Judge Throws Out Foreclosure Actions
By: Myles, November 21st, 2007
The New York Times reported that an Ohio federal judge blocked attempts by Deutsche Bank National Trust Company to foreclose on borrowers behind in their mortgage payments because the bank failed to produce evidence that it held the mortgages.
The court’s decision involved 14 foreclosure actions brought on behalf of mortgage investors. The bank was acting […]
Tags: Deutsche Bank, foreclosures, mortgage backed securities, securitization pools
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