence, foreclosure, foreclosure defense, foreclosure offense, foreclosures, fraud, hearsay, Herrera, JPMorgan Chase Bank, judicial notice, Long Beach Mortgage Company, quiet title, rescission, RESPA, securitization, Substitution of Trustee, TILA audit, TIMING OF ASSIGNMENTS, trustee, Washington Mutual Bank
Posted in bubble, Corruption, Eviction, securities fraud |