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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:...

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