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Collateral issue

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COLLATERAL ISSUE, practice, pleading. Where a criminal convict pleads any matter, allowed by law, in bar of execution; as pregnancy, a pardon, and the like.



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15 was the first day of trading after: * Lehman Brothers files for Chapter 11 bankruptcy; * Merrill Lynch announces it will be acquired by Bank of America; and * New York agrees to help American International Group with collateral issue.
I want fewer young women coming to the courthouse with these collateral issues.
Servicers with HELOCs in their portfolios must be able to carefully track these and other collateral issues.
 
 
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