AND YET MORE EMPTY TRUSTS. This time, its Deutsche Bank Royal Park Investments v. Deutsche Bank Excerpt at 440: The need to fabricate or fraudulently alter mortgage assignment documentation provides compelling evidence that, in many cases, title to the mortgages backing the certificates plaintiff purchased was never properly or timely transferred. In fact, plaintiff has conducted investigations on the loans underlying several of the offerings at issue herein to determine whether the loans were properly transferred to the trusts. In each case investigated, the vast majority of loans underlying the offerings were not properly or timely transferred to the trusts. (Same law firm as in Phoenix Light below) msfraud.org/law/lounge/royal-park-investments-v-deutsche-bank_busted-trusts-titles-assignments_2013.pdf
Posted on: Thu, 17 Oct 2013 05:09:56 +0000
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