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Real Estate & Property Law

: The Home Equity Theft Reporter

Massachusetts High Court: Mortgage Does Not Follow The Note

By r morris

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One of the key points from the recent Massachusetts Supreme Judicial Court ruling in U.S. Bank Nat?l Ass?n v. Ibanez, was that (unbeknownst to me, the Wall Street securitization wizards, the mortgage industry, and maybe a couple of other people) the long-standing principal of common law that a mortgage or deed of trust is a mere incident to the promissory note and that these security agreements

Full post as published by The Home Equity Theft Reporter on January 16, 2011 (boomark / email).

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