The ABCs and UCC Comes to Florida

Attacking the secured status of the Trustee of residential mortgage backed securitized trusts and the mortgage servicer’s standing to foreclose is critical to protecting the homeowner’s rights. But advancing those arguments requires a solid understanding of how securitization is supposed to work, which in turn requires a thorough understanding of UCC Articles 3, 9 and 1-302. This session offers the most …

The UCC and Mortgage Notes

If you’re attending the New York UCC seminar this weekend, your timing couldn’t be better:  Earlier this week the Permanent Editorial Board for the Uniform Commercial Code (PEB) issued its report , Application of the Uniform Commercial Code to Selected Issues Relating to Mortgage Notes. The report specifically indicates that “It should not be assumed that all mortgage notes are …

More Details on Our New UCC Seminar

We now have the venues and pricing ready for our upcoming Seminar – The ABC’s and UCC—What You Need To Know About the UCC and Foreclosure Defense. You must attack the secured status of the Trustee of residential mortgage backed securitized trusts and you must challenge the mortgage servicer’s standing to foreclose. In order to make these types of challenges …

The ABC’s and UCC

Max Gardner’s Bankruptcy Boot Camp is proud to present an important seminar on the impact of the UCC on residential mortgage securitization and its effect on foreclosure defense. ABC’s In order for a residential mortgage to be properly securitized within a trust, the note needs to have been properly assigned by ALL parties to the transaction. In reality, this rarely occurred last decade …