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Home / Opinion Digests / Real Estate – Post-Foreclosure Possession – Loan Securitization (access required)

Real Estate – Post-Foreclosure Possession – Loan Securitization (access required)

A man who still occupies his home after its sale at foreclosure gets nowhere with his claim to the property based on the legal theory that securitization of his mortgage loan renders his note unenforceable, and an Alexandria U.S. District Court dismisses his suit for failure to state a claim. The same erroneous legal theory forms ...