12 Jul The Ygrene Loan had a repayment term of 20 years and incurred interest at the rate of 8
Defendant argues that Plaintiff does not have standing to sue for slander of title because “the Property was sold before the SAC was filed” and “Plaintiff did not have any interest in the property at the time the liens in question were recorded.” (Demurrer, p. -21, citing Plauch Decl., Exs. A-I; SAC, ¶ 26.)
· “[I]n or around , Plaintiff's predecessor-in-interest, Anchor Loans, LP, agreed to loan $614, (the ‘Anchor Loan') to Smart Solar, a company owned and controlled by Maldonado.” (SAC, ¶ 16.)
· “The Anchor Loan was evidenced by a promissory note (the ‘Note') and was intended to be used by Smart Solar to purchase the Property.” (Ibid.)
· “The Anchor Loan was secured by a Deed of Trust recorded against the Property in the Official Records of Los Angeles County as Document No. 2016-0490116 on (the ‘Deed of Trust').” (Ibid.)