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FORECLOSURE TESTIMONY /
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FORECLOSURE TESTIMONY /
Defendant is not Responsible for Fraudulent Check Transactions.
Citation. 211 Pa. Super. 42, 234 A.2d 32, 1967 Pa. Super. 724, 4 U.C.C. Rep. Serv. (Callaghan) 624 click the citation to view the entire case on Lexis Nexis Brief Fact Summary. This is an appeal of the trial court’s holding that the defendant is not responsible for fraudulent check transactions. An employee of the [...]
Mortgage Loans and Basis in Assets
Your basis in mortgages held as assets. It is no different than spending $1,000 to purchase furnishing for a home. The cost of the furniture is $1,000 paid from the proceeds of a credit card.
…from a recent audit report
Not for publishing - Dt 04/23/22011 matter /Case no : held ” Orginal claim filed” CA 8/2009 Co. CONTRA COSTA type } circuit …move to FED DST CT US BK before ”>” Wells Fargo Bank, N.A., A National Banking Association. 9062 Old Annapolis Road,Columbia, Maryland 21045. Indebted is left, to sit in bankruptcy, and whereupon [...]
MERS IS FOR THE BENEFIT OF A WAREHOUSE BANK.
MERS as nominee for the beneficiary on the note does not figure into logical or ethic mind set for the participating parties thought the life of the loans.ettlement service fees.20See Carter v. Welles‐Bowen Realty, Inc., 493 F. Supp. 2d 921, 927 (N.D. Ohio 2007) (Carter I); Contawe v. Cresent Heightsof America, Inc., No. Civ.A. 04‐2304, 2004 WL 2244538, at *3‐4 (E.D. Pa. Oct. 1, 2004); Mullinax v. Radian Guaranty, Inc., 311F. Supp. 2d 474, 486 (M.D.N.C. 2004); Moore v. Radian Group, Inc., 233 F. Supp. 2d 819, 825‐26 (E.D. Tex. 2002; Morales v.Attorneys’ Title Ins. Fund, 983 F. Supp. 1418, 1427 (S.D. Fla. 1997); Durr v. Intercounty Title Co. of Ill., 826 F. Supp. 259, 260‐62 (N.D. Ill. 1993)
Arises when IRS assesses that taxes are owed
demanding payment, debtor fails to pay, and a tax lien is filed. When tax lien arises, it dates back to assessment not filing. General rule is only creditors who have choate lien at time tax lien arose have priority. Exceptions: special parties when tax lien FILED (mechanic's lien holders, JLC's, perfected SP's, and purchasers of the collateral).
INVOLVEMENT OF THIRD PARTIES 2-403(1)
. A person with voidable title can transfer good title to a good faith purchaser. A person with void title passes no title. A thief has no title/void title. General rule is all you can convey is what you have--you cannot convey more than what you have; 2-403 is an exception.
Avoid the Haircut Lenders Charge
Scheme 101 The Haircut Devisees By M.Soliman Predatory lending practices are not necessarily exclusive to a high rate charged to the borrower. It can be discovered as lower rate and higher cost or vice versa. The cost of the loan must be tied to a par rate calculated off the corresponding treasury plus margin over [...]
Countrywide Views
The allegations against Countrywide are noteworthy in a number of respects. In particular are the beliefs of the SEC brought against this failed subprime mortgage market leader. Their Executive elite are alleged to have gained a corporate philosophy that failed to provide greater scrutiny of predatory lending practices. In general the law will look to [...]
Countrywide Home Loans Inc
The allegations against Countrywide are noteworthy in a number of respects. In particular are the beliefs brought against this failed subprime mortgage market leader who is alleged to have gained a corporate philosophy that failed to provide greater scrutiny of predatory and unconscionable practices in lending practices. In general the law will look to some [...]
Letter to Foreclosure Lawyers
June 16, 2011 Dear Counsel How are you? By now, I had hoped to copyright what I know [LOL] It is no less frustrating, when knowing everything implicit for argument and necessary in foreclosure defense can’t seem to make it into pleadings. What should be included as compelling subject matter with the current legal community [...]
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