Could this be the Ibanez of CMBS?
AMICUS BRIEF IN SUPPORT OF APPELLANT’S PETITION FOR REVIEW
La Villita Motor Inns, J.V., Executive Motels of San Antonio, Inc., and S.A. Sunvest
Hotels, Inc.
Appellant,
v.
Orix Capital Markets, LLC, Bank of America, N.A. LNR Partners, Inc., Capmark
Finance, Inc., Nicholas M. Pyka as Trustee, Michael N. Blue as Trustee, and Greta E.
Goldsby as Trustee,
Appellees.
Excerpt:
INTRODUCTION
This case involves a controversy about mortgage servicing. Mortgage servicing is the administration of mortgage loans—the collection of payments and management of defaults—on behalf of third parties. Mortgage servicing is an essential component of mortgage securitization, which is the predominant method for financing commercial mortgages in major metropolitan markets and for financing residential mortgages nationwide.
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[ipaper docId=53270473 access_key=key-1zkex8darfag1jk7wyxb height=600 width=600 /]
© 2010-19 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.
http://www.conorix.com
Looks like Orix has a predatory reputation and a track record of aggressive fraud litigation tactics.
The appeals court totally got the case wrong..let’s hope Texas Supreme court fixes the errors.