REFinBlog

Editor: David Reiss
Cornell Law School

December 1, 2013

Texas Court Finds Plaintiff’s “Split-the-Note” Theory Without Merit

By Ebube Okoli

The court in deciding Morlock, L.L.C. v. JPMorgan Chase Bank, N.A., 2013 U.S. Dist. LEXIS 153386 (S.D. Tex. Oct. 25, 2013) ultimately dismissed plaintiff’s bifurcation theory based complaint. Plaintiff alleged that the deed of trust had been “executed and delivered . … Continue reading

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December 1, 2013 in MBS industry | Permalink | No Comments

November 27, 2013

Court Dismisses Plaintiff’s Wrongful Foreclosure, Fraud, Quiet Title and Declaratory Relief Claims

By Ebube Okoli

The plaintiff in Cuddeback v. Bear Stearns Residential Mortg. Corp., 2013 U.S. Dist. LEXIS 152989 (W.D. Wash. Sept. 10, 2013) brought claims against Bear Stearns, EMC, Wells Fargo (collectively, “Defendants”) for wrongful foreclosure, fraud, quiet title and declaratory relief pursuant … Continue reading

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November 27, 2013 in MBS industry | Permalink | No Comments