
CASE 18.1 Eaton v.Federal National Mortgage Association (2012) dealt with the underlying promissory note,the assignments to a third party,andthe true mortgagee-in-fact.After reviewing the relevant common and statutory laws,the court concluded that the true __________ means the party __________.
A) mortgagee, securing the note on the real property
B) mortgagor, transferring legal title of the real property to the lender
C) mortgagee, transferring legal title of the real property to the lender
D) mortgagee, holding the underlying mortgage note
Correct Answer:
Verified
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