To: CharacterCounts
The failure of to disclose the real lender is a violation unto itself leading to various remedies and consequences especially as to perfection of the lien, and providing the context for a transaction with clear title. But the intentional act of FALSELY stating the name of the Lender without any reference to disclosing a principal or under ordinary principal agent rules, and the failure to provide either the real lender or the borrower with the documents (some of which should have been recorded in the title registry in the country recording office) creates a fatal defect in perfecting a lien to the point where the note is a nullity and the mortgage or deed of trust is nothing more than a wild deed. Any subsequent foreclosure sale in which a deed is used on a credit bid would similarly be a wild deed subject to either being ignored as void or voidable by judicial action.
To: Neidermeyer
The failure of to disclose the real lender is a violation unto itself leading to various remedies and consequences especially as to perfection of the lien, and providing the context for a transaction with clear title. But the intentional act of FALSELY stating the name of the Lender without any reference to disclosing a principal or under ordinary principal agent rules, and the failure to provide either the real lender or the borrower with the documents (some of which should have been recorded in the title registry in the country recording office) creates a fatal defect in perfecting a lien to the point where the note is a nullity and the mortgage or deed of trust is nothing more than a wild deed. Any subsequent foreclosure sale in which a deed is used on a credit bid would similarly be a wild deed subject to either being ignored as void or voidable by judicial action.You do not have a clue as to what you are talking about. And, when the courts eventually throw this nonsense out, you will be claiming the court is in the bank's pocket.
94 posted on
04/19/2011 5:04:40 AM PDT by
CharacterCounts
(November 4, 2008 - the day America drank the Kool-Aid)
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