Westpac Banking Corporation v Mason [2011] NSWSC 1241

In Westpac Banking Corporation v Mason [2011] NSWSC 1241 the defendants attempted to avoid foreclosure arguing that securitizing a loan is misleading, deceptive, and unconscionable conduct, and that the bank could not enforce the loan agreement, as it had: “…already received a financial benefit for its “equitable interests” in the loan agreement and mortgage; that it has suffered no loss; that any loss suffered by the defendants’ default has been suffered not by the plaintiff but by some unidentified third party; … Continue reading Westpac Banking Corporation v Mason [2011] NSWSC 1241
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