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Homeowners seek to quiet title, cancel foreclosure
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Court Report
Monday, September 14, 2020
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Owners of property in California sought to quiet title and cancel a nonjudicial foreclosure, arguing that after their lender sold the note and deed of trust through a pooling and servicing agreement, the beneficiary, MERS, no longer had an agency relationship principal with the holder of the note and deed and therefore could not assign the deed of trust to the foreclosing entity. Read on for more details.
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