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Can A (WaMu) Delaware Trust Foreclose On A Mortgage For The Benefit Of Certificate Holders Without Violating Delaware Trust Law?

The Glaski decision was obviously a BIG victory for homeowners in California, and hopefully elsewhere. The gaffe on the part of the bank’s attorneys for allowing New York trust law rather than Delaware trust law¬† to¬†control the WaMu securitization failure arguments is mind blowing (See:...