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Substitute Trustee Valid for Foreclosure (access required)

A Richmond U.S. District Court dismisses plaintiff borrowers’ suit alleging defendant note holder LNV Corporation’s substitution of trustee is invalid and foreclosure on their property should be overturned. Plaintiffs must demonstrate that but for LNV’s allegedly invalid execution of the substitution of trustee, the foreclosure process would not have been triggered. Plaintiffs failed to make this ...