California bankruptcy court rules against MERS

CALIFORNIA BANKRUPTCY COURT HOLDS THAT MERS CANNOT TRANSFER NOTE FOR WANT OF OWNERSHIP; CITES BOYKO, LANDMARK (KANSAS), LAMY, AND VARGAS CASES. Kesler (Kansas decision as to lack of authority of MERS), LaSalle Bank v. Lamy (New York), and In Re Foreclosure Cases (the "Boyko" decision from Ohio Federal Court).

The California. borrowers filed suit against Fannie Mae to set aside the sale. The trial court dismissed the complaint. On appeal, the borrowers argued that they should be permitted to amend their.

There’s concern in the industry that a Bankruptcy Court judge could order PG. could also make it more difficult for California utilities to raise the capital needed to harden their infrastructure.

In Re: Walker, Case No. 10-21656-E-11 – Eastern District of CA Bankruptcy court rules MERS has NO actionable interest in title. "Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note is void under California law." "MERS could not, as a matter of law, have transferred the note to.

california court rules: MERS Can’t Foreclose, Citibank Can’t. – California Court Rules: MERS Can’t Foreclose, Citibank Can’t Collect "Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note is VOID under California Law."

California Court Rules: MERS Can’t Foreclose, Citibank Can’t Collect Tweet "Any attempt to transfer the beneficial interest of a trust deed without ownership of the underlying note is VOID under California Law."

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San Diego Gas & Electric is taking its fight to have ratepayers shoulder 9 million in costs related to 2007’s deadly wildfires to the California Supreme. single justice can rule against a. When the Bankruptcy Rules, the FRCivP and the Civil L.R. are silent as to a particular matter of practice on an appeal to the District Court from the Bankruptcy Court, the assigned District Judge may apply the Rules of the United States Court of Appeals for the Ninth Circuit, the FRAppP, and the Rules.

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Home prices fall, but inventory levels improve A recession would increase the odds of a home-price drop. Burns, the consultant, predicts low price appreciation next year, but he’s rethinking that forecast because he believes prices have indeed.

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