[WSBAPT] Service on Wa Mu

[Rob Wilson-Hoss]

Bryce, This is always the problem - changes in beneficial and note ownership
outside the record. Sometimes they are like this case where WAMU failed and
was acquired by JPMorgan Chase "without government assistance". But each set
of facts is unique and needs investigating. For example, there are assets
from WAMU that actually wound up elsewhere, either directly or indirectly.
There may be a for sale sign on the property, and you can call the agent.
Look for notices of default and notices of trustee sales. The County will
tell you who is paying the property taxes, and you can follow that lead. We
wind up serving every lender who appears to potentially have an interest.
And filing a declaration about how we tried to figure this all out, or even
put that in the complaint when discussing each defendant. 

 

WAMU is the last holder of the interests according to the record; it has no
registered agent but does have a c/o name in the corporations website. I
would at least attempt to contact her. 

 

If your deed of trust is really outlawed, then you are probably ok, but that
is not as simple a proposition as it sounds sometimes, as well. But here,
when WAMU was owed the debt, and its assets were transferred somewhere, the
likelihood is that the debt was paid and the connection from the servicer to
the note holder was not good enough to result in a reconveyance. 

 

Rob

 

Robert D. Wilson-Hoss 
Hoss & Wilson-Hoss, LLP 
236 West Birch Street 
Shelton, WA 98584 
360 426-2999

www.hossandwilson-hoss.com
rob at hctc.com

 

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From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of John McCrady
Sent: Tuesday, March 22, 2016 5:06 PM
To: WSBA Probate & Trust Listserv
Subject: Re: [WSBAPT] Service on Wa Mu

 

JPMorgan Chase Bank, NA is the successor to Washington Mutual Bank FSB

See attached
<https://research.fdic.gov/bankfind/detail.html?bank=33891&name=Washington%2
0Mutual%20Bank%20FSB&searchName=WASHINGTON%20MUTUAL%20BANK%20FSB&searchFdic=
&city=&state=&zip=&address=&searchWithin=&activeFlag=&tabId=2> 

 

John McCrady

Counsel

Puget Sound Title Company

5350 Orchard Street West

University Place WA 98466

253-476-5721

 

From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Bryce Dille
Sent: Tuesday, March 22, 2016 4:05 PM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Service on Wa Mu

 

I need to start an action to clear a deed of trust in favor of Wa Mu since
the underlying debt is barred by S/L Title still shows Wa Mu as owner of D/T
The question who do I serve since I believe Chase acquired the assets of Wa
Mu but this one has not been transferred. Does anyone have any thoughts on
service? Do I serve Chase as the successor in interest to Wa Mu.? Thanks

 

This transmission contains confidential attorney-client communications and
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Bryce H. Dille 

Campbell, Dille, Barnett & Smith,  PLLC

P.O. Box 488

Puyallup, WA  98371

Voice:  253.848.3513

Fax: 253.845.4941

bryced at cdb-law.com

 

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