Federal Judge Finds Land Trust Is Subject To Bank's Lien On Property

(December 1, 2015, 12:08 PM EST) -- FORT WORTH, Texas — A Texas federal judge on Nov. 30 granted a bank's motion for summary judgment on claims asserted by a land trust for quiet title and injunctive relief to prevent foreclosure, finding that the bank held the note and that the trust was subject to a lien (Saddle Blanket 1316 Land Trust v. The Bank of New York Mellon, F/K/A The Bank of New York, as Trustee For The Certificateholders of Cwalt, Inc. Alternative Loan Trust 2006-31cb Mortgage Pass-Through Certificates, Series 2006-31cb, No. 4:15-CV-401, N.D. Texas; 2015 U.S. Dist. LEXIS 160363)....

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