Submitted by dan, whom I think is 100% right here: After a closer look at trust law (see Gilbert Law Summeries on Trusts by Edward C. Halbach Jr), the 4 critical elements of a trust are: 1. trust intent. 2. specific trust res or property. 3. properly designated parties. 4. valid and legal trust purpose. [...]
Filed under: bubble, CDO, CORRUPTION, Eviction, foreclosure, GTC | Honor, Investor, Mortgage, securities fraud | Tagged: beneficiary, creditor, DEBTOR, equitable title, fiction, Gilbert Law Summeries, grantor, Halbach, legal title, note, res, settlor, trust, trust indenture, trust property, trustee, Trustor | 23 Comments »
