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Bain Vs. MERS, WA State Supreme Court Opinion, Footnote 14 14 MERS string cites eight more cases, six of them unpublished that, it contends, establishes that other courts have found that MERS can be beneficiary under a deed of trust. Resp. Br. of MERS (Selkowitz) at 29 n.98. The six unpublished cases do not meaningfully analyze our statutes. The two published cases, Gomes v. Countrywide Home Loans, Inc., 192 Cal. App. 4th 1149, 121 Cal. Rptr. 3d 819 (2011), and Pantoja v. Countrywide Home Loans, Inc., 640 F. Supp. 2d 1177 (N.D. Cal. 2009), are out of California, and neither have any discussion of the California statutory definition of beneficiary. The Fourth District of the California Court of Appeals in Gomes does reject the plaintiffs theory that the beneficiary had to establish a right to foreclose in a nonjudicial foreclosure action, but the California courts are split. Six weeks later, the third district found that the beneficiary was required to show it had the right to foreclose, and a simple declaration from a bank officer was insufficient. Under Investigation, Investigation and Doing the GMAC Bankruptcy Amicus Brief Appointment of A Borrowers Committee on

Whenever there is a report of corporate misconduct, a predictable response is that the company in question says it has hired a reputable law firm to conduct a thorough investigation, and it pledges to cooperate with the authorities to resolve the situation quickly. Prosecutors usually announce their own investigation, if they say anything at all. In reality, the government often uses reports provided by the companies to decide how to resolve the.

For those that do not understand all of the complex issues surrounding the GMAC bankruptcy, I urge you to read carefully the brief that was submitted by Paula Rush to the federal bankruptcy court. When I traveled to New York City last month for the GMAC Bankruptcy hearings, I was struck by the madness and the magnitude of it all. Corporate titans and out of control enterprises burning up billions of American dollars like it is Monopoly money.

Foreclosure Challenges Northeastern States

Migrating

to

Robo-signing backlog foreclosure states

hitting

judicial

It confirmed what we have been stating for the last several months foreclosures are increasing in states with a judicial process (especially in the Northeast) while at the same time are decreasing in non-judicial states.

Foreclosure activity nationwide hit a nearly fiveyear low in the third quarter, though a stark difference remains between judicial and nonjudicial foreclosure states, according to a report from foreclosure data aggregator RealtyTrac.

Where Are the Foreclosure Deal Millions Going in Your State? As part of the mortgage settlement finalized in April, 2012, the five biggest banks agreed to pay $2.5 billion to 49 states and the District of Columbia. ProPublica contacted every state to determine whether the money will be going to consumer-focused efforts related to the.

Investors spent more than $9 billion a year on foreclosures The results show investors spend about $9.2 billion a year repairing damages caused by foreclosures. In comparison, Congress over the course of four years authorized $7 billion for its Neighborhood Stabilization Program, which repairs damaged foreclosures.

R.I. AG: Legal Services granted $1.57M for foreclosure project Rhode Island Attorney General Peter Kilmartin announced Thursday that the Rhode Island Legal Services has been awarded a two-year, $1.57 million grant to support the state's Foreclosure Prevention Project.

Future Of America? Vacant Homes Plague Neighbors as [so called] Lenders Loiter The roof of the empty townhouse, which is connected to Jackson's, is shredded and caved in, causing water to leak through Jackson's walls. Overgrown bushes and bramble peek over the property's four-foot fence.

>>>>>>> Mortgage Seizure Via Eminent Domain For Community Stabilization Debate And News Updated Daily http://paper.li/EmDomainDebate/1342319964