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Wells Fargo motion re magical assignment of nonexistent mortgage

Wells Fargo motion re magical assignment of nonexistent mortgage

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Wells Fargo defends assignment of mortgage that didn't exist until two days after it was "assigned."
Wells Fargo defends assignment of mortgage that didn't exist until two days after it was "assigned."

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Published by: Abigail Caplovitz Field on Jun 14, 2012
Copyright:Attribution Non-commercial

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06/14/2012

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UNITEDSTATESBANKRUPTCYCOURTSOUTHERNDISTRICTOFNEWYORK
HearingDate:June22,2012
____________________________x
HearingTime:10A.M.
INRE:CASENO:11-24269(rdd)JuanitaStrassfieldDebtorChapter7JUDGE:RobertD,Drain_____________________________x
NOTICEOFRESPONSEINOPPOSITION
PleasetakenoticethatWellsFargoBank,N.A.byitscounsel,McCabe,Weisberg
&
Conway,P.C.,willmovethisCourtonthe22nddayofJune,2012,at10A.M.orsoassoonthereafterascounselcanbeheard,attheUnitedStatesBankruptcyCourt,SouthernDistrictofNewYork,300QuarropasStreet,WhitePlains,NY10601-4140,todenyinitsentiretytheDebtor'sObjectiontoWellsFargoBankNA'sMotiontoVacatetheAutomaticStay,andtoallowtheSecuredCreditortoamenditsMotionforRelieffromtheStay,asoriginallyfiledwiththisCourtonJanuary24,2012,andwhichiscarriedasitem#9onthedocket.Dated:June12,2012NewRochelle,NewYorkYours,etc.By:rllip
Mahony.
McCabe,Weisberg&Conway,P.C.AttorneysforSecuredCreditor145HuguenotStreet,Suite499NewRochelle,NY10801Telephone914-636-8900
 
To:
JuanitaStrassfield
11ShipleyDriveCortlandtManor,NY10567
LindaM.TirelIi
LawOfficesofLindaM.TirelliOneNorthLexingtonAvenue11thFloorWhitePlains,NY10601
ToddS.Cushner
Cushner&Garvey,LLP155WhitePlainsRoadSuite207Tarrytown,NY10591
Jil
Mazer-Marino
Meyer,Suozzi,English&Klein,P.C.990StewartAvenueSuite300P.O.Box9194GardenCity,NY11530-9194
UnitedStatesTrustee
33WhitehallStreet21stFloorNewYork,NY10004
 
UNITEDSTATESBANKRUPTCYCOURTSOUTHERNDISTRICTOFNEWYORK
________________________~x
INRE:CASENO:11-24269(rdd)JuanitaStrassfieldDebtorChapter7JUDGE:RobertD,Drain___________________________xAFFIRMATION
(i)
INOPPOSITIONTODEBTOR'SOBJECTIONTOWELLSFARGOBANKNA'SMOTIONTOVACATEAUTOMATICSTAYAND
(ii)
FORLEAVETOFILEAMENDEDMOTIONFORRELIEFFROMTHEAUTOMATICSTAYWellsFargoBank,N.A.(the"SecuredCreditor")byitscounsel,McCabe,Weisberg&Conway,P.C.,submitsthisaffirmation
(i)
inresponsetodebtor'sObjectiontoWellsFargoBankNA'sMotiontoVacatetheAutomaticStayand(ii)forleavetofileanamendedmotionforrelieffromtheautomaticstay.PRELIMINARYSTATEMENTOnJanuary24,2012,theSecuredCreditorfileditsmotionforrelieffromtheautomaticstay(the"Motion")duetotheDebtor's(assuchtermisdefinedbelow)failuretoprovideregularlyscheduledmonthlymortgagepaymentstotheSecuredCreditor.Specifically,theDebtorfailedtomakeatleasttwenty-seven(27)monthlypaymentswhichatthetimeoffilingtheMotiontotaledapproximately$89,915.01.AsofthedateoffilingtheMotion,theDebtorowedtheSecuredCreditoranamountinexcessof$504,389.68,plusattorneys'feesandcosts.OnMarch5,2012,theDebtorfiledanobjectiontotheMotion(the"Objection")whichcorrectlypointedoutthattheinvestorforthismatterisFreddieMac,andassuch,theMotionincorrectlyidentifiedtheSecuredCreditorastheownerandholderoftheNote,insteadofjusttheholder.Asholderofthe

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