Adam Levitin: The Big Fail — SECURITIZATION NEVER OCCURRED (via Livinglies's Weblog)

31 Jan

NOTABLE QUOTES: This opinion could turn out to be incredibly important.  It provides a critical evidence for the argument that many securitization transactions simply failed to be effective because non-compliance with the terms of the transaction:  failure to properly transfer the mortgage meant that the mortgages were never actually securitized. The Big Fail posted by Adam Levitin Last week the US Bankruptcy Court for the District of New Jersey … Read More

via Livinglies's Weblog

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: