Deutsche Bank Trust Company Americas v. Angeles, A-2522-11T1; Appellate Division; opinion by Koblitz, J.A.D.; decided and approved for publication October 11, 2012.Before Judges Koblitz, Accurso and Lisa. On appeal from the Chancery Division, Bergen County, F-20553-08. DDS No. 34-2-xxxx [8 pp.]
Yony R. Angeles executed a note for $454,400 with First Equity Financial Corporation, secured by a mortgage to Mortgage Electronic Registration Systems Inc. (MERS), as nominee for First Equity. After Angeles defaulted on the installment payments, Deutsche filed a foreclosure complaint, two weeks prior to the June 12, 2008, assignment of the mortgage by MERS to it.