Alaska: Federal Judge Gives Securitization a Cold Reception


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This is not a legal opinion on any case inside or outside of Alaska. This article is for general information only and is directed at attorneys who can understand what this Federal Judge is talking about.

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Hat tip to Eric Mains who did most of the work on this article.

This is another case that uses some very detailed and thought out analysis of the securitization process and use of MERS to do assignments. The judge rules properly as he should on the MTD putting the burden of proof where it belongs—on the movant. He rules for the Plaintiff, who if they follows the trail as have here, they should get a win or settlement out of Nationstar…….  However for all the good analysis he does, he somewhat blows it at the end by stating the presumption that the Trust is the true…

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About Here and Now

I rant about issues concerning foreclosure, real estate law and any topic of interest. Normally my day job is Fashion and Costume Design. I like writing and reading interesting subjects.
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