Friday, February 15, 2013

First Circuit -- Culhane v. Aurora Loan Services of Nebraska

Nonparty mortgager has standing to challenge subsequent assignment of note, but strong prudential considerations can counterbalance.

Interposed entity need not hold the beneficial interest -- legal interest suffices for assignment.

Culhane v. Aurora Loan Services of Nebraska
Compiled by D.E. Frydrychowski, who is, not incidentally, not giving you legal advice.

Category tags above are sporadically maintained Do not rely. Do not rely. Do not rely.

Author's SSRN page here.