Elawyers Elawyers
Ohio| Change

Nationstar Mortgage LLC v. Desert Shores Community Association, 2:15-cv-01776-KJD-CWH. (2018)

Court: District Court, D. Nevada Number: infdco20181206d53 Visitors: 3
Filed: Dec. 03, 2018
Latest Update: Dec. 03, 2018
Summary: STIPULATION TO SUBSTITUTE U.S. BANK, NATIONAL ASSOCIATION, AS TRUSTEE FOR THE BENEFIT OF HARBORVIEW 2005-16 AS REAL PLAINTIFF IN INTEREST CARL W. HOFFMAN , Magistrate Judge . Nationstar Mortgage LLC ( Nationstar ) and MRT Assets, LLC stipulate to substitute U.S. Bank National Association, as Trustee for the benefit of Harborview 2005-16 ( US Bank ) as plaintiff/counterdefendant in this matter because US Bank is the real party in interest, based on the following: 1. Hagob Palikyan ( borrowe
More

STIPULATION TO SUBSTITUTE U.S. BANK, NATIONAL ASSOCIATION, AS TRUSTEE FOR THE BENEFIT OF HARBORVIEW 2005-16 AS REAL PLAINTIFF IN INTEREST

Nationstar Mortgage LLC (Nationstar) and MRT Assets, LLC stipulate to substitute U.S. Bank National Association, as Trustee for the benefit of Harborview 2005-16 (US Bank) as plaintiff/counterdefendant in this matter because US Bank is the real party in interest, based on the following:

1. Hagob Palikyan (borrower) financed his Las Vegas property with a $311,600 loan from Countrywide Home Loans, which loan was secured with a deed of trust recorded against the property located at 3001 Treasure Island Road, Las Vegas, NV 89128 (the property) on October 17, 2005, as Instrument No. 20051017-0003740.

2. The senior deed of trust was assigned to U.S. Bank on July 28, 2011.

3. The senior deed of trust was then assigned to Nationstar Mortgage LLC via an assignment of deed of trust recorded on October 30, 2013, as Instrument No. 20131030-0004341.

4. The assignment recorded in 2013 to Nationstar was recorded in error. A discharge of assignment was recently recorded on July 23, 2018, as Instrument No. 20180723-0000704. A copy of the discharge is attached hereto as Exhibit A. The deed of trust's current beneficiary is US Bank, as it was original in 20101 following that correct assignment.

5. IT IS STIPULATED that the real party in interest is U.S. Bank National Association, as Trustee for the benefit of Harborview 2005-16.

6. IT IS STIPULATED all claims and defenses previously asserted by Nationstar against other parties in this action will be assumed by US Bank, and Nationstar's role in this matter will be terminated. No party will be prejudiced by the substitution.

IT IS SO ORDERED.

EXHIBITS LIST

Exhibit A Discharge of Assignment

EXHIBIT A

Discharge of Assignment

Source:  Leagle

Can't find what you're looking for?

Post a free question on our public forum.
Ask a Question
Search for lawyers by practice areas.
Find a Lawyer