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To: GovernmentShrinker
Start with the fact that they were unable to produce the required paperwork in court, even with months of advance notice that they would likely need to in order to prevail.

I don't accept this sales blog as proof of anything, first.

Second, "not with them in court" doesn't mean "never kept track of them."

57 posted on 11/24/2007 7:50:12 PM PST by Petronski (Reject the liberal troika: romney, giuliani, mccain)
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To: Petronski

This blog is hardly the only source of information on this ruling. The story came out in major media over a week ago. The judge told Deutsche specifically on October 10 that the foreclosure actions would be dismissed if Deutsche didn’t produce the actual documents showing they owned the mortgage notes. They showed up without them 3 weeks later and the judge kept his promise. I gather that the issue here is not the mortgage notes themselves, but rather the documentation proving that Deutsche actually owned the mortgage notes in question on or before the date it made the foreclosure filing. Deutsche was able to some up with “intent to convey” documents, but never with actual closing documents — scary considering that the mortgage pool in question is less than 18 months old.


63 posted on 11/24/2007 8:14:09 PM PST by GovernmentShrinker
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