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Hi All, I have a rental in WA state that we bought in 2007 with Countrywide as the lender. They sold the loan to BofA then now Nationstar is the servicer. I'm doing a strategic default on this and my last payment was Jan 2014. Looks like they are finally getting around to the foreclosure and I'm posting to see if anyone can recommend a method to challenge the integrity of the note/deed of trust. According to a reply from Certified Forensic Loan Auditors, I may have a case since the deed of trust was never assigned to anyone, ever. I just checked my county recorded records and the only filing (after the original DOT in 2007 for the loan) is the successor trustee mentioned below. So does anyone have any thoughts as to whether I should fight this? @shellieh98 any comments are welcome, thanks in advance! --------------------------------------------------------------------------------- From Certified Forensic Loan Auditors: The loan has been securitized into the Lehman XS Trust 2007-7N. No Assignment of the Deed of Trust was made into this trust by the closing date as required by SEC governing documents. In fact, no Assignment of Deed of Trust has been recorded at all regarding this loan. -------- e.g. Trust Agreement (the term Lehman Brothers used that is equivalent to Pooling and Servicing Agreement). http://www.sec.gov/Archives/edgar/data/1398201/000114420407032126/v078505_ex4-1.htm Section 2.01 Creation and Declaration of Trust Fund; Conveyance of Mortgage Loans. (a) Concurrently with the execution and delivery of this Agreement, the Depositor does hereby transfer, assign, set over, deposit with and otherwise convey to the Trustee, without recourse, subject to Sections 2.02, 2.04, 2.05 and 2.06, in trust, all the right, title and interest of the Depositor in and to the Mortgage Loans. -------- The trust agreement was dated 5/1/07 and Depositor Structured Assets Securities Corporation did NOT make any recorded Assignment of Deed of Trust. Instead, a Substitution of Trustee was recorded on 11/13/15 by one Carol Davis of Nationstar Mortgage for the above trust, which has NOT been Assigned a security interest in the Note. She also stated the trust was Attorney-in-Fact and failed to state the party for whom they are Attorney-in-Fact. The trust is an unauthorized party and the document is invalid. Bank of America only acted as a servicing agent followed its acquisition of the operations of Countrywide. Countrywide was one of the primary originators for this trust. But because of the securitization, Bank of America has only acted as a debt collector, and not as a principal, and as a sub-servicer for the trust. Nationstar Mortgage took over the master servicer role for Aurora Loan Services (a Lehman Brothers company) after purchase of their servicing operations. http://www.businesswire.com/news/home/20120629005057/en/Nationstar-Mortgage-Completes-Acquisition-Servicing-Assets-Aurora