Tim McCandless's (tmccand) Blog

AFFIRMATIVE DEFENSES TO FORECLOSING PARTY’S CLAIM OF “LOST NOTE” AID IN DETERMINING BKR EXEMPTIONS STATE BY STATE Anatomy of a Train Wreck Bankers’ Glossary Basic Foreclosure Data by State California Assembly link to Mortgage crisis issues CNN: Forclosure Aftermath video Critique of Bankruptcy C...

Today mortgage loans, particularly more expensive loans marketed to those with poor credit histories, are likely to be purchased by investment trusts, bundled into large geographically diverse pools with many other loans, and sold as securities to investors. ...  Assignee liability rules render t...

 Predatory home loans, like all home mortgages, are increasingly subject to assignment. Now, more than ever before, a market in assignment of loans casts a shadow over how those loans are originated and serviced. While assignment of loans has always been common, relatively new and complex pattern...