Did you know that the major banks and the US government sold all your credit card debts and all your student loans and all your car loans and all your mortgages to other countries as investments and also sold them to your pension funds?
Bank Of America voluntarily terminated the March 2024 non-judicial foreclosure (recorded May 30, 2024) solely “in preparation for bringing a judicial foreclosure.
trustees, servicers like Bank of America, GSEs like FannieMae, do NOT qualify as claimants under Rule 3001 since none of them own the obligation on its accounting records and did not paid value under UCC.
re Veal decision.
Very interesting that judges in Foreclosure cases never ask for the collateral file. Seems like they don’t care to know if the house is the collateral or not, especially after securization of federally backed FannieMae Loans the collateral is not the house anymore.