IN RE MORTG. LENDERS NETWORK USA, INC.

Bankruptcy No. 07-10146 (PJW). Adversary No. 07-51683 (PJW).

406 B.R. 213 (2009)

In re MORTGAGE LENDERS NETWORK USA, INC., Debtor. Mortgage Lenders Network USA, Inc., Plaintiff, v. Wells Fargo Bank, National Association, Defendant.

United States Bankruptcy Court, D. Delaware.

June 2, 2009.


Attorney(s) appearing for the Case

Laura Davis Jones, Alan J. Kornfeld, Gillian N. Brown, Timothy P. Cairns, Pachulski Stang Ziehl & Jones LLP, Wilmington, DE, for the Debtor/Plaintiff.

Laurie A. Krepto, Montgomery, McCracken, Walker & Rhoads, LLP, Wilmington, DE, Steven M. Mertz, Charles F. Webber, Faegre & Benson LLP, Minneapolis, MN, for Defendant Wells Fargo Bank, N.A.


FINDINGS OF FACT AND CONCLUSIONS OF LAW

PETER J. WALSH, Bankruptcy Judge.

INTRODUCTION

These findings of fact and conclusions of law are with respect to the adversary proceeding initiated by Plaintiff Mortgage Lenders Network USA, Inc. ("MLN") against Defendant Wells Fargo Bank, National Association ("Wells Fargo"). MLN claims that Wells Fargo failed to reimburse MLN for servicing advances MLN made with respect to three trusts that were transferred...

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