Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
12Activity
0 of .
Results for:
No results containing your search query
P. 1
Dobson v Wells Fargo Bank w

Dobson v Wells Fargo Bank w

Ratings: (0)|Views: 918 |Likes:
Published by DinSFLA

More info:

Published by: DinSFLA on Oct 18, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

06/07/2013

pdf

text

original

 
No. 260A11 FOURTH DISTRICTSUPREME COURT OF NORTH CAROLINA****************************************LINDA G. DOBSON, ))Plaintiff-Appellant, ))v. ) From Duplin County) No. 07 CVS 1017SUBSTITUTE TRUSTEE SERVICES, ) COA10-632INC., Substitute Trustee and WELLS )FARGO BANK MINNESOTA, N.A. )as Trustee for Equivantage Home Equity )Loan Trust, 1996-4, Note Holder, )
EQUVANTAGE, INC., and AMERICA‘S
)SERVICING COMPANY, ))Defendants-Appellees. )****************************PROPOSED BRIEF OF
 AMICI CURIAE 
NORTH CAROLINA JUSTICECENTER, NORTH CAROLINA ADVOCATES FOR JUSTICE, CENTER FORRESPONSIBLE LENDING, MAINE ATTORNEYS SAVING HOMES, THEFINANCIAL PROTECTION LAW CENTER, AARP, AND THE NATIONALASSOCIATION OF CONSUMER ADVOCATES IN SUPPORT OF PLAINTIFF-APPELLANT*****************************
www.StopForeclosureFraud.com
 
INDEX
TABLE OF CASES AND AUTHORITIES ............................. iiiINTRODUCTION ...................................................................... 2SUMMARY OF ARGUMENT .................................................. 4ARGUMENT.............................................................................. 5I. PRESENTING THE NOTE AND PROVING THERIGHT TO ENFORCE IT UNDER THE UCC .............. 5A
.
Historical Background of Article 3 of the UniformCommercial Code .................................................. 5B. The Dobson Note Is a Negotiable Instrument ThatCan Be Enforced Only in Accordance with theProvisions of Article 3 of the UCC........................ 6C
.
Wells Minnesota Was Required to Produce theOriginal Note in Court in Order to Be Entitled to aJudgment upon it. ................................................... 8D. Ms. Dobson Did Not Waive Her Right to CompelWells Minnesota to Produce the Original Note. .. 15E. A Photocopy of a Note, by Itself, Is NeverSufficient to Prove the Right of a Party to Enforcea Negotiable Note. ............................................... 16F. The Interdependency of the Rules in UCC Article3 ............................................................................ 19II. AFFIDAVITS IN FORECLOSURE PROCEEDINGSMUST COMPLY WITH BASIC STANDARDS FORAFFIDAVITS IN COURT PROCEEDINGS ................ 20A. In North Carolina, Foreclosure Affidavits MustPresent Admissible Facts Based on PersonalKnowledge ........................................................... 20B. In North Carolina, Affidavits May Not Be Used to
Supplant the Court‘s Function to Decide Questions
of Law .................................................................. 23
www.StopForeclosureFraud.com
 
-ii-
III. ABUSES IN THE EXECUTION OF AFFIDAVITSAND OTHER DOCUMENTS IMPUGN THEINTEGRITY OF THE FORECLOSURE PROCESS ... 27A. To Streamline the Foreclosure Process and Cut Costs,Mortgage Companies Routinely File UntrustworthyAffidavits and Fraudulent Documents. .......................... 28B. Federal and State Governments Respond to
Mortgage Servicers‘ Fraudulent Conduct.
........... 33C. Robo-Signing and Other Fraudulent PracticesResult in Wrongful Foreclosures. ........................ 41i. Robo-signed affidavits are fundamentallyunreliable as evidence of ownership ordefault ........................................................ 41ii. False affidavits mask servicer errors thatlead to wrongful foreclosure ...................... 43iii. Wrongful foreclosure of active duty militarypersonnel .................................................... 47CONCLUSION ........................................................................ 50CERTIFICATE OF SERVICE ................................................ 53
www.StopForeclosureFraud.com

Activity (12)

You've already reviewed this. Edit your review.
1 hundred reads
James Kim liked this
Chessldy liked this
Diane Baxter liked this
Chessldy liked this
Diane Baxter liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->