Posted by
BPIA on Sep 4, 2013 in
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Comments Off on So The Trusts Were “Naked” (Phoenix Lighting v. JPMorgan Chase.) Now Let’s Dig A Little Deeper, Shall We?
So let’s say your home was foreclosed by Bank of New York Mellon as Trustee for the BALTA 2005-7 Trust, and according to Phoenix Lighting v. JPMorgan Chase (attached below), the BALTA 2005-7 Trust never received the assets and never had title to your loan. This is pretty serious, right? Well, I’ve been...
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