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To: dvdw© who wrote (2199)11/25/2007 4:38:02 PM
From: dvdw©Respond to of 3821
 
Implied Consent is the rationalized argument used by DB to a judge regarding the paper trail on these foreclosed mortgages.

Implied Consent will be the argument eventually used to defend operating a market without market pricing ,and above the legal limit of shares outstanding................these systems are sporting wild CFs.

Excerpted below is Implied Consent on display, preparation done by this mega bank;...as a trustee....leaves ya wondering.

In the Ohio case Deutsche Bank is acting as “Trustee” for “securitization pools” or groups of disparate investors who may reside anywhere. But the Trustee never got the legal document known as the mortgage. Judge Boyko ordered DB to prove they were the owners of the mortgages or notes and they could not. DB could only argue that the banks had foreclosed on such cases for years without challenge. The Judge then declared that the banks “seem to adopt the attitude that since they have been doing this for so long, unchallenged, this practice equates with legal compliance. Finally put to the test,” the Judge concluded, “their weak legal arguments compel the court to stop them at the gate.” Deutsche Bank has refused comment.