Spouse Must Sign Mortgage, But Not Necessarily The Note

What do you think? Linda Smoot Severn Dear Ms. Smoot, Most married couples want their home to be titled jointly. Both spouses own the home together. For the original version including any supplementary images or video, visit http://articles.baltimoresun.com/2001-01-28/business/0101260185_1_mortgage-or-deed-sign-the-mortgage-spouse







Deposition: Countrywide Never Sent Mortgage Notes to Trust; Mortgage-Backed Securities in Question





more This group is designed for anyone who is actively investing in private mortgage notes and trust deeds or anyone who wants to learn more about this type of investing. We believe this is one of the best investment vehicles to earn a solid rate of return in a safe manner. Feel free to share ideas, news, deals, experiences and anything else related to private note investing. less Have something to say? For the original version including any supplementary images or video, visit http://www.linkedin.com/groups/Private-Mortgage-Note-Trust-Deed-2041326





Private Mortgage Note and Trust Deed Investors





It violates the laws and contracts under which the investors purchased the securities. Now we have documented evidence, beyond anecdote, that Countrywide, one of the largest subprime lenders, which securitized almost all of the loans they made, never sent the notes to the trust . In a deposition provided to a US Bankruptcy Court in the District of New Jersey, Linda DeMartini, a supervisor for Bank of America Home Loans (BofA bought Countrywide in 2008), admitted that the original notes never transferred from Countrywide into the trusts. The new allonge was signed by Sharon Mason, Vice President of Countrywide Home Loans, Inc., in the Bankruptcy Risk Litigation Management Department. For the original version including any supplementary images or video, visit http://news.firedoglake.com/2010/11/21/deposition-countrywide-never-sent-mortgage-notes-to-trust-mortgage-backed-securities-in-question/