Wall Street
True Sale, False Securitizations
by Aaron Krowne and Moe Bedard
A story we broke this past Tuesday in regards to the Ohio Federal Court Deutsche Bank ruling has been getting a tremendous amount of attention, and probably rightfully so. It wasn’t long after we posted it here that dozens of bloggers and forums were circulating the news around cyberspace.
Calculated Risk’s [...]
Deutsche Bank Foreclosures Tossed Out of Ohio Federal Court – “They Own Nothing!”
by Moe Bedard and Aaron Krowne
Judge Christopher A. Boyko of the Eastern Ohio United States District Court, on October 31, 2007 dismissed 14 Deutsche Bank-filed foreclosures in a ruling based on lack of standing for not owning/holding the mortgage loan at the time the lawsuits were filed.