Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Tonight! How to Defend Against a Claim of “Holder” Status to Discredit Standing

  • Broadcast in Finance
THE NEIL GARFIELD SHOW

THE NEIL GARFIELD SHOW

×  

Follow This Show

If you liked this show, you should follow THE NEIL GARFIELD SHOW.
h:540179
s:10855883
archived

Tonight I will discuss the central point of of false claims of authority to enforce the note, and inferentially the authority to enforce the mortgage.

In 2008, I called to confront a lawyer about the false claim of being authorized to enforce the note and mortgage, his reply to all my questions was “We’re a holder.”

No matter what I said or asked, that was his answer. He was relying upon a carefully thought out strategy of taking the term “holder” and stretching it to unimaginable lengths. And in that conversation it became clear that he — and the rest of the investment banking industry — were essentially “banking” on a single fact, to wit: that Judges are lawyers who went to law school and for the most part slept through classes on negotiable instruments. He was right.

Facebook comments

Available when logged-in to Facebook and if Targeting Cookies are enabled