Thursday, February 17, 2011

DONTE, UNDERSTANDS NATIONAL BANKS FALL UNDER STATE LAWS WHEN FORECLOSING IN STATE COURTS

DONTE, AN AWESOME CONTRIBUTER ON SCRIBD, CREATED THIS FANTASTIC DOCUMENT FOR THOSE OF YOU WHO HAVE EXPRESSED A DESIRE TO UNDERSTAND  WHY NATIONAL BANKS MUST FOLLOW STATE LAW WHEN FORECLOSING IN STATE COURTS, AND WHY, IF THEY DO NOT, YOU HAVE GROUNDS FOR DISMISSAL WITH PREJUDICE (ALWAYS CONFIRM EVERYTHING I SAY WITH YOUR ATTORNEY FIRST!!!)  OCC Interpretive Letter No 1016 Preemption DENIED                                                              
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