The Court of Appeals in Maryland has ruled in the Sharma case that the general assembly did not intend for foreign statutory trusts to obtain a collection agency license under MCALA before it’s substitute trustees file foreclosure actions. As a result, your files which were on Sharma hold may now be released and can move forward. Please see attached link below.
For further discussions and/or questions on specific cases, please contact Diane Rosenberg or Mark Meyer.
They can be reached at 301 907-8000 or Diane@Rosenberg-Assoc.com (x1111) and Mark.Meyer@Rosenberg-Assoc.com (x1114) .
Rosenberg & Associates, LLC is a law firm specializing in foreclosure, bankruptcy, title, litigation, eviction & REO default legal services for servicers and lending institutions throughout Maryland, Virginia and the District of Columbia.