Is Axos Bank Protecting Trump Tower and Doral Golf Course

[gab13by13]

There is a lot of shadiness involved with Hankey's bond, He is giving different answers as to what collateral Trump put up.

So if and when Trump loses his appeal he may owe upwards of 500 million by then, what can Tish James go after?

This Hankey character is a major shareholder in Axos bank and Axos bank has loaned Benedict Donald 225 million dollars for the commercial portion of Trump Tower and for Doral Golf Course. I am not a legal expert but would these loans prevent Letitia James from going after Trump Tower and Doral Golf course? Are those 2 loans protecting them from being confiscated?

Someone needs to take a hard look at Axos bank and money laundering.

https://www.rawstory.com/trump-appeals-bond/

Sorry about the Raw Story link, its articles are fine it's the site that sukks.

[Ocelot II]

1. The judgment liens on mortgaged property would be secondary

to the mortgages, which would have to be paid off from the proceeds of a forced sale . This is one reason why the other 30 surety companies didn't want real estate as collateral, and why having an appeal bond is preferable to directly attaching the property following a judgment. Commercial real estate tends to have lots of strings attached - mortgages, leases, etc. - that belong to other parties. The state's judgment lien wouldn't wipe out existing debts but would be subject to them, and the process of sorting out the interests of other parties tends to be complex, slow and expensive. The loans themselves could be legit but it's likely that Trump got good deals on them, possibly for some unknown quid pro quo.

[Fiendish Thingy]

4. So, Trump would still lose his properties, but the govt. goes to the back of the line of creditors? Nt

[Ocelot II]

5. There's a general rule regarding lien priority: First in time, first in right.

Whichever lien is recorded first in the land records generally has higher priority than later recorded liens. For example, a mortgage has priority over a judgment lien if the lender records it before the judgment creditor records its lien. There are some exceptions - usually tax liens have higher priority than other encumbrances. So, in a forced sale Trump would lose the property, but the mortgage would have to be paid first before the state got any money.

[Fiendish Thingy]

6. Him losing possession of his properties is what appeals to me the most. Nt

[RainCaster]

2. That he is deeply in debt for every property

While it will be gratifying to see TSF lose everything, whoever does that will get very little money for each property after all the loans are satisfied. Massive paperwork for each, and little in return. However, the world will finally see that SF for what he is- broke and fake.

[NoMoreRepugs]

3. Hankey panky from Hankey?

[lindysalsagal]

7. I'm no expert, but it figures that many firms/banks will lose gajillions when the don goes under

So they would rather keep few fingers in the holes in the dyke if it will save them from disaster.