- I will not condone this type of unnecessary arguing amongst different views. My view is what it is and theat is the tact I am asking attorneys to consider. Everyone is entitled to an opinion and these people are ever bit entitled to foster their views whatever the may be. If the mortgage is affirmed sold the entities books are available and shall demonstrate a gain or loss on the sale. This is the substantive element of the matter brought into a court of law.
- If alleged to have not sold the mortgage remains as a booked asset and therefore remains with the originating lender held on its financial statements.
- The funds used to settle the consumer household mortgage were provided by the Defedants lender warehouse bank and FDIC commercial securities financing and credit line provider. The FDIC member banks offer lenders the financing needed to wire good funds into the settlement agent at time of the mortgage loans closing.