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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 7764 days ago)

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