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Response to NHL/Paragon Court Trial-HELP!
from Derek A Duval (derek.duval@virgin.net)
you could also query whether NHL still own the loan. they and a
number of other mortgage lenders finance their lending by selling
their loans to captive finance companies (which fund themselves in
the capital markets). if NHL/Paragon no longer owns the loan then,
although it might still retain bare legal title, it is for the
loan's beneficial owner/transferee to take proceedings - a pain in
the proverbial as these captives are inflexible beasts. if there is
a captive and you find out its name, the next thing is to contact it
and use any defences/ counterclaims you may have against it as well
as NHL. of course, if NHL has not transferred the loan then this is
all academic. good luck.
(posted 8419 days ago)
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