Saturday, July 31, 2021

PNC Bank Files Friday Night Request For Subpoena on Dreambuilders in SDNY

By Matthew Russell Lee, Patreon

BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, July 30 –  PNC Bank has been sued for assignment of loan to "Dreambuilder Investments, LLC which describes itself as "a mortgage resolution and investment company bringing liquidity, efficiency and humanity to distressed markets."

  On July 30 PNC filed a request in the U.S. District Court for the Southern District of New York for an order empowering a subpoena on Dreambuilder of 30 Wall Street and its CEO Peter J Andrews of 55 Liberty Street.

  In another Federal case, an order says "Dreambuilder Investments LLC (“DBI”) is owned by a series of LLCs, each of which owned by Andrews and Rockingham Capital."

  Inner City Press, which covers the SDNY, found and is immediately reporting on the case. It is In Re Application of PNC Bank, N.A., 21-mc-611 (Unassigned)

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