You got your question answered, so why haven’t you contacted a title insurance company for a legal referral?
Hong Kong & Shanghai Banking Corp. holds the paper for Nomura’s Client. They can certainly foreclose, especially if they are in possession/control of the original documents.
Don’t kid your yourself into believing that the foreclosing attorney read the Ohio judge’s decision and won’t go forward. Such is the problem with all legal theories that come under the “twinky defense” category.
Hawaii foreclusure law and practice - Posted by paul Z
Posted by paul Z on December 22, 2009 at 19:32:48:
My brother and I purchased a condohotel unit in Hawaii.
Because of the down market we are unable to rent it to cover our costs. WE are over three months behind on our mortgage. We have listed with a local broker for a possible short sale. How to find someone who is familiar with the foreclosure in Hawaii that could give us good advice.
This mortgage has been bundled and reads:
Beneficiary: HSBC BANK,USA NATIONAL ASSOCIATION, AS TRUSTEE FOR NOMURA ASSET ACCEPTANCE CORPORATION PASS-THROUGH CERTIFICATES, SERIES 2006-AF2
From what I understand a payee receives a portion of a payment derived from many underlining loans(i.e. derivatives). I further understand that many defendends in a foreclosure and stated that only the original lender can foreclose etc. Can anybody elucidate on this and help us with a defense especially on getting advice, how to find a lawyer etc. Many Thanks
The mortgage has been bundled and is titled as follows:
Beneficiary: HSBC Bank USA,National Association, As Trustee for the Nomura Asset Acceptance Corporation Mortgage Pass-Through certificates, series 2006-AF2
From what I understand this is a derivative in which the payee receives portion of payment from many underlining loans. I also understand that defendents have been able to make the defense that only the original lender may foreclose. Is that right? If this is how can I find someone lawyer or otherwise who can help in this defense?