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IN RE MORTG. FUNDING, INC.

Bankruptcy Nos. BK-LV-84-276, 84 MLV 557, 84 MLV 628, 84 MLV 707.

48 B.R. 152 (1985)

In re MORTGAGE FUNDING, INC., Debtor.

United States Bankruptcy Court, D. Nevada.

April 2, 1985.

Attorney(s) appearing for the Case

Robert Peccole, Leonard Schwartzer, James Wadsworth, Las Vegas, Nev., for movants.

Whitney Warnick, Las Vegas, Nev., for debtor.

MEMORANDUM DECISION

ROBERT CLIVE JONES, Bankruptcy Judge.

These three motions to lift stay require the Court to determine when the debtor's sale of promissory notes secured by deeds of trust in the secondary mortgage market is sufficiently complete to warrant exclusion from the estate under § 541(d) of the Bankruptcy Code. The Court must also determine what interest, if any, the debtor has in these notes and deeds of trust.

The debtor, Mortgage...

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