Publications
Assignee Liability in Residential Mortgage Transactions
Mar 1, 2003
Published by The Review of Banking & Financial Services in March 2003.
Author(s): Jeffrey P. Naimon.
The holder in due course rule that protects assignees of mortgage loans from borrowers' claims against lenders has been restricted by federal and state legislation aimed at protecting consumers. Further erosion of the rule may arise from the judicial doctrines of imputed knowledge and sham arrangements.
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