Nationstar plays the I.O.U. trick to steal from Nona Tobin
Channel: JUDICIAL JIU-JITSU
Date: 2020-10-21

Nationstar never was owed the debt left on Bruce's Hansen's mortgage when he died. Nationstar only had a copy of the promissory note, but that was good enough for Judge Kishner to let Nationstar take a $389,000 bite out of Nona Tobin. Here's how the trick works: Nationstar found Bruce's I.O.U. made out to Western Thrift on the street somewhere. It was endorsed to Flagstaff Bank and then to Countrywide. Nationstar got Judge Kishner to say it was ok for Nationstar to collect the $389,000 from Nona Tobin. What a system!