Deutsche Bank National Trust Company Does NOT Legally Exist as Trustee for Borrower Loans
MAR 10, 2020 | REPUBLISHED BY LIT: OCT 13, 2021
Several readers have sent me information regarding DBNTC and pointed out that I had misstated the status of DBNTC in past articles. I think they were at least partially right. Thanks to all the readers who sent in comments and information.
DBNTC is a name change from Banker’s Trust which was a real bank, organized and existing under national charter. So DBNTC exists under a national charter. But DBNTC is not a bank in the sense that it makes loans or collects deposits from customers. It is a trust management company. So bottom line, DBNTC does exist as a legal entity.
The conflict arises when the DBNTC name is used in conjunction with a REMIC Trust. This might appear as
“DBNTC as Trustee for the XYZ Trust” or
“DBNTC as Trustee on behalf of the holders of certificate series ABC-2008A” or
“DBNTC as Trustee for certificate series ABC-2008A” or
“DBNTC” as Trustee for the certificate holders of XYZ Trust series ABC-2008A”
Despite the variation in names it all adds up to the same thing.
Against All Odds: Elizabeth Callan Received a Mortgage-Free Home from Deutsche Bank
Eventually, Every Outlaw Agreed Deutsche Bank Didn’t Universally Abandon Acceleration, Except Deutsche Bank, who Released the Original Loan.
Ten Buck Bandit: Lawyer Silvia Mintz Files Fraudulent Legal Docs in Harris County Real Property Records
This article will be updated once the foreclosure trustee deed is (or isn’t) posted in real property records.
Eva Morales Sued by DBNTCO and Endures Bottom Feeder Foreclosure Mill Legal Shenanigans
LIT let this latest case percolate in the draft section and what happened on May 2, 2024 was expected, the case would be nonsuited by DBNTCO.
