Posts Tagged ‘REMIC trust’

“Double Dipping Docket” is Just a Dumb Idea

Written on 18 Sep, 2013 at 7:18

The payment advanced to the trust by a servicer when a borrower fails to make his or her mortgage payment is simply a loan made pursuant to the contract between the servicer and the trust. The trust is only... (Continue reading)

Hawaii Court rules: No valid assignment means Deutsche has no standing to foreclose

Written on 5 Apr, 2012 at 21:59

Last week, Hawaii homeowners at risk of foreclosure had reason to be pleased. Not ecstatic… not jubilant… and certainly not electrified, as other bloggers have intimated might be appropriate. The decision is not cause for any of those emotions… there’s... (Continue reading)

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