id	sid	tid	token	lemma	pos
cjal-3204	1	1	chinese	chinese	ADJ
cjal-3204	1	2	mortgage	mortgage	NOUN
cjal-3204	1	3	law	law	NOUN
cjal-3204	1	4	:	:	PUNCT
cjal-3204	1	5	an	an	DET
cjal-3204	1	6	american	american	PROPN
cjal-3204	1	7	perspective	perspective	PROPN
cjal-3204	1	8	chinese	chinese	PROPN
cjal-3204	1	9	mortgage	mortgage	NOUN
cjal-3204	1	10	law	law	NOUN
cjal-3204	1	11	:	:	PUNCT
cjal-3204	1	12	an	an	DET
cjal-3204	1	13	american	american	PROPN
cjal-3204	1	14	perspective	perspective	PROPN
cjal-3204	1	15	dale	dale	PROPN
cjal-3204	1	16	a.	a.	PROPN
cjal-3204	1	17	whitman	whitman	PROPN
cjal-3204	1	18	"	"	PUNCT
cjal-3204	1	19	i.	i.	PROPN
cjal-3204	1	20	introduction	introduction	NOUN
cjal-3204	1	21	to	to	ADP
cjal-3204	1	22	chinese	chinese	ADJ
cjal-3204	1	23	real	real	ADJ
cjal-3204	1	24	estate	estate	NOUN
cjal-3204	1	25	law	law	NOUN
cjal-3204	1	26	............................	............................	PUNCT
cjal-3204	1	27	37	37	NUM
cjal-3204	1	28	ii	ii	NOUN
cjal-3204	1	29	.	.	PUNCT
cjal-3204	2	1	transfers	transfer	NOUN
cjal-3204	2	2	of	of	ADP
cjal-3204	2	3	mortgaged	mortgaged	ADJ
cjal-3204	2	4	real	real	ADJ
cjal-3204	2	5	estate	estate	NOUN
cjal-3204	2	6	....................................	....................................	PUNCT
cjal-3204	2	7	40	40	NUM
cjal-3204	2	8	iii	iii	NOUN
cjal-3204	2	9	.	.	PUNCT
cjal-3204	3	1	transfers	transfer	NOUN
cjal-3204	3	2	of	of	ADP
cjal-3204	3	3	mortgages	mortgage	NOUN
cjal-3204	3	4	...........................................................	...........................................................	PUNCT
cjal-3204	3	5	57	57	NUM
cjal-3204	3	6	iv	iv	NOUN
cjal-3204	3	7	.	.	PUNCT
cjal-3204	3	8	foreclosure	foreclosure	NOUN
cjal-3204	3	9	of	of	ADP
cjal-3204	3	10	mortgages	mortgage	NOUN
cjal-3204	3	11	......................................................	......................................................	PUNCT
cjal-3204	3	12	65	65	NUM
cjal-3204	4	1	v.	v.	ADP
cjal-3204	4	2	conclusion	conclusion	NOUN
cjal-3204	4	3	..................................................................................	..................................................................................	PUNCT
cjal-3204	4	4	79	79	NUM
cjal-3204	4	5	o	o	NOUN
cjal-3204	4	6	professor	professor	NOUN
cjal-3204	4	7	of	of	ADP
cjal-3204	4	8	law	law	NOUN
cjal-3204	4	9	,	,	PUNCT
cjal-3204	4	10	university	university	PROPN
cjal-3204	4	11	of	of	ADP
cjal-3204	4	12	mlissouri	mlissouri	PROPN
cjal-3204	4	13	-	-	PROPN
cjal-3204	4	14	columbia	columbia	PROPN
cjal-3204	4	15	.	.	PUNCT
cjal-3204	5	1	the	the	DET
cjal-3204	5	2	author	author	NOUN
cjal-3204	5	3	is	be	AUX
cjal-3204	5	4	avilable	avilable	ADJ
cjal-3204	5	5	at	at	ADP
cjal-3204	5	6	<	<	X
cjal-3204	5	7	whitmand@missouri.edu	whitmand@missouri.edu	X
cjal-3204	5	8	>	>	PROPN
cjal-3204	5	9	.	.	PUNCT
cjal-3204	6	1	columbia	columbia	PROPN
cjal-3204	6	2	journal	journal	PROPN
cjal-3204	6	3	of	of	ADP
cjal-3204	6	4	asian	asian	ADJ
cjal-3204	6	5	law	law	NOUN
cjal-3204	6	6	the	the	DET
cjal-3204	6	7	task	task	NOUN
cjal-3204	6	8	of	of	ADP
cjal-3204	6	9	creating	create	VERB
cjal-3204	6	10	a	a	DET
cjal-3204	6	11	system	system	NOUN
cjal-3204	6	12	of	of	ADP
cjal-3204	6	13	law	law	NOUN
cjal-3204	6	14	for	for	ADP
cjal-3204	6	15	real	real	ADJ
cjal-3204	6	16	estate	estate	NOUN
cjal-3204	6	17	security	security	NOUN
cjal-3204	6	18	interests	interest	NOUN
cjal-3204	6	19	is	be	AUX
cjal-3204	6	20	a	a	DET
cjal-3204	6	21	daunting	daunt	VERB
cjal-3204	6	22	one	one	NUM
cjal-3204	6	23	and	and	CCONJ
cjal-3204	6	24	all	all	DET
cjal-3204	6	25	the	the	DET
cjal-3204	6	26	more	more	ADV
cjal-3204	6	27	so	so	ADV
cjal-3204	6	28	if	if	SCONJ
cjal-3204	6	29	it	it	PRON
cjal-3204	6	30	must	must	AUX
cjal-3204	6	31	be	be	AUX
cjal-3204	6	32	done	do	VERB
cjal-3204	6	33	very	very	ADV
cjal-3204	6	34	quickly	quickly	ADV
cjal-3204	6	35	.	.	PUNCT
cjal-3204	7	1	the	the	DET
cjal-3204	7	2	law	law	NOUN
cjal-3204	7	3	of	of	ADP
cjal-3204	7	4	mortgages	mortgage	NOUN
cjal-3204	7	5	that	that	PRON
cjal-3204	7	6	prevails	prevail	VERB
cjal-3204	7	7	in	in	ADP
cjal-3204	7	8	the	the	DET
cjal-3204	7	9	united	united	PROPN
cjal-3204	7	10	states	states	PROPN
cjal-3204	7	11	,	,	PUNCT
cjal-3204	7	12	the	the	DET
cjal-3204	7	13	united	united	ADJ
cjal-3204	7	14	kingdom	kingdom	PROPN
cjal-3204	7	15	,	,	PUNCT
cjal-3204	7	16	and	and	CCONJ
cjal-3204	7	17	the	the	DET
cjal-3204	7	18	other	other	ADJ
cjal-3204	7	19	nations	nation	NOUN
cjal-3204	7	20	whose	whose	DET
cjal-3204	7	21	legal	legal	ADJ
cjal-3204	7	22	systems	system	NOUN
cjal-3204	7	23	were	be	AUX
cjal-3204	7	24	derived	derive	VERB
cjal-3204	7	25	from	from	ADP
cjal-3204	7	26	england	england	PROPN
cjal-3204	7	27	has	have	AUX
cjal-3204	7	28	had	have	VERB
cjal-3204	7	29	the	the	DET
cjal-3204	7	30	luxury	luxury	NOUN
cjal-3204	7	31	of	of	ADP
cjal-3204	7	32	some	some	DET
cjal-3204	7	33	600	600	NUM
cjal-3204	7	34	years	year	NOUN
cjal-3204	7	35	of	of	ADP
cjal-3204	7	36	development	development	NOUN
cjal-3204	7	37	.	.	PUNCT
cjal-3204	7	38	'	'	PUNCT
cjal-3204	8	1	by	by	ADP
cjal-3204	8	2	contrast	contrast	NOUN
cjal-3204	8	3	,	,	PUNCT
cjal-3204	8	4	the	the	DET
cjal-3204	8	5	people	people	NOUN
cjal-3204	8	6	's	's	PART
cjal-3204	8	7	republic	republic	NOUN
cjal-3204	8	8	of	of	ADP
cjal-3204	8	9	china	china	PROPN
cjal-3204	8	10	had	have	VERB
cjal-3204	8	11	little	little	ADJ
cjal-3204	8	12	privately	privately	ADV
cjal-3204	8	13	-	-	PUNCT
cjal-3204	8	14	owned	own	VERB
cjal-3204	8	15	real	real	ADJ
cjal-3204	8	16	property	property	NOUN
cjal-3204	8	17	,	,	PUNCT
cjal-3204	8	18	and	and	CCONJ
cjal-3204	8	19	hence	hence	ADV
cjal-3204	8	20	little	little	ADJ
cjal-3204	8	21	need	need	NOUN
cjal-3204	8	22	for	for	ADP
cjal-3204	8	23	a	a	DET
cjal-3204	8	24	law	law	NOUN
cjal-3204	8	25	of	of	ADP
cjal-3204	8	26	real	real	ADJ
cjal-3204	8	27	estate	estate	NOUN
cjal-3204	8	28	security	security	NOUN
cjal-3204	8	29	,	,	PUNCT
cjal-3204	8	30	until	until	ADP
cjal-3204	8	31	1988	1988	NUM
cjal-3204	8	32	.	.	PUNCT
cjal-3204	9	1	from	from	ADP
cjal-3204	9	2	that	that	DET
cjal-3204	9	3	time	time	NOUN
cjal-3204	9	4	to	to	ADP
cjal-3204	9	5	the	the	DET
cjal-3204	9	6	present	present	NOUN
cjal-3204	9	7	,	,	PUNCT
cjal-3204	9	8	the	the	DET
cjal-3204	9	9	chinese	chinese	ADJ
cjal-3204	9	10	government	government	NOUN
cjal-3204	9	11	has	have	AUX
cjal-3204	9	12	been	be	AUX
cjal-3204	9	13	aggressively	aggressively	ADV
cjal-3204	9	14	building	build	VERB
cjal-3204	9	15	a	a	DET
cjal-3204	9	16	system	system	NOUN
cjal-3204	9	17	of	of	ADP
cjal-3204	9	18	real	real	ADJ
cjal-3204	9	19	estate	estate	NOUN
cjal-3204	9	20	finance	finance	NOUN
cjal-3204	9	21	that	that	PRON
cjal-3204	9	22	can	can	AUX
cjal-3204	9	23	support	support	VERB
cjal-3204	9	24	private	private	ADJ
cjal-3204	9	25	ownership	ownership	NOUN
cjal-3204	9	26	of	of	ADP
cjal-3204	9	27	property	property	NOUN
cjal-3204	9	28	.	.	PUNCT
cjal-3204	10	1	in	in	ADP
cjal-3204	10	2	general	general	ADJ
cjal-3204	10	3	,	,	PUNCT
cjal-3204	10	4	this	this	DET
cjal-3204	10	5	effort	effort	NOUN
cjal-3204	10	6	has	have	AUX
cjal-3204	10	7	been	be	AUX
cjal-3204	10	8	remarkably	remarkably	ADV
cjal-3204	10	9	successful	successful	ADJ
cjal-3204	10	10	and	and	CCONJ
cjal-3204	10	11	stands	stand	VERB
cjal-3204	10	12	as	as	ADP
cjal-3204	10	13	a	a	DET
cjal-3204	10	14	great	great	ADJ
cjal-3204	10	15	compliment	compliment	NOUN
cjal-3204	10	16	to	to	ADP
cjal-3204	10	17	its	its	PRON
cjal-3204	10	18	drafters	drafter	NOUN
cjal-3204	10	19	.	.	PUNCT
cjal-3204	11	1	loans	loan	NOUN
cjal-3204	11	2	on	on	ADP
cjal-3204	11	3	the	the	DET
cjal-3204	11	4	security	security	NOUN
cjal-3204	11	5	of	of	ADP
cjal-3204	11	6	houses	house	NOUN
cjal-3204	11	7	,	,	PUNCT
cjal-3204	11	8	apartments	apartment	NOUN
cjal-3204	11	9	,	,	PUNCT
cjal-3204	11	10	and	and	CCONJ
cjal-3204	11	11	commercial	commercial	ADJ
cjal-3204	11	12	land	land	NOUN
cjal-3204	11	13	and	and	CCONJ
cjal-3204	11	14	buildings	building	NOUN
cjal-3204	11	15	are	be	AUX
cjal-3204	11	16	made	make	VERB
cjal-3204	11	17	every	every	DET
cjal-3204	11	18	day	day	NOUN
cjal-3204	11	19	,	,	PUNCT
cjal-3204	11	20	and	and	CCONJ
cjal-3204	11	21	without	without	ADP
cjal-3204	11	22	doubt	doubt	NOUN
cjal-3204	11	23	have	have	AUX
cjal-3204	11	24	contributed	contribute	VERB
cjal-3204	11	25	vastly	vastly	ADV
cjal-3204	11	26	to	to	ADP
cjal-3204	11	27	the	the	DET
cjal-3204	11	28	economic	economic	ADJ
cjal-3204	11	29	development	development	NOUN
cjal-3204	11	30	of	of	ADP
cjal-3204	11	31	china	china	PROPN
cjal-3204	11	32	during	during	ADP
cjal-3204	11	33	the	the	DET
cjal-3204	11	34	past	past	ADJ
cjal-3204	11	35	decade	decade	NOUN
cjal-3204	11	36	.	.	PUNCT
cjal-3204	12	1	at	at	ADP
cjal-3204	12	2	the	the	DET
cjal-3204	12	3	same	same	ADJ
cjal-3204	12	4	time	time	NOUN
cjal-3204	12	5	,	,	PUNCT
cjal-3204	12	6	however	however	ADV
cjal-3204	12	7	,	,	PUNCT
cjal-3204	12	8	chinese	chinese	ADJ
cjal-3204	12	9	mortgage	mortgage	NOUN
cjal-3204	12	10	law	law	NOUN
cjal-3204	12	11	has	have	VERB
cjal-3204	12	12	a	a	DET
cjal-3204	12	13	number	number	NOUN
cjal-3204	12	14	of	of	ADP
cjal-3204	12	15	serious	serious	ADJ
cjal-3204	12	16	problems	problem	NOUN
cjal-3204	12	17	features	feature	VERB
cjal-3204	12	18	which	which	PRON
cjal-3204	12	19	are	be	AUX
cjal-3204	12	20	either	either	CCONJ
cjal-3204	12	21	uncertain	uncertain	ADJ
cjal-3204	12	22	in	in	ADP
cjal-3204	12	23	operation	operation	NOUN
cjal-3204	12	24	,	,	PUNCT
cjal-3204	12	25	or	or	CCONJ
cjal-3204	12	26	which	which	PRON
cjal-3204	12	27	are	be	AUX
cjal-3204	12	28	unnecessary	unnecessary	ADJ
cjal-3204	12	29	stumbling	stumble	VERB
cjal-3204	12	30	blocks	block	NOUN
cjal-3204	12	31	to	to	ADP
cjal-3204	12	32	the	the	DET
cjal-3204	12	33	smooth	smooth	ADJ
cjal-3204	12	34	and	and	CCONJ
cjal-3204	12	35	efficient	efficient	ADJ
cjal-3204	12	36	functioning	functioning	NOUN
cjal-3204	12	37	of	of	ADP
cjal-3204	12	38	the	the	DET
cjal-3204	12	39	market	market	NOUN
cjal-3204	12	40	in	in	ADP
cjal-3204	12	41	real	real	ADJ
cjal-3204	12	42	estate	estate	NOUN
cjal-3204	12	43	financing	financing	NOUN
cjal-3204	12	44	.	.	PUNCT
cjal-3204	13	1	this	this	DET
cjal-3204	13	2	statement	statement	NOUN
cjal-3204	13	3	should	should	AUX
cjal-3204	13	4	not	not	PART
cjal-3204	13	5	be	be	AUX
cjal-3204	13	6	taken	take	VERB
cjal-3204	13	7	as	as	ADP
cjal-3204	13	8	unduly	unduly	ADV
cjal-3204	13	9	critical	critical	ADJ
cjal-3204	13	10	of	of	ADP
cjal-3204	13	11	the	the	DET
cjal-3204	13	12	system	system	NOUN
cjal-3204	13	13	's	's	PART
cjal-3204	13	14	designers	designer	NOUN
cjal-3204	13	15	.	.	PUNCT
cjal-3204	14	1	to	to	ADP
cjal-3204	14	2	a	a	DET
cjal-3204	14	3	great	great	ADJ
cjal-3204	14	4	extent	extent	NOUN
cjal-3204	14	5	,	,	PUNCT
cjal-3204	14	6	the	the	DET
cjal-3204	14	7	same	same	ADJ
cjal-3204	14	8	could	could	AUX
cjal-3204	14	9	be	be	AUX
cjal-3204	14	10	said	say	VERB
cjal-3204	14	11	of	of	ADP
cjal-3204	14	12	real	real	ADJ
cjal-3204	14	13	estate	estate	NOUN
cjal-3204	14	14	finance	finance	NOUN
cjal-3204	14	15	law	law	NOUN
cjal-3204	14	16	in	in	ADP
cjal-3204	14	17	the	the	DET
cjal-3204	14	18	united	united	PROPN
cjal-3204	14	19	states	states	PROPN
cjal-3204	14	20	:	:	PUNCT
cjal-3204	14	21	that	that	SCONJ
cjal-3204	14	22	despite	despite	SCONJ
cjal-3204	14	23	more	more	ADJ
cjal-3204	14	24	than	than	ADP
cjal-3204	14	25	two	two	NUM
cjal-3204	14	26	centuries	century	NOUN
cjal-3204	14	27	of	of	ADP
cjal-3204	14	28	development	development	NOUN
cjal-3204	14	29	here	here	ADV
cjal-3204	14	30	and	and	CCONJ
cjal-3204	14	31	four	four	NUM
cjal-3204	14	32	more	more	ADJ
cjal-3204	14	33	in	in	ADP
cjal-3204	14	34	england	england	PROPN
cjal-3204	14	35	,	,	PUNCT
cjal-3204	14	36	it	it	PRON
cjal-3204	14	37	continues	continue	VERB
cjal-3204	14	38	to	to	PART
cjal-3204	14	39	exhibit	exhibit	VERB
cjal-3204	14	40	some	some	DET
cjal-3204	14	41	uncertainty	uncertainty	NOUN
cjal-3204	14	42	and	and	CCONJ
cjal-3204	14	43	to	to	PART
cjal-3204	14	44	impose	impose	VERB
cjal-3204	14	45	some	some	DET
cjal-3204	14	46	unnecessary	unnecessary	ADJ
cjal-3204	14	47	barriers	barrier	NOUN
cjal-3204	14	48	to	to	ADP
cjal-3204	14	49	the	the	DET
cjal-3204	14	50	flow	flow	NOUN
cjal-3204	14	51	of	of	ADP
cjal-3204	14	52	capital	capital	NOUN
cjal-3204	14	53	.	.	PUNCT
cjal-3204	15	1	the	the	DET
cjal-3204	15	2	fact	fact	NOUN
cjal-3204	15	3	that	that	SCONJ
cjal-3204	15	4	the	the	DET
cjal-3204	15	5	designers	designer	NOUN
cjal-3204	15	6	of	of	ADP
cjal-3204	15	7	the	the	DET
cjal-3204	15	8	chinese	chinese	ADJ
cjal-3204	15	9	system	system	NOUN
cjal-3204	15	10	could	could	AUX
cjal-3204	15	11	achieve	achieve	VERB
cjal-3204	15	12	what	what	PRON
cjal-3204	15	13	they	they	PRON
cjal-3204	15	14	have	have	VERB
cjal-3204	15	15	in	in	ADP
cjal-3204	15	16	little	little	ADJ
cjal-3204	15	17	more	more	ADJ
cjal-3204	15	18	than	than	ADP
cjal-3204	15	19	a	a	DET
cjal-3204	15	20	decade	decade	NOUN
cjal-3204	15	21	is	be	AUX
cjal-3204	15	22	impressive	impressive	ADJ
cjal-3204	15	23	indeed	indeed	ADV
cjal-3204	15	24	.	.	PUNCT
cjal-3204	16	1	my	my	PRON
cjal-3204	16	2	objective	objective	NOUN
cjal-3204	16	3	in	in	ADP
cjal-3204	16	4	this	this	DET
cjal-3204	16	5	paper	paper	NOUN
cjal-3204	16	6	is	be	AUX
cjal-3204	16	7	to	to	PART
cjal-3204	16	8	compare	compare	VERB
cjal-3204	16	9	and	and	CCONJ
cjal-3204	16	10	to	to	PART
cjal-3204	16	11	evaluate	evaluate	VERB
cjal-3204	16	12	some	some	PRON
cjal-3204	16	13	of	of	ADP
cjal-3204	16	14	the	the	DET
cjal-3204	16	15	features	feature	NOUN
cjal-3204	16	16	of	of	ADP
cjal-3204	16	17	the	the	DET
cjal-3204	16	18	american	american	ADJ
cjal-3204	16	19	and	and	CCONJ
cjal-3204	16	20	chinese	chinese	ADJ
cjal-3204	16	21	systems	system	NOUN
cjal-3204	16	22	.	.	PUNCT
cjal-3204	17	1	i	i	PRON
cjal-3204	17	2	do	do	VERB
cjal-3204	17	3	so	so	ADV
cjal-3204	17	4	without	without	ADP
cjal-3204	17	5	any	any	DET
cjal-3204	17	6	preconception	preconception	NOUN
cjal-3204	17	7	that	that	PRON
cjal-3204	17	8	the	the	DET
cjal-3204	17	9	american	american	ADJ
cjal-3204	17	10	system	system	NOUN
cjal-3204	17	11	provides	provide	VERB
cjal-3204	17	12	better	well	ADJ
cjal-3204	17	13	answers	answer	NOUN
cjal-3204	17	14	,	,	PUNCT
cjal-3204	17	15	but	but	CCONJ
cjal-3204	17	16	with	with	ADP
cjal-3204	17	17	the	the	DET
cjal-3204	17	18	recognition	recognition	NOUN
cjal-3204	17	19	that	that	SCONJ
cjal-3204	17	20	it	it	PRON
cjal-3204	17	21	is	be	AUX
cjal-3204	17	22	far	far	ADV
cjal-3204	17	23	more	more	ADV
cjal-3204	17	24	mature	mature	ADJ
cjal-3204	17	25	and	and	CCONJ
cjal-3204	17	26	provides	provide	VERB
cjal-3204	17	27	more	more	ADJ
cjal-3204	17	28	answers	answer	NOUN
cjal-3204	17	29	.	.	PUNCT
cjal-3204	18	1	hence	hence	ADV
cjal-3204	18	2	it	it	PRON
cjal-3204	18	3	provides	provide	VERB
cjal-3204	18	4	a	a	DET
cjal-3204	18	5	reference	reference	NOUN
cjal-3204	18	6	point	point	NOUN
cjal-3204	18	7	from	from	ADP
cjal-3204	18	8	which	which	PRON
cjal-3204	18	9	the	the	DET
cjal-3204	18	10	chinese	chinese	ADJ
cjal-3204	18	11	system	system	NOUN
cjal-3204	18	12	can	can	AUX
cjal-3204	18	13	be	be	AUX
cjal-3204	18	14	considered	consider	VERB
cjal-3204	18	15	.	.	PUNCT
cjal-3204	19	1	perhaps	perhaps	ADV
cjal-3204	19	2	each	each	DET
cjal-3204	19	3	system	system	NOUN
cjal-3204	19	4	has	have	VERB
cjal-3204	19	5	something	something	PRON
cjal-3204	19	6	to	to	PART
cjal-3204	19	7	teach	teach	VERB
cjal-3204	19	8	the	the	DET
cjal-3204	19	9	other.2	other.2	PROPN
cjal-3204	19	10	1	1	NUM
cjal-3204	19	11	.	.	PUNCT
cjal-3204	20	1	the	the	DET
cjal-3204	20	2	origins	origin	NOUN
cjal-3204	20	3	of	of	ADP
cjal-3204	20	4	english	english	ADJ
cjal-3204	20	5	mortgage	mortgage	NOUN
cjal-3204	20	6	law	law	NOUN
cjal-3204	20	7	date	date	NOUN
cjal-3204	20	8	to	to	ADP
cjal-3204	20	9	the	the	DET
cjal-3204	20	10	14th	14th	ADJ
cjal-3204	20	11	and	and	CCONJ
cjal-3204	20	12	15th	15th	ADJ
cjal-3204	20	13	centuries	century	NOUN
cjal-3204	20	14	.	.	PUNCT
cjal-3204	21	1	see	see	VERB
cjal-3204	21	2	grant	grant	PROPN
cjal-3204	21	3	s.	s.	PROPN
cjal-3204	21	4	nelson	nelson	PROPN
cjal-3204	21	5	&	&	CCONJ
cjal-3204	21	6	dale	dale	PROPN
cjal-3204	21	7	a.	a.	PROPN
cjal-3204	21	8	whitman	whitman	PROPN
cjal-3204	21	9	,	,	PUNCT
cjal-3204	21	10	real	real	ADJ
cjal-3204	21	11	estate	estate	NOUN
cjal-3204	21	12	finance	finance	NOUN
cjal-3204	21	13	law	law	NOUN
cjal-3204	21	14	§	§	PROPN
cjal-3204	21	15	1.2	1.2	NUM
cjal-3204	21	16	(	(	PUNCT
cjal-3204	21	17	3d	3d	NUM
cjal-3204	21	18	ed	ed	NOUN
cjal-3204	21	19	.	.	PROPN
cjal-3204	21	20	1994	1994	NUM
cjal-3204	21	21	)	)	PUNCT
cjal-3204	21	22	(	(	PUNCT
cjal-3204	21	23	hereafter	hereafter	ADV
cjal-3204	21	24	cited	cite	VERB
cjal-3204	21	25	"	"	PUNCT
cjal-3204	21	26	nelson	nelson	PROPN
cjal-3204	21	27	&	&	CCONJ
cjal-3204	21	28	whitman	whitman	PROPN
cjal-3204	21	29	"	"	PUNCT
cjal-3204	21	30	)	)	PUNCT
cjal-3204	21	31	;	;	PUNCT
cjal-3204	21	32	george	george	PROPN
cjal-3204	21	33	s.	s.	PROPN
cjal-3204	21	34	osborne	osborne	PROPN
cjal-3204	21	35	,	,	PUNCT
cjal-3204	21	36	mortgages	mortgage	NOUN
cjal-3204	21	37	§	§	PROPN
cjal-3204	21	38	6	6	NUM
cjal-3204	21	39	(	(	PUNCT
cjal-3204	21	40	2d	2d	NUM
cjal-3204	21	41	ed	ed	NOUN
cjal-3204	21	42	.	.	PROPN
cjal-3204	21	43	1970	1970	NUM
cjal-3204	21	44	)	)	PUNCT
cjal-3204	21	45	.	.	PUNCT
cjal-3204	22	1	2	2	X
cjal-3204	22	2	.	.	PUNCT
cjal-3204	22	3	because	because	SCONJ
cjal-3204	22	4	i	i	PRON
cjal-3204	22	5	do	do	AUX
cjal-3204	22	6	not	not	PART
cjal-3204	22	7	read	read	VERB
cjal-3204	22	8	chinese	chinese	PROPN
cjal-3204	22	9	,	,	PUNCT
cjal-3204	22	10	i	i	PRON
cjal-3204	22	11	have	have	AUX
cjal-3204	22	12	necessarily	necessarily	ADV
cjal-3204	22	13	relied	rely	VERB
cjal-3204	22	14	on	on	ADP
cjal-3204	22	15	translations	translation	NOUN
cjal-3204	22	16	and	and	CCONJ
cjal-3204	22	17	secondary	secondary	ADJ
cjal-3204	22	18	sources	source	NOUN
cjal-3204	22	19	for	for	ADP
cjal-3204	22	20	information	information	NOUN
cjal-3204	22	21	about	about	ADP
cjal-3204	22	22	the	the	DET
cjal-3204	22	23	laws	law	NOUN
cjal-3204	22	24	of	of	ADP
cjal-3204	22	25	the	the	DET
cjal-3204	22	26	people	people	NOUN
cjal-3204	22	27	's	's	PART
cjal-3204	22	28	republic	republic	NOUN
cjal-3204	22	29	.	.	PUNCT
cjal-3204	23	1	fortunately	fortunately	ADV
cjal-3204	23	2	,	,	PUNCT
cjal-3204	23	3	an	an	DET
cjal-3204	23	4	excellent	excellent	ADJ
cjal-3204	23	5	book	book	NOUN
cjal-3204	23	6	on	on	ADP
cjal-3204	23	7	the	the	DET
cjal-3204	23	8	subject	subject	NOUN
cjal-3204	23	9	,	,	PUNCT
cjal-3204	23	10	authored	author	VERB
cjal-3204	23	11	by	by	ADP
cjal-3204	23	12	professor	professor	PROPN
cjal-3204	23	13	patrick	patrick	PROPN
cjal-3204	23	14	a.	a.	PROPN
cjal-3204	23	15	randolph	randolph	PROPN
cjal-3204	23	16	of	of	ADP
cjal-3204	23	17	the	the	DET
cjal-3204	23	18	university	university	PROPN
cjal-3204	23	19	of	of	ADP
cjal-3204	23	20	missouri	missouri	PROPN
cjal-3204	23	21	-	-	PROPN
cjal-3204	23	22	kansas	kansas	PROPN
cjal-3204	23	23	city	city	PROPN
cjal-3204	23	24	and	and	CCONJ
cjal-3204	23	25	professor	professor	NOUN
cjal-3204	23	26	lou	lou	PROPN
cjal-3204	23	27	jianbo	jianbo	PROPN
cjal-3204	23	28	of	of	ADP
cjal-3204	23	29	beijing	beijing	PROPN
cjal-3204	23	30	university	university	PROPN
cjal-3204	23	31	,	,	PUNCT
cjal-3204	23	32	has	have	AUX
cjal-3204	23	33	recently	recently	ADV
cjal-3204	23	34	been	be	AUX
cjal-3204	23	35	published	publish	VERB
cjal-3204	23	36	:	:	PUNCT
cjal-3204	23	37	patrick	patrick	PROPN
cjal-3204	23	38	a.	a.	PROPN
cjal-3204	23	39	randolph	randolph	PROPN
cjal-3204	23	40	&	&	CCONJ
cjal-3204	23	41	lou	lou	PROPN
cjal-3204	23	42	jianbo	jianbo	PROPN
cjal-3204	23	43	,	,	PUNCT
cjal-3204	23	44	chinese	chinese	ADJ
cjal-3204	23	45	real	real	ADJ
cjal-3204	23	46	estate	estate	NOUN
cjal-3204	23	47	law	law	NOUN
cjal-3204	23	48	(	(	PUNCT
cjal-3204	23	49	2000	2000	NUM
cjal-3204	23	50	)	)	PUNCT
cjal-3204	24	1	[	[	X
cjal-3204	24	2	hereafter	hereafter	ADV
cjal-3204	24	3	referred	refer	VERB
cjal-3204	24	4	to	to	ADP
cjal-3204	24	5	as	as	ADP
cjal-3204	24	6	"	"	PUNCT
cjal-3204	24	7	randolph	randolph	PROPN
cjal-3204	24	8	&	&	CCONJ
cjal-3204	24	9	lou	lou	PROPN
cjal-3204	24	10	"	"	PUNCT
cjal-3204	24	11	]	]	PUNCT
cjal-3204	24	12	.	.	PUNCT
cjal-3204	25	1	much	much	ADJ
cjal-3204	25	2	of	of	ADP
cjal-3204	25	3	the	the	DET
cjal-3204	25	4	understanding	understanding	NOUN
cjal-3204	25	5	of	of	ADP
cjal-3204	25	6	chinese	chinese	ADJ
cjal-3204	25	7	law	law	NOUN
cjal-3204	25	8	reflected	reflect	VERB
cjal-3204	25	9	in	in	ADP
cjal-3204	25	10	this	this	DET
cjal-3204	25	11	paper	paper	NOUN
cjal-3204	25	12	is	be	AUX
cjal-3204	25	13	traceable	traceable	ADJ
cjal-3204	25	14	to	to	ADP
cjal-3204	25	15	the	the	DET
cjal-3204	25	16	work	work	NOUN
cjal-3204	25	17	randolph	randolph	PROPN
cjal-3204	25	18	and	and	CCONJ
cjal-3204	25	19	lou	lou	PROPN
cjal-3204	25	20	.	.	PUNCT
cjal-3204	26	1	an	an	DET
cjal-3204	26	2	earlier	early	ADJ
cjal-3204	26	3	version	version	NOUN
cjal-3204	26	4	of	of	ADP
cjal-3204	26	5	the	the	DET
cjal-3204	26	6	authors	author	NOUN
cjal-3204	26	7	'	'	PART
cjal-3204	26	8	work	work	NOUN
cjal-3204	26	9	in	in	ADP
cjal-3204	26	10	this	this	DET
cjal-3204	26	11	area	area	NOUN
cjal-3204	26	12	is	be	AUX
cjal-3204	26	13	patrick	patrick	PROPN
cjal-3204	26	14	a.	a.	PROPN
cjal-3204	26	15	randolph	randolph	PROPN
cjal-3204	26	16	&	&	CCONJ
cjal-3204	26	17	lou	lou	PROPN
cjal-3204	26	18	jianbo	jianbo	PROPN
cjal-3204	26	19	,	,	PUNCT
cjal-3204	26	20	chinese	chinese	ADJ
cjal-3204	26	21	real	real	ADJ
cjal-3204	26	22	estate	estate	NOUN
cjal-3204	26	23	mortgage	mortgage	NOUN
cjal-3204	26	24	lav	lav	NOUN
cjal-3204	26	25	,	,	PUNCT
cjal-3204	27	1	8	8	NUM
cjal-3204	27	2	pac	pac	PROPN
cjal-3204	27	3	.	.	PUNCT
cjal-3204	27	4	rim	rim	PROPN
cjal-3204	27	5	l.	l.	PROPN
cjal-3204	27	6	&	&	CCONJ
cjal-3204	27	7	pol'y	pol'y	PROPN
cjal-3204	27	8	.	.	PUNCT
cjal-3204	28	1	j.	j.	PROPN
cjal-3204	28	2	515	515	NUM
cjal-3204	28	3	(	(	PUNCT
cjal-3204	28	4	1999	1999	NUM
cjal-3204	28	5	)	)	PUNCT
cjal-3204	28	6	.	.	PUNCT
cjal-3204	29	1	1	1	NUM
cjal-3204	29	2	have	have	AUX
cjal-3204	29	3	also	also	ADV
cjal-3204	29	4	relied	rely	VERB
cjal-3204	29	5	on	on	ADP
cjal-3204	29	6	[	[	PUNCT
cjal-3204	29	7	15:1	15:1	NUM
cjal-3204	29	8	chinese	chinese	ADJ
cjal-3204	29	9	mortgage	mortgage	NOUN
cjal-3204	29	10	ldw	ldw	PROPN
cjal-3204	29	11	i.	i.	PROPN
cjal-3204	29	12	introduction	introduction	NOUN
cjal-3204	29	13	to	to	ADP
cjal-3204	29	14	chinese	chinese	ADJ
cjal-3204	29	15	real	real	ADJ
cjal-3204	29	16	estate	estate	NOUN
cjal-3204	29	17	law	law	NOUN
cjal-3204	29	18	before	before	ADP
cjal-3204	29	19	turning	turn	VERB
cjal-3204	29	20	to	to	ADP
cjal-3204	29	21	mortgage	mortgage	NOUN
cjal-3204	29	22	law	law	NOUN
cjal-3204	29	23	issues	issue	NOUN
cjal-3204	29	24	,	,	PUNCT
cjal-3204	29	25	a	a	DET
cjal-3204	29	26	brief	brief	ADJ
cjal-3204	29	27	summary	summary	NOUN
cjal-3204	29	28	of	of	ADP
cjal-3204	29	29	land	land	NOUN
cjal-3204	29	30	ownership	ownership	NOUN
cjal-3204	29	31	rights	right	NOUN
cjal-3204	29	32	in	in	ADP
cjal-3204	29	33	china	china	PROPN
cjal-3204	29	34	may	may	AUX
cjal-3204	29	35	be	be	AUX
cjal-3204	29	36	helpful	helpful	ADJ
cjal-3204	29	37	.	.	PUNCT
cjal-3204	30	1	after	after	SCONJ
cjal-3204	30	2	the	the	DET
cjal-3204	30	3	people	people	NOUN
cjal-3204	30	4	's	's	PART
cjal-3204	30	5	republic	republic	NOUN
cjal-3204	30	6	of	of	ADP
cjal-3204	30	7	china	china	PROPN
cjal-3204	30	8	was	be	AUX
cjal-3204	30	9	established	establish	VERB
cjal-3204	30	10	in	in	ADP
cjal-3204	30	11	1949	1949	NUM
cjal-3204	30	12	,	,	PUNCT
cjal-3204	30	13	the	the	DET
cjal-3204	30	14	government	government	NOUN
cjal-3204	30	15	imposed	impose	VERB
cjal-3204	30	16	several	several	ADJ
cjal-3204	30	17	waves	wave	NOUN
cjal-3204	30	18	of	of	ADP
cjal-3204	30	19	confiscation	confiscation	NOUN
cjal-3204	30	20	of	of	ADP
cjal-3204	30	21	land	land	NOUN
cjal-3204	30	22	,	,	PUNCT
cjal-3204	30	23	including	include	VERB
cjal-3204	30	24	that	that	PRON
cjal-3204	30	25	of	of	ADP
cjal-3204	30	26	"	"	PUNCT
cjal-3204	30	27	counter	counter	NOUN
cjal-3204	30	28	-	-	NOUN
cjal-3204	30	29	revolutionaries	revolutionary	NOUN
cjal-3204	30	30	,	,	PUNCT
cjal-3204	30	31	"	"	PUNCT
cjal-3204	30	32	land	land	NOUN
cjal-3204	30	33	formerly	formerly	ADV
cjal-3204	30	34	owned	own	VERB
cjal-3204	30	35	by	by	ADP
cjal-3204	30	36	the	the	DET
cjal-3204	30	37	kuo	kuo	PROPN
cjal-3204	30	38	minh	minh	PROPN
cjal-3204	30	39	tang	tang	PROPN
cjal-3204	30	40	government	government	NOUN
cjal-3204	30	41	,	,	PUNCT
cjal-3204	30	42	property	property	NOUN
cjal-3204	30	43	of	of	ADP
cjal-3204	30	44	large	large	ADJ
cjal-3204	30	45	landlords	landlord	NOUN
cjal-3204	30	46	,	,	PUNCT
cjal-3204	30	47	foreign	foreign	ADJ
cjal-3204	30	48	capitalists	capitalist	NOUN
cjal-3204	30	49	,	,	PUNCT
cjal-3204	30	50	and	and	CCONJ
cjal-3204	30	51	subsequently	subsequently	ADV
cjal-3204	30	52	most	most	ADJ
cjal-3204	30	53	urban	urban	ADJ
cjal-3204	30	54	residential	residential	ADJ
cjal-3204	30	55	property	property	NOUN
cjal-3204	30	56	and	and	CCONJ
cjal-3204	30	57	rural	rural	ADJ
cjal-3204	30	58	agricultural	agricultural	ADJ
cjal-3204	30	59	land	land	NOUN
cjal-3204	30	60	.	.	PUNCT
cjal-3204	31	1	despite	despite	SCONJ
cjal-3204	31	2	the	the	DET
cjal-3204	31	3	marxist	marxist	ADJ
cjal-3204	31	4	theory	theory	NOUN
cjal-3204	31	5	that	that	PRON
cjal-3204	31	6	was	be	AUX
cjal-3204	31	7	used	use	VERB
cjal-3204	31	8	to	to	PART
cjal-3204	31	9	justify	justify	VERB
cjal-3204	31	10	these	these	DET
cjal-3204	31	11	confiscations	confiscation	NOUN
cjal-3204	31	12	,	,	PUNCT
cjal-3204	31	13	and	and	CCONJ
cjal-3204	31	14	that	that	PRON
cjal-3204	31	15	holds	hold	VERB
cjal-3204	31	16	that	that	SCONJ
cjal-3204	31	17	all	all	DET
cjal-3204	31	18	land	land	NOUN
cjal-3204	31	19	is	be	AUX
cjal-3204	31	20	ultimately	ultimately	ADV
cjal-3204	31	21	owned	own	VERB
cjal-3204	31	22	by	by	ADP
cjal-3204	31	23	the	the	DET
cjal-3204	31	24	state	state	NOUN
cjal-3204	31	25	,	,	PUNCT
cjal-3204	31	26	individuals	individual	NOUN
cjal-3204	31	27	and	and	CCONJ
cjal-3204	31	28	families	family	NOUN
cjal-3204	31	29	,	,	PUNCT
cjal-3204	31	30	especially	especially	ADV
cjal-3204	31	31	in	in	ADP
cjal-3204	31	32	rural	rural	ADJ
cjal-3204	31	33	areas	area	NOUN
cjal-3204	31	34	,	,	PUNCT
cjal-3204	31	35	were	be	AUX
cjal-3204	31	36	acquiring	acquire	VERB
cjal-3204	31	37	land	land	NOUN
cjal-3204	31	38	rights	right	NOUN
cjal-3204	31	39	as	as	ADV
cjal-3204	31	40	early	early	ADV
cjal-3204	31	41	as	as	SCONJ
cjal-3204	31	42	the	the	DET
cjal-3204	31	43	mid-1950s.4	mid-1950s.4	PROPN
cjal-3204	31	44	state	state	NOUN
cjal-3204	31	45	policy	policy	NOUN
cjal-3204	31	46	toward	toward	ADP
cjal-3204	31	47	individual	individual	ADJ
cjal-3204	31	48	ownership	ownership	NOUN
cjal-3204	31	49	of	of	ADP
cjal-3204	31	50	land	land	NOUN
cjal-3204	31	51	use	use	NOUN
cjal-3204	31	52	rights	right	NOUN
cjal-3204	31	53	has	have	AUX
cjal-3204	31	54	fluctuated	fluctuate	VERB
cjal-3204	31	55	-widely	-widely	ADV
cjal-3204	31	56	during	during	ADP
cjal-3204	31	57	the	the	DET
cjal-3204	31	58	half	half	ADJ
cjal-3204	31	59	century	century	NOUN
cjal-3204	31	60	since	since	SCONJ
cjal-3204	31	61	the	the	DET
cjal-3204	31	62	revolution	revolution	NOUN
cjal-3204	31	63	,	,	PUNCT
cjal-3204	31	64	sometimes	sometimes	ADV
cjal-3204	31	65	favoring	favor	VERB
cjal-3204	31	66	individual	individual	ADJ
cjal-3204	31	67	ownership	ownership	NOUN
cjal-3204	31	68	and	and	CCONJ
cjal-3204	31	69	sometimes	sometimes	ADV
cjal-3204	31	70	moving	move	VERB
cjal-3204	31	71	in	in	ADP
cjal-3204	31	72	the	the	DET
cjal-3204	31	73	direction	direction	NOUN
cjal-3204	31	74	of	of	ADP
cjal-3204	31	75	ownership	ownership	NOUN
cjal-3204	31	76	by	by	ADP
cjal-3204	31	77	agricultural	agricultural	ADJ
cjal-3204	31	78	and	and	CCONJ
cjal-3204	31	79	housing	housing	NOUN
cjal-3204	31	80	collectives	collective	NOUN
cjal-3204	31	81	controlled	control	VERB
cjal-3204	31	82	by	by	ADP
cjal-3204	31	83	the	the	DET
cjal-3204	31	84	state.5	state.5	NOUN
cjal-3204	31	85	prior	prior	ADV
cjal-3204	31	86	to	to	ADP
cjal-3204	31	87	1987	1987	NUM
cjal-3204	31	88	,	,	PUNCT
cjal-3204	31	89	the	the	DET
cjal-3204	31	90	land	land	NOUN
cjal-3204	31	91	rights	right	NOUN
cjal-3204	31	92	"	"	PUNCT
cjal-3204	31	93	allocated	allocate	VERB
cjal-3204	31	94	"	"	PUNCT
cjal-3204	31	95	(	(	PUNCT
cjal-3204	31	96	a	a	DET
cjal-3204	31	97	technical	technical	ADJ
cjal-3204	31	98	term	term	NOUN
cjal-3204	31	99	)	)	PUNCT
cjal-3204	31	100	to	to	ADP
cjal-3204	31	101	private	private	ADJ
cjal-3204	31	102	individuals	individual	NOUN
cjal-3204	31	103	involved	involve	VERB
cjal-3204	31	104	rather	rather	ADV
cjal-3204	31	105	meager	meager	ADJ
cjal-3204	31	106	legal	legal	ADJ
cjal-3204	31	107	benefits	benefit	NOUN
cjal-3204	31	108	.	.	PUNCT
cjal-3204	32	1	commencing	commence	VERB
cjal-3204	32	2	in	in	ADP
cjal-3204	32	3	1987	1987	NUM
cjal-3204	32	4	,	,	PUNCT
cjal-3204	32	5	and	and	CCONJ
cjal-3204	32	6	confirmed	confirm	VERB
cjal-3204	32	7	by	by	ADP
cjal-3204	32	8	constitutional	constitutional	ADJ
cjal-3204	32	9	amendment	amendment	NOUN
cjal-3204	32	10	in	in	ADP
cjal-3204	32	11	1988	1988	NUM
cjal-3204	32	12	6	6	NUM
cjal-3204	32	13	and	and	CCONJ
cjal-3204	32	14	by	by	ADP
cjal-3204	32	15	statutory	statutory	ADJ
cjal-3204	32	16	amendment	amendment	NOUN
cjal-3204	32	17	in	in	ADP
cjal-3204	32	18	1990	1990	NUM
cjal-3204	32	19	,	,	PUNCT
cjal-3204	32	20	7	7	NUM
cjal-3204	32	21	the	the	DET
cjal-3204	32	22	chinese	chinese	ADJ
cjal-3204	32	23	government	government	NOUN
cjal-3204	32	24	began	begin	VERB
cjal-3204	32	25	"	"	PUNCT
cjal-3204	32	26	granting	grant	VERB
cjal-3204	32	27	"	"	PUNCT
cjal-3204	32	28	land	land	NOUN
cjal-3204	32	29	use	use	NOUN
cjal-3204	32	30	rights	right	NOUN
cjal-3204	32	31	to	to	ADP
cjal-3204	32	32	private	private	ADJ
cjal-3204	32	33	owners	owner	NOUN
cjal-3204	32	34	,	,	PUNCT
cjal-3204	32	35	although	although	SCONJ
cjal-3204	32	36	"	"	PUNCT
cjal-3204	32	37	allocations	allocation	NOUN
cjal-3204	32	38	"	"	PUNCT
cjal-3204	32	39	continue	continue	VERB
cjal-3204	32	40	to	to	PART
cjal-3204	32	41	occur	occur	VERB
cjal-3204	32	42	as	as	ADV
cjal-3204	32	43	well	well	ADV
cjal-3204	32	44	,	,	PUNCT
cjal-3204	32	45	primarily	primarily	ADV
cjal-3204	32	46	with	with	ADP
cjal-3204	32	47	respect	respect	NOUN
cjal-3204	32	48	to	to	ADP
cjal-3204	32	49	property	property	NOUN
cjal-3204	32	50	intended	intend	VERB
cjal-3204	32	51	for	for	ADP
cjal-3204	32	52	state	state	NOUN
cjal-3204	32	53	,	,	PUNCT
cjal-3204	32	54	collective	collective	ADJ
cjal-3204	32	55	,	,	PUNCT
cjal-3204	32	56	or	or	CCONJ
cjal-3204	32	57	public	public	ADJ
cjal-3204	32	58	use	use	NOUN
cjal-3204	32	59	.	.	PUNCT
cjal-3204	33	1	the	the	DET
cjal-3204	33	2	clear	clear	ADJ
cjal-3204	33	3	trend	trend	NOUN
cjal-3204	33	4	since	since	SCONJ
cjal-3204	33	5	1987	1987	NUM
cjal-3204	33	6	has	have	AUX
cjal-3204	33	7	been	be	AUX
cjal-3204	33	8	toward	toward	ADP
cjal-3204	33	9	private	private	ADJ
cjal-3204	33	10	ownership	ownership	NOUN
cjal-3204	33	11	to	to	PART
cjal-3204	33	12	use	use	VERB
cjal-3204	33	13	rights	right	NOUN
cjal-3204	33	14	in	in	ADP
cjal-3204	33	15	land	land	NOUN
cjal-3204	33	16	.	.	PUNCT
cjal-3204	34	1	thus	thus	ADV
cjal-3204	34	2	at	at	ADP
cjal-3204	34	3	present	present	ADJ
cjal-3204	34	4	both	both	PRON
cjal-3204	34	5	allocated	allocate	VERB
cjal-3204	34	6	and	and	CCONJ
cjal-3204	34	7	granted	grant	VERB
cjal-3204	34	8	land	land	NOUN
cjal-3204	34	9	use	use	NOUN
cjal-3204	34	10	rights	right	NOUN
cjal-3204	34	11	exist	exist	VERB
cjal-3204	34	12	widely	widely	ADV
cjal-3204	34	13	in	in	ADP
cjal-3204	34	14	china	china	PROPN
cjal-3204	34	15	.	.	PUNCT
cjal-3204	35	1	the	the	DET
cjal-3204	35	2	differences	difference	NOUN
cjal-3204	35	3	between	between	ADP
cjal-3204	35	4	the	the	DET
cjal-3204	35	5	two	two	NUM
cjal-3204	35	6	categories	category	NOUN
cjal-3204	35	7	are	be	AUX
cjal-3204	35	8	extremely	extremely	ADV
cjal-3204	35	9	significant.8	significant.8	PROPN
cjal-3204	35	10	allocated	allocate	VERB
cjal-3204	35	11	rights	right	NOUN
cjal-3204	35	12	are	be	AUX
cjal-3204	35	13	typically	typically	ADV
cjal-3204	35	14	issued	issue	VERB
cjal-3204	35	15	at	at	ADP
cjal-3204	35	16	no	no	DET
cjal-3204	35	17	cost	cost	NOUN
cjal-3204	35	18	,	,	PUNCT
cjal-3204	35	19	or	or	CCONJ
cjal-3204	35	20	only	only	ADV
cjal-3204	35	21	at	at	ADP
cjal-3204	35	22	nominal	nominal	ADJ
cjal-3204	35	23	cost	cost	NOUN
cjal-3204	35	24	,	,	PUNCT
cjal-3204	35	25	to	to	ADP
cjal-3204	35	26	the	the	DET
cjal-3204	35	27	recipient	recipient	NOUN
cjal-3204	35	28	.	.	PUNCT
cjal-3204	36	1	they	they	PRON
cjal-3204	36	2	have	have	VERB
cjal-3204	36	3	no	no	DET
cjal-3204	36	4	definite	definite	ADJ
cjal-3204	36	5	term	term	NOUN
cjal-3204	36	6	,	,	PUNCT
cjal-3204	36	7	and	and	CCONJ
cjal-3204	36	8	hence	hence	ADV
cjal-3204	36	9	are	be	AUX
cjal-3204	36	10	subject	subject	ADJ
cjal-3204	36	11	to	to	ADP
cjal-3204	36	12	revocation	revocation	NOUN
cjal-3204	36	13	without	without	ADP
cjal-3204	36	14	compensation	compensation	NOUN
cjal-3204	36	15	.	.	PUNCT
cjal-3204	37	1	the	the	DET
cjal-3204	37	2	holder	holder	NOUN
cjal-3204	37	3	of	of	ADP
cjal-3204	37	4	an	an	DET
cjal-3204	37	5	allocated	allocate	VERB
cjal-3204	37	6	right	right	NOUN
cjal-3204	37	7	is	be	AUX
cjal-3204	37	8	required	require	VERB
cjal-3204	37	9	to	to	PART
cjal-3204	37	10	use	use	VERB
cjal-3204	37	11	the	the	DET
cjal-3204	37	12	land	land	NOUN
cjal-3204	37	13	only	only	ADV
cjal-3204	37	14	for	for	ADP
cjal-3204	37	15	stated	state	VERB
cjal-3204	37	16	narrow	narrow	ADJ
cjal-3204	37	17	,	,	PUNCT
cjal-3204	37	18	specific	specific	ADJ
cjal-3204	37	19	andrew	andrew	PROPN
cjal-3204	37	20	j.	j.	PROPN
cjal-3204	37	21	godwin	godwin	PROPN
cjal-3204	37	22	,	,	PUNCT
cjal-3204	37	23	the	the	DET
cjal-3204	37	24	theory	theory	NOUN
cjal-3204	37	25	underpinning	underpin	VERB
cjal-3204	37	26	the	the	DET
cjal-3204	37	27	development	development	NOUN
cjal-3204	37	28	of	of	ADP
cjal-3204	37	29	mortgage	mortgage	NOUN
cjal-3204	37	30	lw	lw	PROPN
cjal-3204	37	31	in	in	ADP
cjal-3204	37	32	china	china	PROPN
cjal-3204	37	33	(	(	PUNCT
cjal-3204	37	34	2000	2000	NUM
cjal-3204	37	35	)	)	PUNCT
cjal-3204	37	36	(	(	PUNCT
cjal-3204	37	37	unpublished	unpublished	ADJ
cjal-3204	37	38	master	master	NOUN
cjal-3204	37	39	of	of	ADP
cjal-3204	37	40	laws	law	NOUN
cjal-3204	37	41	thesis	thesis	NOUN
cjal-3204	37	42	,	,	PUNCT
cjal-3204	37	43	university	university	NOUN
cjal-3204	37	44	of	of	ADP
cjal-3204	37	45	melbourne	melbourne	PROPN
cjal-3204	37	46	)	)	PUNCT
cjal-3204	38	1	[	[	X
cjal-3204	38	2	hercafter	hercafter	ADV
cjal-3204	38	3	referred	refer	VERB
cjal-3204	38	4	to	to	ADP
cjal-3204	38	5	as	as	ADP
cjal-3204	38	6	"	"	PUNCT
cjal-3204	38	7	godwin	godwin	PROPN
cjal-3204	38	8	"	"	PUNCT
cjal-3204	38	9	]	]	PUNCT
cjal-3204	38	10	.	.	PUNCT
cjal-3204	39	1	3	3	X
cjal-3204	39	2	.	.	X
cjal-3204	39	3	randolph	randolph	PROPN
cjal-3204	39	4	&	&	CCONJ
cjal-3204	39	5	lou	lou	PROPN
cjal-3204	39	6	,	,	PUNCT
cjal-3204	39	7	supra	supra	PROPN
cjal-3204	39	8	note	note	NOUN
cjal-3204	39	9	2	2	NUM
cjal-3204	39	10	,	,	PUNCT
cjal-3204	39	11	at	at	ADP
cjal-3204	39	12	14	14	NUM
cjal-3204	39	13	-	-	SYM
cjal-3204	39	14	16	16	NUM
cjal-3204	39	15	.	.	PUNCT
cjal-3204	40	1	4	4	X
cjal-3204	40	2	.	.	X
cjal-3204	40	3	see	see	VERB
cjal-3204	40	4	kate	kate	PROPN
cjal-3204	40	5	xiao	xiao	PROPN
cjal-3204	40	6	zhou	zhou	PROPN
cjal-3204	40	7	,	,	PUNCT
cjal-3204	40	8	how	how	SCONJ
cjal-3204	40	9	the	the	DET
cjal-3204	40	10	farmers	farmer	NOUN
cjal-3204	40	11	changed	change	VERB
cjal-3204	40	12	china	china	PROPN
cjal-3204	40	13	:	:	PUNCT
cjal-3204	40	14	powfer	powfer	NOUN
cjal-3204	40	15	of	of	ADP
cjal-3204	40	16	the	the	DET
cjal-3204	40	17	people	people	NOUN
cjal-3204	40	18	(	(	PUNCT
cjal-3204	40	19	1996	1996	NUM
cjal-3204	40	20	)	)	PUNCT
cjal-3204	40	21	at	at	ADP
cjal-3204	40	22	46	46	NUM
cjal-3204	40	23	,	,	PUNCT
cjal-3204	40	24	describing	describe	VERB
cjal-3204	40	25	the	the	DET
cjal-3204	40	26	advent	advent	NOUN
cjal-3204	40	27	of	of	ADP
cjal-3204	40	28	baochan	baochan	NOUN
cjal-3204	40	29	daohu	daohu	NOUN
cjal-3204	40	30	,	,	PUNCT
cjal-3204	40	31	the	the	DET
cjal-3204	40	32	turning	turning	NOUN
cjal-3204	40	33	of	of	ADP
cjal-3204	40	34	agricultural	agricultural	ADJ
cjal-3204	40	35	production	production	NOUN
cjal-3204	40	36	over	over	ADP
cjal-3204	40	37	to	to	ADP
cjal-3204	40	38	individual	individual	ADJ
cjal-3204	40	39	households	household	NOUN
cjal-3204	40	40	,	,	PUNCT
cjal-3204	40	41	which	which	PRON
cjal-3204	40	42	began	begin	VERB
cjal-3204	40	43	in	in	ADP
cjal-3204	40	44	the	the	DET
cjal-3204	40	45	mid-1950s	mid-1950	NOUN
cjal-3204	40	46	and	and	CCONJ
cjal-3204	40	47	has	have	AUX
cjal-3204	40	48	proceeded	proceed	VERB
cjal-3204	40	49	at	at	ADP
cjal-3204	40	50	a	a	DET
cjal-3204	40	51	steady	steady	ADJ
cjal-3204	40	52	pace	pace	NOUN
cjal-3204	40	53	since	since	SCONJ
cjal-3204	40	54	the	the	DET
cjal-3204	40	55	late	late	ADJ
cjal-3204	40	56	1970s	1970	NOUN
cjal-3204	40	57	.	.	PUNCT
cjal-3204	41	1	5	5	X
cjal-3204	41	2	.	.	X
cjal-3204	41	3	godwin	godwin	PROPN
cjal-3204	41	4	,	,	PUNCT
cjal-3204	41	5	supra	supra	PROPN
cjal-3204	41	6	note	note	NOUN
cjal-3204	41	7	2	2	NUM
cjal-3204	41	8	,	,	PUNCT
cjal-3204	41	9	at	at	ADP
cjal-3204	41	10	17	17	NUM
cjal-3204	41	11	-	-	SYM
cjal-3204	41	12	22	22	NUM
cjal-3204	41	13	.	.	PUNCT
cjal-3204	42	1	6	6	NUM
cjal-3204	42	2	.	.	X
cjal-3204	42	3	p.r.c	p.r.c	PROPN
cjal-3204	42	4	.	.	PUNCT
cjal-3204	43	1	constitution	constitution	NOUN
cjal-3204	43	2	(	(	PUNCT
cjal-3204	43	3	1982	1982	NUM
cjal-3204	43	4	)	)	PUNCT
cjal-3204	43	5	(	(	PUNCT
cjal-3204	43	6	amend	amend	NOUN
cjal-3204	43	7	.	.	PUNCT
cjal-3204	44	1	to	to	ADP
cjal-3204	44	2	art	art	VERB
cjal-3204	44	3	.	.	PUNCT
cjal-3204	45	1	10	10	NUM
cjal-3204	45	2	,	,	PUNCT
cjal-3204	45	3	1988	1988	NUM
cjal-3204	45	4	)	)	PUNCT
cjal-3204	45	5	7	7	NUM
cjal-3204	45	6	.	.	SYM
cjal-3204	45	7	1990	1990	NUM
cjal-3204	45	8	interim	interim	ADJ
cjal-3204	45	9	provisions	provision	NOUN
cjal-3204	45	10	for	for	ADP
cjal-3204	45	11	the	the	DET
cjal-3204	45	12	granting	granting	NOUN
cjal-3204	45	13	and	and	CCONJ
cjal-3204	45	14	transfer	transfer	NOUN
cjal-3204	45	15	of	of	ADP
cjal-3204	45	16	land	land	NOUN
cjal-3204	45	17	use	use	NOUN
cjal-3204	45	18	rights	right	NOUN
cjal-3204	45	19	on	on	ADP
cjal-3204	45	20	state	state	NOUN
cjal-3204	45	21	owned	own	VERB
cjal-3204	45	22	urban	urban	ADJ
cjal-3204	45	23	land	land	NOUN
cjal-3204	45	24	in	in	ADP
cjal-3204	45	25	cities	city	NOUN
cjal-3204	45	26	and	and	CCONJ
cjal-3204	45	27	towns	town	NOUN
cjal-3204	45	28	(	(	PUNCT
cjal-3204	45	29	1990	1990	NUM
cjal-3204	45	30	)	)	PUNCT
cjal-3204	45	31	.	.	PUNCT
cjal-3204	46	1	sce	sce	PROPN
cjal-3204	46	2	randolph	randolph	PROPN
cjal-3204	46	3	&	&	CCONJ
cjal-3204	46	4	lou	lou	PROPN
cjal-3204	46	5	,	,	PUNCT
cjal-3204	46	6	supra	supra	PROPN
cjal-3204	46	7	note	note	NOUN
cjal-3204	46	8	2	2	NUM
cjal-3204	46	9	,	,	PUNCT
cjal-3204	46	10	at	at	ADP
cjal-3204	46	11	19	19	NUM
cjal-3204	46	12	.	.	NOUN
cjal-3204	46	13	8	8	NUM
cjal-3204	46	14	.	.	X
cjal-3204	47	1	see	see	VERB
cjal-3204	47	2	randolph	randolph	PROPN
cjal-3204	47	3	&	&	CCONJ
cjal-3204	47	4	lou	lou	PROPN
cjal-3204	47	5	,	,	PUNCT
cjal-3204	47	6	supra	supra	PROPN
cjal-3204	47	7	note	note	NOUN
cjal-3204	47	8	2	2	NUM
cjal-3204	47	9	,	,	PUNCT
cjal-3204	47	10	at	at	ADP
cjal-3204	47	11	85	85	NUM
cjal-3204	47	12	-	-	SYM
cjal-3204	47	13	99	99	NUM
cjal-3204	47	14	.	.	PUNCT
cjal-3204	48	1	2001	2001	NUM
cjal-3204	48	2	]	]	PUNCT
cjal-3204	48	3	columbia	columbia	PROPN
cjal-3204	48	4	journal	journal	PROPN
cjal-3204	48	5	of	of	ADP
cjal-3204	48	6	asian	asian	ADJ
cjal-3204	48	7	law	law	NOUN
cjal-3204	48	8	purposes	purpose	NOUN
cjal-3204	48	9	.	.	PUNCT
cjal-3204	49	1	the	the	DET
cjal-3204	49	2	right	right	NOUN
cjal-3204	49	3	can	can	AUX
cjal-3204	49	4	not	not	PART
cjal-3204	49	5	be	be	AUX
cjal-3204	49	6	transferred	transfer	VERB
cjal-3204	49	7	except	except	SCONJ
cjal-3204	49	8	at	at	ADP
cjal-3204	49	9	the	the	DET
cjal-3204	49	10	discretion	discretion	NOUN
cjal-3204	49	11	of	of	ADP
cjal-3204	49	12	the	the	DET
cjal-3204	49	13	state	state	NOUN
cjal-3204	49	14	,	,	PUNCT
cjal-3204	49	15	and	and	CCONJ
cjal-3204	49	16	can	can	AUX
cjal-3204	49	17	not	not	PART
cjal-3204	49	18	be	be	AUX
cjal-3204	49	19	leased	lease	VERB
cjal-3204	49	20	to	to	ADP
cjal-3204	49	21	a	a	DET
cjal-3204	49	22	tenant	tenant	NOUN
cjal-3204	49	23	(	(	PUNCT
cjal-3204	49	24	although	although	SCONJ
cjal-3204	49	25	buildings	building	NOUN
cjal-3204	49	26	constructed	construct	VERB
cjal-3204	49	27	by	by	ADP
cjal-3204	49	28	the	the	DET
cjal-3204	49	29	holder	holder	NOUN
cjal-3204	49	30	of	of	ADP
cjal-3204	49	31	the	the	DET
cjal-3204	49	32	right	right	NOUN
cjal-3204	49	33	are	be	AUX
cjal-3204	49	34	considered	consider	VERB
cjal-3204	49	35	to	to	PART
cjal-3204	49	36	belong	belong	VERB
cjal-3204	49	37	to	to	ADP
cjal-3204	49	38	the	the	DET
cjal-3204	49	39	right	right	ADJ
cjal-3204	49	40	-	-	PUNCT
cjal-3204	49	41	holder	holder	NOUN
cjal-3204	49	42	and	and	CCONJ
cjal-3204	49	43	can	can	AUX
cjal-3204	49	44	be	be	AUX
cjal-3204	49	45	leased	lease	VERB
cjal-3204	49	46	)	)	PUNCT
cjal-3204	49	47	.	.	PUNCT
cjal-3204	50	1	allocated	allocate	VERB
cjal-3204	50	2	rights	right	NOUN
cjal-3204	50	3	can	can	AUX
cjal-3204	50	4	be	be	AUX
cjal-3204	50	5	mortgaged	mortgage	VERB
cjal-3204	50	6	(	(	PUNCT
cjal-3204	50	7	somewhat	somewhat	ADV
cjal-3204	50	8	illogically	illogically	ADV
cjal-3204	50	9	,	,	PUNCT
cjal-3204	50	10	since	since	SCONJ
cjal-3204	50	11	they	they	PRON
cjal-3204	50	12	can	can	AUX
cjal-3204	50	13	not	not	PART
cjal-3204	50	14	be	be	AUX
cjal-3204	50	15	transferred	transfer	VERB
cjal-3204	50	16	as	as	ADP
cjal-3204	50	17	of	of	ADP
cjal-3204	50	18	right	right	NOUN
cjal-3204	50	19	)	)	PUNCT
cjal-3204	50	20	,	,	PUNCT
cjal-3204	50	21	but	but	CCONJ
cjal-3204	50	22	there	there	PRON
cjal-3204	50	23	is	be	VERB
cjal-3204	50	24	a	a	DET
cjal-3204	50	25	risk	risk	NOUN
cjal-3204	50	26	that	that	SCONJ
cjal-3204	50	27	the	the	DET
cjal-3204	50	28	government	government	NOUN
cjal-3204	50	29	will	will	AUX
cjal-3204	50	30	refuse	refuse	VERB
cjal-3204	50	31	to	to	PART
cjal-3204	50	32	approve	approve	VERB
cjal-3204	50	33	the	the	DET
cjal-3204	50	34	transfer	transfer	NOUN
cjal-3204	50	35	that	that	PRON
cjal-3204	50	36	results	result	VERB
cjal-3204	50	37	from	from	ADP
cjal-3204	50	38	a	a	DET
cjal-3204	50	39	foreclosure	foreclosure	NOUN
cjal-3204	50	40	of	of	ADP
cjal-3204	50	41	the	the	DET
cjal-3204	50	42	mortgage	mortgage	NOUN
cjal-3204	50	43	.	.	PUNCT
cjal-3204	51	1	the	the	DET
cjal-3204	51	2	mortgagee	mortgagee	PROPN
cjal-3204	51	3	might	might	AUX
cjal-3204	51	4	apply	apply	VERB
cjal-3204	51	5	for	for	ADP
cjal-3204	51	6	conversion	conversion	NOUN
cjal-3204	51	7	of	of	ADP
cjal-3204	51	8	the	the	DET
cjal-3204	51	9	allocated	allocate	VERB
cjal-3204	51	10	right	right	NOUN
cjal-3204	51	11	to	to	ADP
cjal-3204	51	12	a	a	DET
cjal-3204	51	13	granted	grant	VERB
cjal-3204	51	14	right	right	NOUN
cjal-3204	51	15	at	at	ADP
cjal-3204	51	16	the	the	DET
cjal-3204	51	17	time	time	NOUN
cjal-3204	51	18	of	of	ADP
cjal-3204	51	19	foreclosure	foreclosure	NOUN
cjal-3204	51	20	,	,	PUNCT
cjal-3204	51	21	but	but	CCONJ
cjal-3204	51	22	the	the	DET
cjal-3204	51	23	state	state	NOUN
cjal-3204	51	24	may	may	AUX
cjal-3204	51	25	demand	demand	VERB
cjal-3204	51	26	a	a	DET
cjal-3204	51	27	substantial	substantial	ADJ
cjal-3204	51	28	payment	payment	NOUN
cjal-3204	51	29	for	for	ADP
cjal-3204	51	30	the	the	DET
cjal-3204	51	31	conversion	conversion	NOUN
cjal-3204	51	32	.	.	PUNCT
cjal-3204	52	1	thus	thus	ADV
cjal-3204	52	2	,	,	PUNCT
cjal-3204	52	3	lending	lend	VERB
cjal-3204	52	4	on	on	ADP
cjal-3204	52	5	the	the	DET
cjal-3204	52	6	security	security	NOUN
cjal-3204	52	7	of	of	ADP
cjal-3204	52	8	an	an	DET
cjal-3204	52	9	allocated	allocate	VERB
cjal-3204	52	10	land	land	NOUN
cjal-3204	52	11	use	use	NOUN
cjal-3204	52	12	right	right	NOUN
cjal-3204	52	13	is	be	AUX
cjal-3204	52	14	a	a	DET
cjal-3204	52	15	perilous	perilous	ADJ
cjal-3204	52	16	business	business	NOUN
cjal-3204	52	17	.	.	PUNCT
cjal-3204	53	1	by	by	ADP
cjal-3204	53	2	comparison	comparison	NOUN
cjal-3204	53	3	,	,	PUNCT
cjal-3204	53	4	granted	grant	VERB
cjal-3204	53	5	land	land	NOUN
cjal-3204	53	6	use	use	NOUN
cjal-3204	53	7	rights	right	NOUN
cjal-3204	53	8	have	have	VERB
cjal-3204	53	9	specific	specific	ADJ
cjal-3204	53	10	,	,	PUNCT
cjal-3204	53	11	limited	limited	ADJ
cjal-3204	53	12	terms	term	NOUN
cjal-3204	53	13	commonly	commonly	ADV
cjal-3204	53	14	from	from	ADP
cjal-3204	53	15	30	30	NUM
cjal-3204	53	16	to	to	ADP
cjal-3204	53	17	a	a	DET
cjal-3204	53	18	maximum	maximum	NOUN
cjal-3204	53	19	of	of	ADP
cjal-3204	53	20	70	70	NUM
cjal-3204	53	21	years	year	NOUN
cjal-3204	53	22	.	.	PUNCT
cjal-3204	54	1	the	the	DET
cjal-3204	54	2	grantee	grantee	NOUN
cjal-3204	54	3	pays	pay	VERB
cjal-3204	54	4	a	a	DET
cjal-3204	54	5	negotiated	negotiate	VERB
cjal-3204	54	6	price	price	NOUN
cjal-3204	54	7	that	that	PRON
cjal-3204	54	8	is	be	AUX
cjal-3204	54	9	ordinarily	ordinarily	ADV
cjal-3204	54	10	quite	quite	ADV
cjal-3204	54	11	substantial	substantial	ADJ
cjal-3204	54	12	.	.	PUNCT
cjal-3204	55	1	the	the	DET
cjal-3204	55	2	granted	grant	VERB
cjal-3204	55	3	rights	right	NOUN
cjal-3204	55	4	are	be	AUX
cjal-3204	55	5	limited	limit	VERB
cjal-3204	55	6	in	in	ADP
cjal-3204	55	7	terms	term	NOUN
cjal-3204	55	8	of	of	ADP
cjal-3204	55	9	use	use	NOUN
cjal-3204	55	10	,	,	PUNCT
cjal-3204	55	11	but	but	CCONJ
cjal-3204	55	12	typically	typically	ADV
cjal-3204	55	13	only	only	ADV
cjal-3204	55	14	in	in	ADP
cjal-3204	55	15	broad	broad	ADJ
cjal-3204	55	16	terms	term	NOUN
cjal-3204	55	17	,	,	PUNCT
cjal-3204	55	18	similar	similar	ADJ
cjal-3204	55	19	to	to	ADP
cjal-3204	55	20	those	those	PRON
cjal-3204	55	21	of	of	ADP
cjal-3204	55	22	a	a	DET
cjal-3204	55	23	zoning	zoning	ADJ
cjal-3204	55	24	ordinance	ordinance	NOUN
cjal-3204	55	25	in	in	ADP
cjal-3204	55	26	the	the	DET
cjal-3204	55	27	united	united	PROPN
cjal-3204	55	28	states	states	PROPN
cjal-3204	55	29	.	.	PUNCT
cjal-3204	56	1	the	the	DET
cjal-3204	56	2	granted	grant	VERB
cjal-3204	56	3	right	right	NOUN
cjal-3204	56	4	can	can	AUX
cjal-3204	56	5	be	be	AUX
cjal-3204	56	6	transferred	transfer	VERB
cjal-3204	56	7	,	,	PUNCT
cjal-3204	56	8	leased	lease	VERB
cjal-3204	56	9	,	,	PUNCT
cjal-3204	56	10	and	and	CCONJ
cjal-3204	56	11	mortgaged	mortgage	VERB
cjal-3204	56	12	without	without	ADP
cjal-3204	56	13	state	state	NOUN
cjal-3204	56	14	approval	approval	NOUN
cjal-3204	56	15	.	.	PUNCT
cjal-3204	57	1	if	if	SCONJ
cjal-3204	57	2	the	the	DET
cjal-3204	57	3	right	right	NOUN
cjal-3204	57	4	is	be	AUX
cjal-3204	57	5	revoked	revoke	VERB
cjal-3204	57	6	,	,	PUNCT
cjal-3204	57	7	the	the	DET
cjal-3204	57	8	holder	holder	NOUN
cjal-3204	57	9	is	be	AUX
cjal-3204	57	10	entitled	entitle	VERB
cjal-3204	57	11	to	to	ADP
cjal-3204	57	12	compensation	compensation	NOUN
cjal-3204	57	13	.	.	PUNCT
cjal-3204	58	1	hence	hence	ADV
cjal-3204	58	2	in	in	ADP
cjal-3204	58	3	many	many	ADJ
cjal-3204	58	4	respects	respect	NOUN
cjal-3204	58	5	,	,	PUNCT
cjal-3204	58	6	a	a	DET
cjal-3204	58	7	granted	grant	VERB
cjal-3204	58	8	land	land	NOUN
cjal-3204	58	9	use	use	NOUN
cjal-3204	58	10	right	right	NOUN
cjal-3204	58	11	is	be	AUX
cjal-3204	58	12	analogous	analogous	ADJ
cjal-3204	58	13	to	to	ADP
cjal-3204	58	14	a	a	DET
cjal-3204	58	15	long	long	ADJ
cjal-3204	58	16	term	term	NOUN
cjal-3204	58	17	ground	ground	NOUN
cjal-3204	58	18	lease	lease	NOUN
cjal-3204	58	19	in	in	ADP
cjal-3204	58	20	english	english	PROPN
cjal-3204	58	21	and	and	CCONJ
cjal-3204	58	22	american	american	ADJ
cjal-3204	58	23	practice	practice	NOUN
cjal-3204	58	24	.	.	PUNCT
cjal-3204	59	1	however	however	ADV
cjal-3204	59	2	,	,	PUNCT
cjal-3204	59	3	it	it	PRON
cjal-3204	59	4	is	be	AUX
cjal-3204	59	5	technically	technically	ADV
cjal-3204	59	6	not	not	PART
cjal-3204	59	7	a	a	DET
cjal-3204	59	8	lease	lease	NOUN
cjal-3204	59	9	,	,	PUNCT
cjal-3204	59	10	and	and	CCONJ
cjal-3204	59	11	landlord	landlord	NOUN
cjal-3204	59	12	-	-	PUNCT
cjal-3204	59	13	tenant	tenant	NOUN
cjal-3204	59	14	law	law	NOUN
cjal-3204	59	15	is	be	AUX
cjal-3204	59	16	not	not	PART
cjal-3204	59	17	applicable	applicable	ADJ
cjal-3204	59	18	.	.	PUNCT
cjal-3204	60	1	there	there	PRON
cjal-3204	60	2	is	be	VERB
cjal-3204	60	3	a	a	DET
cjal-3204	60	4	general	general	ADJ
cjal-3204	60	5	expectation	expectation	NOUN
cjal-3204	60	6	that	that	PRON
cjal-3204	60	7	granted	grant	VERB
cjal-3204	60	8	land	land	NOUN
cjal-3204	60	9	use	use	NOUN
cjal-3204	60	10	rights	right	NOUN
cjal-3204	60	11	will	will	AUX
cjal-3204	60	12	be	be	AUX
cjal-3204	60	13	renewed	renew	VERB
cjal-3204	60	14	upon	upon	SCONJ
cjal-3204	60	15	their	their	PRON
cjal-3204	60	16	expiration	expiration	NOUN
cjal-3204	60	17	.	.	PUNCT
cjal-3204	61	1	existing	exist	VERB
cjal-3204	61	2	law	law	NOUN
cjal-3204	61	3	guarantees	guarantee	VERB
cjal-3204	61	4	renewal	renewal	NOUN
cjal-3204	61	5	except	except	SCONJ
cjal-3204	61	6	when	when	SCONJ
cjal-3204	61	7	it	it	PRON
cjal-3204	61	8	would	would	AUX
cjal-3204	61	9	be	be	AUX
cjal-3204	61	10	contrary	contrary	ADJ
cjal-3204	61	11	to	to	ADP
cjal-3204	61	12	the	the	DET
cjal-3204	61	13	"	"	PUNCT
cjal-3204	61	14	public	public	ADJ
cjal-3204	61	15	interest	interest	NOUN
cjal-3204	61	16	.	.	PUNCT
cjal-3204	62	1	"9	"9	PROPN
cjal-3204	62	2	however	however	ADV
cjal-3204	62	3	,	,	PUNCT
cjal-3204	62	4	there	there	PRON
cjal-3204	62	5	is	be	VERB
cjal-3204	62	6	no	no	DET
cjal-3204	62	7	certainty	certainty	NOUN
cjal-3204	62	8	as	as	ADP
cjal-3204	62	9	to	to	ADP
cjal-3204	62	10	the	the	DET
cjal-3204	62	11	interpretation	interpretation	NOUN
cjal-3204	62	12	of	of	ADP
cjal-3204	62	13	that	that	DET
cjal-3204	62	14	phrase	phrase	NOUN
cjal-3204	62	15	.	.	PUNCT
cjal-3204	63	1	moreover	moreover	ADV
cjal-3204	63	2	,	,	PUNCT
cjal-3204	63	3	a	a	DET
cjal-3204	63	4	renewal	renewal	NOUN
cjal-3204	63	5	of	of	ADP
cjal-3204	63	6	a	a	DET
cjal-3204	63	7	granted	grant	VERB
cjal-3204	63	8	right	right	NOUN
cjal-3204	63	9	will	will	AUX
cjal-3204	63	10	require	require	VERB
cjal-3204	63	11	the	the	DET
cjal-3204	63	12	holder	holder	NOUN
cjal-3204	63	13	to	to	PART
cjal-3204	63	14	enter	enter	VERB
cjal-3204	63	15	into	into	ADP
cjal-3204	63	16	a	a	DET
cjal-3204	63	17	new	new	ADJ
cjal-3204	63	18	contract	contract	NOUN
cjal-3204	63	19	with	with	ADP
cjal-3204	63	20	the	the	DET
cjal-3204	63	21	land	land	NOUN
cjal-3204	63	22	administration	administration	NOUN
cjal-3204	63	23	and	and	CCONJ
cjal-3204	63	24	pay	pay	VERB
cjal-3204	63	25	a	a	DET
cjal-3204	63	26	new	new	ADJ
cjal-3204	63	27	fee	fee	NOUN
cjal-3204	63	28	which	which	PRON
cjal-3204	63	29	presumably	presumably	ADV
cjal-3204	63	30	will	will	AUX
cjal-3204	63	31	be	be	AUX
cjal-3204	63	32	based	base	VERB
cjal-3204	63	33	on	on	ADP
cjal-3204	63	34	the	the	DET
cjal-3204	63	35	then	then	ADV
cjal-3204	63	36	-	-	PUNCT
cjal-3204	63	37	current	current	ADJ
cjal-3204	63	38	value	value	NOUN
cjal-3204	63	39	of	of	ADP
cjal-3204	63	40	the	the	DET
cjal-3204	63	41	land	land	NOUN
cjal-3204	63	42	(	(	PUNCT
cjal-3204	63	43	although	although	SCONJ
cjal-3204	63	44	not	not	PART
cjal-3204	63	45	the	the	DET
cjal-3204	63	46	buildings	building	NOUN
cjal-3204	63	47	constructed	construct	VERB
cjal-3204	63	48	by	by	ADP
cjal-3204	63	49	the	the	DET
cjal-3204	63	50	right	right	NOUN
cjal-3204	63	51	-	-	PUNCT
cjal-3204	63	52	holder	holder	NOUN
cjal-3204	63	53	,	,	PUNCT
cjal-3204	63	54	which	which	PRON
cjal-3204	63	55	are	be	AUX
cjal-3204	63	56	considered	consider	VERB
cjal-3204	63	57	to	to	PART
cjal-3204	63	58	be	be	AUX
cjal-3204	63	59	separate	separate	ADJ
cjal-3204	63	60	property	property	NOUN
cjal-3204	63	61	and	and	CCONJ
cjal-3204	63	62	to	to	PART
cjal-3204	63	63	be	be	AUX
cjal-3204	63	64	owned	own	VERB
cjal-3204	63	65	by	by	ADP
cjal-3204	63	66	the	the	DET
cjal-3204	63	67	right	right	ADJ
cjal-3204	63	68	-	-	PUNCT
cjal-3204	63	69	holder	holder	NOUN
cjal-3204	63	70	)	)	PUNCT
cjal-3204	63	71	.	.	PUNCT
cjal-3204	64	1	thus	thus	ADV
cjal-3204	64	2	renewal	renewal	NOUN
cjal-3204	64	3	may	may	AUX
cjal-3204	64	4	be	be	AUX
cjal-3204	64	5	costly	costly	ADJ
cjal-3204	64	6	,	,	PUNCT
cjal-3204	64	7	and	and	CCONJ
cjal-3204	64	8	may	may	AUX
cjal-3204	64	9	not	not	PART
cjal-3204	64	10	be	be	AUX
cjal-3204	64	11	economically	economically	ADV
cjal-3204	64	12	attractive	attractive	ADJ
cjal-3204	64	13	in	in	ADP
cjal-3204	64	14	some	some	DET
cjal-3204	64	15	cases.10	cases.10	NOUN
cjal-3204	64	16	within	within	ADP
cjal-3204	64	17	a	a	DET
cjal-3204	64	18	few	few	ADJ
cjal-3204	64	19	years	year	NOUN
cjal-3204	64	20	after	after	SCONJ
cjal-3204	64	21	the	the	DET
cjal-3204	64	22	1988	1988	NUM
cjal-3204	64	23	legal	legal	ADJ
cjal-3204	64	24	changes	change	NOUN
cjal-3204	64	25	mentioned	mention	VERB
cjal-3204	64	26	above	above	ADV
cjal-3204	64	27	were	be	AUX
cjal-3204	64	28	made	make	VERB
cjal-3204	64	29	,	,	PUNCT
cjal-3204	64	30	a	a	DET
cjal-3204	64	31	thriving	thrive	VERB
cjal-3204	64	32	private	private	ADJ
cjal-3204	64	33	real	real	ADJ
cjal-3204	64	34	estate	estate	NOUN
cjal-3204	64	35	development	development	NOUN
cjal-3204	64	36	industry	industry	NOUN
cjal-3204	64	37	developed	develop	VERB
cjal-3204	64	38	in	in	ADP
cjal-3204	64	39	china	china	PROPN
cjal-3204	64	40	,	,	PUNCT
cjal-3204	64	41	but	but	CCONJ
cjal-3204	64	42	much	much	ADJ
cjal-3204	64	43	of	of	ADP
cjal-3204	64	44	the	the	DET
cjal-3204	64	45	early	early	ADJ
cjal-3204	64	46	development	development	NOUN
cjal-3204	64	47	occurred	occur	VERB
cjal-3204	64	48	without	without	ADP
cjal-3204	64	49	mortgage	mortgage	NOUN
cjal-3204	64	50	financing	financing	NOUN
cjal-3204	64	51	.	.	PUNCT
cjal-3204	65	1	instead	instead	ADV
cjal-3204	65	2	,	,	PUNCT
cjal-3204	65	3	many	many	ADJ
cjal-3204	65	4	projects	project	NOUN
cjal-3204	65	5	were	be	AUX
cjal-3204	65	6	financed	finance	VERB
cjal-3204	65	7	by	by	ADP
cjal-3204	65	8	equity	equity	NOUN
cjal-3204	65	9	investment	investment	NOUN
cjal-3204	65	10	,	,	PUNCT
cjal-3204	65	11	both	both	CCONJ
cjal-3204	65	12	by	by	ADP
cjal-3204	65	13	chinese	chinese	ADJ
cjal-3204	65	14	and	and	CCONJ
cjal-3204	65	15	offshore	offshore	ADV
cjal-3204	65	16	(	(	PUNCT
cjal-3204	65	17	mainly	mainly	ADV
cjal-3204	65	18	asian	asian	ADJ
cjal-3204	65	19	)	)	PUNCT
cjal-3204	65	20	investors	investor	NOUN
cjal-3204	65	21	.	.	PUNCT
cjal-3204	66	1	chinese	chinese	ADJ
cjal-3204	66	2	lenders	lender	NOUN
cjal-3204	66	3	were	be	AUX
cjal-3204	66	4	(	(	PUNCT
cjal-3204	66	5	and	and	CCONJ
cjal-3204	66	6	to	to	ADP
cjal-3204	66	7	some	some	DET
cjal-3204	66	8	extent	extent	NOUN
cjal-3204	66	9	remain	remain	VERB
cjal-3204	66	10	)	)	PUNCT
cjal-3204	66	11	distrustful	distrustful	NOUN
cjal-3204	66	12	of	of	ADP
cjal-3204	66	13	mortgage	mortgage	NOUN
cjal-3204	66	14	security	security	NOUN
cjal-3204	66	15	,	,	PUNCT
cjal-3204	66	16	in	in	ADP
cjal-3204	66	17	large	large	ADJ
cjal-3204	66	18	part	part	NOUN
cjal-3204	66	19	because	because	SCONJ
cjal-3204	66	20	of	of	ADP
cjal-3204	66	21	legal	legal	ADJ
cjal-3204	66	22	uncertainties	uncertainty	NOUN
cjal-3204	66	23	and	and	CCONJ
cjal-3204	66	24	a	a	DET
cjal-3204	66	25	lack	lack	NOUN
cjal-3204	66	26	of	of	ADP
cjal-3204	66	27	confidence	confidence	NOUN
cjal-3204	66	28	that	that	SCONJ
cjal-3204	66	29	the	the	DET
cjal-3204	66	30	theoretical	theoretical	ADJ
cjal-3204	66	31	remedies	remedy	NOUN
cjal-3204	66	32	against	against	ADP
cjal-3204	66	33	mortgaged	mortgaged	ADJ
cjal-3204	66	34	land	land	NOUN
cjal-3204	66	35	would	would	AUX
cjal-3204	66	36	be	be	AUX
cjal-3204	66	37	made	make	VERB
cjal-3204	66	38	available	available	ADJ
cjal-3204	66	39	in	in	ADP
cjal-3204	66	40	9	9	NUM
cjal-3204	66	41	.	.	PUNCT
cjal-3204	67	1	urban	urban	ADJ
cjal-3204	67	2	real	real	ADJ
cjal-3204	67	3	estate	estate	NOUN
cjal-3204	67	4	administration	administration	NOUN
cjal-3204	67	5	law	law	NOUN
cjal-3204	67	6	,	,	PUNCT
cjal-3204	67	7	section	section	NOUN
cjal-3204	67	8	21	21	NUM
cjal-3204	67	9	.	.	PUNCT
cjal-3204	68	1	10	10	NUM
cjal-3204	68	2	.	.	PUNCT
cjal-3204	69	1	randolph	randolph	PROPN
cjal-3204	69	2	&	&	CCONJ
cjal-3204	69	3	lou	lou	PROPN
cjal-3204	69	4	,	,	PUNCT
cjal-3204	69	5	supra	supra	PROPN
cjal-3204	69	6	note	note	NOUN
cjal-3204	69	7	2	2	NUM
cjal-3204	69	8	,	,	PUNCT
cjal-3204	69	9	at	at	ADP
cjal-3204	69	10	128	128	NUM
cjal-3204	69	11	-	-	SYM
cjal-3204	69	12	128	128	NUM
cjal-3204	69	13	.	.	PUNCT
cjal-3204	70	1	[	[	X
cjal-3204	70	2	15:1	15:1	NUM
cjal-3204	70	3	chinese	chinese	ADJ
cjal-3204	70	4	mortgagelaw	mortgagelaw	NOUN
cjal-3204	70	5	practice	practice	NOUN
cjal-3204	70	6	.	.	PUNCT
cjal-3204	71	1	for	for	ADP
cjal-3204	71	2	this	this	DET
cjal-3204	71	3	reason	reason	NOUN
cjal-3204	71	4	,	,	PUNCT
cjal-3204	71	5	mortgage	mortgage	NOUN
cjal-3204	71	6	finance	finance	NOUN
cjal-3204	71	7	and	and	CCONJ
cjal-3204	71	8	mortgage	mortgage	NOUN
cjal-3204	71	9	law	law	NOUN
cjal-3204	71	10	have	have	AUX
cjal-3204	71	11	expanded	expand	VERB
cjal-3204	71	12	more	more	ADV
cjal-3204	71	13	slowly	slowly	ADV
cjal-3204	71	14	than	than	ADP
cjal-3204	71	15	private	private	ADJ
cjal-3204	71	16	ownership	ownership	NOUN
cjal-3204	71	17	and	and	CCONJ
cjal-3204	71	18	land	land	NOUN
cjal-3204	71	19	development	development	NOUN
cjal-3204	71	20	in	in	ADP
cjal-3204	71	21	china	china	PROPN
cjal-3204	71	22	.	.	PROPN
cjal-3204	72	1	1	1	NUM
cjal-3204	72	2	while	while	SCONJ
cjal-3204	72	3	granted	grant	VERB
cjal-3204	72	4	land	land	NOUN
cjal-3204	72	5	use	use	NOUN
cjal-3204	72	6	rights	right	NOUN
cjal-3204	72	7	plainly	plainly	ADV
cjal-3204	72	8	fall	fall	VERB
cjal-3204	72	9	short	short	ADV
cjal-3204	72	10	of	of	ADP
cjal-3204	72	11	"	"	PUNCT
cjal-3204	72	12	fee	fee	ADJ
cjal-3204	72	13	simple	simple	ADJ
cjal-3204	72	14	absolute	absolute	ADJ
cjal-3204	72	15	"	"	PUNCT
cjal-3204	72	16	ownership	ownership	NOUN
cjal-3204	72	17	as	as	SCONJ
cjal-3204	72	18	is	be	AUX
cjal-3204	72	19	common	common	ADJ
cjal-3204	72	20	in	in	ADP
cjal-3204	72	21	the	the	DET
cjal-3204	72	22	united	united	PROPN
cjal-3204	72	23	states	states	PROPN
cjal-3204	72	24	,	,	PUNCT
cjal-3204	72	25	12	12	NUM
cjal-3204	72	26	they	they	PRON
cjal-3204	72	27	nonetheless	nonetheless	ADV
cjal-3204	72	28	have	have	VERB
cjal-3204	72	29	very	very	ADV
cjal-3204	72	30	substantial	substantial	ADJ
cjal-3204	72	31	value	value	NOUN
cjal-3204	72	32	,	,	PUNCT
cjal-3204	72	33	and	and	CCONJ
cjal-3204	72	34	thus	thus	ADV
cjal-3204	72	35	far	far	ADV
cjal-3204	72	36	have	have	AUX
cjal-3204	72	37	been	be	AUX
cjal-3204	72	38	regarded	regard	VERB
cjal-3204	72	39	by	by	ADP
cjal-3204	72	40	mortgage	mortgage	NOUN
cjal-3204	72	41	lenders	lender	NOUN
cjal-3204	72	42	as	as	ADV
cjal-3204	72	43	tantamount	tantamount	ADJ
cjal-3204	72	44	to	to	ADP
cjal-3204	72	45	outright	outright	ADJ
cjal-3204	72	46	ownership	ownership	NOUN
cjal-3204	72	47	.	.	PUNCT
cjal-3204	73	1	allocated	allocate	VERB
cjal-3204	73	2	rights	right	NOUN
cjal-3204	73	3	are	be	AUX
cjal-3204	73	4	understandably	understandably	ADV
cjal-3204	73	5	far	far	ADV
cjal-3204	73	6	less	less	ADV
cjal-3204	73	7	attractive	attractive	ADJ
cjal-3204	73	8	as	as	ADP
cjal-3204	73	9	security	security	NOUN
cjal-3204	73	10	,	,	PUNCT
cjal-3204	73	11	and	and	CCONJ
cjal-3204	73	12	are	be	AUX
cjal-3204	73	13	generally	generally	ADV
cjal-3204	73	14	employed	employ	VERB
cjal-3204	73	15	today	today	NOUN
cjal-3204	73	16	only	only	ADV
cjal-3204	73	17	for	for	ADP
cjal-3204	73	18	property	property	NOUN
cjal-3204	73	19	intended	intend	VERB
cjal-3204	73	20	for	for	ADP
cjal-3204	73	21	public	public	ADJ
cjal-3204	73	22	or	or	CCONJ
cjal-3204	73	23	state	state	NOUN
cjal-3204	73	24	use	use	NOUN
cjal-3204	73	25	.	.	PUNCT
cjal-3204	74	1	but	but	CCONJ
cjal-3204	74	2	even	even	ADV
cjal-3204	74	3	granted	grant	VERB
cjal-3204	74	4	land	land	NOUN
cjal-3204	74	5	use	use	NOUN
cjal-3204	74	6	rights	right	NOUN
cjal-3204	74	7	have	have	VERB
cjal-3204	74	8	limitations	limitation	NOUN
cjal-3204	74	9	as	as	ADP
cjal-3204	74	10	security	security	NOUN
cjal-3204	74	11	for	for	ADP
cjal-3204	74	12	credit	credit	NOUN
cjal-3204	74	13	.	.	PUNCT
cjal-3204	75	1	obviously	obviously	ADV
cjal-3204	75	2	no	no	DET
cjal-3204	75	3	astute	astute	ADJ
cjal-3204	75	4	mortgage	mortgage	NOUN
cjal-3204	75	5	lender	lender	NOUN
cjal-3204	75	6	would	would	AUX
cjal-3204	75	7	be	be	AUX
cjal-3204	75	8	willing	willing	ADJ
cjal-3204	75	9	to	to	PART
cjal-3204	75	10	make	make	VERB
cjal-3204	75	11	a	a	DET
cjal-3204	75	12	loan	loan	NOUN
cjal-3204	75	13	secured	secure	VERB
cjal-3204	75	14	by	by	ADP
cjal-3204	75	15	a	a	DET
cjal-3204	75	16	granted	grant	VERB
cjal-3204	75	17	land	land	NOUN
cjal-3204	75	18	use	use	NOUN
cjal-3204	75	19	right	right	NOUN
cjal-3204	75	20	for	for	ADP
cjal-3204	75	21	a	a	DET
cjal-3204	75	22	term	term	NOUN
cjal-3204	75	23	exceeding	exceed	VERB
cjal-3204	75	24	the	the	DET
cjal-3204	75	25	duration	duration	NOUN
cjal-3204	75	26	of	of	ADP
cjal-3204	75	27	the	the	DET
cjal-3204	75	28	right	right	NOUN
cjal-3204	75	29	itself	itself	PRON
cjal-3204	75	30	.	.	PUNCT
cjal-3204	76	1	moreover	moreover	ADV
cjal-3204	76	2	,	,	PUNCT
cjal-3204	76	3	as	as	SCONJ
cjal-3204	76	4	granted	grant	VERB
cjal-3204	76	5	rights	right	NOUN
cjal-3204	76	6	begin	begin	VERB
cjal-3204	76	7	to	to	PART
cjal-3204	76	8	approach	approach	VERB
cjal-3204	76	9	the	the	DET
cjal-3204	76	10	end	end	NOUN
cjal-3204	76	11	of	of	ADP
cjal-3204	76	12	their	their	PRON
cjal-3204	76	13	terms	term	NOUN
cjal-3204	76	14	,	,	PUNCT
cjal-3204	76	15	it	it	PRON
cjal-3204	76	16	may	may	AUX
cjal-3204	76	17	be	be	AUX
cjal-3204	76	18	that	that	SCONJ
cjal-3204	76	19	their	their	PRON
cjal-3204	76	20	market	market	NOUN
cjal-3204	76	21	value	value	NOUN
cjal-3204	76	22	will	will	AUX
cjal-3204	76	23	begin	begin	VERB
cjal-3204	76	24	to	to	PART
cjal-3204	76	25	decline	decline	VERB
cjal-3204	76	26	,	,	PUNCT
cjal-3204	76	27	perhaps	perhaps	ADV
cjal-3204	76	28	precipitously	precipitously	ADV
cjal-3204	76	29	,	,	PUNCT
cjal-3204	76	30	much	much	ADJ
cjal-3204	76	31	in	in	ADP
cjal-3204	76	32	the	the	DET
cjal-3204	76	33	same	same	ADJ
cjal-3204	76	34	way	way	NOUN
cjal-3204	76	35	that	that	PRON
cjal-3204	76	36	the	the	DET
cjal-3204	76	37	value	value	NOUN
cjal-3204	76	38	of	of	ADP
cjal-3204	76	39	groundleased	groundlease	VERB
cjal-3204	76	40	property	property	NOUN
cjal-3204	76	41	declines	decline	NOUN
cjal-3204	76	42	in	in	ADP
cjal-3204	76	43	england	england	PROPN
cjal-3204	76	44	and	and	CCONJ
cjal-3204	76	45	america	america	PROPN
cjal-3204	76	46	as	as	ADP
cjal-3204	76	47	its	its	PRON
cjal-3204	76	48	termination	termination	NOUN
cjal-3204	76	49	date	date	NOUN
cjal-3204	76	50	approaches	approach	NOUN
cjal-3204	76	51	.	.	PUNCT
cjal-3204	77	1	13	13	NUM
cjal-3204	78	1	but	but	CCONJ
cjal-3204	78	2	since	since	SCONJ
cjal-3204	78	3	this	this	PRON
cjal-3204	78	4	will	will	AUX
cjal-3204	78	5	not	not	PART
cjal-3204	78	6	occur	occur	VERB
cjal-3204	78	7	with	with	ADP
cjal-3204	78	8	respect	respect	NOUN
cjal-3204	78	9	to	to	ADP
cjal-3204	78	10	any	any	DET
cjal-3204	78	11	granted	grant	VERB
cjal-3204	78	12	rights	right	NOUN
cjal-3204	78	13	in	in	ADP
cjal-3204	78	14	china	china	PROPN
cjal-3204	78	15	for	for	ADP
cjal-3204	78	16	a	a	DET
cjal-3204	78	17	number	number	NOUN
cjal-3204	78	18	of	of	ADP
cjal-3204	78	19	years	year	NOUN
cjal-3204	78	20	,	,	PUNCT
cjal-3204	78	21	and	and	CCONJ
cjal-3204	78	22	will	will	AUX
cjal-3204	78	23	obviously	obviously	ADV
cjal-3204	78	24	depend	depend	VERB
cjal-3204	78	25	on	on	ADP
cjal-3204	78	26	the	the	DET
cjal-3204	78	27	policies	policy	NOUN
cjal-3204	78	28	followed	follow	VERB
cjal-3204	78	29	by	by	ADP
cjal-3204	78	30	the	the	DET
cjal-3204	78	31	chinese	chinese	ADJ
cjal-3204	78	32	government	government	NOUN
cjal-3204	78	33	at	at	ADP
cjal-3204	78	34	that	that	DET
cjal-3204	78	35	time	time	NOUN
cjal-3204	78	36	,	,	PUNCT
cjal-3204	78	37	predictions	prediction	NOUN
cjal-3204	78	38	about	about	ADP
cjal-3204	78	39	it	it	PRON
cjal-3204	78	40	are	be	AUX
cjal-3204	78	41	necessarily	necessarily	ADV
cjal-3204	78	42	speculative	speculative	ADJ
cjal-3204	78	43	.	.	PUNCT
cjal-3204	79	1	in	in	ADP
cjal-3204	79	2	the	the	DET
cjal-3204	79	3	meantime	meantime	NOUN
cjal-3204	79	4	,	,	PUNCT
cjal-3204	79	5	granted	grant	VERB
cjal-3204	79	6	land	land	NOUN
cjal-3204	79	7	use	use	NOUN
cjal-3204	79	8	rights	right	NOUN
cjal-3204	79	9	have	have	VERB
cjal-3204	79	10	characteristics	characteristic	NOUN
cjal-3204	79	11	sufficiently	sufficiently	ADV
cjal-3204	79	12	similar	similar	ADJ
cjal-3204	79	13	to	to	ADP
cjal-3204	79	14	outright	outright	ADJ
cjal-3204	79	15	ownership	ownership	NOUN
cjal-3204	79	16	in	in	ADP
cjal-3204	79	17	the	the	DET
cjal-3204	79	18	west	west	NOUN
cjal-3204	79	19	that	that	PRON
cjal-3204	79	20	a	a	DET
cjal-3204	79	21	comparison	comparison	NOUN
cjal-3204	79	22	of	of	ADP
cjal-3204	79	23	mortgage	mortgage	NOUN
cjal-3204	79	24	law	law	NOUN
cjal-3204	79	25	in	in	ADP
cjal-3204	79	26	the	the	DET
cjal-3204	79	27	chinese	chinese	ADJ
cjal-3204	79	28	and	and	CCONJ
cjal-3204	79	29	american	american	ADJ
cjal-3204	79	30	systems	system	NOUN
cjal-3204	79	31	is	be	AUX
cjal-3204	79	32	a	a	DET
cjal-3204	79	33	sensible	sensible	ADJ
cjal-3204	79	34	and	and	CCONJ
cjal-3204	79	35	useful	useful	ADJ
cjal-3204	79	36	exercise	exercise	NOUN
cjal-3204	79	37	.	.	PUNCT
cjal-3204	80	1	to	to	PART
cjal-3204	80	2	compare	compare	VERB
cjal-3204	80	3	all	all	DET
cjal-3204	80	4	aspects	aspect	NOUN
cjal-3204	80	5	of	of	ADP
cjal-3204	80	6	american	american	ADJ
cjal-3204	80	7	and	and	CCONJ
cjal-3204	80	8	chinese	chinese	ADJ
cjal-3204	80	9	real	real	ADJ
cjal-3204	80	10	estate	estate	NOUN
cjal-3204	80	11	finance	finance	NOUN
cjal-3204	80	12	law	law	NOUN
cjal-3204	80	13	would	would	AUX
cjal-3204	80	14	require	require	VERB
cjal-3204	80	15	a	a	DET
cjal-3204	80	16	book	book	NOUN
cjal-3204	80	17	,	,	PUNCT
cjal-3204	80	18	not	not	PART
cjal-3204	80	19	merely	merely	ADV
cjal-3204	80	20	an	an	DET
cjal-3204	80	21	article	article	NOUN
cjal-3204	80	22	.	.	PUNCT
cjal-3204	81	1	to	to	PART
cjal-3204	81	2	keep	keep	VERB
cjal-3204	81	3	this	this	DET
cjal-3204	81	4	paper	paper	NOUN
cjal-3204	81	5	of	of	ADP
cjal-3204	81	6	manageable	manageable	ADJ
cjal-3204	81	7	size	size	NOUN
cjal-3204	81	8	,	,	PUNCT
cjal-3204	81	9	i	i	PRON
cjal-3204	81	10	have	have	AUX
cjal-3204	81	11	limited	limit	VERB
cjal-3204	81	12	it	it	PRON
cjal-3204	81	13	to	to	ADP
cjal-3204	81	14	three	three	NUM
cjal-3204	81	15	areas	area	NOUN
cjal-3204	81	16	of	of	ADP
cjal-3204	81	17	mortgage	mortgage	NOUN
cjal-3204	81	18	law	law	NOUN
cjal-3204	81	19	,	,	PUNCT
cjal-3204	81	20	all	all	PRON
cjal-3204	81	21	of	of	ADP
cjal-3204	81	22	them	they	PRON
cjal-3204	81	23	extremely	extremely	ADV
cjal-3204	81	24	important	important	ADJ
cjal-3204	81	25	.	.	PUNCT
cjal-3204	82	1	i	i	PRON
cjal-3204	82	2	discuss	discuss	VERB
cjal-3204	82	3	(	(	PUNCT
cjal-3204	82	4	1	1	NUM
cjal-3204	82	5	)	)	PUNCT
cjal-3204	82	6	transfers	transfer	NOUN
cjal-3204	82	7	of	of	ADP
cjal-3204	82	8	mortgaged	mortgage	VERB
cjal-3204	82	9	real	real	ADJ
cjal-3204	82	10	11	11	NUM
cjal-3204	82	11	.	.	PUNCT
cjal-3204	83	1	randolph	randolph	PROPN
cjal-3204	83	2	&	&	CCONJ
cjal-3204	83	3	lou	lou	PROPN
cjal-3204	83	4	,	,	PUNCT
cjal-3204	83	5	supra	supra	PROPN
cjal-3204	83	6	note	note	NOUN
cjal-3204	83	7	2	2	NUM
cjal-3204	83	8	,	,	PUNCT
cjal-3204	83	9	at	at	ADP
cjal-3204	83	10	19	19	NUM
cjal-3204	83	11	-	-	SYM
cjal-3204	83	12	23	23	NUM
cjal-3204	83	13	.	.	PUNCT
cjal-3204	83	14	12	12	NUM
cjal-3204	83	15	.	.	PUNCT
cjal-3204	84	1	while	while	SCONJ
cjal-3204	84	2	residents	resident	NOUN
cjal-3204	84	3	of	of	ADP
cjal-3204	84	4	the	the	DET
cjal-3204	84	5	united	united	PROPN
cjal-3204	84	6	states	states	PROPN
cjal-3204	84	7	or	or	CCONJ
cjal-3204	84	8	england	england	PROPN
cjal-3204	84	9	might	might	AUX
cjal-3204	84	10	feel	feel	VERB
cjal-3204	84	11	uncomfortable	uncomfortable	ADJ
cjal-3204	84	12	with	with	ADP
cjal-3204	84	13	ownership	ownership	NOUN
cjal-3204	84	14	that	that	PRON
cjal-3204	84	15	is	be	AUX
cjal-3204	84	16	less	less	ADJ
cjal-3204	84	17	than	than	ADP
cjal-3204	84	18	absolute	absolute	ADJ
cjal-3204	84	19	,	,	PUNCT
cjal-3204	84	20	there	there	PRON
cjal-3204	84	21	is	be	VERB
cjal-3204	84	22	ample	ample	ADJ
cjal-3204	84	23	precedent	precedent	NOUN
cjal-3204	84	24	and	and	CCONJ
cjal-3204	84	25	cultural	cultural	ADJ
cjal-3204	84	26	acceptance	acceptance	NOUN
cjal-3204	84	27	of	of	ADP
cjal-3204	84	28	it	it	PRON
cjal-3204	84	29	in	in	ADP
cjal-3204	84	30	china	china	PROPN
cjal-3204	84	31	.	.	PUNCT
cjal-3204	85	1	see	see	VERB
cjal-3204	85	2	jonathan	jonathan	PROPN
cjal-3204	85	3	d.	d.	PROPN
cjal-3204	85	4	spence	spence	PROPN
cjal-3204	85	5	,	,	PUNCT
cjal-3204	85	6	the	the	DET
cjal-3204	85	7	search	search	NOUN
cjal-3204	85	8	for	for	ADP
cjal-3204	85	9	modern	modern	ADJ
cjal-3204	85	10	china	china	PROPN
cjal-3204	85	11	(	(	PUNCT
cjal-3204	85	12	1990	1990	NUM
cjal-3204	85	13	)	)	PUNCT
cjal-3204	85	14	at	at	ADP
cjal-3204	85	15	14	14	NUM
cjal-3204	85	16	,	,	PUNCT
cjal-3204	85	17	describing	describe	VERB
cjal-3204	85	18	the	the	DET
cjal-3204	85	19	development	development	NOUN
cjal-3204	85	20	of	of	ADP
cjal-3204	85	21	a	a	DET
cjal-3204	85	22	variety	variety	NOUN
cjal-3204	85	23	of	of	ADP
cjal-3204	85	24	forms	form	NOUN
cjal-3204	85	25	of	of	ADP
cjal-3204	85	26	limited	limited	ADJ
cjal-3204	85	27	ownership	ownership	NOUN
cjal-3204	85	28	of	of	ADP
cjal-3204	85	29	land	land	NOUN
cjal-3204	85	30	during	during	ADP
cjal-3204	85	31	the	the	DET
cjal-3204	85	32	ming	ming	PROPN
cjal-3204	85	33	dynasty	dynasty	PROPN
cjal-3204	85	34	,	,	PUNCT
cjal-3204	85	35	ca	ca	NOUN
cjal-3204	85	36	.	.	PROPN
cjal-3204	85	37	1600	1600	NUM
cjal-3204	85	38	,	,	PUNCT
cjal-3204	85	39	as	as	ADP
cjal-3204	85	40	a	a	DET
cjal-3204	85	41	response	response	NOUN
cjal-3204	85	42	to	to	ADP
cjal-3204	85	43	taxes	taxis	NOUN
cjal-3204	85	44	imposed	impose	VERB
cjal-3204	85	45	on	on	ADP
cjal-3204	85	46	the	the	DET
cjal-3204	85	47	transfer	transfer	NOUN
cjal-3204	85	48	of	of	ADP
cjal-3204	85	49	absolute	absolute	ADJ
cjal-3204	85	50	ownership	ownership	NOUN
cjal-3204	85	51	.	.	PUNCT
cjal-3204	86	1	13	13	NUM
cjal-3204	86	2	.	.	X
cjal-3204	87	1	see	see	VERB
cjal-3204	87	2	,	,	PUNCT
cjal-3204	87	3	e.g.	e.g.	ADV
cjal-3204	87	4	,	,	PUNCT
cjal-3204	87	5	schulem	schulem	PROPN
cjal-3204	87	6	b.	b.	PROPN
cjal-3204	87	7	association	association	PROPN
cjal-3204	87	8	,	,	PUNCT
cjal-3204	87	9	in	in	ADP
cjal-3204	87	10	re	re	NOUN
cjal-3204	87	11	appeal	appeal	VERB
cjal-3204	87	12	from	from	ADP
cjal-3204	87	13	a	a	DET
cjal-3204	87	14	decision	decision	NOUN
cjal-3204	87	15	of	of	ADP
cjal-3204	87	16	the	the	DET
cjal-3204	87	17	leasehold	leasehold	NOUN
cjal-3204	87	18	valuation	valuation	NOUN
cjal-3204	87	19	tribunal	tribunal	NOUN
cjal-3204	87	20	for	for	ADP
cjal-3204	87	21	the	the	DET
cjal-3204	87	22	london	london	PROPN
cjal-3204	87	23	rent	rent	NOUN
cjal-3204	87	24	assessment	assessment	NOUN
cjal-3204	87	25	panel	panel	NOUN
cjal-3204	87	26	(	(	PUNCT
cjal-3204	87	27	2000	2000	NUM
cjal-3204	87	28	)	)	PUNCT
cjal-3204	88	1	<	<	X
cjal-3204	88	2	http:/wvw.courtservice.gov.uk	http:/wvw.courtservice.gov.uk	NOUN
cjal-3204	88	3	/	/	SYM
cjal-3204	88	4	tribunalsflandsdecisionsdeira	tribunalsflandsdecisionsdeira	NOUN
cjal-3204	88	5	4700.htm	4700.htm	NUM
cjal-3204	88	6	>	>	X
cjal-3204	88	7	.	.	PUNCT
cjal-3204	89	1	the	the	DET
cjal-3204	89	2	leasehold	leasehold	PROPN
cjal-3204	89	3	valuation	valuation	NOUN
cjal-3204	89	4	tribunal	tribunal	NOUN
cjal-3204	89	5	hears	hear	VERB
cjal-3204	89	6	disputes	dispute	NOUN
cjal-3204	89	7	concerning	concern	VERB
cjal-3204	89	8	the	the	DET
cjal-3204	89	9	value	value	NOUN
cjal-3204	89	10	that	that	PRON
cjal-3204	89	11	tenants	tenant	NOUN
cjal-3204	89	12	must	must	AUX
cjal-3204	89	13	pay	pay	VERB
cjal-3204	89	14	a	a	DET
cjal-3204	89	15	landlord	landlord	NOUN
cjal-3204	89	16	%	%	NOUN
cjal-3204	89	17	hen	hen	NOUN
cjal-3204	89	18	acquiring	acquire	VERB
cjal-3204	89	19	the	the	DET
cjal-3204	89	20	reversion	reversion	NOUN
cjal-3204	89	21	,	,	PUNCT
cjal-3204	89	22	a	a	DET
cjal-3204	89	23	transaction	transaction	NOUN
cjal-3204	89	24	in	in	ADP
cjal-3204	89	25	which	which	PRON
cjal-3204	89	26	london	london	PROPN
cjal-3204	89	27	tenants	tenant	NOUN
cjal-3204	89	28	are	be	AUX
cjal-3204	89	29	entitled	entitle	VERB
cjal-3204	89	30	to	to	PART
cjal-3204	89	31	engage	engage	VERB
cjal-3204	89	32	as	as	ADP
cjal-3204	89	33	a	a	DET
cjal-3204	89	34	matter	matter	NOUN
cjal-3204	89	35	of	of	ADP
cjal-3204	89	36	right	right	ADV
cjal-3204	89	37	under	under	ADP
cjal-3204	89	38	certain	certain	ADJ
cjal-3204	89	39	conditions	condition	NOUN
cjal-3204	89	40	.	.	PUNCT
cjal-3204	90	1	see	see	VERB
cjal-3204	90	2	should	should	AUX
cjal-3204	90	3	i	i	PRON
cjal-3204	90	4	bu	bu	VERB
cjal-3204	90	5	,	,	PUNCT
cjal-3204	90	6	af	af	NOUN
cjal-3204	90	7	)	)	PUNCT
cjal-3204	90	8	lease	lease	NOUN
cjal-3204	90	9	?	?	PUNCT
cjal-3204	91	1	<	<	X
cjal-3204	91	2	http://iwwv.thisismoney.comfundatedmhl20.htm	http://iwwv.thisismoney.comfundatedmhl20.htm	PROPN
cjal-3204	91	3	>	>	X
cjal-3204	91	4	;	;	PUNCT
cjal-3204	91	5	department	department	NOUN
cjal-3204	91	6	of	of	ADP
cjal-3204	91	7	the	the	DET
cjal-3204	91	8	environment	environment	NOUN
cjal-3204	91	9	,	,	PUNCT
cjal-3204	91	10	transport	transport	NOUN
cjal-3204	91	11	and	and	CCONJ
cjal-3204	91	12	the	the	DET
cjal-3204	91	13	regions	region	NOUN
cjal-3204	91	14	,	,	PUNCT
cjal-3204	91	15	leasehold	leasehold	NOUN
cjal-3204	91	16	flats	flat	NOUN
cjal-3204	91	17	<	<	X
cjal-3204	91	18	http'j	http'j	X
cjal-3204	91	19	/	/	SYM
cjal-3204	91	20	wwv.housing.dtlr.gov.uklorder	wwv.housing.dtlr.gov.uklorder	NOUN
cjal-3204	91	21	~	~	NOUN
cjal-3204	91	22	flats	flat	NOUN
cjal-3204	91	23	>	>	X
cjal-3204	91	24	(	(	PUNCT
cjal-3204	91	25	last	last	ADV
cjal-3204	91	26	.isited	.isited	ADJ
cjal-3204	91	27	nov.20	nov.20	X
cjal-3204	91	28	,	,	PUNCT
cjal-3204	91	29	2001	2001	NUM
cjal-3204	91	30	)	)	PUNCT
cjal-3204	91	31	.	.	PUNCT
cjal-3204	92	1	with	with	ADP
cjal-3204	92	2	respect	respect	NOUN
cjal-3204	92	3	to	to	ADP
cjal-3204	92	4	hawaiian	hawaiian	ADJ
cjal-3204	92	5	ground	ground	NOUN
cjal-3204	92	6	leases	lease	NOUN
cjal-3204	92	7	,	,	PUNCT
cjal-3204	92	8	see	see	VERB
cjal-3204	92	9	del	del	PROPN
cjal-3204	92	10	osman	osman	PROPN
cjal-3204	92	11	realty	realty	PROPN
cjal-3204	92	12	,	,	PUNCT
cjal-3204	92	13	hawaii	hawaii	PROPN
cjal-3204	92	14	real	real	ADJ
cjal-3204	92	15	estate	estate	NOUN
cjal-3204	92	16	issues	issue	NOUN
cjal-3204	92	17	:	:	PUNCT
cjal-3204	92	18	leasehold	leasehold	NOUN
cjal-3204	92	19	ownership	ownership	NOUN
cjal-3204	92	20	in	in	ADP
cjal-3204	92	21	hmsaii	hmsaii	NOUN
cjal-3204	92	22	<	<	X
cjal-3204	92	23	http'//wwwvosmanl.comleashold.html	http'//wwwvosmanl.comleashold.html	PROPN
cjal-3204	92	24	>	>	X
cjal-3204	92	25	(	(	PUNCT
cjal-3204	92	26	last	last	ADV
cjal-3204	92	27	visited	visit	VERB
cjal-3204	92	28	no.v20	no.v20	ADP
cjal-3204	92	29	,	,	PUNCT
cjal-3204	92	30	2001	2001	NUM
cjal-3204	92	31	)	)	PUNCT
cjal-3204	92	32	.	.	PUNCT
cjal-3204	93	1	both	both	PRON
cjal-3204	93	2	english	english	ADJ
cjal-3204	93	3	and	and	CCONJ
cjal-3204	93	4	hawaiian	hawaiian	ADJ
cjal-3204	93	5	practice	practice	NOUN
cjal-3204	93	6	(	(	PUNCT
cjal-3204	93	7	as	as	ADV
cjal-3204	93	8	well	well	ADV
cjal-3204	93	9	as	as	ADP
cjal-3204	93	10	japan	japan	PROPN
cjal-3204	93	11	,	,	PUNCT
cjal-3204	93	12	hong	hong	PROPN
cjal-3204	93	13	kong	kong	PROPN
cjal-3204	93	14	,	,	PUNCT
cjal-3204	93	15	and	and	CCONJ
cjal-3204	93	16	china	china	PROPN
cjal-3204	93	17	)	)	PUNCT
cjal-3204	93	18	are	be	AUX
cjal-3204	93	19	discussed	discuss	VERB
cjal-3204	93	20	in	in	ADP
cjal-3204	93	21	the	the	DET
cjal-3204	93	22	second	second	ADJ
cjal-3204	93	23	annual	annual	ADJ
cjal-3204	93	24	international	international	ADJ
cjal-3204	93	25	land	land	NOUN
cjal-3204	93	26	policy	policy	NOUN
cjal-3204	93	27	forum	forum	NOUN
cjal-3204	93	28	,	,	PUNCT
cjal-3204	93	29	land	land	NOUN
cjal-3204	93	30	:	:	PUNCT
cjal-3204	93	31	possession	possession	NOUN
cjal-3204	93	32	to	to	ADP
cjal-3204	93	33	utilization	utilization	NOUN
cjal-3204	93	34	,	,	PUNCT
cjal-3204	93	35	fixedter.m	fixedter.m	NOUN
cjal-3204	93	36	ground	ground	NOUN
cjal-3204	93	37	lease	lease	NOUN
cjal-3204	93	38	and	and	CCONJ
cjal-3204	93	39	land	land	NOUN
cjal-3204	93	40	usage	usage	NOUN
cjal-3204	93	41	,	,	PUNCT
cjal-3204	93	42	national	national	ADJ
cjal-3204	93	43	land	land	NOUN
cjal-3204	93	44	agency	agency	PROPN
cjal-3204	93	45	of	of	ADP
cjal-3204	93	46	japan	japan	PROPN
cjal-3204	93	47	(	(	PUNCT
cjal-3204	93	48	1995	1995	NUM
cjal-3204	93	49	)	)	PUNCT
cjal-3204	93	50	.	.	PUNCT
cjal-3204	94	1	2001	2001	NUM
cjal-3204	94	2	]	]	PUNCT
cjal-3204	94	3	columbia	columbia	PROPN
cjal-3204	94	4	journal	journal	PROPN
cjal-3204	94	5	of	of	ADP
cjal-3204	94	6	asian	asian	ADJ
cjal-3204	94	7	law	law	NOUN
cjal-3204	94	8	estate	estate	NOUN
cjal-3204	94	9	,	,	PUNCT
cjal-3204	94	10	(	(	PUNCT
cjal-3204	94	11	2	2	X
cjal-3204	94	12	)	)	PUNCT
cjal-3204	94	13	transfers	transfer	NOUN
cjal-3204	94	14	of	of	ADP
cjal-3204	94	15	mortgages	mortgage	NOUN
cjal-3204	94	16	and	and	CCONJ
cjal-3204	94	17	associated	associate	VERB
cjal-3204	94	18	debt	debt	NOUN
cjal-3204	94	19	instruments	instrument	NOUN
cjal-3204	94	20	(	(	PUNCT
cjal-3204	94	21	typically	typically	ADV
cjal-3204	94	22	promissory	promissory	ADJ
cjal-3204	94	23	notes	note	NOUN
cjal-3204	94	24	in	in	ADP
cjal-3204	94	25	the	the	DET
cjal-3204	94	26	united	united	PROPN
cjal-3204	94	27	states	states	PROPN
cjal-3204	94	28	)	)	PUNCT
cjal-3204	94	29	;	;	PUNCT
cjal-3204	94	30	and	and	CCONJ
cjal-3204	94	31	(	(	PUNCT
cjal-3204	94	32	3	3	X
cjal-3204	94	33	)	)	PUNCT
cjal-3204	94	34	foreclosure	foreclosure	NOUN
cjal-3204	94	35	of	of	ADP
cjal-3204	94	36	mortgages	mortgage	NOUN
cjal-3204	94	37	.	.	PUNCT
cjal-3204	95	1	ii	ii	PROPN
cjal-3204	95	2	.	.	PUNCT
cjal-3204	96	1	transfers	transfer	NOUN
cjal-3204	96	2	of	of	ADP
cjal-3204	96	3	mortgaged	mortgaged	ADJ
cjal-3204	96	4	real	real	ADJ
cjal-3204	96	5	estate	estate	NOUN
cjal-3204	96	6	when	when	SCONJ
cjal-3204	96	7	real	real	ADJ
cjal-3204	96	8	estate	estate	NOUN
cjal-3204	96	9	that	that	PRON
cjal-3204	96	10	is	be	AUX
cjal-3204	96	11	subject	subject	ADJ
cjal-3204	96	12	to	to	ADP
cjal-3204	96	13	a	a	DET
cjal-3204	96	14	mortgage	mortgage	NOUN
cjal-3204	96	15	is	be	AUX
cjal-3204	96	16	sold	sell	VERB
cjal-3204	96	17	or	or	CCONJ
cjal-3204	96	18	otherwise	otherwise	ADV
cjal-3204	96	19	transferred	transfer	VERB
cjal-3204	96	20	,	,	PUNCT
cjal-3204	96	21	what	what	PRON
cjal-3204	96	22	is	be	AUX
cjal-3204	96	23	the	the	DET
cjal-3204	96	24	mortgage	mortgage	NOUN
cjal-3204	96	25	's	's	PART
cjal-3204	96	26	effect	effect	NOUN
cjal-3204	96	27	on	on	ADP
cjal-3204	96	28	the	the	DET
cjal-3204	96	29	transfer	transfer	NOUN
cjal-3204	96	30	?	?	PUNCT
cjal-3204	97	1	under	under	ADP
cjal-3204	97	2	american	american	ADJ
cjal-3204	97	3	law	law	NOUN
cjal-3204	97	4	,	,	PUNCT
cjal-3204	97	5	there	there	PRON
cjal-3204	97	6	are	be	VERB
cjal-3204	97	7	three	three	NUM
cjal-3204	97	8	possibilities	possibility	NOUN
cjal-3204	97	9	.	.	PUNCT
cjal-3204	98	1	14	14	NUM
cjal-3204	98	2	the	the	DET
cjal-3204	98	3	first	first	ADJ
cjal-3204	98	4	(	(	PUNCT
cjal-3204	98	5	and	and	CCONJ
cjal-3204	98	6	doubtless	doubtless	VERB
cjal-3204	98	7	most	most	ADV
cjal-3204	98	8	frequent	frequent	ADJ
cjal-3204	98	9	in	in	ADP
cjal-3204	98	10	practice	practice	NOUN
cjal-3204	98	11	)	)	PUNCT
cjal-3204	98	12	is	be	AUX
cjal-3204	98	13	that	that	SCONJ
cjal-3204	98	14	the	the	DET
cjal-3204	98	15	mortgage	mortgage	NOUN
cjal-3204	98	16	debt	debt	NOUN
cjal-3204	98	17	will	will	AUX
cjal-3204	98	18	be	be	AUX
cjal-3204	98	19	paid	pay	VERB
cjal-3204	98	20	in	in	ADP
cjal-3204	98	21	full	full	ADJ
cjal-3204	98	22	.	.	PUNCT
cjal-3204	99	1	the	the	DET
cjal-3204	99	2	source	source	NOUN
cjal-3204	99	3	of	of	ADP
cjal-3204	99	4	the	the	DET
cjal-3204	99	5	funds	fund	NOUN
cjal-3204	99	6	for	for	ADP
cjal-3204	99	7	payment	payment	NOUN
cjal-3204	99	8	is	be	AUX
cjal-3204	99	9	usually	usually	ADV
cjal-3204	99	10	the	the	DET
cjal-3204	99	11	sale	sale	NOUN
cjal-3204	99	12	price	price	NOUN
cjal-3204	99	13	,	,	PUNCT
cjal-3204	99	14	and	and	CCONJ
cjal-3204	99	15	the	the	DET
cjal-3204	99	16	payment	payment	NOUN
cjal-3204	99	17	itself	itself	PRON
cjal-3204	99	18	is	be	AUX
cjal-3204	99	19	usually	usually	ADV
cjal-3204	99	20	made	make	VERB
cjal-3204	99	21	directly	directly	ADV
cjal-3204	99	22	by	by	ADP
cjal-3204	99	23	the	the	DET
cjal-3204	99	24	escrow	escrow	ADJ
cjal-3204	99	25	company	company	NOUN
cjal-3204	99	26	,	,	PUNCT
cjal-3204	99	27	attorney	attorney	NOUN
cjal-3204	99	28	,	,	PUNCT
cjal-3204	99	29	or	or	CCONJ
cjal-3204	99	30	other	other	ADJ
cjal-3204	99	31	"	"	PUNCT
cjal-3204	99	32	closing	close	VERB
cjal-3204	99	33	agent	agent	NOUN
cjal-3204	99	34	"	"	PUNCT
cjal-3204	99	35	who	who	PRON
cjal-3204	99	36	handles	handle	VERB
cjal-3204	99	37	the	the	DET
cjal-3204	99	38	mechanics	mechanic	NOUN
cjal-3204	99	39	of	of	ADP
cjal-3204	99	40	the	the	DET
cjal-3204	99	41	sale	sale	NOUN
cjal-3204	99	42	transaction	transaction	NOUN
cjal-3204	99	43	.	.	PUNCT
cjal-3204	100	1	the	the	DET
cjal-3204	100	2	closing	close	VERB
cjal-3204	100	3	agent	agent	NOUN
cjal-3204	100	4	is	be	AUX
cjal-3204	100	5	thus	thus	ADV
cjal-3204	100	6	able	able	ADJ
cjal-3204	100	7	to	to	PART
cjal-3204	100	8	obtain	obtain	VERB
cjal-3204	100	9	from	from	ADP
cjal-3204	100	10	the	the	DET
cjal-3204	100	11	mortgage	mortgage	NOUN
cjal-3204	100	12	lender	lender	NOUN
cjal-3204	100	13	a	a	DET
cjal-3204	100	14	document	document	NOUN
cjal-3204	100	15	(	(	PUNCT
cjal-3204	100	16	usually	usually	ADV
cjal-3204	100	17	termed	term	VERB
cjal-3204	100	18	a	a	DET
cjal-3204	100	19	"	"	PUNCT
cjal-3204	100	20	release	release	NOUN
cjal-3204	100	21	,	,	PUNCT
cjal-3204	100	22	"	"	PUNCT
cjal-3204	100	23	a	a	DET
cjal-3204	100	24	"	"	PUNCT
cjal-3204	100	25	satisfaction	satisfaction	NOUN
cjal-3204	100	26	,	,	PUNCT
cjal-3204	100	27	"	"	PUNCT
cjal-3204	100	28	or	or	CCONJ
cjal-3204	100	29	a	a	DET
cjal-3204	100	30	"	"	PUNCT
cjal-3204	100	31	reconveyance	reconveyance	NOUN
cjal-3204	100	32	"	"	PUNCT
cjal-3204	100	33	of	of	ADP
cjal-3204	100	34	the	the	DET
cjal-3204	100	35	mortgage	mortgage	NOUN
cjal-3204	100	36	)	)	PUNCT
cjal-3204	100	37	that	that	PRON
cjal-3204	100	38	will	will	AUX
cjal-3204	100	39	be	be	AUX
cjal-3204	100	40	recorded	record	VERB
cjal-3204	100	41	in	in	ADP
cjal-3204	100	42	the	the	DET
cjal-3204	100	43	public	public	ADJ
cjal-3204	100	44	records	record	NOUN
cjal-3204	100	45	,	,	PUNCT
cjal-3204	100	46	evidencing	evidence	VERB
cjal-3204	100	47	that	that	SCONJ
cjal-3204	100	48	the	the	DET
cjal-3204	100	49	mortgage	mortgage	NOUN
cjal-3204	100	50	no	no	ADV
cjal-3204	100	51	longer	long	ADV
cjal-3204	100	52	affects	affect	VERB
cjal-3204	100	53	title	title	NOUN
cjal-3204	100	54	to	to	ADP
cjal-3204	100	55	the	the	DET
cjal-3204	100	56	land	land	NOUN
cjal-3204	100	57	.	.	PUNCT
cjal-3204	101	1	this	this	PRON
cjal-3204	101	2	,	,	PUNCT
cjal-3204	101	3	in	in	ADP
cjal-3204	101	4	turn	turn	NOUN
cjal-3204	101	5	,	,	PUNCT
cjal-3204	101	6	permits	permit	VERB
cjal-3204	101	7	the	the	DET
cjal-3204	101	8	closing	close	VERB
cjal-3204	101	9	agent	agent	NOUN
cjal-3204	101	10	to	to	PART
cjal-3204	101	11	authorize	authorize	VERB
cjal-3204	101	12	the	the	DET
cjal-3204	101	13	issuance	issuance	NOUN
cjal-3204	101	14	of	of	ADP
cjal-3204	101	15	a	a	DET
cjal-3204	101	16	title	title	NOUN
cjal-3204	101	17	insurance	insurance	NOUN
cjal-3204	101	18	policy	policy	NOUN
cjal-3204	101	19	,	,	PUNCT
cjal-3204	101	20	an	an	DET
cjal-3204	101	21	attorney	attorney	NOUN
cjal-3204	101	22	's	's	PART
cjal-3204	101	23	opinion	opinion	NOUN
cjal-3204	101	24	of	of	ADP
cjal-3204	101	25	title	title	NOUN
cjal-3204	101	26	,	,	PUNCT
cjal-3204	101	27	or	or	CCONJ
cjal-3204	101	28	other	other	ADJ
cjal-3204	101	29	title	title	NOUN
cjal-3204	101	30	evidence	evidence	NOUN
cjal-3204	101	31	showing	show	VERB
cjal-3204	101	32	that	that	SCONJ
cjal-3204	101	33	the	the	DET
cjal-3204	101	34	land	land	NOUN
cjal-3204	101	35	is	be	AUX
cjal-3204	101	36	passing	pass	VERB
cjal-3204	101	37	to	to	ADP
cjal-3204	101	38	the	the	DET
cjal-3204	101	39	purchaser	purchaser	NOUN
cjal-3204	101	40	free	free	ADJ
cjal-3204	101	41	of	of	ADP
cjal-3204	101	42	encumbrance	encumbrance	NOUN
cjal-3204	101	43	by	by	ADP
cjal-3204	101	44	the	the	DET
cjal-3204	101	45	mortgage	mortgage	NOUN
cjal-3204	101	46	.	.	PUNCT
cjal-3204	102	1	from	from	ADP
cjal-3204	102	2	the	the	DET
cjal-3204	102	3	mortgage	mortgage	NOUN
cjal-3204	102	4	lender	lender	NOUN
cjal-3204	102	5	's	's	PART
cjal-3204	102	6	viewpoint	viewpoint	NOUN
cjal-3204	102	7	,	,	PUNCT
cjal-3204	102	8	this	this	DET
cjal-3204	102	9	form	form	NOUN
cjal-3204	102	10	of	of	ADP
cjal-3204	102	11	transfer	transfer	NOUN
cjal-3204	102	12	brings	bring	VERB
cjal-3204	102	13	the	the	DET
cjal-3204	102	14	mortgage	mortgage	NOUN
cjal-3204	102	15	relationship	relationship	NOUN
cjal-3204	102	16	to	to	ADP
cjal-3204	102	17	an	an	DET
cjal-3204	102	18	end	end	NOUN
cjal-3204	102	19	.	.	PUNCT
cjal-3204	103	1	the	the	DET
cjal-3204	103	2	lender	lender	NOUN
cjal-3204	103	3	's	's	PART
cjal-3204	103	4	consent	consent	NOUN
cjal-3204	103	5	to	to	ADP
cjal-3204	103	6	the	the	DET
cjal-3204	103	7	transfer	transfer	NOUN
cjal-3204	103	8	is	be	AUX
cjal-3204	103	9	usually	usually	ADV
cjal-3204	103	10	unnecessary	unnecessary	ADJ
cjal-3204	103	11	and	and	CCONJ
cjal-3204	103	12	will	will	AUX
cjal-3204	103	13	not	not	PART
cjal-3204	103	14	be	be	AUX
cjal-3204	103	15	sought	seek	VERB
cjal-3204	103	16	.	.	PUNCT
cjal-3204	104	1	the	the	DET
cjal-3204	104	2	person	person	NOUN
cjal-3204	104	3	who	who	PRON
cjal-3204	104	4	is	be	AUX
cjal-3204	104	5	acquiring	acquire	VERB
cjal-3204	104	6	the	the	DET
cjal-3204	104	7	real	real	ADJ
cjal-3204	104	8	estate	estate	NOUN
cjal-3204	104	9	may	may	AUX
cjal-3204	104	10	pay	pay	VERB
cjal-3204	104	11	cash	cash	NOUN
cjal-3204	104	12	for	for	ADP
cjal-3204	104	13	it	it	PRON
cjal-3204	104	14	.	.	PUNCT
cjal-3204	105	1	if	if	SCONJ
cjal-3204	105	2	that	that	DET
cjal-3204	105	3	person	person	NOUN
cjal-3204	105	4	needs	need	VERB
cjal-3204	105	5	financing	financing	NOUN
cjal-3204	105	6	to	to	PART
cjal-3204	105	7	complete	complete	VERB
cjal-3204	105	8	the	the	DET
cjal-3204	105	9	purchase	purchase	NOUN
cjal-3204	105	10	,	,	PUNCT
cjal-3204	105	11	she	she	PRON
cjal-3204	105	12	or	or	CCONJ
cjal-3204	105	13	he	he	PRON
cjal-3204	105	14	may	may	AUX
cjal-3204	105	15	obtain	obtain	VERB
cjal-3204	105	16	a	a	DET
cjal-3204	105	17	new	new	ADJ
cjal-3204	105	18	mortgage	mortgage	NOUN
cjal-3204	105	19	loan	loan	NOUN
cjal-3204	105	20	from	from	ADP
cjal-3204	105	21	the	the	DET
cjal-3204	105	22	same	same	ADJ
cjal-3204	105	23	or	or	CCONJ
cjal-3204	105	24	a	a	DET
cjal-3204	105	25	different	different	ADJ
cjal-3204	105	26	lender	lender	NOUN
cjal-3204	105	27	.	.	PUNCT
cjal-3204	106	1	in	in	ADP
cjal-3204	106	2	all	all	DET
cjal-3204	106	3	events	event	NOUN
cjal-3204	106	4	,	,	PUNCT
cjal-3204	106	5	the	the	DET
cjal-3204	106	6	old	old	ADJ
cjal-3204	106	7	lender	lender	NOUN
cjal-3204	106	8	has	have	VERB
cjal-3204	106	9	no	no	DET
cjal-3204	106	10	interest	interest	NOUN
cjal-3204	106	11	in	in	ADP
cjal-3204	106	12	the	the	DET
cjal-3204	106	13	identity	identity	NOUN
cjal-3204	106	14	or	or	CCONJ
cjal-3204	106	15	qualifications	qualification	NOUN
cjal-3204	106	16	of	of	ADP
cjal-3204	106	17	the	the	DET
cjal-3204	106	18	transferee	transferee	NOUN
cjal-3204	106	19	as	as	ADP
cjal-3204	106	20	such	such	ADJ
cjal-3204	106	21	.	.	PUNCT
cjal-3204	107	1	the	the	DET
cjal-3204	107	2	capital	capital	NOUN
cjal-3204	107	3	that	that	PRON
cjal-3204	107	4	was	be	AUX
cjal-3204	107	5	originally	originally	ADV
cjal-3204	107	6	lent	lend	VERB
cjal-3204	107	7	is	be	AUX
cjal-3204	107	8	now	now	ADV
cjal-3204	107	9	returned	return	VERB
cjal-3204	107	10	to	to	ADP
cjal-3204	107	11	the	the	DET
cjal-3204	107	12	lender	lender	NOUN
cjal-3204	107	13	,	,	PUNCT
cjal-3204	107	14	which	which	PRON
cjal-3204	107	15	may	may	AUX
cjal-3204	107	16	use	use	VERB
cjal-3204	107	17	the	the	DET
cjal-3204	107	18	funds	fund	NOUN
cjal-3204	107	19	for	for	ADP
cjal-3204	107	20	other	other	ADJ
cjal-3204	107	21	loans	loan	NOUN
cjal-3204	107	22	.	.	PUNCT
cjal-3204	108	1	since	since	SCONJ
cjal-3204	108	2	the	the	DET
cjal-3204	108	3	mortgage	mortgage	NOUN
cjal-3204	108	4	loan	loan	NOUN
cjal-3204	108	5	is	be	AUX
cjal-3204	108	6	likely	likely	ADJ
cjal-3204	108	7	to	to	PART
cjal-3204	108	8	be	be	AUX
cjal-3204	108	9	for	for	ADP
cjal-3204	108	10	a	a	DET
cjal-3204	108	11	long	long	ADJ
cjal-3204	108	12	term	term	NOUN
cjal-3204	108	13	,	,	PUNCT
cjal-3204	108	14	and	and	CCONJ
cjal-3204	108	15	the	the	DET
cjal-3204	108	16	sale	sale	NOUN
cjal-3204	108	17	of	of	ADP
cjal-3204	108	18	the	the	DET
cjal-3204	108	19	property	property	NOUN
cjal-3204	108	20	is	be	AUX
cjal-3204	108	21	likely	likely	ADJ
cjal-3204	108	22	to	to	PART
cjal-3204	108	23	precede	precede	VERB
cjal-3204	108	24	the	the	DET
cjal-3204	108	25	end	end	NOUN
cjal-3204	108	26	of	of	ADP
cjal-3204	108	27	that	that	DET
cjal-3204	108	28	term	term	NOUN
cjal-3204	108	29	,	,	PUNCT
cjal-3204	108	30	the	the	DET
cjal-3204	108	31	transfer	transfer	NOUN
cjal-3204	108	32	of	of	ADP
cjal-3204	108	33	the	the	DET
cjal-3204	108	34	real	real	ADJ
cjal-3204	108	35	estate	estate	NOUN
cjal-3204	108	36	usually	usually	ADV
cjal-3204	108	37	results	result	VERB
cjal-3204	108	38	in	in	ADP
cjal-3204	108	39	a	a	DET
cjal-3204	108	40	prepayment	prepayment	NOUN
cjal-3204	108	41	of	of	ADP
cjal-3204	108	42	the	the	DET
cjal-3204	108	43	mortgage	mortgage	NOUN
cjal-3204	108	44	debt	debt	NOUN
cjal-3204	108	45	that	that	PRON
cjal-3204	108	46	is	be	AUX
cjal-3204	108	47	,	,	PUNCT
cjal-3204	108	48	a	a	DET
cjal-3204	108	49	payment	payment	NOUN
cjal-3204	108	50	prior	prior	ADV
cjal-3204	108	51	to	to	ADP
cjal-3204	108	52	the	the	DET
cjal-3204	108	53	debt	debt	NOUN
cjal-3204	108	54	's	's	PART
cjal-3204	108	55	scheduled	schedule	VERB
cjal-3204	108	56	maturity	maturity	NOUN
cjal-3204	108	57	.	.	PUNCT
cjal-3204	109	1	depending	depend	VERB
cjal-3204	109	2	on	on	ADP
cjal-3204	109	3	the	the	DET
cjal-3204	109	4	terms	term	NOUN
cjal-3204	109	5	of	of	ADP
cjal-3204	109	6	the	the	DET
cjal-3204	109	7	original	original	ADJ
cjal-3204	109	8	mortgage	mortgage	NOUN
cjal-3204	109	9	,	,	PUNCT
cjal-3204	109	10	this	this	DET
cjal-3204	109	11	may	may	AUX
cjal-3204	109	12	or	or	CCONJ
cjal-3204	109	13	may	may	AUX
cjal-3204	109	14	not	not	PART
cjal-3204	109	15	actuate	actuate	VERB
cjal-3204	109	16	the	the	DET
cjal-3204	109	17	obligation	obligation	NOUN
cjal-3204	109	18	by	by	ADP
cjal-3204	109	19	the	the	DET
cjal-3204	109	20	borrower	borrower	NOUN
cjal-3204	109	21	to	to	PART
cjal-3204	109	22	pay	pay	VERB
cjal-3204	109	23	a	a	DET
cjal-3204	109	24	"	"	PUNCT
cjal-3204	109	25	prepayment	prepayment	NOUN
cjal-3204	109	26	fee	fee	NOUN
cjal-3204	109	27	"	"	PUNCT
cjal-3204	109	28	to	to	ADP
cjal-3204	109	29	the	the	DET
cjal-3204	109	30	lender	lender	NOUN
cjal-3204	109	31	.	.	PUNCT
cjal-3204	110	1	15	15	NUM
cjal-3204	110	2	in	in	ADP
cjal-3204	110	3	one	one	NUM
cjal-3204	110	4	circumstance	circumstance	NOUN
cjal-3204	110	5	it	it	PRON
cjal-3204	110	6	may	may	AUX
cjal-3204	110	7	be	be	AUX
cjal-3204	110	8	impossible	impossible	ADJ
cjal-3204	110	9	to	to	PART
cjal-3204	110	10	complete	complete	VERB
cjal-3204	110	11	the	the	DET
cjal-3204	110	12	sale	sale	NOUN
cjal-3204	110	13	of	of	ADP
cjal-3204	110	14	the	the	DET
cjal-3204	110	15	real	real	ADJ
cjal-3204	110	16	14	14	NUM
cjal-3204	110	17	.	.	PUNCT
cjal-3204	111	1	see	see	VERB
cjal-3204	111	2	nelson	nelson	PROPN
cjal-3204	111	3	&	&	CCONJ
cjal-3204	111	4	whitman	whitman	PROPN
cjal-3204	111	5	,	,	PUNCT
cjal-3204	111	6	supra	supra	PROPN
cjal-3204	111	7	note	note	PROPN
cjal-3204	111	8	1	1	NUM
cjal-3204	111	9	,	,	PUNCT
cjal-3204	111	10	at	at	ADP
cjal-3204	111	11	§	§	PROPN
cjal-3204	111	12	5.2	5.2	NUM
cjal-3204	111	13	.	.	PUNCT
cjal-3204	112	1	other	other	ADJ
cjal-3204	112	2	classic	classic	ADJ
cjal-3204	112	3	discussions	discussion	NOUN
cjal-3204	112	4	are	be	AUX
cjal-3204	112	5	storke	storke	NOUN
cjal-3204	112	6	and	and	CCONJ
cjal-3204	112	7	sears	sear	NOUN
cjal-3204	112	8	,	,	PUNCT
cjal-3204	112	9	transfer	transfer	NOUN
cjal-3204	112	10	of	of	ADP
cjal-3204	112	11	mortgaged	mortgaged	ADJ
cjal-3204	112	12	property	property	NOUN
cjal-3204	112	13	,	,	PUNCT
cjal-3204	112	14	38	38	NUM
cjal-3204	112	15	corn	corn	NOUN
cjal-3204	112	16	.	.	PUNCT
cjal-3204	113	1	l.	l.	PROPN
cjal-3204	113	2	q.	q.	PROPN
cjal-3204	113	3	185	185	NUM
cjal-3204	113	4	,	,	PUNCT
cjal-3204	113	5	187	187	NUM
cjal-3204	113	6	(	(	PUNCT
cjal-3204	113	7	1953	1953	NUM
cjal-3204	113	8	)	)	PUNCT
cjal-3204	113	9	;	;	PUNCT
cjal-3204	113	10	cunningham	cunningham	PROPN
cjal-3204	113	11	and	and	CCONJ
cjal-3204	113	12	tischler	tischler	NOUN
cjal-3204	113	13	,	,	PUNCT
cjal-3204	113	14	transfer	transfer	NOUN
cjal-3204	113	15	of	of	ADP
cjal-3204	113	16	the	the	DET
cjal-3204	113	17	real	real	ADJ
cjal-3204	113	18	estate	estate	NOUN
cjal-3204	113	19	mortgagor	mortgagor	NOUN
cjal-3204	113	20	's	's	PART
cjal-3204	113	21	interest	interest	NOUN
cjal-3204	113	22	,	,	PUNCT
cjal-3204	113	23	27	27	NUM
cjal-3204	113	24	rutgers	rutgers	PROPN
cjal-3204	113	25	l.	l.	PROPN
cjal-3204	113	26	rev	rev	PROPN
cjal-3204	113	27	.	.	PROPN
cjal-3204	113	28	24	24	NUM
cjal-3204	113	29	(	(	PUNCT
cjal-3204	113	30	1973	1973	NUM
cjal-3204	113	31	)	)	PUNCT
cjal-3204	113	32	.	.	PUNCT
cjal-3204	114	1	15	15	X
cjal-3204	114	2	.	.	PUNCT
cjal-3204	115	1	if	if	SCONJ
cjal-3204	115	2	the	the	DET
cjal-3204	115	3	loan	loan	NOUN
cjal-3204	115	4	documents	document	NOUN
cjal-3204	115	5	contain	contain	VERB
cjal-3204	115	6	a	a	DET
cjal-3204	115	7	provision	provision	NOUN
cjal-3204	115	8	requiring	require	VERB
cjal-3204	115	9	a	a	DET
cjal-3204	115	10	prepayment	prepayment	NOUN
cjal-3204	115	11	fee	fee	NOUN
cjal-3204	115	12	,	,	PUNCT
cjal-3204	115	13	such	such	DET
cjal-3204	115	14	a	a	DET
cjal-3204	115	15	fee	fee	NOUN
cjal-3204	115	16	is	be	AUX
cjal-3204	115	17	generally	generally	ADV
cjal-3204	115	18	enforceable	enforceable	ADJ
cjal-3204	115	19	.	.	PUNCT
cjal-3204	116	1	see	see	VERB
cjal-3204	116	2	generally	generally	ADV
cjal-3204	116	3	dale	dale	PROPN
cjal-3204	116	4	a.	a.	PROPN
cjal-3204	116	5	whitman	whitman	PROPN
cjal-3204	116	6	,	,	PUNCT
cjal-3204	116	7	mortgage	mortgage	NOUN
cjal-3204	116	8	prepayment	prepayment	NOUN
cjal-3204	116	9	clauses	clause	NOUN
cjal-3204	116	10	:	:	PUNCT
cjal-3204	116	11	an	an	DET
cjal-3204	116	12	economic	economic	ADJ
cjal-3204	116	13	and	and	CCONJ
cjal-3204	116	14	legal	legal	ADJ
cjal-3204	116	15	analysis	analysis	NOUN
cjal-3204	116	16	,	,	PUNCT
cjal-3204	116	17	40	40	NUM
cjal-3204	116	18	u.c.l.a	u.c.l.a	PROPN
cjal-3204	116	19	.	.	PUNCT
cjal-3204	116	20	l.	l.	PROPN
cjal-3204	116	21	rev	rev	PROPN
cjal-3204	116	22	.	.	PROPN
cjal-3204	116	23	851	851	NUM
cjal-3204	116	24	(	(	PUNCT
cjal-3204	116	25	1993	1993	NUM
cjal-3204	116	26	)	)	PUNCT
cjal-3204	116	27	.	.	PUNCT
cjal-3204	117	1	[	[	X
cjal-3204	117	2	15:1	15:1	NUM
cjal-3204	117	3	chlnese	chlnese	ADJ
cjal-3204	117	4	mortgage	mortgage	NOUN
cjal-3204	117	5	laf	laf	PROPN
cjal-3204	117	6	estate	estate	NOUN
cjal-3204	117	7	as	as	SCONJ
cjal-3204	117	8	outlined	outline	VERB
cjal-3204	117	9	above	above	ADV
cjal-3204	117	10	.	.	PUNCT
cjal-3204	118	1	that	that	PRON
cjal-3204	118	2	is	be	AUX
cjal-3204	118	3	the	the	DET
cjal-3204	118	4	situation	situation	NOUN
cjal-3204	118	5	in	in	ADP
cjal-3204	118	6	which	which	PRON
cjal-3204	118	7	the	the	DET
cjal-3204	118	8	existing	exist	VERB
cjal-3204	118	9	mortgage	mortgage	NOUN
cjal-3204	118	10	loan	loan	NOUN
cjal-3204	118	11	's	's	PART
cjal-3204	118	12	documents	document	NOUN
cjal-3204	118	13	provide	provide	VERB
cjal-3204	118	14	that	that	SCONJ
cjal-3204	118	15	it	it	PRON
cjal-3204	118	16	can	can	AUX
cjal-3204	118	17	not	not	PART
cjal-3204	118	18	be	be	AUX
cjal-3204	118	19	prepaid	prepay	VERB
cjal-3204	118	20	.	.	PUNCT
cjal-3204	119	1	such	such	DET
cjal-3204	119	2	a	a	DET
cjal-3204	119	3	loan	loan	NOUN
cjal-3204	119	4	is	be	AUX
cjal-3204	119	5	sometimes	sometimes	ADV
cjal-3204	119	6	referred	refer	VERB
cjal-3204	119	7	to	to	ADP
cjal-3204	119	8	as	as	ADP
cjal-3204	119	9	being	be	AUX
cjal-3204	119	10	"	"	PUNCT
cjal-3204	119	11	locked	lock	VERB
cjal-3204	119	12	in	in	ADP
cjal-3204	119	13	.	.	PUNCT
cjal-3204	119	14	"	"	PUNCT
cjal-3204	120	1	american	american	ADJ
cjal-3204	120	2	courts	court	NOUN
cjal-3204	120	3	routinely	routinely	ADV
cjal-3204	120	4	enforce	enforce	VERB
cjal-3204	120	5	this	this	DET
cjal-3204	120	6	sort	sort	NOUN
cjal-3204	120	7	of	of	ADP
cjal-3204	120	8	"	"	PUNCT
cjal-3204	120	9	lock	lock	NOUN
cjal-3204	120	10	-	-	PUNCT
cjal-3204	120	11	in	in	ADP
cjal-3204	120	12	"	"	PUNCT
cjal-3204	120	13	clause	clause	NOUN
cjal-3204	120	14	if	if	SCONJ
cjal-3204	120	15	the	the	DET
cjal-3204	120	16	lender	lender	NOUN
cjal-3204	120	17	refuses	refuse	VERB
cjal-3204	120	18	to	to	PART
cjal-3204	120	19	accept	accept	VERB
cjal-3204	120	20	the	the	DET
cjal-3204	120	21	payoff	payoff	NOUN
cjal-3204	120	22	.	.	PUNCT
cjal-3204	121	1	16	16	NUM
cjal-3204	121	2	a	a	DET
cjal-3204	121	3	second	second	ADJ
cjal-3204	121	4	mode	mode	NOUN
cjal-3204	121	5	by	by	ADP
cjal-3204	121	6	which	which	PRON
cjal-3204	121	7	mortgaged	mortgage	VERB
cjal-3204	121	8	real	real	ADJ
cjal-3204	121	9	estate	estate	NOUN
cjal-3204	121	10	may	may	AUX
cjal-3204	121	11	be	be	AUX
cjal-3204	121	12	transferred	transfer	VERB
cjal-3204	121	13	involves	involve	VERB
cjal-3204	121	14	an	an	DET
cjal-3204	121	15	agreement	agreement	NOUN
cjal-3204	121	16	by	by	ADP
cjal-3204	121	17	the	the	DET
cjal-3204	121	18	buyer	buyer	NOUN
cjal-3204	121	19	and	and	CCONJ
cjal-3204	121	20	seller	seller	NOUN
cjal-3204	121	21	that	that	PRON
cjal-3204	121	22	the	the	DET
cjal-3204	121	23	mortgage	mortgage	NOUN
cjal-3204	121	24	loan	loan	NOUN
cjal-3204	121	25	will	will	AUX
cjal-3204	121	26	not	not	PART
cjal-3204	121	27	be	be	AUX
cjal-3204	121	28	paid	pay	VERB
cjal-3204	121	29	off	off	ADP
cjal-3204	121	30	,	,	PUNCT
cjal-3204	121	31	but	but	CCONJ
cjal-3204	121	32	will	will	AUX
cjal-3204	121	33	be	be	AUX
cjal-3204	121	34	left	leave	VERB
cjal-3204	121	35	in	in	ADP
cjal-3204	121	36	place	place	NOUN
cjal-3204	121	37	and	and	CCONJ
cjal-3204	121	38	will	will	AUX
cjal-3204	121	39	continue	continue	VERB
cjal-3204	121	40	to	to	PART
cjal-3204	121	41	encumber	encumber	VERB
cjal-3204	121	42	the	the	DET
cjal-3204	121	43	real	real	ADJ
cjal-3204	121	44	estate	estate	NOUN
cjal-3204	121	45	.	.	PUNCT
cjal-3204	122	1	the	the	DET
cjal-3204	122	2	buyer	buyer	NOUN
cjal-3204	122	3	will	will	AUX
cjal-3204	122	4	take	take	VERB
cjal-3204	122	5	over	over	ADP
cjal-3204	122	6	payment	payment	NOUN
cjal-3204	122	7	of	of	ADP
cjal-3204	122	8	the	the	DET
cjal-3204	122	9	(	(	PUNCT
cjal-3204	122	10	usually	usually	ADV
cjal-3204	122	11	monthly	monthly	ADJ
cjal-3204	122	12	)	)	PUNCT
cjal-3204	122	13	installments	installment	NOUN
cjal-3204	122	14	owing	owe	VERB
cjal-3204	122	15	on	on	ADP
cjal-3204	122	16	the	the	DET
cjal-3204	122	17	debt	debt	NOUN
cjal-3204	122	18	,	,	PUNCT
cjal-3204	122	19	and	and	CCONJ
cjal-3204	122	20	will	will	AUX
cjal-3204	122	21	eventually	eventually	ADV
cjal-3204	122	22	pay	pay	VERB
cjal-3204	122	23	it	it	PRON
cjal-3204	122	24	off	off	ADP
cjal-3204	122	25	in	in	ADP
cjal-3204	122	26	full	full	ADJ
cjal-3204	122	27	in	in	ADP
cjal-3204	122	28	the	the	DET
cjal-3204	122	29	normal	normal	ADJ
cjal-3204	122	30	course	course	NOUN
cjal-3204	122	31	of	of	ADP
cjal-3204	122	32	events	event	NOUN
cjal-3204	122	33	or	or	CCONJ
cjal-3204	122	34	prepay	prepay	VERB
cjal-3204	122	35	it	it	PRON
cjal-3204	122	36	at	at	ADP
cjal-3204	122	37	some	some	DET
cjal-3204	122	38	future	future	ADJ
cjal-3204	122	39	date	date	NOUN
cjal-3204	122	40	.	.	PUNCT
cjal-3204	123	1	in	in	ADP
cjal-3204	123	2	this	this	DET
cjal-3204	123	3	form	form	NOUN
cjal-3204	123	4	of	of	ADP
cjal-3204	123	5	transaction	transaction	NOUN
cjal-3204	123	6	,	,	PUNCT
cjal-3204	123	7	a	a	DET
cjal-3204	123	8	number	number	NOUN
cjal-3204	123	9	of	of	ADP
cjal-3204	123	10	important	important	ADJ
cjal-3204	123	11	questions	question	NOUN
cjal-3204	123	12	arise	arise	VERB
cjal-3204	123	13	.	.	PUNCT
cjal-3204	124	1	first	first	ADV
cjal-3204	124	2	,	,	PUNCT
cjal-3204	124	3	is	be	AUX
cjal-3204	124	4	the	the	DET
cjal-3204	124	5	mortgage	mortgage	NOUN
cjal-3204	124	6	lender	lender	NOUN
cjal-3204	124	7	's	's	PART
cjal-3204	124	8	consent	consent	NOUN
cjal-3204	124	9	necessary	necessary	ADJ
cjal-3204	124	10	in	in	ADP
cjal-3204	124	11	order	order	NOUN
cjal-3204	124	12	to	to	PART
cjal-3204	124	13	complete	complete	VERB
cjal-3204	124	14	the	the	DET
cjal-3204	124	15	sale	sale	NOUN
cjal-3204	124	16	?	?	PUNCT
cjal-3204	125	1	in	in	ADP
cjal-3204	125	2	modem	modem	PROPN
cjal-3204	125	3	american	american	PROPN
cjal-3204	125	4	law	law	PROPN
cjal-3204	125	5	,	,	PUNCT
cjal-3204	125	6	the	the	DET
cjal-3204	125	7	answer	answer	NOUN
cjal-3204	125	8	is	be	AUX
cjal-3204	125	9	nearly	nearly	ADV
cjal-3204	125	10	always	always	ADV
cjal-3204	125	11	yes	yes	INTJ
cjal-3204	125	12	,	,	PUNCT
cjal-3204	125	13	although	although	SCONJ
cjal-3204	125	14	it	it	PRON
cjal-3204	125	15	depends	depend	VERB
cjal-3204	125	16	on	on	ADP
cjal-3204	125	17	the	the	DET
cjal-3204	125	18	provisions	provision	NOUN
cjal-3204	125	19	of	of	ADP
cjal-3204	125	20	the	the	DET
cjal-3204	125	21	mortgage	mortgage	NOUN
cjal-3204	125	22	and	and	CCONJ
cjal-3204	125	23	the	the	DET
cjal-3204	125	24	promissory	promissory	ADJ
cjal-3204	125	25	note	note	NOUN
cjal-3204	125	26	or	or	CCONJ
cjal-3204	125	27	other	other	ADJ
cjal-3204	125	28	obligation	obligation	NOUN
cjal-3204	125	29	that	that	SCONJ
cjal-3204	125	30	the	the	DET
cjal-3204	125	31	mortgage	mortgage	NOUN
cjal-3204	125	32	secures	secure	VERB
cjal-3204	125	33	.	.	PUNCT
cjal-3204	126	1	almost	almost	ADV
cjal-3204	126	2	without	without	ADP
cjal-3204	126	3	exception	exception	NOUN
cjal-3204	126	4	modem	modem	NOUN
cjal-3204	126	5	mortgages	mortgage	NOUN
cjal-3204	126	6	in	in	ADP
cjal-3204	126	7	the	the	DET
cjal-3204	126	8	united	united	PROPN
cjal-3204	126	9	states	states	PROPN
cjal-3204	126	10	contain	contain	VERB
cjal-3204	126	11	"	"	PUNCT
cjal-3204	126	12	due	due	ADJ
cjal-3204	126	13	on	on	ADP
cjal-3204	126	14	sale	sale	NOUN
cjal-3204	126	15	"	"	PUNCT
cjal-3204	126	16	clauses	clause	NOUN
cjal-3204	126	17	.	.	PUNCT
cjal-3204	127	1	such	such	DET
cjal-3204	127	2	a	a	DET
cjal-3204	127	3	clause	clause	NOUN
cjal-3204	127	4	authorizes	authorize	VERB
cjal-3204	127	5	the	the	DET
cjal-3204	127	6	lender	lender	NOUN
cjal-3204	127	7	to	to	PART
cjal-3204	127	8	demand	demand	VERB
cjal-3204	127	9	that	that	SCONJ
cjal-3204	127	10	the	the	DET
cjal-3204	127	11	loan	loan	NOUN
cjal-3204	127	12	be	be	AUX
cjal-3204	127	13	paid	pay	VERB
cjal-3204	127	14	in	in	ADP
cjal-3204	127	15	full	full	ADJ
cjal-3204	127	16	when	when	SCONJ
cjal-3204	127	17	the	the	DET
cjal-3204	127	18	real	real	ADJ
cjal-3204	127	19	estate	estate	NOUN
cjal-3204	127	20	is	be	AUX
cjal-3204	127	21	sold	sell	VERB
cjal-3204	127	22	.	.	PUNCT
cjal-3204	127	23	'7	'7	PUNCT
cjal-3204	127	24	by	by	ADP
cjal-3204	127	25	virtue	virtue	NOUN
cjal-3204	127	26	of	of	ADP
cjal-3204	127	27	a	a	DET
cjal-3204	127	28	federal	federal	ADJ
cjal-3204	127	29	statute	statute	NOUN
cjal-3204	127	30	enacted	enact	VERB
cjal-3204	127	31	in	in	ADP
cjal-3204	127	32	1982	1982	NUM
cjal-3204	127	33	,	,	PUNCT
cjal-3204	127	34	due	due	ADJ
cjal-3204	127	35	-	-	PUNCT
cjal-3204	127	36	on	on	ADP
cjal-3204	127	37	-	-	PUNCT
cjal-3204	127	38	sale	sale	NOUN
cjal-3204	127	39	clauses	clause	NOUN
cjal-3204	127	40	are	be	AUX
cjal-3204	127	41	enforceable	enforceable	ADJ
cjal-3204	127	42	by	by	ADP
cjal-3204	127	43	lenders	lender	NOUN
cjal-3204	127	44	despite	despite	SCONJ
cjal-3204	127	45	the	the	DET
cjal-3204	127	46	existence	existence	NOUN
cjal-3204	127	47	of	of	ADP
cjal-3204	127	48	any	any	DET
cjal-3204	127	49	contrary	contrary	ADJ
cjal-3204	127	50	state	state	NOUN
cjal-3204	127	51	law.18	law.18	PROPN
cjal-3204	127	52	hence	hence	ADV
cjal-3204	127	53	,	,	PUNCT
cjal-3204	127	54	if	if	SCONJ
cjal-3204	127	55	such	such	DET
cjal-3204	127	56	a	a	DET
cjal-3204	127	57	clause	clause	NOUN
cjal-3204	127	58	is	be	AUX
cjal-3204	127	59	present	present	ADJ
cjal-3204	127	60	,	,	PUNCT
cjal-3204	127	61	the	the	DET
cjal-3204	127	62	lender	lender	NOUN
cjal-3204	127	63	has	have	VERB
cjal-3204	127	64	the	the	DET
cjal-3204	127	65	choice	choice	NOUN
cjal-3204	127	66	of	of	ADP
cjal-3204	127	67	whether	whether	SCONJ
cjal-3204	127	68	to	to	PART
cjal-3204	127	69	permit	permit	VERB
cjal-3204	127	70	the	the	DET
cjal-3204	127	71	sale	sale	NOUN
cjal-3204	127	72	to	to	PART
cjal-3204	127	73	go	go	VERB
cjal-3204	127	74	forward	forward	ADV
cjal-3204	127	75	,	,	PUNCT
cjal-3204	127	76	or	or	CCONJ
cjal-3204	127	77	to	to	PART
cjal-3204	127	78	insist	insist	VERB
cjal-3204	127	79	that	that	SCONJ
cjal-3204	127	80	the	the	DET
cjal-3204	127	81	loan	loan	NOUN
cjal-3204	127	82	be	be	AUX
cjal-3204	127	83	paid	pay	VERB
cjal-3204	127	84	off	off	ADP
cjal-3204	127	85	instead	instead	ADV
cjal-3204	127	86	.	.	PUNCT
cjal-3204	128	1	on	on	ADP
cjal-3204	128	2	what	what	DET
cjal-3204	128	3	basis	basis	NOUN
cjal-3204	128	4	does	do	AUX
cjal-3204	128	5	the	the	DET
cjal-3204	128	6	lender	lender	NOUN
cjal-3204	128	7	make	make	VERB
cjal-3204	128	8	this	this	DET
cjal-3204	128	9	choice	choice	NOUN
cjal-3204	128	10	?	?	PUNCT
cjal-3204	129	1	first	first	ADV
cjal-3204	129	2	,	,	PUNCT
cjal-3204	129	3	the	the	DET
cjal-3204	129	4	lender	lender	NOUN
cjal-3204	129	5	will	will	AUX
cjal-3204	129	6	invariably	invariably	ADV
cjal-3204	129	7	examine	examine	VERB
cjal-3204	129	8	the	the	DET
cjal-3204	129	9	proposed	propose	VERB
cjal-3204	129	10	transferee	transferee	NOUN
cjal-3204	129	11	's	's	PART
cjal-3204	129	12	credit	credit	NOUN
cjal-3204	129	13	-	-	PUNCT
cjal-3204	129	14	worthiness	worthiness	NOUN
cjal-3204	129	15	and	and	CCONJ
cjal-3204	129	16	ability	ability	NOUN
cjal-3204	129	17	to	to	PART
cjal-3204	129	18	pay	pay	VERB
cjal-3204	129	19	the	the	DET
cjal-3204	129	20	required	require	VERB
cjal-3204	129	21	installments	installment	NOUN
cjal-3204	129	22	.	.	PUNCT
cjal-3204	130	1	credit	credit	NOUN
cjal-3204	130	2	ratings	rating	NOUN
cjal-3204	130	3	,	,	PUNCT
cjal-3204	130	4	based	base	VERB
cjal-3204	130	5	on	on	ADP
cjal-3204	130	6	the	the	DET
cjal-3204	130	7	individual	individual	ADJ
cjal-3204	130	8	debtor	debtor	NOUN
cjal-3204	130	9	's	's	PART
cjal-3204	130	10	prior	prior	ADJ
cjal-3204	130	11	history	history	NOUN
cjal-3204	130	12	of	of	ADP
cjal-3204	130	13	payment	payment	NOUN
cjal-3204	130	14	of	of	ADP
cjal-3204	130	15	her	she	PRON
cjal-3204	130	16	or	or	CCONJ
cjal-3204	130	17	his	his	PRON
cjal-3204	130	18	obligations	obligation	NOUN
cjal-3204	130	19	,	,	PUNCT
cjal-3204	130	20	are	be	AUX
cjal-3204	130	21	supplied	supply	VERB
cjal-3204	130	22	by	by	ADP
cjal-3204	130	23	a	a	DET
cjal-3204	130	24	number	number	NOUN
cjal-3204	130	25	of	of	ADP
cjal-3204	130	26	national	national	ADJ
cjal-3204	130	27	and	and	CCONJ
cjal-3204	130	28	regional	regional	ADJ
cjal-3204	130	29	credit	credit	NOUN
cjal-3204	130	30	reporting	reporting	NOUN
cjal-3204	130	31	agencies	agency	NOUN
cjal-3204	130	32	in	in	ADP
cjal-3204	130	33	the	the	DET
cjal-3204	130	34	united	united	PROPN
cjal-3204	130	35	states	states	PROPN
cjal-3204	130	36	.	.	PUNCT
cjal-3204	131	1	the	the	DET
cjal-3204	131	2	lender	lender	NOUN
cjal-3204	131	3	will	will	AUX
cjal-3204	131	4	obtain	obtain	VERB
cjal-3204	131	5	and	and	CCONJ
cjal-3204	131	6	review	review	VERB
cjal-3204	131	7	a	a	DET
cjal-3204	131	8	report	report	NOUN
cjal-3204	131	9	from	from	ADP
cjal-3204	131	10	one	one	NUM
cjal-3204	131	11	or	or	CCONJ
cjal-3204	131	12	more	more	ADJ
cjal-3204	131	13	of	of	ADP
cjal-3204	131	14	them	they	PRON
cjal-3204	131	15	,	,	PUNCT
cjal-3204	131	16	and	and	CCONJ
cjal-3204	131	17	may	may	AUX
cjal-3204	131	18	reject	reject	VERB
cjal-3204	131	19	the	the	DET
cjal-3204	131	20	proposed	propose	VERB
cjal-3204	131	21	transferee	transferee	NOUN
cjal-3204	131	22	if	if	SCONJ
cjal-3204	131	23	her	she	PRON
cjal-3204	131	24	or	or	CCONJ
cjal-3204	131	25	his	his	PRON
cjal-3204	131	26	16	16	NUM
cjal-3204	131	27	.	.	PUNCT
cjal-3204	132	1	i	i	PRON
cjal-3204	132	2	d.	d.	PROPN
cjal-3204	132	3	see	see	VERB
cjal-3204	132	4	prudential	prudential	PROPN
cjal-3204	132	5	insurance	insurance	PROPN
cjal-3204	132	6	co.	co.	PROPN
cjal-3204	132	7	n	n	CCONJ
cjal-3204	132	8	,	,	PUNCT
cjal-3204	132	9	rand	rand	PROPN
cjal-3204	132	10	&	&	CCONJ
cjal-3204	132	11	rec&powers	rec&powers	PROPN
cjal-3204	132	12	parincrship	parincrship	NOUN
cjal-3204	132	13	,	,	PUNCT
cjal-3204	132	14	141	141	NUM
cjal-3204	132	15	f.3d	f.3d	NUM
cjal-3204	132	16	834	834	NUM
cjal-3204	132	17	(	(	PUNCT
cjal-3204	132	18	8th	8th	ADJ
cjal-3204	132	19	cir	cir	NOUN
cjal-3204	132	20	.	.	PUNCT
cjal-3204	132	21	1998	1998	NUM
cjal-3204	132	22	)	)	PUNCT
cjal-3204	132	23	;	;	PUNCT
cjal-3204	133	1	trident	trident	NOUN
cjal-3204	133	2	center	center	PROPN
cjal-3204	133	3	v.	v.	PROPN
cjal-3204	133	4	connecticut	connecticut	PROPN
cjal-3204	133	5	gen	gen	PROPN
cjal-3204	133	6	.	.	PROPN
cjal-3204	133	7	life	life	PROPN
cjal-3204	133	8	ins	ins	PROPN
cjal-3204	133	9	.	.	PUNCT
cjal-3204	133	10	co.	co.	PROPN
cjal-3204	133	11	,	,	PUNCT
cjal-3204	133	12	847	847	NUM
cjal-3204	133	13	f.2d	f.2d	NUM
cjal-3204	133	14	564	564	NUM
cjal-3204	133	15	(	(	PUNCT
cjal-3204	133	16	9th	9th	ADJ
cjal-3204	133	17	cir	cir	NOUN
cjal-3204	133	18	.	.	PUNCT
cjal-3204	133	19	1988	1988	NUM
cjal-3204	133	20	)	)	PUNCT
cjal-3204	133	21	;	;	PUNCT
cjal-3204	133	22	riveredge	riveredge	NOUN
cjal-3204	133	23	associates	associate	NOUN
cjal-3204	133	24	v.	v.	ADP
cjal-3204	133	25	metropolitan	metropolitan	PROPN
cjal-3204	133	26	life	life	NOUN
cjal-3204	133	27	ins	ins	PROPN
cjal-3204	133	28	.	.	PUNCT
cjal-3204	133	29	co.	co.	PROPN
cjal-3204	133	30	,	,	PUNCT
cjal-3204	133	31	774	774	NUM
cjal-3204	133	32	f.	f.	PROPN
cjal-3204	133	33	supp	supp	PROPN
cjal-3204	133	34	.	.	PUNCT
cjal-3204	134	1	892	892	NUM
cjal-3204	134	2	(	(	PUNCT
cjal-3204	134	3	d.nj	d.nj	ADJ
cjal-3204	134	4	.	.	PROPN
cjal-3204	134	5	1991	1991	NUM
cjal-3204	134	6	)	)	PUNCT
cjal-3204	135	1	;	;	PUNCT
cjal-3204	135	2	clorer	clorer	X
cjal-3204	135	3	square	square	PROPN
cjal-3204	135	4	assoc	assoc	PROPN
cjal-3204	135	5	v.	v.	ADP
cjal-3204	135	6	nortlnvestern	nortlnvestern	PROPN
cjal-3204	135	7	mut	mut	PROPN
cjal-3204	135	8	.	.	PUNCT
cjal-3204	136	1	life	life	PROPN
cjal-3204	136	2	ins	ins	PROPN
cjal-3204	136	3	.	.	PUNCT
cjal-3204	136	4	co.	co.	PROPN
cjal-3204	136	5	,	,	PUNCT
cjal-3204	136	6	674	674	NUM
cjal-3204	136	7	f.	f.	PROPN
cjal-3204	136	8	supp	supp	PROPN
cjal-3204	136	9	.	.	PUNCT
cjal-3204	137	1	1137	1137	NUM
cjal-3204	137	2	(	(	PUNCT
cjal-3204	137	3	d.nj	d.nj	PROPN
cjal-3204	137	4	.	.	PROPN
cjal-3204	137	5	1987	1987	NUM
cjal-3204	137	6	)	)	PUNCT
cjal-3204	137	7	;	;	PUNCT
cjal-3204	137	8	gui	gui	PROPN
cjal-3204	137	9	associates	associates	PROPN
cjal-3204	137	10	r.	r.	PROPN
cjal-3204	137	11	switzer	switzer	PROPN
cjal-3204	137	12	,	,	PUNCT
cjal-3204	137	13	215	215	NUM
cjal-3204	137	14	cal	cal	NOUN
cjal-3204	137	15	.	.	PUNCT
cjal-3204	138	1	app	app	PROPN
cjal-3204	138	2	.	.	PUNCT
cjal-3204	139	1	3d	3d	NUM
cjal-3204	139	2	1636,264	1636,264	NUM
cjal-3204	139	3	cal	cal	NOUN
cjal-3204	139	4	.	.	PUNCT
cjal-3204	140	1	rptr	rptr	PROPN
cjal-3204	140	2	.	.	PUNCT
cjal-3204	141	1	538	538	NUM
cjal-3204	141	2	(	(	PUNCT
cjal-3204	141	3	1989	1989	NUM
cjal-3204	141	4	)	)	PUNCT
cjal-3204	141	5	;	;	PUNCT
cjal-3204	141	6	nelson	nelson	PROPN
cjal-3204	141	7	&	&	CCONJ
cjal-3204	141	8	whitman	whitman	PROPN
cjal-3204	141	9	,	,	PUNCT
cjal-3204	141	10	supra	supra	PROPN
cjal-3204	141	11	note	note	PROPN
cjal-3204	141	12	1	1	NUM
cjal-3204	141	13	,	,	PUNCT
cjal-3204	141	14	at	at	ADP
cjal-3204	141	15	§	§	PROPN
cjal-3204	141	16	6.2	6.2	NUM
cjal-3204	141	17	.	.	PUNCT
cjal-3204	141	18	17	17	NUM
cjal-3204	141	19	.	.	PUNCT
cjal-3204	142	1	a	a	DET
cjal-3204	142	2	typical	typical	ADJ
cjal-3204	142	3	clause	clause	NOUN
cjal-3204	142	4	reads	read	VERB
cjal-3204	142	5	as	as	SCONJ
cjal-3204	142	6	follows	follow	VERB
cjal-3204	142	7	:	:	PUNCT
cjal-3204	142	8	"	"	PUNCT
cjal-3204	142	9	if	if	SCONJ
cjal-3204	142	10	all	all	PRON
cjal-3204	142	11	or	or	CCONJ
cjal-3204	142	12	any	any	DET
cjal-3204	142	13	part	part	NOUN
cjal-3204	142	14	of	of	ADP
cjal-3204	142	15	the	the	DET
cjal-3204	142	16	property	property	NOUN
cjal-3204	142	17	or	or	CCONJ
cjal-3204	142	18	any	any	DET
cjal-3204	142	19	interest	interest	NOUN
cjal-3204	142	20	in	in	ADP
cjal-3204	142	21	the	the	DET
cjal-3204	142	22	property	property	NOUN
cjal-3204	142	23	is	be	AUX
cjal-3204	142	24	sold	sell	VERB
cjal-3204	142	25	or	or	CCONJ
cjal-3204	142	26	transferred	transfer	VERB
cjal-3204	142	27	*	*	PUNCT
cjal-3204	143	1	*	*	PUNCT
cjal-3204	143	2	*	*	PUNCT
cjal-3204	143	3	without	without	ADP
cjal-3204	143	4	lender	lender	NOUN
cjal-3204	143	5	's	's	PART
cjal-3204	143	6	prior	prior	ADJ
cjal-3204	143	7	written	write	VERB
cjal-3204	143	8	consent	consent	NOUN
cjal-3204	143	9	,	,	PUNCT
cjal-3204	143	10	lender	lender	NOUN
cjal-3204	143	11	may	may	AUX
cjal-3204	143	12	require	require	VERB
cjal-3204	143	13	immediate	immediate	ADJ
cjal-3204	143	14	payment	payment	NOUN
cjal-3204	143	15	in	in	ADP
cjal-3204	143	16	full	full	ADJ
cjal-3204	143	17	of	of	ADP
cjal-3204	143	18	all	all	DET
cjal-3204	143	19	sums	sum	NOUN
cjal-3204	143	20	secured	secure	VERB
cjal-3204	143	21	by	by	ADP
cjal-3204	143	22	this	this	DET
cjal-3204	143	23	security	security	NOUN
cjal-3204	143	24	instrument	instrument	NOUN
cjal-3204	143	25	.	.	PUNCT
cjal-3204	143	26	"	"	PUNCT
cjal-3204	144	1	18	18	NUM
cjal-3204	144	2	.	.	PUNCT
cjal-3204	144	3	gain	gain	NOUN
cjal-3204	144	4	-	-	PUNCT
cjal-3204	144	5	st	st	PROPN
cjal-3204	144	6	.	.	PROPN
cjal-3204	144	7	germain	germain	PROPN
cjal-3204	144	8	depository	depository	NOUN
cjal-3204	144	9	institutions	institution	NOUN
cjal-3204	144	10	act	act	VERB
cjal-3204	144	11	of	of	ADP
cjal-3204	144	12	1982	1982	NUM
cjal-3204	144	13	at	at	ADP
cjal-3204	144	14	§	§	PROPN
cjal-3204	144	15	341	341	NUM
cjal-3204	144	16	,	,	PUNCT
cjal-3204	144	17	12	12	NUM
cjal-3204	144	18	u.s.c.a	u.s.c.a	PROPN
cjal-3204	144	19	.	.	PUNCT
cjal-3204	145	1	§	§	PROPN
cjal-3204	145	2	1701j-3	1701j-3	NUM
cjal-3204	145	3	;	;	PUNCT
cjal-3204	145	4	12	12	NUM
cjal-3204	145	5	c.f.r	c.f.r	NOUN
cjal-3204	145	6	.	.	PUNCT
cjal-3204	146	1	§	§	PROPN
cjal-3204	146	2	591.2	591.2	NUM
cjal-3204	146	3	(	(	PUNCT
cjal-3204	146	4	regulations	regulation	NOUN
cjal-3204	146	5	of	of	ADP
cjal-3204	146	6	office	office	NOUN
cjal-3204	146	7	of	of	ADP
cjal-3204	146	8	thrift	thrift	NOUN
cjal-3204	146	9	supervision	supervision	NOUN
cjal-3204	146	10	)	)	PUNCT
cjal-3204	146	11	.	.	PUNCT
cjal-3204	147	1	see	see	AUX
cjal-3204	147	2	generally	generally	ADV
cjal-3204	147	3	grant	grant	VERB
cjal-3204	147	4	s.	s.	PROPN
cjal-3204	147	5	nelson	nelson	PROPN
cjal-3204	147	6	and	and	CCONJ
cjal-3204	147	7	dale	dale	PROPN
cjal-3204	147	8	a.	a.	PROPN
cjal-3204	147	9	whitman	whitman	PROPN
cjal-3204	147	10	,	,	PUNCT
cjal-3204	147	11	congressional	congressional	ADJ
cjal-3204	147	12	preemption	preemption	NOUN
cjal-3204	147	13	of	of	ADP
cjal-3204	147	14	mortgage	mortgage	NOUN
cjal-3204	147	15	due	due	ADJ
cjal-3204	147	16	-	-	PUNCT
cjal-3204	147	17	on	on	ADP
cjal-3204	147	18	-	-	PUNCT
cjal-3204	147	19	sale	sale	NOUN
cjal-3204	147	20	lmv	lmv	NOUN
cjal-3204	147	21	:	:	PUNCT
cjal-3204	147	22	an	an	DET
cjal-3204	147	23	analsis	analsis	NOUN
cjal-3204	147	24	of	of	ADP
cjal-3204	147	25	the	the	DET
cjal-3204	147	26	garn	garn	NOUN
cjal-3204	147	27	--	--	PUNCT
cjal-3204	147	28	s.	s.	PROPN
cjal-3204	147	29	germain	germain	PROPN
cjal-3204	147	30	act	act	PROPN
cjal-3204	147	31	,	,	PUNCT
cjal-3204	147	32	35	35	NUM
cjal-3204	147	33	iiastigs	iiastig	NOUN
cjal-3204	147	34	.	.	PUNCT
cjal-3204	148	1	l.	l.	PROPN
cjal-3204	148	2	j.	j.	PROPN
cjal-3204	148	3	241	241	PROPN
cjal-3204	148	4	(	(	PUNCT
cjal-3204	148	5	1983	1983	NUM
cjal-3204	148	6	)	)	PUNCT
cjal-3204	148	7	;	;	PUNCT
cjal-3204	148	8	nelson	nelson	PROPN
cjal-3204	148	9	&	&	CCONJ
cjal-3204	148	10	whitman	whitman	PROPN
cjal-3204	148	11	,	,	PUNCT
cjal-3204	148	12	mspra	mspra	ADJ
cjal-3204	148	13	note	note	NOUN
cjal-3204	148	14	1	1	NUM
cjal-3204	148	15	,	,	PUNCT
cjal-3204	148	16	at	at	ADP
cjal-3204	148	17	§	§	PROPN
cjal-3204	148	18	§	§	PROPN
cjal-3204	148	19	5.22	5.22	NUM
cjal-3204	148	20	-	-	SYM
cjal-3204	148	21	5.26	5.26	NUM
cjal-3204	148	22	.	.	PUNCT
cjal-3204	148	23	20011	20011	NUM
cjal-3204	148	24	columbia	columbia	PROPN
cjal-3204	148	25	journal	journal	PROPN
cjal-3204	148	26	of	of	ADP
cjal-3204	148	27	asian	asian	ADJ
cjal-3204	148	28	law	law	NOUN
cjal-3204	148	29	payment	payment	NOUN
cjal-3204	148	30	history	history	NOUN
cjal-3204	148	31	is	be	AUX
cjal-3204	148	32	judged	judge	VERB
cjal-3204	148	33	inadequate	inadequate	ADJ
cjal-3204	148	34	.	.	PUNCT
cjal-3204	149	1	second	second	ADJ
cjal-3204	149	2	,	,	PUNCT
cjal-3204	149	3	the	the	DET
cjal-3204	149	4	lender	lender	NOUN
cjal-3204	149	5	will	will	AUX
cjal-3204	149	6	require	require	VERB
cjal-3204	149	7	submission	submission	NOUN
cjal-3204	149	8	of	of	ADP
cjal-3204	149	9	"	"	PUNCT
cjal-3204	149	10	underwriting	underwriting	NOUN
cjal-3204	149	11	"	"	PUNCT
cjal-3204	149	12	data	datum	NOUN
cjal-3204	149	13	for	for	ADP
cjal-3204	149	14	example	example	NOUN
cjal-3204	149	15	,	,	PUNCT
cjal-3204	149	16	information	information	NOUN
cjal-3204	149	17	about	about	ADP
cjal-3204	149	18	the	the	DET
cjal-3204	149	19	proposed	propose	VERB
cjal-3204	149	20	transferee	transferee	NOUN
cjal-3204	149	21	's	's	PART
cjal-3204	149	22	income	income	NOUN
cjal-3204	149	23	and	and	CCONJ
cjal-3204	149	24	the	the	DET
cjal-3204	149	25	type	type	NOUN
cjal-3204	149	26	and	and	CCONJ
cjal-3204	149	27	duration	duration	NOUN
cjal-3204	149	28	of	of	ADP
cjal-3204	149	29	her	she	PRON
cjal-3204	149	30	or	or	CCONJ
cjal-3204	149	31	his	his	PRON
cjal-3204	149	32	present	present	ADJ
cjal-3204	149	33	employment	employment	NOUN
cjal-3204	149	34	.	.	PUNCT
cjal-3204	150	1	this	this	PRON
cjal-3204	150	2	will	will	AUX
cjal-3204	150	3	allow	allow	VERB
cjal-3204	150	4	the	the	DET
cjal-3204	150	5	lender	lender	NOUN
cjal-3204	150	6	to	to	PART
cjal-3204	150	7	make	make	VERB
cjal-3204	150	8	a	a	DET
cjal-3204	150	9	judgment	judgment	NOUN
cjal-3204	150	10	about	about	ADP
cjal-3204	150	11	whether	whether	SCONJ
cjal-3204	150	12	the	the	DET
cjal-3204	150	13	transferee	transferee	NOUN
cjal-3204	150	14	represents	represent	VERB
cjal-3204	150	15	an	an	DET
cjal-3204	150	16	acceptable	acceptable	ADJ
cjal-3204	150	17	risk	risk	NOUN
cjal-3204	150	18	as	as	ADP
cjal-3204	150	19	a	a	DET
cjal-3204	150	20	borrower	borrower	NOUN
cjal-3204	150	21	.	.	PUNCT
cjal-3204	151	1	even	even	ADV
cjal-3204	151	2	if	if	SCONJ
cjal-3204	151	3	this	this	DET
cjal-3204	151	4	credit	credit	NOUN
cjal-3204	151	5	,	,	PUNCT
cjal-3204	151	6	income	income	NOUN
cjal-3204	151	7	,	,	PUNCT
cjal-3204	151	8	and	and	CCONJ
cjal-3204	151	9	employment	employment	NOUN
cjal-3204	151	10	information	information	NOUN
cjal-3204	151	11	is	be	AUX
cjal-3204	151	12	deemed	deem	VERB
cjal-3204	151	13	satisfactory	satisfactory	ADJ
cjal-3204	151	14	,	,	PUNCT
cjal-3204	151	15	the	the	DET
cjal-3204	151	16	lender	lender	NOUN
cjal-3204	151	17	may	may	AUX
cjal-3204	151	18	have	have	VERB
cjal-3204	151	19	another	another	DET
cjal-3204	151	20	reason	reason	NOUN
cjal-3204	151	21	for	for	ADP
cjal-3204	151	22	refusing	refuse	VERB
cjal-3204	151	23	to	to	PART
cjal-3204	151	24	permit	permit	VERB
cjal-3204	151	25	the	the	DET
cjal-3204	151	26	transferee	transferee	NOUN
cjal-3204	151	27	to	to	PART
cjal-3204	151	28	take	take	VERB
cjal-3204	151	29	over	over	ADP
cjal-3204	151	30	payment	payment	NOUN
cjal-3204	151	31	of	of	ADP
cjal-3204	151	32	the	the	DET
cjal-3204	151	33	mortgage	mortgage	NOUN
cjal-3204	151	34	loan	loan	NOUN
cjal-3204	151	35	.	.	PUNCT
cjal-3204	152	1	if	if	SCONJ
cjal-3204	152	2	current	current	ADJ
cjal-3204	152	3	market	market	NOUN
cjal-3204	152	4	interest	interest	NOUN
cjal-3204	152	5	rates	rate	NOUN
cjal-3204	152	6	are	be	AUX
cjal-3204	152	7	significantly	significantly	ADV
cjal-3204	152	8	higher	high	ADJ
cjal-3204	152	9	than	than	ADP
cjal-3204	152	10	the	the	DET
cjal-3204	152	11	rate	rate	NOUN
cjal-3204	152	12	on	on	ADP
cjal-3204	152	13	the	the	DET
cjal-3204	152	14	mortgage	mortgage	NOUN
cjal-3204	152	15	loan	loan	NOUN
cjal-3204	152	16	,	,	PUNCT
cjal-3204	152	17	the	the	DET
cjal-3204	152	18	lender	lender	NOUN
cjal-3204	152	19	may	may	AUX
cjal-3204	152	20	demand	demand	VERB
cjal-3204	152	21	that	that	SCONJ
cjal-3204	152	22	the	the	DET
cjal-3204	152	23	loan	loan	NOUN
cjal-3204	152	24	's	's	PART
cjal-3204	152	25	rate	rate	NOUN
cjal-3204	152	26	be	be	AUX
cjal-3204	152	27	increased	increase	VERB
cjal-3204	152	28	to	to	ADP
cjal-3204	152	29	a	a	DET
cjal-3204	152	30	level	level	NOUN
cjal-3204	152	31	approximating	approximate	VERB
cjal-3204	152	32	market	market	NOUN
cjal-3204	152	33	rates	rate	NOUN
cjal-3204	152	34	,	,	PUNCT
cjal-3204	152	35	and	and	CCONJ
cjal-3204	152	36	may	may	AUX
cjal-3204	152	37	refuse	refuse	VERB
cjal-3204	152	38	to	to	PART
cjal-3204	152	39	consent	consent	VERB
cjal-3204	152	40	to	to	ADP
cjal-3204	152	41	the	the	DET
cjal-3204	152	42	transfer	transfer	NOUN
cjal-3204	152	43	if	if	SCONJ
cjal-3204	152	44	the	the	DET
cjal-3204	152	45	transferee	transferee	NOUN
cjal-3204	152	46	is	be	AUX
cjal-3204	152	47	unwilling	unwilling	ADJ
cjal-3204	152	48	to	to	PART
cjal-3204	152	49	agree	agree	VERB
cjal-3204	152	50	to	to	ADP
cjal-3204	152	51	the	the	DET
cjal-3204	152	52	increase	increase	NOUN
cjal-3204	152	53	.	.	PUNCT
cjal-3204	153	1	the	the	DET
cjal-3204	153	2	rate	rate	NOUN
cjal-3204	153	3	increase	increase	NOUN
cjal-3204	153	4	may	may	AUX
cjal-3204	153	5	be	be	AUX
cjal-3204	153	6	reflected	reflect	VERB
cjal-3204	153	7	in	in	ADP
cjal-3204	153	8	higher	high	ADJ
cjal-3204	153	9	monthly	monthly	ADJ
cjal-3204	153	10	payments	payment	NOUN
cjal-3204	153	11	or	or	CCONJ
cjal-3204	153	12	in	in	ADP
cjal-3204	153	13	the	the	DET
cjal-3204	153	14	form	form	NOUN
cjal-3204	153	15	of	of	ADP
cjal-3204	153	16	a	a	DET
cjal-3204	153	17	lump	lump	NOUN
cjal-3204	153	18	sum	sum	NOUN
cjal-3204	153	19	"	"	PUNCT
cjal-3204	153	20	assumption	assumption	NOUN
cjal-3204	153	21	fee	fee	NOUN
cjal-3204	153	22	"	"	PUNCT
cjal-3204	153	23	to	to	PART
cjal-3204	153	24	be	be	AUX
cjal-3204	153	25	paid	pay	VERB
cjal-3204	153	26	to	to	ADP
cjal-3204	153	27	the	the	DET
cjal-3204	153	28	lender	lender	NOUN
cjal-3204	153	29	at	at	ADP
cjal-3204	153	30	the	the	DET
cjal-3204	153	31	time	time	NOUN
cjal-3204	153	32	of	of	ADP
cjal-3204	153	33	the	the	DET
cjal-3204	153	34	transfer	transfer	NOUN
cjal-3204	153	35	;	;	PUNCT
cjal-3204	153	36	the	the	DET
cjal-3204	153	37	economic	economic	ADJ
cjal-3204	153	38	effect	effect	NOUN
cjal-3204	153	39	is	be	AUX
cjal-3204	153	40	substantially	substantially	ADV
cjal-3204	153	41	the	the	DET
cjal-3204	153	42	same	same	ADJ
cjal-3204	153	43	.	.	PUNCT
cjal-3204	154	1	this	this	DET
cjal-3204	154	2	latter	latter	ADJ
cjal-3204	154	3	objective	objective	NOUN
cjal-3204	154	4	of	of	ADP
cjal-3204	154	5	the	the	DET
cjal-3204	154	6	due	due	ADJ
cjal-3204	154	7	-	-	PUNCT
cjal-3204	154	8	on	on	ADP
cjal-3204	154	9	-	-	PUNCT
cjal-3204	154	10	sale	sale	NOUN
cjal-3204	154	11	clause	clause	NOUN
cjal-3204	154	12	to	to	PART
cjal-3204	154	13	ensure	ensure	VERB
cjal-3204	154	14	that	that	SCONJ
cjal-3204	154	15	the	the	DET
cjal-3204	154	16	loan	loan	NOUN
cjal-3204	154	17	's	's	PART
cjal-3204	154	18	interest	interest	NOUN
cjal-3204	154	19	rate	rate	NOUN
cjal-3204	154	20	can	can	AUX
cjal-3204	154	21	be	be	AUX
cjal-3204	154	22	adjusted	adjust	VERB
cjal-3204	154	23	at	at	ADP
cjal-3204	154	24	the	the	DET
cjal-3204	154	25	time	time	NOUN
cjal-3204	154	26	the	the	DET
cjal-3204	154	27	property	property	NOUN
cjal-3204	154	28	is	be	AUX
cjal-3204	154	29	transferred	transfer	VERB
cjal-3204	154	30	,	,	PUNCT
cjal-3204	154	31	in	in	ADP
cjal-3204	154	32	order	order	NOUN
cjal-3204	154	33	to	to	PART
cjal-3204	154	34	approximate	approximate	VERB
cjal-3204	154	35	the	the	DET
cjal-3204	154	36	higher	high	ADJ
cjal-3204	154	37	rates	rate	NOUN
cjal-3204	154	38	prevailing	prevail	VERB
cjal-3204	154	39	in	in	ADP
cjal-3204	154	40	the	the	DET
cjal-3204	154	41	current	current	ADJ
cjal-3204	154	42	mortgage	mortgage	NOUN
cjal-3204	154	43	market	market	NOUN
cjal-3204	154	44	at	at	ADP
cjal-3204	154	45	that	that	DET
cjal-3204	154	46	time	time	NOUN
cjal-3204	154	47	is	be	AUX
cjal-3204	154	48	of	of	ADP
cjal-3204	154	49	far	far	ADV
cjal-3204	154	50	less	less	ADJ
cjal-3204	154	51	importance	importance	NOUN
cjal-3204	154	52	to	to	ADP
cjal-3204	154	53	the	the	DET
cjal-3204	154	54	lender	lender	NOUN
cjal-3204	154	55	if	if	SCONJ
cjal-3204	154	56	the	the	DET
cjal-3204	154	57	original	original	ADJ
cjal-3204	154	58	mortgage	mortgage	NOUN
cjal-3204	154	59	loan	loan	NOUN
cjal-3204	154	60	was	be	AUX
cjal-3204	154	61	based	base	VERB
cjal-3204	154	62	on	on	ADP
cjal-3204	154	63	an	an	DET
cjal-3204	154	64	adjustable	adjustable	ADJ
cjal-3204	154	65	interest	interest	NOUN
cjal-3204	154	66	rate	rate	NOUN
cjal-3204	154	67	.	.	PUNCT
cjal-3204	155	1	in	in	ADP
cjal-3204	155	2	the	the	DET
cjal-3204	155	3	united	united	PROPN
cjal-3204	155	4	states	states	PROPN
cjal-3204	155	5	,	,	PUNCT
cjal-3204	155	6	the	the	DET
cjal-3204	155	7	proportion	proportion	NOUN
cjal-3204	155	8	of	of	ADP
cjal-3204	155	9	single	single	ADJ
cjal-3204	155	10	-	-	PUNCT
cjal-3204	155	11	family	family	NOUN
cjal-3204	155	12	residential	residential	ADJ
cjal-3204	155	13	loans	loan	NOUN
cjal-3204	155	14	that	that	PRON
cjal-3204	155	15	have	have	VERB
cjal-3204	155	16	adjustable	adjustable	ADJ
cjal-3204	155	17	rates	rate	NOUN
cjal-3204	155	18	has	have	AUX
cjal-3204	155	19	varied	vary	VERB
cjal-3204	155	20	over	over	ADP
cjal-3204	155	21	time	time	NOUN
cjal-3204	155	22	,	,	PUNCT
cjal-3204	155	23	ranging	range	VERB
cjal-3204	155	24	from	from	ADP
cjal-3204	155	25	as	as	ADV
cjal-3204	155	26	little	little	ADJ
cjal-3204	155	27	as	as	ADP
cjal-3204	155	28	12	12	NUM
cjal-3204	155	29	percent	percent	NOUN
cjal-3204	155	30	to	to	ADP
cjal-3204	155	31	more	more	ADJ
cjal-3204	155	32	than	than	ADP
cjal-3204	155	33	60	60	NUM
cjal-3204	155	34	percent	percent	NOUN
cjal-3204	155	35	of	of	ADP
cjal-3204	155	36	all	all	DET
cjal-3204	155	37	such	such	ADJ
cjal-3204	155	38	loans	loan	NOUN
cjal-3204	155	39	.	.	PUNCT
cjal-3204	156	1	19	19	NUM
cjal-3204	156	2	mortgage	mortgage	NOUN
cjal-3204	156	3	loans	loan	NOUN
cjal-3204	156	4	on	on	ADP
cjal-3204	156	5	commercial	commercial	ADJ
cjal-3204	156	6	property	property	NOUN
cjal-3204	156	7	are	be	AUX
cjal-3204	156	8	much	much	ADV
cjal-3204	156	9	more	more	ADV
cjal-3204	156	10	likely	likely	ADJ
cjal-3204	156	11	to	to	PART
cjal-3204	156	12	have	have	VERB
cjal-3204	156	13	adjustable	adjustable	ADJ
cjal-3204	156	14	rates	rate	NOUN
cjal-3204	156	15	.	.	PUNCT
cjal-3204	157	1	if	if	SCONJ
cjal-3204	157	2	the	the	DET
cjal-3204	157	3	loan	loan	NOUN
cjal-3204	157	4	's	's	PART
cjal-3204	157	5	rate	rate	NOUN
cjal-3204	157	6	is	be	AUX
cjal-3204	157	7	adjustable	adjustable	ADJ
cjal-3204	157	8	,	,	PUNCT
cjal-3204	157	9	it	it	PRON
cjal-3204	157	10	will	will	AUX
cjal-3204	157	11	presumably	presumably	ADV
cjal-3204	157	12	be	be	AUX
cjal-3204	157	13	adjusted	adjust	VERB
cjal-3204	157	14	in	in	ADP
cjal-3204	157	15	fact	fact	NOUN
cjal-3204	157	16	in	in	ADP
cjal-3204	157	17	a	a	DET
cjal-3204	157	18	manner	manner	NOUN
cjal-3204	157	19	that	that	PRON
cjal-3204	157	20	will	will	AUX
cjal-3204	157	21	keep	keep	VERB
cjal-3204	157	22	it	it	PRON
cjal-3204	157	23	close	close	ADJ
cjal-3204	157	24	to	to	ADP
cjal-3204	157	25	market	market	NOUN
cjal-3204	157	26	rates	rate	NOUN
cjal-3204	157	27	.	.	PUNCT
cjal-3204	158	1	of	of	ADP
cjal-3204	158	2	course	course	NOUN
cjal-3204	158	3	,	,	PUNCT
cjal-3204	158	4	the	the	DET
cjal-3204	158	5	approximation	approximation	NOUN
cjal-3204	158	6	will	will	AUX
cjal-3204	158	7	be	be	AUX
cjal-3204	158	8	imperfect	imperfect	ADJ
cjal-3204	158	9	,	,	PUNCT
cjal-3204	158	10	since	since	SCONJ
cjal-3204	158	11	the	the	DET
cjal-3204	158	12	loan	loan	NOUN
cjal-3204	158	13	's	's	PART
cjal-3204	158	14	rate	rate	NOUN
cjal-3204	158	15	will	will	AUX
cjal-3204	158	16	adjust	adjust	VERB
cjal-3204	158	17	only	only	ADV
cjal-3204	158	18	at	at	ADP
cjal-3204	158	19	specific	specific	ADJ
cjal-3204	158	20	intervals	interval	NOUN
cjal-3204	158	21	(	(	PUNCT
cjal-3204	158	22	e.g.	e.g.	ADV
cjal-3204	158	23	,	,	PUNCT
cjal-3204	158	24	perhaps	perhaps	ADV
cjal-3204	158	25	once	once	ADV
cjal-3204	158	26	each	each	DET
cjal-3204	158	27	year	year	NOUN
cjal-3204	158	28	)	)	PUNCT
cjal-3204	158	29	,	,	PUNCT
cjal-3204	158	30	and	and	CCONJ
cjal-3204	158	31	perhaps	perhaps	ADV
cjal-3204	158	32	only	only	ADV
cjal-3204	158	33	subject	subject	ADJ
cjal-3204	158	34	to	to	ADP
cjal-3204	158	35	a	a	DET
cjal-3204	158	36	stated	state	VERB
cjal-3204	158	37	ceiling	ceiling	NOUN
cjal-3204	158	38	or	or	CCONJ
cjal-3204	158	39	limitation	limitation	NOUN
cjal-3204	158	40	(	(	PUNCT
cjal-3204	158	41	e.g.	e.g.	ADV
cjal-3204	158	42	,	,	PUNCT
cjal-3204	158	43	not	not	PART
cjal-3204	158	44	more	more	ADJ
cjal-3204	158	45	than	than	ADP
cjal-3204	158	46	2	2	NUM
cjal-3204	158	47	percent	percent	NOUN
cjal-3204	158	48	increase	increase	NOUN
cjal-3204	158	49	in	in	ADP
cjal-3204	158	50	any	any	DET
cjal-3204	158	51	one	one	NUM
cjal-3204	158	52	year	year	NOUN
cjal-3204	158	53	)	)	PUNCT
cjal-3204	158	54	,	,	PUNCT
cjal-3204	158	55	while	while	SCONJ
cjal-3204	158	56	market	market	NOUN
cjal-3204	158	57	rates	rate	NOUN
cjal-3204	158	58	will	will	AUX
cjal-3204	158	59	fluctuate	fluctuate	VERB
cjal-3204	158	60	constantly	constantly	ADV
cjal-3204	158	61	.	.	PUNCT
cjal-3204	159	1	nonetheless	nonetheless	ADV
cjal-3204	159	2	,	,	PUNCT
cjal-3204	159	3	the	the	DET
cjal-3204	159	4	approximation	approximation	NOUN
cjal-3204	159	5	may	may	AUX
cjal-3204	159	6	be	be	AUX
cjal-3204	159	7	close	close	ADJ
cjal-3204	159	8	enough	enough	ADV
cjal-3204	159	9	that	that	SCONJ
cjal-3204	159	10	the	the	DET
cjal-3204	159	11	lender	lender	NOUN
cjal-3204	159	12	considers	consider	VERB
cjal-3204	159	13	the	the	DET
cjal-3204	159	14	further	further	ADJ
cjal-3204	159	15	"	"	PUNCT
cjal-3204	159	16	fine	fine	ADJ
cjal-3204	159	17	tuning	tuning	NOUN
cjal-3204	159	18	"	"	PUNCT
cjal-3204	159	19	that	that	PRON
cjal-3204	159	20	is	be	AUX
cjal-3204	159	21	possible	possible	ADJ
cjal-3204	159	22	under	under	ADP
cjal-3204	159	23	the	the	DET
cjal-3204	159	24	due	due	ADJ
cjal-3204	159	25	-	-	PUNCT
cjal-3204	159	26	on	on	ADP
cjal-3204	159	27	-	-	PUNCT
cjal-3204	159	28	sale	sale	NOUN
cjal-3204	159	29	clause	clause	NOUN
cjal-3204	159	30	when	when	SCONJ
cjal-3204	159	31	the	the	DET
cjal-3204	159	32	property	property	NOUN
cjal-3204	159	33	is	be	AUX
cjal-3204	159	34	sold	sell	VERB
cjal-3204	159	35	to	to	PART
cjal-3204	159	36	be	be	AUX
cjal-3204	159	37	unnecessary.20the	unnecessary.20the	DET
cjal-3204	159	38	effect	effect	NOUN
cjal-3204	159	39	is	be	AUX
cjal-3204	159	40	to	to	PART
cjal-3204	159	41	limit	limit	VERB
cjal-3204	159	42	the	the	DET
cjal-3204	159	43	lender	lender	NOUN
cjal-3204	159	44	to	to	ADP
cjal-3204	159	45	19	19	NUM
cjal-3204	159	46	.	.	PUNCT
cjal-3204	160	1	during	during	ADP
cjal-3204	160	2	the	the	DET
cjal-3204	160	3	period	period	NOUN
cjal-3204	160	4	1980	1980	NUM
cjal-3204	160	5	to	to	ADP
cjal-3204	160	6	1999	1999	NUM
cjal-3204	160	7	,	,	PUNCT
cjal-3204	160	8	the	the	DET
cjal-3204	160	9	lowest	low	ADJ
cjal-3204	160	10	arm	arm	NOUN
cjal-3204	160	11	market	market	NOUN
cjal-3204	160	12	share	share	NOUN
cjal-3204	160	13	of	of	ADP
cjal-3204	160	14	home	home	NOUN
cjal-3204	160	15	mortgages	mortgage	NOUN
cjal-3204	160	16	was	be	AUX
cjal-3204	160	17	12	12	NUM
cjal-3204	160	18	%	%	NOUN
cjal-3204	160	19	in	in	ADP
cjal-3204	160	20	1998	1998	NUM
cjal-3204	160	21	;	;	PUNCT
cjal-3204	160	22	the	the	DET
cjal-3204	160	23	highest	high	ADJ
cjal-3204	160	24	was	be	AUX
cjal-3204	160	25	62	62	NUM
cjal-3204	160	26	%	%	NOUN
cjal-3204	160	27	in	in	ADP
cjal-3204	160	28	1984	1984	NUM
cjal-3204	160	29	.	.	PUNCT
cjal-3204	161	1	see	see	VERB
cjal-3204	161	2	mortgage	mortgage	NOUN
cjal-3204	161	3	bankers	banker	NOUN
cjal-3204	161	4	ass'n	ass'n	PROPN
cjal-3204	161	5	,	,	PUNCT
cjal-3204	161	6	1	1	NUM
cjal-3204	161	7	-	-	SYM
cjal-3204	161	8	4	4	NUM
cjal-3204	161	9	-	-	PUNCT
cjal-3204	161	10	family	family	NOUN
cjal-3204	161	11	loan	loan	NOUN
cjal-3204	161	12	originations	origination	NOUN
cjal-3204	161	13	(	(	PUNCT
cjal-3204	161	14	2001	2001	NUM
cjal-3204	161	15	)	)	PUNCT
cjal-3204	162	1	<	<	X
cjal-3204	162	2	http://www.mbaa.org/marketdata	http://www.mbaa.org/marketdata	X
cjal-3204	162	3	>	>	X
cjal-3204	162	4	(	(	PUNCT
cjal-3204	162	5	last	last	ADV
cjal-3204	162	6	visited	visit	VERB
cjal-3204	162	7	nov.20	nov.20	PROPN
cjal-3204	162	8	,	,	PUNCT
cjal-3204	162	9	2001	2001	NUM
cjal-3204	162	10	)	)	PUNCT
cjal-3204	162	11	.	.	PUNCT
cjal-3204	163	1	20	20	NUM
cjal-3204	163	2	.	.	PUNCT
cjal-3204	164	1	this	this	PRON
cjal-3204	164	2	is	be	AUX
cjal-3204	164	3	,	,	PUNCT
cjal-3204	164	4	in	in	ADP
cjal-3204	164	5	effect	effect	NOUN
cjal-3204	164	6	,	,	PUNCT
cjal-3204	164	7	the	the	DET
cjal-3204	164	8	position	position	NOUN
cjal-3204	164	9	of	of	ADP
cjal-3204	164	10	the	the	DET
cjal-3204	164	11	two	two	NUM
cjal-3204	164	12	largest	large	ADJ
cjal-3204	164	13	federally	federally	ADV
cjal-3204	164	14	-	-	PUNCT
cjal-3204	164	15	sponsored	sponsor	VERB
cjal-3204	164	16	secondary	secondary	ADJ
cjal-3204	164	17	mortgage	mortgage	NOUN
cjal-3204	164	18	market	market	NOUN
cjal-3204	164	19	purchasing	purchasing	NOUN
cjal-3204	164	20	entities	entity	NOUN
cjal-3204	164	21	,	,	PUNCT
cjal-3204	164	22	fannie	fannie	PROPN
cjal-3204	164	23	mae	mae	PROPN
cjal-3204	164	24	and	and	CCONJ
cjal-3204	164	25	the	the	DET
cjal-3204	164	26	federal	federal	ADJ
cjal-3204	164	27	home	home	PROPN
cjal-3204	164	28	loan	loan	NOUN
cjal-3204	164	29	mortgage	mortgage	NOUN
cjal-3204	164	30	corporation	corporation	NOUN
cjal-3204	164	31	.	.	PUNCT
cjal-3204	165	1	their	their	PRON
cjal-3204	165	2	standard	standard	ADJ
cjal-3204	165	3	adjustable	adjustable	ADJ
cjal-3204	165	4	-	-	PUNCT
cjal-3204	165	5	rate	rate	NOUN
cjal-3204	165	6	promissory	promissory	NOUN
cjal-3204	165	7	note	note	NOUN
cjal-3204	165	8	form	form	NOUN
cjal-3204	165	9	for	for	ADP
cjal-3204	165	10	one	one	NUM
cjal-3204	165	11	-	-	PUNCT
cjal-3204	165	12	to	to	ADP
cjal-3204	165	13	-	-	PUNCT
cjal-3204	165	14	four	four	NUM
cjal-3204	165	15	-	-	PUNCT
cjal-3204	165	16	family	family	NOUN
cjal-3204	165	17	residential	residential	ADJ
cjal-3204	165	18	loans	loan	NOUN
cjal-3204	165	19	contains	contain	VERB
cjal-3204	165	20	the	the	DET
cjal-3204	165	21	usual	usual	ADJ
cjal-3204	165	22	due	due	ADJ
cjal-3204	165	23	-	-	PUNCT
cjal-3204	165	24	on	on	ADP
cjal-3204	165	25	-	-	PUNCT
cjal-3204	165	26	sale	sale	NOUN
cjal-3204	165	27	language	language	NOUN
cjal-3204	165	28	,	,	PUNCT
cjal-3204	165	29	but	but	CCONJ
cjal-3204	165	30	adds	add	VERB
cjal-3204	165	31	to	to	ADP
cjal-3204	165	32	it	it	PRON
cjal-3204	165	33	the	the	DET
cjal-3204	165	34	following	follow	VERB
cjal-3204	165	35	provision	provision	NOUN
cjal-3204	165	36	:	:	PUNCT
cjal-3204	165	37	"	"	PUNCT
cjal-3204	165	38	lender	lender	NOUN
cjal-3204	165	39	also	also	ADV
cjal-3204	165	40	shall	shall	AUX
cjal-3204	165	41	not	not	PART
cjal-3204	165	42	exercise	exercise	VERB
cjal-3204	165	43	this	this	DET
cjal-3204	165	44	option	option	NOUN
cjal-3204	165	45	[	[	X
cjal-3204	165	46	to	to	PART
cjal-3204	165	47	demand	demand	VERB
cjal-3204	165	48	payment	payment	NOUN
cjal-3204	165	49	upon	upon	SCONJ
cjal-3204	165	50	sale	sale	NOUN
cjal-3204	165	51	of	of	ADP
cjal-3204	165	52	the	the	DET
cjal-3204	165	53	property	property	NOUN
cjal-3204	165	54	]	]	PUNCT
cjal-3204	165	55	if	if	SCONJ
cjal-3204	165	56	:	:	PUNCT
cjal-3204	165	57	(	(	PUNCT
cjal-3204	165	58	a	a	X
cjal-3204	165	59	)	)	PUNCT
cjal-3204	165	60	borrower	borrower	NOUN
cjal-3204	165	61	causes	cause	VERB
cjal-3204	165	62	to	to	PART
cjal-3204	165	63	be	be	AUX
cjal-3204	165	64	submitted	submit	VERB
cjal-3204	165	65	to	to	ADP
cjal-3204	165	66	lender	lender	NOUN
cjal-3204	165	67	information	information	NOUN
cjal-3204	165	68	required	require	VERB
cjal-3204	165	69	by	by	ADP
cjal-3204	165	70	lender	lender	NOUN
cjal-3204	165	71	to	to	PART
cjal-3204	165	72	evaluate	evaluate	VERB
cjal-3204	165	73	the	the	DET
cjal-3204	165	74	intended	intend	VERB
cjal-3204	165	75	transferee	transferee	NOUN
cjal-3204	165	76	as	as	SCONJ
cjal-3204	165	77	if	if	SCONJ
cjal-3204	165	78	a	a	DET
cjal-3204	165	79	new	new	ADJ
cjal-3204	165	80	loan	loan	NOUN
cjal-3204	165	81	were	be	AUX
cjal-3204	165	82	being	be	AUX
cjal-3204	165	83	made	make	VERB
cjal-3204	165	84	to	to	ADP
cjal-3204	165	85	the	the	DET
cjal-3204	165	86	transferee	transferee	NOUN
cjal-3204	165	87	;	;	PUNCT
cjal-3204	165	88	and	and	CCONJ
cjal-3204	165	89	(	(	PUNCT
cjal-3204	165	90	b	b	NOUN
cjal-3204	165	91	)	)	PUNCT
cjal-3204	165	92	lender	lender	NOUN
cjal-3204	166	1	reasonably	reasonably	ADV
cjal-3204	166	2	[	[	X
cjal-3204	166	3	15	15	NUM
cjal-3204	166	4	:	:	PUNCT
cjal-3204	166	5	i	i	PRON
cjal-3204	166	6	chinese	chinese	ADJ
cjal-3204	166	7	mortgagelaw	mortgagelaw	NOUN
cjal-3204	166	8	demanding	demand	VERB
cjal-3204	166	9	payment	payment	NOUN
cjal-3204	166	10	only	only	ADV
cjal-3204	166	11	if	if	SCONJ
cjal-3204	166	12	the	the	DET
cjal-3204	166	13	proposed	propose	VERB
cjal-3204	166	14	purchaser	purchaser	NOUN
cjal-3204	166	15	's	's	PART
cjal-3204	166	16	credit	credit	NOUN
cjal-3204	166	17	or	or	CCONJ
cjal-3204	166	18	income	income	NOUN
cjal-3204	166	19	is	be	AUX
cjal-3204	166	20	unacceptable	unacceptable	ADJ
cjal-3204	166	21	,	,	PUNCT
cjal-3204	166	22	and	and	CCONJ
cjal-3204	166	23	not	not	PART
cjal-3204	166	24	to	to	PART
cjal-3204	166	25	permit	permit	VERB
cjal-3204	166	26	the	the	DET
cjal-3204	166	27	lender	lender	NOUN
cjal-3204	166	28	to	to	PART
cjal-3204	166	29	demand	demand	VERB
cjal-3204	166	30	payment	payment	NOUN
cjal-3204	166	31	because	because	SCONJ
cjal-3204	166	32	market	market	NOUN
cjal-3204	166	33	interest	interest	NOUN
cjal-3204	166	34	rates	rate	NOUN
cjal-3204	166	35	have	have	AUX
cjal-3204	166	36	risen	rise	VERB
cjal-3204	166	37	since	since	SCONJ
cjal-3204	166	38	the	the	DET
cjal-3204	166	39	loan	loan	NOUN
cjal-3204	166	40	was	be	AUX
cjal-3204	166	41	made	make	VERB
cjal-3204	166	42	.	.	PUNCT
cjal-3204	167	1	there	there	PRON
cjal-3204	167	2	is	be	VERB
cjal-3204	167	3	a	a	DET
cjal-3204	167	4	third	third	ADJ
cjal-3204	167	5	mode	mode	NOUN
cjal-3204	167	6	in	in	ADP
cjal-3204	167	7	which	which	PRON
cjal-3204	167	8	sales	sale	NOUN
cjal-3204	167	9	of	of	ADP
cjal-3204	167	10	mortgaged	mortgaged	ADJ
cjal-3204	167	11	property	property	NOUN
cjal-3204	167	12	can	can	AUX
cjal-3204	167	13	occur	occur	VERB
cjal-3204	167	14	in	in	ADP
cjal-3204	167	15	the	the	DET
cjal-3204	167	16	united	united	PROPN
cjal-3204	167	17	states	states	PROPN
cjal-3204	167	18	,	,	PUNCT
cjal-3204	167	19	but	but	CCONJ
cjal-3204	167	20	it	it	PRON
cjal-3204	167	21	is	be	AUX
cjal-3204	167	22	relatively	relatively	ADV
cjal-3204	167	23	unimportant	unimportant	ADJ
cjal-3204	167	24	and	and	CCONJ
cjal-3204	167	25	need	need	VERB
cjal-3204	167	26	detain	detain	VERB
cjal-3204	167	27	us	we	PRON
cjal-3204	167	28	only	only	ADV
cjal-3204	167	29	briefly.21	briefly.21	PROPN
cjal-3204	167	30	in	in	ADP
cjal-3204	167	31	this	this	DET
cjal-3204	167	32	mode	mode	NOUN
cjal-3204	167	33	,	,	PUNCT
cjal-3204	167	34	the	the	DET
cjal-3204	167	35	borrower	borrower	NOUN
cjal-3204	167	36	pays	pay	VERB
cjal-3204	167	37	the	the	DET
cjal-3204	167	38	full	full	ADJ
cjal-3204	167	39	agreed	agree	VERB
cjal-3204	167	40	price	price	NOUN
cjal-3204	167	41	for	for	ADP
cjal-3204	167	42	the	the	DET
cjal-3204	167	43	property	property	NOUN
cjal-3204	167	44	in	in	ADP
cjal-3204	167	45	cash	cash	NOUN
cjal-3204	167	46	,	,	PUNCT
cjal-3204	167	47	but	but	CCONJ
cjal-3204	167	48	the	the	DET
cjal-3204	167	49	seller	seller	NOUN
cjal-3204	167	50	does	do	AUX
cjal-3204	167	51	not	not	PART
cjal-3204	167	52	pay	pay	VERB
cjal-3204	167	53	off	off	ADP
cjal-3204	167	54	and	and	CCONJ
cjal-3204	167	55	discharge	discharge	VERB
cjal-3204	167	56	the	the	DET
cjal-3204	167	57	existing	exist	VERB
cjal-3204	167	58	mortgage	mortgage	NOUN
cjal-3204	167	59	.	.	PUNCT
cjal-3204	168	1	instead	instead	ADV
cjal-3204	168	2	,	,	PUNCT
cjal-3204	168	3	the	the	DET
cjal-3204	168	4	seller	seller	NOUN
cjal-3204	168	5	agrees	agree	VERB
cjal-3204	168	6	(	(	PUNCT
cjal-3204	168	7	at	at	ADP
cjal-3204	168	8	least	least	ADJ
cjal-3204	168	9	implicitly	implicitly	ADV
cjal-3204	168	10	)	)	PUNCT
cjal-3204	168	11	to	to	PART
cjal-3204	168	12	continue	continue	VERB
cjal-3204	168	13	making	make	VERB
cjal-3204	168	14	the	the	DET
cjal-3204	168	15	required	require	VERB
cjal-3204	168	16	payments	payment	NOUN
cjal-3204	168	17	on	on	ADP
cjal-3204	168	18	the	the	DET
cjal-3204	168	19	mortgage	mortgage	NOUN
cjal-3204	168	20	debt	debt	NOUN
cjal-3204	168	21	in	in	ADP
cjal-3204	168	22	the	the	DET
cjal-3204	168	23	ordinary	ordinary	ADJ
cjal-3204	168	24	course	course	NOUN
cjal-3204	168	25	,	,	PUNCT
cjal-3204	168	26	and	and	CCONJ
cjal-3204	168	27	thus	thus	ADV
cjal-3204	168	28	to	to	PART
cjal-3204	168	29	retire	retire	VERB
cjal-3204	168	30	it	it	PRON
cjal-3204	168	31	only	only	ADV
cjal-3204	168	32	when	when	SCONJ
cjal-3204	168	33	it	it	PRON
cjal-3204	168	34	reaches	reach	VERB
cjal-3204	168	35	its	its	PRON
cjal-3204	168	36	scheduled	schedule	VERB
cjal-3204	168	37	maturity	maturity	NOUN
cjal-3204	168	38	.	.	PUNCT
cjal-3204	169	1	the	the	DET
cjal-3204	169	2	risks	risk	NOUN
cjal-3204	169	3	of	of	ADP
cjal-3204	169	4	this	this	DET
cjal-3204	169	5	approach	approach	NOUN
cjal-3204	169	6	to	to	ADP
cjal-3204	169	7	the	the	DET
cjal-3204	169	8	buyer	buyer	NOUN
cjal-3204	169	9	are	be	AUX
cjal-3204	169	10	obvious	obvious	ADJ
cjal-3204	169	11	.	.	PUNCT
cjal-3204	170	1	if	if	SCONJ
cjal-3204	170	2	the	the	DET
cjal-3204	170	3	seller	seller	NOUN
cjal-3204	170	4	fails	fail	VERB
cjal-3204	170	5	to	to	PART
cjal-3204	170	6	make	make	VERB
cjal-3204	170	7	the	the	DET
cjal-3204	170	8	payments	payment	NOUN
cjal-3204	170	9	and	and	CCONJ
cjal-3204	170	10	becomes	become	VERB
cjal-3204	170	11	insolvent	insolvent	ADJ
cjal-3204	170	12	,	,	PUNCT
cjal-3204	170	13	the	the	DET
cjal-3204	170	14	buyer	buyer	NOUN
cjal-3204	170	15	,	,	PUNCT
cjal-3204	170	16	who	who	PRON
cjal-3204	170	17	has	have	AUX
cjal-3204	170	18	already	already	ADV
cjal-3204	170	19	paid	pay	VERB
cjal-3204	170	20	for	for	ADP
cjal-3204	170	21	the	the	DET
cjal-3204	170	22	property	property	NOUN
cjal-3204	170	23	in	in	ADP
cjal-3204	170	24	full	full	ADJ
cjal-3204	170	25	,	,	PUNCT
cjal-3204	170	26	may	may	AUX
cjal-3204	170	27	now	now	ADV
cjal-3204	170	28	be	be	AUX
cjal-3204	170	29	required	require	VERB
cjal-3204	170	30	to	to	PART
cjal-3204	170	31	pay	pay	VERB
cjal-3204	170	32	the	the	DET
cjal-3204	170	33	remaining	remain	VERB
cjal-3204	170	34	balance	balance	NOUN
cjal-3204	170	35	owing	owe	VERB
cjal-3204	170	36	on	on	ADP
cjal-3204	170	37	the	the	DET
cjal-3204	170	38	mortgage	mortgage	NOUN
cjal-3204	170	39	loan	loan	NOUN
cjal-3204	170	40	in	in	ADP
cjal-3204	170	41	order	order	NOUN
cjal-3204	170	42	to	to	PART
cjal-3204	170	43	clear	clear	VERB
cjal-3204	170	44	the	the	DET
cjal-3204	170	45	property	property	NOUN
cjal-3204	170	46	's	's	PART
cjal-3204	170	47	title	title	NOUN
cjal-3204	170	48	of	of	ADP
cjal-3204	170	49	the	the	DET
cjal-3204	170	50	mortgage	mortgage	NOUN
cjal-3204	170	51	encumbrance	encumbrance	NOUN
cjal-3204	170	52	.	.	PUNCT
cjal-3204	171	1	sophisticated	sophisticated	ADJ
cjal-3204	171	2	real	real	ADJ
cjal-3204	171	3	estate	estate	NOUN
cjal-3204	171	4	purchasers	purchaser	NOUN
cjal-3204	171	5	almost	almost	ADV
cjal-3204	171	6	never	never	ADV
cjal-3204	171	7	agree	agree	VERB
cjal-3204	171	8	to	to	PART
cjal-3204	171	9	buy	buy	VERB
cjal-3204	171	10	under	under	ADP
cjal-3204	171	11	these	these	DET
cjal-3204	171	12	conditions	condition	NOUN
cjal-3204	171	13	.	.	PUNCT
cjal-3204	171	14	!	!	PUNCT
cjal-3204	172	1	this	this	DET
cjal-3204	172	2	approach	approach	NOUN
cjal-3204	172	3	is	be	AUX
cjal-3204	172	4	sometimes	sometimes	ADV
cjal-3204	172	5	used	use	VERB
cjal-3204	172	6	by	by	ADP
cjal-3204	172	7	less	less	ADV
cjal-3204	172	8	-	-	PUNCT
cjal-3204	172	9	reputable	reputable	ADJ
cjal-3204	172	10	sellers	seller	NOUN
cjal-3204	172	11	of	of	ADP
cjal-3204	172	12	land	land	NOUN
cjal-3204	172	13	,	,	PUNCT
cjal-3204	172	14	especially	especially	ADV
cjal-3204	172	15	subdivisions	subdivision	NOUN
cjal-3204	172	16	in	in	ADP
cjal-3204	172	17	remote	remote	ADJ
cjal-3204	172	18	locations	location	NOUN
cjal-3204	172	19	that	that	PRON
cjal-3204	172	20	are	be	AUX
cjal-3204	172	21	marketed	market	VERB
cjal-3204	172	22	with	with	ADP
cjal-3204	172	23	"	"	PUNCT
cjal-3204	172	24	high	high	ADJ
cjal-3204	172	25	pressure	pressure	NOUN
cjal-3204	172	26	!	!	PUNCT
cjal-3204	172	27	'	'	PUNCT
cjal-3204	173	1	sales	sale	NOUN
cjal-3204	173	2	tactics	tactic	NOUN
cjal-3204	173	3	.	.	PUNCT
cjal-3204	174	1	but	but	CCONJ
cjal-3204	174	2	it	it	PRON
cjal-3204	174	3	is	be	AUX
cjal-3204	174	4	not	not	PART
cjal-3204	174	5	very	very	ADV
cjal-3204	174	6	important	important	ADJ
cjal-3204	174	7	in	in	ADP
cjal-3204	174	8	the	the	DET
cjal-3204	174	9	overall	overall	ADJ
cjal-3204	174	10	scheme	scheme	NOUN
cjal-3204	174	11	of	of	ADP
cjal-3204	174	12	real	real	ADJ
cjal-3204	174	13	estate	estate	NOUN
cjal-3204	174	14	sale	sale	NOUN
cjal-3204	174	15	financing	financing	NOUN
cjal-3204	174	16	in	in	ADP
cjal-3204	174	17	the	the	DET
cjal-3204	174	18	united	united	PROPN
cjal-3204	174	19	states	states	PROPN
cjal-3204	174	20	.	.	PUNCT
cjal-3204	175	1	let	let	VERB
cjal-3204	175	2	us	we	PRON
cjal-3204	175	3	return	return	VERB
cjal-3204	175	4	to	to	ADP
cjal-3204	175	5	the	the	DET
cjal-3204	175	6	second	second	ADJ
cjal-3204	175	7	mode	mode	NOUN
cjal-3204	175	8	of	of	ADP
cjal-3204	175	9	sale	sale	NOUN
cjal-3204	175	10	discussed	discuss	VERB
cjal-3204	175	11	above	above	ADV
cjal-3204	175	12	,	,	PUNCT
cjal-3204	175	13	in	in	ADP
cjal-3204	175	14	which	which	PRON
cjal-3204	175	15	the	the	DET
cjal-3204	175	16	buyer	buyer	NOUN
cjal-3204	175	17	takes	take	VERB
cjal-3204	175	18	over	over	ADP
cjal-3204	175	19	the	the	DET
cjal-3204	175	20	payment	payment	NOUN
cjal-3204	175	21	of	of	ADP
cjal-3204	175	22	the	the	DET
cjal-3204	175	23	installments	installment	NOUN
cjal-3204	175	24	owing	owe	VERB
cjal-3204	175	25	on	on	ADP
cjal-3204	175	26	the	the	DET
cjal-3204	175	27	existing	exist	VERB
cjal-3204	175	28	mortgage	mortgage	NOUN
cjal-3204	175	29	.	.	PUNCT
cjal-3204	176	1	two	two	NUM
cjal-3204	176	2	questions	question	NOUN
cjal-3204	176	3	arise	arise	VERB
cjal-3204	176	4	:	:	PUNCT
cjal-3204	176	5	does	do	AUX
cjal-3204	176	6	the	the	DET
cjal-3204	176	7	purchaser	purchaser	NOUN
cjal-3204	176	8	become	become	VERB
cjal-3204	176	9	personally	personally	ADV
cjal-3204	176	10	liable	liable	ADJ
cjal-3204	176	11	on	on	ADP
cjal-3204	176	12	the	the	DET
cjal-3204	176	13	mortgage	mortgage	NOUN
cjal-3204	176	14	debt	debt	NOUN
cjal-3204	176	15	?	?	PUNCT
cjal-3204	177	1	and	and	CCONJ
cjal-3204	177	2	does	do	AUX
cjal-3204	177	3	the	the	DET
cjal-3204	177	4	seller	seller	NOUN
cjal-3204	177	5	remain	remain	VERB
cjal-3204	177	6	liable	liable	ADJ
cjal-3204	177	7	?	?	PUNCT
cjal-3204	178	1	these	these	DET
cjal-3204	178	2	questions	question	NOUN
cjal-3204	178	3	have	have	VERB
cjal-3204	178	4	meaning	meaning	NOUN
cjal-3204	178	5	because	because	SCONJ
cjal-3204	178	6	in	in	ADP
cjal-3204	178	7	most	most	ADJ
cjal-3204	178	8	american	american	ADJ
cjal-3204	178	9	states,2	states,2	NOUN
cjal-3204	178	10	determines	determine	NOUN
cjal-3204	178	11	that	that	SCONJ
cjal-3204	178	12	lender	lender	NOUN
cjal-3204	178	13	's	's	PART
cjal-3204	178	14	security	security	NOUN
cjal-3204	178	15	will	will	AUX
cjal-3204	178	16	not	not	PART
cjal-3204	178	17	be	be	AUX
cjal-3204	178	18	impaired	impair	VERB
cjal-3204	178	19	by	by	ADP
cjal-3204	178	20	the	the	DET
cjal-3204	178	21	loan	loan	NOUN
cjal-3204	178	22	assumption	assumption	NOUN
cjal-3204	178	23	and	and	CCONJ
cjal-3204	178	24	that	that	SCONJ
cjal-3204	178	25	the	the	DET
cjal-3204	178	26	risk	risk	NOUN
cjal-3204	178	27	of	of	ADP
cjal-3204	178	28	a	a	DET
cjal-3204	178	29	breach	breach	NOUN
cjal-3204	178	30	of	of	ADP
cjal-3204	178	31	any	any	DET
cjal-3204	178	32	covenant	covenant	NOUN
cjal-3204	178	33	or	or	CCONJ
cjal-3204	178	34	agreement	agreement	NOUN
cjal-3204	178	35	in	in	ADP
cjal-3204	178	36	this	this	DET
cjal-3204	178	37	security	security	NOUN
cjal-3204	178	38	instrument	instrument	NOUN
cjal-3204	178	39	is	be	AUX
cjal-3204	178	40	acceptable	acceptable	ADJ
cjal-3204	178	41	to	to	ADP
cjal-3204	178	42	lender	lender	NOUN
cjal-3204	178	43	.	.	PUNCT
cjal-3204	178	44	"	"	PUNCT
cjal-3204	179	1	the	the	DET
cjal-3204	179	2	effect	effect	NOUN
cjal-3204	179	3	is	be	AUX
cjal-3204	179	4	to	to	PART
cjal-3204	179	5	limit	limit	VERB
cjal-3204	179	6	the	the	DET
cjal-3204	179	7	lender	lender	NOUN
cjal-3204	179	8	to	to	ADP
cjal-3204	179	9	demanding	demand	VERB
cjal-3204	179	10	payment	payment	NOUN
cjal-3204	179	11	only	only	ADV
cjal-3204	179	12	if	if	SCONJ
cjal-3204	179	13	the	the	DET
cjal-3204	179	14	proposed	propose	VERB
cjal-3204	179	15	purchaser	purchaser	NOUN
cjal-3204	179	16	's	's	PART
cjal-3204	179	17	credit	credit	NOUN
cjal-3204	179	18	or	or	CCONJ
cjal-3204	179	19	income	income	NOUN
cjal-3204	179	20	is	be	AUX
cjal-3204	179	21	unacceptable	unacceptable	ADJ
cjal-3204	179	22	,	,	PUNCT
cjal-3204	179	23	and	and	CCONJ
cjal-3204	179	24	not	not	PART
cjal-3204	179	25	to	to	PART
cjal-3204	179	26	permit	permit	VERB
cjal-3204	179	27	the	the	DET
cjal-3204	179	28	lender	lender	NOUN
cjal-3204	179	29	to	to	PART
cjal-3204	179	30	demand	demand	VERB
cjal-3204	179	31	payment	payment	NOUN
cjal-3204	179	32	because	because	SCONJ
cjal-3204	179	33	market	market	NOUN
cjal-3204	179	34	interest	interest	NOUN
cjal-3204	179	35	rates	rate	NOUN
cjal-3204	179	36	have	have	AUX
cjal-3204	179	37	risen	rise	VERB
cjal-3204	179	38	since	since	SCONJ
cjal-3204	179	39	the	the	DET
cjal-3204	179	40	loan	loan	NOUN
cjal-3204	179	41	was	be	AUX
cjal-3204	179	42	made	make	VERB
cjal-3204	179	43	.	.	PUNCT
cjal-3204	180	1	21	21	NUM
cjal-3204	180	2	.	.	PUNCT
cjal-3204	181	1	see	see	VERB
cjal-3204	181	2	nelson	nelson	PROPN
cjal-3204	181	3	&	&	CCONJ
cjal-3204	181	4	whitman	whitman	PROPN
cjal-3204	181	5	,	,	PUNCT
cjal-3204	181	6	supra	supra	PROPN
cjal-3204	181	7	note	note	PROPN
cjal-3204	181	8	1	1	NUM
cjal-3204	181	9	,	,	PUNCT
cjal-3204	181	10	at	at	ADP
cjal-3204	181	11	§	§	PROPN
cjal-3204	181	12	5.2	5.2	NUM
cjal-3204	181	13	.	.	PUNCT
cjal-3204	182	1	22	22	NUM
cjal-3204	182	2	.	.	PUNCT
cjal-3204	183	1	a	a	DET
cjal-3204	183	2	variation	variation	NOUN
cjal-3204	183	3	of	of	ADP
cjal-3204	183	4	the	the	DET
cjal-3204	183	5	scheme	scheme	NOUN
cjal-3204	183	6	described	describe	VERB
cjal-3204	183	7	in	in	ADP
cjal-3204	183	8	the	the	DET
cjal-3204	183	9	text	text	NOUN
cjal-3204	183	10	is	be	AUX
cjal-3204	183	11	the	the	DET
cjal-3204	183	12	"	"	PUNCT
cjal-3204	183	13	%	%	INTJ
cjal-3204	183	14	mwap	mwap	NOUN
cjal-3204	183	15	-	-	PUNCT
cjal-3204	183	16	around	around	ADP
cjal-3204	183	17	sale	sale	NOUN
cjal-3204	183	18	,	,	PUNCT
cjal-3204	183	19	"	"	PUNCT
cjal-3204	183	20	in	in	ADP
cjal-3204	183	21	which	which	PRON
cjal-3204	183	22	the	the	DET
cjal-3204	183	23	buyer	buyer	NOUN
cjal-3204	183	24	does	do	AUX
cjal-3204	183	25	not	not	PART
cjal-3204	183	26	pay	pay	VERB
cjal-3204	183	27	all	all	DET
cjal-3204	183	28	cash	cash	NOUN
cjal-3204	183	29	for	for	ADP
cjal-3204	183	30	the	the	DET
cjal-3204	183	31	property	property	NOUN
cjal-3204	183	32	,	,	PUNCT
cjal-3204	183	33	but	but	CCONJ
cjal-3204	183	34	instead	instead	ADV
cjal-3204	183	35	enters	enter	VERB
cjal-3204	183	36	into	into	ADP
cjal-3204	183	37	a	a	DET
cjal-3204	183	38	note	note	NOUN
cjal-3204	183	39	or	or	CCONJ
cjal-3204	183	40	contract	contract	NOUN
cjal-3204	183	41	agreeing	agree	VERB
cjal-3204	183	42	to	to	PART
cjal-3204	183	43	pay	pay	VERB
cjal-3204	183	44	the	the	DET
cjal-3204	183	45	purchase	purchase	NOUN
cjal-3204	183	46	price	price	NOUN
cjal-3204	183	47	over	over	ADP
cjal-3204	183	48	time	time	NOUN
cjal-3204	183	49	.	.	PUNCT
cjal-3204	184	1	in	in	ADP
cjal-3204	184	2	this	this	DET
cjal-3204	184	3	setting	set	VERB
cjal-3204	184	4	the	the	DET
cjal-3204	184	5	seller	seller	NOUN
cjal-3204	184	6	will	will	AUX
cjal-3204	184	7	typically	typically	ADV
cjal-3204	184	8	receive	receive	VERB
cjal-3204	184	9	a	a	DET
cjal-3204	184	10	payment	payment	NOUN
cjal-3204	184	11	each	each	DET
cjal-3204	184	12	month	month	NOUN
cjal-3204	184	13	from	from	ADP
cjal-3204	184	14	the	the	DET
cjal-3204	184	15	buyer	buyer	NOUN
cjal-3204	184	16	,	,	PUNCT
cjal-3204	184	17	and	and	CCONJ
cjal-3204	184	18	will	will	AUX
cjal-3204	184	19	also	also	ADV
cjal-3204	184	20	make	make	VERB
cjal-3204	184	21	a	a	DET
cjal-3204	184	22	payment	payment	NOUN
cjal-3204	184	23	each	each	DET
cjal-3204	184	24	month	month	NOUN
cjal-3204	184	25	on	on	ADP
cjal-3204	184	26	the	the	DET
cjal-3204	184	27	underlying	underlie	VERB
cjal-3204	184	28	loan	loan	NOUN
cjal-3204	184	29	.	.	PUNCT
cjal-3204	185	1	this	this	DET
cjal-3204	185	2	method	method	NOUN
cjal-3204	185	3	of	of	ADP
cjal-3204	185	4	sale	sale	NOUN
cjal-3204	185	5	is	be	AUX
cjal-3204	185	6	also	also	ADV
cjal-3204	185	7	risky	risky	ADJ
cjal-3204	185	8	to	to	ADP
cjal-3204	185	9	the	the	DET
cjal-3204	185	10	buyer	buyer	NOUN
cjal-3204	185	11	for	for	ADP
cjal-3204	185	12	the	the	DET
cjal-3204	185	13	reason	reason	NOUN
cjal-3204	185	14	mentioned	mention	VERB
cjal-3204	185	15	in	in	ADP
cjal-3204	185	16	the	the	DET
cjal-3204	185	17	text	text	NOUN
cjal-3204	185	18	,	,	PUNCT
cjal-3204	185	19	but	but	CCONJ
cjal-3204	185	20	at	at	ADP
cjal-3204	185	21	least	least	ADJ
cjal-3204	185	22	has	have	VERB
cjal-3204	185	23	the	the	DET
cjal-3204	185	24	advantage	advantage	NOUN
cjal-3204	185	25	that	that	SCONJ
cjal-3204	185	26	the	the	DET
cjal-3204	185	27	buyer	buyer	NOUN
cjal-3204	185	28	has	have	AUX
cjal-3204	185	29	not	not	PART
cjal-3204	185	30	invested	invest	VERB
cjal-3204	185	31	the	the	DET
cjal-3204	185	32	entire	entire	ADJ
cjal-3204	185	33	value	value	NOUN
cjal-3204	185	34	of	of	ADP
cjal-3204	185	35	the	the	DET
cjal-3204	185	36	property	property	NOUN
cjal-3204	185	37	at	at	ADP
cjal-3204	185	38	the	the	DET
cjal-3204	185	39	outset	outset	NOUN
cjal-3204	185	40	.	.	PUNCT
cjal-3204	186	1	in	in	ADP
cjal-3204	186	2	%	%	NOUN
cjal-3204	186	3	taparound	taparound	ADJ
cjal-3204	186	4	"	"	PUNCT
cjal-3204	186	5	transactions	transaction	NOUN
cjal-3204	186	6	,	,	PUNCT
cjal-3204	186	7	ivise	ivise	NOUN
cjal-3204	186	8	buyers	buyer	NOUN
cjal-3204	186	9	take	take	VERB
cjal-3204	186	10	precautions	precaution	NOUN
cjal-3204	186	11	to	to	PART
cjal-3204	186	12	ensure	ensure	VERB
cjal-3204	186	13	that	that	SCONJ
cjal-3204	186	14	,	,	PUNCT
cjal-3204	186	15	when	when	SCONJ
cjal-3204	186	16	they	they	PRON
cjal-3204	186	17	make	make	VERB
cjal-3204	186	18	their	their	PRON
cjal-3204	186	19	payments	payment	NOUN
cjal-3204	186	20	to	to	ADP
cjal-3204	186	21	the	the	DET
cjal-3204	186	22	seller	seller	NOUN
cjal-3204	186	23	,	,	PUNCT
cjal-3204	186	24	the	the	DET
cjal-3204	186	25	seller	seller	NOUN
cjal-3204	186	26	's	's	PART
cjal-3204	186	27	corresponding	corresponding	ADJ
cjal-3204	186	28	payments	payment	NOUN
cjal-3204	186	29	on	on	ADP
cjal-3204	186	30	the	the	DET
cjal-3204	186	31	underlying	underlie	VERB
cjal-3204	186	32	mortgage	mortgage	NOUN
cjal-3204	186	33	loan	loan	NOUN
cjal-3204	186	34	will	will	AUX
cjal-3204	186	35	be	be	AUX
cjal-3204	186	36	made	make	VERB
cjal-3204	186	37	.	.	PUNCT
cjal-3204	187	1	one	one	NUM
cjal-3204	187	2	way	way	NOUN
cjal-3204	187	3	to	to	PART
cjal-3204	187	4	do	do	VERB
cjal-3204	187	5	this	this	PRON
cjal-3204	187	6	has	have	VERB
cjal-3204	187	7	the	the	DET
cjal-3204	187	8	buyer	buyer	NOUN
cjal-3204	187	9	make	make	VERB
cjal-3204	187	10	her	she	PRON
cjal-3204	187	11	or	or	CCONJ
cjal-3204	187	12	his	his	PRON
cjal-3204	187	13	payment	payment	NOUN
cjal-3204	187	14	into	into	ADP
cjal-3204	187	15	an	an	DET
cjal-3204	187	16	escrow	escrow	NOUN
cjal-3204	187	17	account	account	NOUN
cjal-3204	187	18	held	hold	VERB
cjal-3204	187	19	by	by	ADP
cjal-3204	187	20	an	an	DET
cjal-3204	187	21	independent	independent	ADJ
cjal-3204	187	22	third	third	ADJ
cjal-3204	187	23	party	party	NOUN
cjal-3204	187	24	,	,	PUNCT
cjal-3204	187	25	who	who	PRON
cjal-3204	187	26	will	will	AUX
cjal-3204	187	27	then	then	ADV
cjal-3204	187	28	disburse	disburse	VERB
cjal-3204	187	29	the	the	DET
cjal-3204	187	30	payment	payment	NOUN
cjal-3204	187	31	on	on	ADP
cjal-3204	187	32	the	the	DET
cjal-3204	187	33	underlying	underlie	VERB
cjal-3204	187	34	loan	loan	NOUN
cjal-3204	187	35	and	and	CCONJ
cjal-3204	187	36	forward	forward	ADV
cjal-3204	187	37	the	the	DET
cjal-3204	187	38	remainder	remainder	NOUN
cjal-3204	187	39	of	of	ADP
cjal-3204	187	40	the	the	DET
cjal-3204	187	41	funds	fund	NOUN
cjal-3204	187	42	to	to	ADP
cjal-3204	187	43	the	the	DET
cjal-3204	187	44	seller	seller	NOUN
cjal-3204	187	45	each	each	DET
cjal-3204	187	46	month	month	NOUN
cjal-3204	187	47	.	.	PUNCT
cjal-3204	188	1	see	see	VERB
cjal-3204	188	2	generally	generally	ADV
cjal-3204	188	3	nelson	nelson	PROPN
cjal-3204	188	4	&	&	CCONJ
cjal-3204	188	5	whitman	whitman	PROPN
cjal-3204	188	6	,	,	PUNCT
cjal-3204	188	7	supra	supra	PROPN
cjal-3204	188	8	note	note	VERB
cjal-3204	189	1	i	i	PRON
cjal-3204	189	2	,	,	PUNCT
cjal-3204	189	3	at	at	ADP
cjal-3204	189	4	§	§	PROPN
cjal-3204	189	5	9.8	9.8	NUM
cjal-3204	189	6	;	;	PUNCT
cjal-3204	189	7	st	st	PROPN
cjal-3204	189	8	.	.	PROPN
cjal-3204	189	9	claire	claire	PROPN
cjal-3204	189	10	,	,	PUNCT
cjal-3204	189	11	wraparound	wraparound	NOUN
cjal-3204	189	12	mortgage	mortgage	NOUN
cjal-3204	189	13	problems	problem	NOUN
cjal-3204	189	14	in	in	ADP
cjal-3204	189	15	nonjudicial	nonjudicial	ADJ
cjal-3204	189	16	forcelosures	forcelosure	NOUN
cjal-3204	189	17	,	,	PUNCT
cjal-3204	189	18	20	20	NUM
cjal-3204	189	19	rfl	rfl	PROPN
cjal-3204	189	20	est	est	PROPN
cjal-3204	189	21	.	.	PUNCT
cjal-3204	190	1	l.	l.	PROPN
cjal-3204	190	2	j.	j.	PROPN
cjal-3204	190	3	221	221	NUM
cjal-3204	190	4	(	(	PUNCT
cjal-3204	190	5	1992	1992	NUM
cjal-3204	190	6	)	)	PUNCT
cjal-3204	190	7	;	;	PUNCT
cjal-3204	190	8	notes	note	NOUN
cjal-3204	190	9	,	,	PUNCT
cjal-3204	190	10	47	47	NUM
cjal-3204	190	11	wash	wash	NOUN
cjal-3204	190	12	.	.	PUNCT
cjal-3204	190	13	&	&	CCONJ
cjal-3204	190	14	lee	lee	PROPN
cjal-3204	190	15	l.	l.	PROPN
cjal-3204	190	16	rev	rev	PROPN
cjal-3204	190	17	.	.	PROPN
cjal-3204	190	18	1059	1059	NUM
cjal-3204	190	19	(	(	PUNCT
cjal-3204	190	20	1990	1990	NUM
cjal-3204	190	21	)	)	PUNCT
cjal-3204	190	22	;	;	PUNCT
cjal-3204	190	23	21	21	NUM
cjal-3204	190	24	tex	tex	PROPN
cjal-3204	190	25	.	.	PROPN
cjal-3204	190	26	techi	techi	PROPN
cjal-3204	190	27	.	.	PUNCT
cjal-3204	191	1	l.	l.	PROPN
cjal-3204	191	2	rev	rev	PROPN
cjal-3204	191	3	.	.	PROPN
cjal-3204	191	4	873	873	NUM
cjal-3204	191	5	(	(	PUNCT
cjal-3204	191	6	1990	1990	NUM
cjal-3204	191	7	)	)	PUNCT
cjal-3204	191	8	;	;	PUNCT
cjal-3204	191	9	51	51	NUM
cjal-3204	191	10	tex	tex	PROPN
cjal-3204	191	11	.	.	PROPN
cjal-3204	191	12	b.	b.	PROPN
cjal-3204	191	13	j.	j.	PROPN
cjal-3204	191	14	l.	l.	PROPN
cjal-3204	191	15	1051	1051	NUM
cjal-3204	191	16	(	(	PUNCT
cjal-3204	191	17	1988	1988	NUM
cjal-3204	191	18	)	)	PUNCT
cjal-3204	191	19	.	.	PUNCT
cjal-3204	192	1	23	23	NUM
cjal-3204	192	2	.	.	PUNCT
cjal-3204	193	1	the	the	DET
cjal-3204	193	2	notable	notable	ADJ
cjal-3204	193	3	exception	exception	NOUN
cjal-3204	193	4	is	be	AUX
cjal-3204	193	5	california	california	PROPN
cjal-3204	193	6	,	,	PUNCT
cjal-3204	193	7	where	where	SCONJ
cjal-3204	193	8	debtors	debtor	NOUN
cjal-3204	193	9	on	on	ADP
cjal-3204	193	10	purchase	purchase	NOUN
cjal-3204	193	11	money	money	NOUN
cjal-3204	193	12	mortgages	mortgage	NOUN
cjal-3204	193	13	are	be	AUX
cjal-3204	193	14	exempt	exempt	ADJ
cjal-3204	193	15	from	from	ADP
cjal-3204	193	16	deficiency	deficiency	NOUN
cjal-3204	193	17	liability	liability	NOUN
cjal-3204	193	18	.	.	PUNCT
cjal-3204	194	1	see	see	VERB
cjal-3204	194	2	nelson	nelson	PROPN
cjal-3204	194	3	&	&	CCONJ
cjal-3204	194	4	whitman	whitman	PROPN
cjal-3204	194	5	,	,	PUNCT
cjal-3204	194	6	supra	supra	PROPN
cjal-3204	194	7	note	note	PROPN
cjal-3204	194	8	1	1	NUM
cjal-3204	194	9	,	,	PUNCT
cjal-3204	194	10	at	at	ADP
cjal-3204	194	11	§	§	PROPN
cjal-3204	194	12	8.3	8.3	NUM
cjal-3204	194	13	.	.	PUNCT
cjal-3204	195	1	in	in	ADP
cjal-3204	195	2	addition	addition	NOUN
cjal-3204	195	3	,	,	PUNCT
cjal-3204	195	4	20011	20011	NUM
cjal-3204	195	5	columbia	columbia	PROPN
cjal-3204	195	6	journal	journal	PROPN
cjal-3204	195	7	of	of	ADP
cjal-3204	195	8	asian	asian	ADJ
cjal-3204	195	9	law	law	NOUN
cjal-3204	195	10	most	most	ADJ
cjal-3204	195	11	mortgage	mortgage	NOUN
cjal-3204	195	12	debtors	debtor	NOUN
cjal-3204	195	13	are	be	AUX
cjal-3204	195	14	personally	personally	ADV
cjal-3204	195	15	liable	liable	ADJ
cjal-3204	195	16	on	on	ADP
cjal-3204	195	17	their	their	PRON
cjal-3204	195	18	debts	debt	NOUN
cjal-3204	195	19	,	,	PUNCT
cjal-3204	195	20	and	and	CCONJ
cjal-3204	195	21	may	may	AUX
cjal-3204	195	22	be	be	AUX
cjal-3204	195	23	subjected	subject	VERB
cjal-3204	195	24	either	either	ADV
cjal-3204	195	25	for	for	ADP
cjal-3204	195	26	a	a	DET
cjal-3204	195	27	judgment	judgment	NOUN
cjal-3204	195	28	for	for	ADP
cjal-3204	195	29	the	the	DET
cjal-3204	195	30	entire	entire	ADJ
cjal-3204	195	31	amount	amount	NOUN
cjal-3204	195	32	(	(	PUNCT
cjal-3204	195	33	if	if	SCONJ
cjal-3204	195	34	the	the	DET
cjal-3204	195	35	lender	lender	NOUN
cjal-3204	195	36	does	do	AUX
cjal-3204	195	37	not	not	PART
cjal-3204	195	38	foreclose	foreclose	VERB
cjal-3204	195	39	the	the	DET
cjal-3204	195	40	mortgage	mortgage	NOUN
cjal-3204	195	41	first	first	ADV
cjal-3204	195	42	)	)	PUNCT
cjal-3204	195	43	or	or	CCONJ
cjal-3204	195	44	for	for	ADP
cjal-3204	195	45	the	the	DET
cjal-3204	195	46	deficiency	deficiency	NOUN
cjal-3204	195	47	or	or	CCONJ
cjal-3204	195	48	remaining	remain	VERB
cjal-3204	195	49	indebtedness	indebtedness	NOUN
cjal-3204	195	50	(	(	PUNCT
cjal-3204	195	51	if	if	SCONJ
cjal-3204	195	52	the	the	DET
cjal-3204	195	53	lender	lender	NOUN
cjal-3204	195	54	forecloses	foreclose	VERB
cjal-3204	195	55	first	first	ADV
cjal-3204	195	56	but	but	CCONJ
cjal-3204	195	57	does	do	AUX
cjal-3204	195	58	not	not	PART
cjal-3204	195	59	receive	receive	VERB
cjal-3204	195	60	a	a	DET
cjal-3204	195	61	sufficient	sufficient	ADJ
cjal-3204	195	62	sum	sum	NOUN
cjal-3204	195	63	from	from	ADP
cjal-3204	195	64	the	the	DET
cjal-3204	195	65	foreclosure	foreclosure	NOUN
cjal-3204	195	66	to	to	PART
cjal-3204	195	67	pay	pay	VERB
cjal-3204	195	68	the	the	DET
cjal-3204	195	69	debt	debt	NOUN
cjal-3204	195	70	in	in	ADP
cjal-3204	195	71	full	full	ADJ
cjal-3204	195	72	)	)	PUNCT
cjal-3204	195	73	.	.	PUNCT
cjal-3204	196	1	it	it	PRON
cjal-3204	196	2	is	be	AUX
cjal-3204	196	3	possible	possible	ADJ
cjal-3204	196	4	for	for	SCONJ
cjal-3204	196	5	the	the	DET
cjal-3204	196	6	lender	lender	NOUN
cjal-3204	196	7	and	and	CCONJ
cjal-3204	196	8	borrower	borrower	NOUN
cjal-3204	196	9	to	to	PART
cjal-3204	196	10	agree	agree	VERB
cjal-3204	196	11	,	,	PUNCT
cjal-3204	196	12	at	at	ADP
cjal-3204	196	13	the	the	DET
cjal-3204	196	14	time	time	NOUN
cjal-3204	196	15	the	the	DET
cjal-3204	196	16	loan	loan	NOUN
cjal-3204	196	17	is	be	AUX
cjal-3204	196	18	made	make	VERB
cjal-3204	196	19	,	,	PUNCT
cjal-3204	196	20	that	that	SCONJ
cjal-3204	196	21	the	the	DET
cjal-3204	196	22	borrower	borrower	NOUN
cjal-3204	196	23	will	will	AUX
cjal-3204	196	24	have	have	VERB
cjal-3204	196	25	no	no	PRON
cjal-3204	196	26	(	(	PUNCT
cjal-3204	196	27	or	or	CCONJ
cjal-3204	196	28	only	only	ADV
cjal-3204	196	29	limited	limited	ADJ
cjal-3204	196	30	)	)	PUNCT
cjal-3204	196	31	personal	personal	ADJ
cjal-3204	196	32	liability	liability	NOUN
cjal-3204	196	33	.	.	PUNCT
cjal-3204	197	1	such	such	ADJ
cjal-3204	197	2	loans	loan	NOUN
cjal-3204	197	3	are	be	AUX
cjal-3204	197	4	termed	term	VERB
cjal-3204	197	5	"	"	PUNCT
cjal-3204	197	6	non	non	ADJ
cjal-3204	197	7	-	-	ADJ
cjal-3204	197	8	recourse	recourse	ADJ
cjal-3204	197	9	"	"	PUNCT
cjal-3204	197	10	loans.24	loans.24	NOUN
cjal-3204	197	11	it	it	PRON
cjal-3204	197	12	is	be	AUX
cjal-3204	197	13	fairly	fairly	ADV
cjal-3204	197	14	common	common	ADJ
cjal-3204	197	15	for	for	SCONJ
cjal-3204	197	16	mortgage	mortgage	NOUN
cjal-3204	197	17	loans	loan	NOUN
cjal-3204	197	18	on	on	ADP
cjal-3204	197	19	commercial	commercial	ADJ
cjal-3204	197	20	real	real	ADJ
cjal-3204	197	21	estate	estate	NOUN
cjal-3204	197	22	in	in	ADP
cjal-3204	197	23	the	the	DET
cjal-3204	197	24	united	united	PROPN
cjal-3204	197	25	states	states	PROPN
cjal-3204	197	26	to	to	PART
cjal-3204	197	27	contain	contain	VERB
cjal-3204	197	28	"	"	PUNCT
cjal-3204	197	29	non	non	ADJ
cjal-3204	197	30	-	-	ADJ
cjal-3204	197	31	recourse	recourse	ADJ
cjal-3204	197	32	"	"	PUNCT
cjal-3204	197	33	clauses	clause	NOUN
cjal-3204	197	34	.	.	PUNCT
cjal-3204	198	1	however	however	ADV
cjal-3204	198	2	,	,	PUNCT
cjal-3204	198	3	residential	residential	ADJ
cjal-3204	198	4	loans	loan	NOUN
cjal-3204	198	5	,	,	PUNCT
cjal-3204	198	6	secured	secure	VERB
cjal-3204	198	7	by	by	ADP
cjal-3204	198	8	one	one	NUM
cjal-3204	198	9	-	-	PUNCT
cjal-3204	198	10	to	to	ADP
cjal-3204	198	11	-	-	PUNCT
cjal-3204	198	12	four	four	NUM
cjal-3204	198	13	-	-	PUNCT
cjal-3204	198	14	family	family	NOUN
cjal-3204	198	15	homes	home	NOUN
cjal-3204	198	16	,	,	PUNCT
cjal-3204	198	17	almost	almost	ADV
cjal-3204	198	18	never	never	ADV
cjal-3204	198	19	contain	contain	VERB
cjal-3204	198	20	such	such	ADJ
cjal-3204	198	21	clauses	clause	NOUN
cjal-3204	198	22	,	,	PUNCT
cjal-3204	198	23	and	and	CCONJ
cjal-3204	198	24	hence	hence	ADV
cjal-3204	198	25	give	give	VERB
cjal-3204	198	26	rise	rise	NOUN
cjal-3204	198	27	to	to	ADP
cjal-3204	198	28	personal	personal	ADJ
cjal-3204	198	29	liability	liability	NOUN
cjal-3204	198	30	on	on	ADP
cjal-3204	198	31	the	the	DET
cjal-3204	198	32	part	part	NOUN
cjal-3204	198	33	of	of	ADP
cjal-3204	198	34	the	the	DET
cjal-3204	198	35	borrower	borrower	NOUN
cjal-3204	198	36	.	.	PUNCT
cjal-3204	199	1	in	in	ADP
cjal-3204	199	2	the	the	DET
cjal-3204	199	3	absence	absence	NOUN
cjal-3204	199	4	of	of	ADP
cjal-3204	199	5	a	a	DET
cjal-3204	199	6	non	non	ADJ
cjal-3204	199	7	-	-	ADJ
cjal-3204	199	8	recourse	recourse	ADJ
cjal-3204	199	9	clause	clause	NOUN
cjal-3204	199	10	,	,	PUNCT
cjal-3204	199	11	the	the	DET
cjal-3204	199	12	two	two	NUM
cjal-3204	199	13	questions	question	NOUN
cjal-3204	199	14	raised	raise	VERB
cjal-3204	199	15	at	at	ADP
cjal-3204	199	16	the	the	DET
cjal-3204	199	17	beginning	beginning	NOUN
cjal-3204	199	18	of	of	ADP
cjal-3204	199	19	this	this	DET
cjal-3204	199	20	paragraph	paragraph	NOUN
cjal-3204	199	21	are	be	AUX
cjal-3204	199	22	both	both	ADV
cjal-3204	199	23	relevant	relevant	ADJ
cjal-3204	199	24	:	:	PUNCT
cjal-3204	199	25	when	when	SCONJ
cjal-3204	199	26	the	the	DET
cjal-3204	199	27	real	real	ADJ
cjal-3204	199	28	estate	estate	NOUN
cjal-3204	199	29	is	be	AUX
cjal-3204	199	30	sold	sell	VERB
cjal-3204	199	31	and	and	CCONJ
cjal-3204	199	32	the	the	DET
cjal-3204	199	33	mortgage	mortgage	NOUN
cjal-3204	199	34	continues	continue	VERB
cjal-3204	199	35	in	in	ADP
cjal-3204	199	36	effect	effect	NOUN
cjal-3204	199	37	,	,	PUNCT
cjal-3204	199	38	does	do	AUX
cjal-3204	199	39	the	the	DET
cjal-3204	199	40	purchaser	purchaser	NOUN
cjal-3204	199	41	become	become	VERB
cjal-3204	199	42	personally	personally	ADV
cjal-3204	199	43	liable	liable	ADJ
cjal-3204	199	44	and	and	CCONJ
cjal-3204	199	45	does	do	AUX
cjal-3204	199	46	the	the	DET
cjal-3204	199	47	seller	seller	NOUN
cjal-3204	199	48	remain	remain	VERB
cjal-3204	199	49	liable	liable	ADJ
cjal-3204	199	50	?	?	PUNCT
cjal-3204	200	1	under	under	ADP
cjal-3204	200	2	american	american	ADJ
cjal-3204	200	3	law	law	NOUN
cjal-3204	200	4	,	,	PUNCT
cjal-3204	200	5	the	the	DET
cjal-3204	200	6	answer	answer	NOUN
cjal-3204	200	7	to	to	ADP
cjal-3204	200	8	the	the	DET
cjal-3204	200	9	first	first	ADJ
cjal-3204	200	10	question	question	NOUN
cjal-3204	200	11	(	(	PUNCT
cjal-3204	200	12	the	the	DET
cjal-3204	200	13	personal	personal	ADJ
cjal-3204	200	14	liability	liability	NOUN
cjal-3204	200	15	of	of	ADP
cjal-3204	200	16	the	the	DET
cjal-3204	200	17	purchaser	purchaser	NOUN
cjal-3204	200	18	of	of	ADP
cjal-3204	200	19	the	the	DET
cjal-3204	200	20	real	real	ADJ
cjal-3204	200	21	estate	estate	NOUN
cjal-3204	200	22	)	)	PUNCT
cjal-3204	200	23	depends	depend	VERB
cjal-3204	200	24	on	on	ADP
cjal-3204	200	25	the	the	DET
cjal-3204	200	26	agreement	agreement	NOUN
cjal-3204	200	27	of	of	ADP
cjal-3204	200	28	the	the	DET
cjal-3204	200	29	parties	party	NOUN
cjal-3204	200	30	the	the	DET
cjal-3204	200	31	purchaser	purchaser	NOUN
cjal-3204	200	32	and	and	CCONJ
cjal-3204	200	33	seller	seller	NOUN
cjal-3204	200	34	although	although	SCONJ
cjal-3204	200	35	the	the	DET
cjal-3204	200	36	mortgage	mortgage	NOUN
cjal-3204	200	37	lender	lender	NOUN
cjal-3204	200	38	may	may	AUX
cjal-3204	200	39	play	play	VERB
cjal-3204	200	40	a	a	DET
cjal-3204	200	41	major	major	ADJ
cjal-3204	200	42	role	role	NOUN
cjal-3204	200	43	in	in	ADP
cjal-3204	200	44	the	the	DET
cjal-3204	200	45	decision	decision	NOUN
cjal-3204	200	46	.	.	PUNCT
cjal-3204	201	1	if	if	SCONJ
cjal-3204	201	2	the	the	DET
cjal-3204	201	3	buyer	buyer	NOUN
cjal-3204	201	4	"	"	PUNCT
cjal-3204	201	5	assumes	assume	VERB
cjal-3204	201	6	"	"	PUNCT
cjal-3204	201	7	the	the	DET
cjal-3204	201	8	mortgage	mortgage	NOUN
cjal-3204	201	9	debt	debt	NOUN
cjal-3204	201	10	by	by	ADP
cjal-3204	201	11	promising	promise	VERB
cjal-3204	201	12	the	the	DET
cjal-3204	201	13	seller	seller	NOUN
cjal-3204	201	14	to	to	PART
cjal-3204	201	15	make	make	VERB
cjal-3204	201	16	the	the	DET
cjal-3204	201	17	payments	payment	NOUN
cjal-3204	201	18	as	as	SCONJ
cjal-3204	201	19	they	they	PRON
cjal-3204	201	20	fall	fall	VERB
cjal-3204	201	21	due,25	due,25	PROPN
cjal-3204	201	22	then	then	ADV
cjal-3204	201	23	the	the	DET
cjal-3204	201	24	buyer	buyer	NOUN
cjal-3204	201	25	becomes	become	VERB
cjal-3204	201	26	personally	personally	ADV
cjal-3204	201	27	liable	liable	ADJ
cjal-3204	201	28	to	to	ADP
cjal-3204	201	29	the	the	DET
cjal-3204	201	30	mortgage	mortgage	NOUN
cjal-3204	201	31	lender	lender	NOUN
cjal-3204	201	32	as	as	ADV
cjal-3204	201	33	well	well	ADV
cjal-3204	201	34	.	.	PUNCT
cjal-3204	202	1	the	the	DET
cjal-3204	202	2	usual	usual	ADJ
cjal-3204	202	3	theory	theory	NOUN
cjal-3204	202	4	is	be	AUX
cjal-3204	202	5	that	that	SCONJ
cjal-3204	202	6	the	the	DET
cjal-3204	202	7	mortgagee	mortgagee	NOUN
cjal-3204	202	8	is	be	AUX
cjal-3204	202	9	the	the	DET
cjal-3204	202	10	third	third	ADJ
cjal-3204	202	11	party	party	NOUN
cjal-3204	202	12	beneficiary	beneficiary	NOUN
cjal-3204	202	13	of	of	ADP
cjal-3204	202	14	the	the	DET
cjal-3204	202	15	buyer	buyer	NOUN
cjal-3204	202	16	's	's	PART
cjal-3204	202	17	assumption	assumption	NOUN
cjal-3204	202	18	agreement	agreement	NOUN
cjal-3204	202	19	,	,	PUNCT
cjal-3204	202	20	even	even	ADV
cjal-3204	202	21	if	if	SCONJ
cjal-3204	202	22	the	the	DET
cjal-3204	202	23	mortgagee	mortgagee	NOUN
cjal-3204	202	24	was	be	AUX
cjal-3204	202	25	not	not	PART
cjal-3204	202	26	directly	directly	ADV
cjal-3204	202	27	a	a	DET
cjal-3204	202	28	party	party	NOUN
cjal-3204	202	29	to	to	ADP
cjal-3204	202	30	that	that	DET
cjal-3204	202	31	agreement.26	agreement.26	NOUN
cjal-3204	202	32	on	on	ADP
cjal-3204	202	33	the	the	DET
cjal-3204	202	34	other	other	ADJ
cjal-3204	202	35	hand	hand	NOUN
cjal-3204	202	36	,	,	PUNCT
cjal-3204	202	37	if	if	SCONJ
cjal-3204	202	38	the	the	DET
cjal-3204	202	39	buyer	buyer	NOUN
cjal-3204	202	40	gives	give	VERB
cjal-3204	202	41	no	no	DET
cjal-3204	202	42	"	"	PUNCT
cjal-3204	202	43	assumption	assumption	NOUN
cjal-3204	202	44	"	"	PUNCT
cjal-3204	202	45	promise	promise	NOUN
cjal-3204	202	46	,	,	PUNCT
cjal-3204	202	47	he	he	PRON
cjal-3204	202	48	or	or	CCONJ
cjal-3204	202	49	she	she	PRON
cjal-3204	202	50	undertakes	undertake	VERB
cjal-3204	202	51	no	no	DET
cjal-3204	202	52	personal	personal	ADJ
cjal-3204	202	53	liability	liability	NOUN
cjal-3204	202	54	.	.	PUNCT
cjal-3204	203	1	such	such	DET
cjal-3204	203	2	a	a	DET
cjal-3204	203	3	buyer	buyer	NOUN
cjal-3204	203	4	is	be	AUX
cjal-3204	203	5	said	say	VERB
cjal-3204	203	6	to	to	PART
cjal-3204	203	7	have	have	AUX
cjal-3204	203	8	taken	take	VERB
cjal-3204	203	9	"	"	PUNCT
cjal-3204	203	10	subject	subject	ADJ
cjal-3204	203	11	to	to	ADP
cjal-3204	203	12	"	"	PUNCT
cjal-3204	203	13	the	the	DET
cjal-3204	203	14	mortgage	mortgage	NOUN
cjal-3204	203	15	but	but	CCONJ
cjal-3204	203	16	not	not	PART
cjal-3204	203	17	to	to	PART
cjal-3204	203	18	have	have	AUX
cjal-3204	203	19	"	"	PUNCT
cjal-3204	203	20	assumed	assume	VERB
cjal-3204	203	21	"	"	PUNCT
cjal-3204	203	22	it	it	PRON
cjal-3204	203	23	.	.	PUNCT
cjal-3204	204	1	a	a	DET
cjal-3204	204	2	"	"	PUNCT
cjal-3204	204	3	subject	subject	NOUN
cjal-3204	204	4	to	to	ADP
cjal-3204	204	5	"	"	PUNCT
cjal-3204	204	6	buyer	buyer	NOUN
cjal-3204	204	7	,	,	PUNCT
cjal-3204	204	8	like	like	ADP
cjal-3204	204	9	one	one	NUM
cjal-3204	204	10	california	california	PROPN
cjal-3204	204	11	and	and	CCONJ
cjal-3204	204	12	a	a	DET
cjal-3204	204	13	few	few	ADJ
cjal-3204	204	14	other	other	ADJ
cjal-3204	204	15	states	state	NOUN
cjal-3204	204	16	have	have	VERB
cjal-3204	204	17	"	"	PUNCT
cjal-3204	204	18	one	one	NUM
cjal-3204	204	19	-	-	PUNCT
cjal-3204	204	20	action	action	NOUN
cjal-3204	204	21	"	"	PUNCT
cjal-3204	204	22	or	or	CCONJ
cjal-3204	204	23	"	"	PUNCT
cjal-3204	204	24	security	security	NOUN
cjal-3204	204	25	first	first	ADJ
cjal-3204	204	26	"	"	PUNCT
cjal-3204	204	27	rules	rule	NOUN
cjal-3204	204	28	that	that	PRON
cjal-3204	204	29	prevent	prevent	VERB
cjal-3204	204	30	a	a	DET
cjal-3204	204	31	mortgage	mortgage	NOUN
cjal-3204	204	32	lender	lender	NOUN
cjal-3204	204	33	from	from	ADP
cjal-3204	204	34	seeking	seek	VERB
cjal-3204	204	35	a	a	DET
cjal-3204	204	36	personal	personal	ADJ
cjal-3204	204	37	judgment	judgment	NOUN
cjal-3204	204	38	on	on	ADP
cjal-3204	204	39	the	the	DET
cjal-3204	204	40	debt	debt	NOUN
cjal-3204	204	41	prior	prior	ADV
cjal-3204	204	42	to	to	ADP
cjal-3204	204	43	foreclosure	foreclosure	NOUN
cjal-3204	204	44	of	of	ADP
cjal-3204	204	45	the	the	DET
cjal-3204	204	46	mortgage	mortgage	NOUN
cjal-3204	204	47	.	.	PUNCT
cjal-3204	205	1	i	i	PRON
cjal-3204	205	2	d.	d.	PROPN
cjal-3204	205	3	at	at	ADP
cjal-3204	205	4	§	§	PROPN
cjal-3204	205	5	8.2	8.2	NUM
cjal-3204	205	6	.	.	NOUN
cjal-3204	205	7	24	24	NUM
cjal-3204	205	8	.	.	PUNCT
cjal-3204	205	9	see	see	VERB
cjal-3204	205	10	gregory	gregory	PROPN
cjal-3204	205	11	m.	m.	PROPN
cjal-3204	205	12	stein	stein	PROPN
cjal-3204	205	13	,	,	PUNCT
cjal-3204	205	14	the	the	DET
cjal-3204	205	15	scope	scope	NOUN
cjal-3204	205	16	of	of	ADP
cjal-3204	205	17	the	the	DET
cjal-3204	205	18	borrower	borrower	NOUN
cjal-3204	205	19	's	's	PART
cjal-3204	205	20	liability	liability	NOUN
cjal-3204	205	21	in	in	ADP
cjal-3204	205	22	a	a	DET
cjal-3204	205	23	nonrecourse	nonrecourse	NOUN
cjal-3204	205	24	real	real	ADJ
cjal-3204	205	25	estate	estate	NOUN
cjal-3204	205	26	loan	loan	NOUN
cjal-3204	205	27	,	,	PUNCT
cjal-3204	205	28	55	55	NUM
cjal-3204	205	29	wash	wash	NOUN
cjal-3204	205	30	.	.	PUNCT
cjal-3204	206	1	&	&	CCONJ
cjal-3204	206	2	lee	lee	PROPN
cjal-3204	206	3	l.	l.	PROPN
cjal-3204	206	4	rev	rev	PROPN
cjal-3204	206	5	.	.	PROPN
cjal-3204	206	6	1207	1207	NUM
cjal-3204	206	7	(	(	PUNCT
cjal-3204	206	8	1998	1998	NUM
cjal-3204	206	9	)	)	PUNCT
cjal-3204	206	10	.	.	PUNCT
cjal-3204	207	1	even	even	ADV
cjal-3204	207	2	if	if	SCONJ
cjal-3204	207	3	there	there	PRON
cjal-3204	207	4	is	be	VERB
cjal-3204	207	5	a	a	DET
cjal-3204	207	6	non	non	ADJ
cjal-3204	207	7	-	-	ADJ
cjal-3204	207	8	recourse	recourse	ADJ
cjal-3204	207	9	clause	clause	NOUN
cjal-3204	207	10	,	,	PUNCT
cjal-3204	207	11	it	it	PRON
cjal-3204	207	12	will	will	AUX
cjal-3204	207	13	typically	typically	ADV
cjal-3204	207	14	be	be	AUX
cjal-3204	207	15	subject	subject	ADJ
cjal-3204	207	16	to	to	ADP
cjal-3204	207	17	a	a	DET
cjal-3204	207	18	lengthy	lengthy	ADJ
cjal-3204	207	19	list	list	NOUN
cjal-3204	207	20	of	of	ADP
cjal-3204	207	21	"	"	PUNCT
cjal-3204	207	22	carve	carve	NOUN
cjal-3204	207	23	-	-	PUNCT
cjal-3204	207	24	outs	out	NOUN
cjal-3204	207	25	"	"	PUNCT
cjal-3204	207	26	situations	situation	NOUN
cjal-3204	207	27	in	in	ADP
cjal-3204	207	28	which	which	PRON
cjal-3204	207	29	personal	personal	ADJ
cjal-3204	207	30	recourse	recourse	NOUN
cjal-3204	207	31	against	against	ADP
cjal-3204	207	32	the	the	DET
cjal-3204	207	33	borrower	borrower	NOUN
cjal-3204	207	34	(	(	PUNCT
cjal-3204	207	35	and	and	CCONJ
cjal-3204	207	36	perhaps	perhaps	ADV
cjal-3204	207	37	one	one	NUM
cjal-3204	207	38	or	or	CCONJ
cjal-3204	207	39	more	more	ADJ
cjal-3204	207	40	guarantors	guarantor	NOUN
cjal-3204	207	41	)	)	PUNCT
cjal-3204	207	42	will	will	AUX
cjal-3204	207	43	exist	exist	VERB
cjal-3204	207	44	.	.	PUNCT
cjal-3204	208	1	the	the	DET
cjal-3204	208	2	carve	carve	NOUN
cjal-3204	208	3	-	-	PUNCT
cjal-3204	208	4	outs	out	NOUN
cjal-3204	208	5	usually	usually	ADV
cjal-3204	208	6	include	include	VERB
cjal-3204	208	7	liability	liability	NOUN
cjal-3204	208	8	for	for	ADP
cjal-3204	208	9	fraud	fraud	NOUN
cjal-3204	208	10	,	,	PUNCT
cjal-3204	208	11	waste	waste	NOUN
cjal-3204	208	12	,	,	PUNCT
cjal-3204	208	13	failure	failure	NOUN
cjal-3204	208	14	to	to	PART
cjal-3204	208	15	insure	insure	VERB
cjal-3204	208	16	,	,	PUNCT
cjal-3204	208	17	failure	failure	NOUN
cjal-3204	208	18	to	to	PART
cjal-3204	208	19	apply	apply	VERB
cjal-3204	208	20	rental	rental	ADJ
cjal-3204	208	21	revenue	revenue	NOUN
cjal-3204	208	22	to	to	ADP
cjal-3204	208	23	operating	operating	NOUN
cjal-3204	208	24	expenses	expense	NOUN
cjal-3204	208	25	and	and	CCONJ
cjal-3204	208	26	debt	debt	NOUN
cjal-3204	208	27	service	service	NOUN
cjal-3204	208	28	,	,	PUNCT
cjal-3204	208	29	and	and	CCONJ
cjal-3204	208	30	the	the	DET
cjal-3204	208	31	like	like	ADJ
cjal-3204	208	32	.	.	PUNCT
cjal-3204	209	1	a	a	DET
cjal-3204	209	2	lender	lender	NOUN
cjal-3204	209	3	who	who	PRON
cjal-3204	209	4	approves	approve	VERB
cjal-3204	209	5	the	the	DET
cjal-3204	209	6	sale	sale	NOUN
cjal-3204	209	7	of	of	ADP
cjal-3204	209	8	real	real	ADJ
cjal-3204	209	9	estate	estate	NOUN
cjal-3204	209	10	subject	subject	NOUN
cjal-3204	209	11	to	to	ADP
cjal-3204	209	12	a	a	DET
cjal-3204	209	13	loan	loan	NOUN
cjal-3204	209	14	of	of	ADP
cjal-3204	209	15	this	this	DET
cjal-3204	209	16	sort	sort	NOUN
cjal-3204	209	17	will	will	AUX
cjal-3204	209	18	almost	almost	ADV
cjal-3204	209	19	certainly	certainly	ADV
cjal-3204	209	20	insist	insist	VERB
cjal-3204	209	21	that	that	SCONJ
cjal-3204	209	22	the	the	DET
cjal-3204	209	23	grantee	grantee	NOUN
cjal-3204	209	24	assume	assume	VERB
cjal-3204	209	25	the	the	DET
cjal-3204	209	26	"	"	PUNCT
cjal-3204	209	27	carve	carve	VERB
cjal-3204	209	28	-	-	PUNCT
cjal-3204	209	29	out	out	ADP
cjal-3204	209	30	"	"	PUNCT
cjal-3204	209	31	liabilities	liability	NOUN
cjal-3204	209	32	.	.	PUNCT
cjal-3204	210	1	25	25	NUM
cjal-3204	210	2	.	.	PUNCT
cjal-3204	211	1	by	by	ADP
cjal-3204	211	2	the	the	DET
cjal-3204	211	3	great	great	ADJ
cjal-3204	211	4	majority	majority	NOUN
cjal-3204	211	5	of	of	ADP
cjal-3204	211	6	american	american	ADJ
cjal-3204	211	7	cases	case	NOUN
cjal-3204	211	8	,	,	PUNCT
cjal-3204	211	9	the	the	DET
cjal-3204	211	10	statute	statute	NOUN
cjal-3204	211	11	of	of	ADP
cjal-3204	211	12	frauds	fraud	NOUN
cjal-3204	211	13	is	be	AUX
cjal-3204	211	14	inapplicable	inapplicable	ADJ
cjal-3204	211	15	to	to	ADP
cjal-3204	211	16	assumption	assumption	NOUN
cjal-3204	211	17	agreements	agreement	NOUN
cjal-3204	211	18	and	and	CCONJ
cjal-3204	211	19	the	the	DET
cjal-3204	211	20	promise	promise	NOUN
cjal-3204	211	21	need	need	AUX
cjal-3204	211	22	not	not	PART
cjal-3204	211	23	be	be	AUX
cjal-3204	211	24	in	in	ADP
cjal-3204	211	25	writing	writing	NOUN
cjal-3204	211	26	,	,	PUNCT
cjal-3204	211	27	see	see	VERB
cjal-3204	211	28	nelson	nelson	PROPN
cjal-3204	211	29	&	&	CCONJ
cjal-3204	211	30	whitman	whitman	PROPN
cjal-3204	211	31	,	,	PUNCT
cjal-3204	211	32	supra	supra	PROPN
cjal-3204	211	33	note	note	PROPN
cjal-3204	211	34	1	1	NUM
cjal-3204	211	35	,	,	PUNCT
cjal-3204	211	36	at	at	ADP
cjal-3204	211	37	§	§	PROPN
cjal-3204	211	38	5.6	5.6	NUM
cjal-3204	211	39	;	;	PUNCT
cjal-3204	211	40	cassidy	cassidy	PROPN
cjal-3204	211	41	v.	v.	PROPN
cjal-3204	211	42	bonitatibus	bonitatibus	PROPN
cjal-3204	211	43	,	,	PUNCT
cjal-3204	211	44	39	39	NUM
cjal-3204	211	45	conn	conn	PROPN
cjal-3204	211	46	.	.	PROPN
cjal-3204	211	47	supp	supp	PROPN
cjal-3204	211	48	.	.	PUNCT
cjal-3204	212	1	188	188	NUM
cjal-3204	212	2	,	,	PUNCT
cjal-3204	212	3	473	473	NUM
cjal-3204	212	4	a.2d	a.2d	SYM
cjal-3204	212	5	350	350	NUM
cjal-3204	212	6	(	(	PUNCT
cjal-3204	212	7	1984	1984	NUM
cjal-3204	212	8	)	)	PUNCT
cjal-3204	212	9	,	,	PUNCT
cjal-3204	212	10	aff'ed5	aff'ed5	PROPN
cjal-3204	212	11	conn	conn	PROPN
cjal-3204	212	12	.	.	PROPN
cjal-3204	213	1	app	app	PROPN
cjal-3204	213	2	.	.	PROPN
cjal-3204	213	3	240	240	NUM
cjal-3204	213	4	,	,	PUNCT
cjal-3204	213	5	497	497	NUM
cjal-3204	213	6	a.2d	a.2d	SYM
cjal-3204	213	7	1018	1018	NUM
cjal-3204	213	8	(	(	PUNCT
cjal-3204	213	9	1985	1985	NUM
cjal-3204	213	10	)	)	PUNCT
cjal-3204	213	11	;	;	PUNCT
cjal-3204	214	1	daugharthy	daugharthy	ADJ
cjal-3204	214	2	v.	v.	ADP
cjal-3204	214	3	monritt	monritt	PROPN
cjal-3204	214	4	associates	associates	PROPN
cjal-3204	214	5	,	,	PUNCT
cjal-3204	214	6	293	293	NUM
cjal-3204	214	7	md	md	NOUN
cjal-3204	214	8	.	.	PROPN
cjal-3204	214	9	399	399	NUM
cjal-3204	214	10	,	,	PUNCT
cjal-3204	214	11	444	444	NUM
cjal-3204	214	12	a.2d	a.2d	SYM
cjal-3204	214	13	1030	1030	NUM
cjal-3204	214	14	(	(	PUNCT
cjal-3204	214	15	1982	1982	NUM
cjal-3204	214	16	)	)	PUNCT
cjal-3204	214	17	;	;	PUNCT
cjal-3204	214	18	stevenson	stevenson	PROPN
cjal-3204	214	19	v.	v.	PROPN
cjal-3204	214	20	stevenson	stevenson	PROPN
cjal-3204	214	21	,	,	PUNCT
cjal-3204	214	22	618	618	NUM
cjal-3204	214	23	s.w.2d	s.w.2d	NOUN
cjal-3204	214	24	715	715	NUM
cjal-3204	214	25	(	(	PUNCT
cjal-3204	214	26	mo	mo	PROPN
cjal-3204	214	27	.	.	PROPN
cjal-3204	214	28	court	court	PROPN
cjal-3204	214	29	.	.	PUNCT
cjal-3204	215	1	app	app	PROPN
cjal-3204	215	2	.	.	PROPN
cjal-3204	215	3	1981	1981	NUM
cjal-3204	215	4	)	)	PUNCT
cjal-3204	215	5	.	.	PUNCT
cjal-3204	216	1	26	26	NUM
cjal-3204	216	2	.	.	PUNCT
cjal-3204	216	3	see	see	VERB
cjal-3204	216	4	nelson	nelson	PROPN
cjal-3204	216	5	&	&	CCONJ
cjal-3204	216	6	whitman	whitman	PROPN
cjal-3204	216	7	,	,	PUNCT
cjal-3204	216	8	supra	supra	PROPN
cjal-3204	216	9	note	note	PROPN
cjal-3204	216	10	1	1	NUM
cjal-3204	216	11	,	,	PUNCT
cjal-3204	216	12	at	at	ADP
cjal-3204	216	13	§	§	PROPN
cjal-3204	216	14	5.22	5.22	NUM
cjal-3204	216	15	;	;	PUNCT
cjal-3204	216	16	in	in	ADP
cjal-3204	216	17	re	re	PROPN
cjal-3204	216	18	cunningham	cunningham	PROPN
cjal-3204	216	19	,	,	PUNCT
cjal-3204	216	20	48	48	NUM
cjal-3204	216	21	b.r	b.r	PROPN
cjal-3204	216	22	.	.	PROPN
cjal-3204	216	23	509	509	NUM
cjal-3204	216	24	(	(	PUNCT
cjal-3204	216	25	bkrtcy.tenn.1985	bkrtcy.tenn.1985	NOUN
cjal-3204	216	26	)	)	PUNCT
cjal-3204	216	27	;	;	PUNCT
cjal-3204	216	28	city	city	NOUN
cjal-3204	216	29	mortg	mortg	NOUN
cjal-3204	216	30	.	.	PUNCT
cjal-3204	217	1	investment	investment	NOUN
cjal-3204	217	2	club	club	NOUN
cjal-3204	217	3	v.	v.	ADP
cjal-3204	217	4	beh	beh	PROPN
cjal-3204	217	5	,	,	PUNCT
cjal-3204	217	6	334	334	NUM
cjal-3204	217	7	a.2d	a.2d	SYM
cjal-3204	217	8	183	183	NUM
cjal-3204	217	9	(	(	PUNCT
cjal-3204	217	10	d.c.app.1975	d.c.app.1975	NOUN
cjal-3204	217	11	)	)	PUNCT
cjal-3204	217	12	;	;	PUNCT
cjal-3204	217	13	papamechail	papamechail	PROPN
cjal-3204	217	14	v.	v.	PROPN
cjal-3204	217	15	holyoke	holyoke	PROPN
cjal-3204	217	16	mutual	mutual	PROPN
cjal-3204	217	17	life	life	NOUN
cjal-3204	217	18	ins	ins	PROPN
cjal-3204	217	19	.	.	PUNCT
cjal-3204	217	20	co.	co.	PROPN
cjal-3204	217	21	,	,	PUNCT
cjal-3204	217	22	8	8	NUM
cjal-3204	217	23	mass	mass	NOUN
cjal-3204	217	24	.	.	PUNCT
cjal-3204	218	1	app	app	PROPN
cjal-3204	218	2	.	.	PUNCT
cjal-3204	219	1	ct	ct	PROPN
cjal-3204	219	2	.	.	PROPN
cjal-3204	219	3	849	849	NUM
cjal-3204	219	4	,	,	PUNCT
cjal-3204	219	5	397	397	NUM
cjal-3204	219	6	n.e.2d	n.e.2d	NOUN
cjal-3204	219	7	1153	1153	NUM
cjal-3204	219	8	(	(	PUNCT
cjal-3204	219	9	1979	1979	NUM
cjal-3204	219	10	)	)	PUNCT
cjal-3204	219	11	.	.	PUNCT
cjal-3204	220	1	[	[	X
cjal-3204	220	2	15:1	15:1	NUM
cjal-3204	220	3	chinese	chinese	ADJ
cjal-3204	220	4	mortgage	mortgage	NOUN
cjal-3204	220	5	law	law	NOUN
cjal-3204	220	6	who	who	PRON
cjal-3204	220	7	"	"	PUNCT
cjal-3204	220	8	assumes	assume	VERB
cjal-3204	220	9	,	,	PUNCT
cjal-3204	220	10	"	"	PUNCT
cjal-3204	220	11	has	have	VERB
cjal-3204	220	12	a	a	DET
cjal-3204	220	13	strong	strong	ADJ
cjal-3204	220	14	incentive	incentive	NOUN
cjal-3204	220	15	to	to	PART
cjal-3204	220	16	make	make	VERB
cjal-3204	220	17	the	the	DET
cjal-3204	220	18	payments	payment	NOUN
cjal-3204	220	19	due	due	ADJ
cjal-3204	220	20	on	on	ADP
cjal-3204	220	21	the	the	DET
cjal-3204	220	22	mortgage	mortgage	NOUN
cjal-3204	220	23	debt	debt	NOUN
cjal-3204	220	24	,	,	PUNCT
cjal-3204	220	25	since	since	SCONJ
cjal-3204	220	26	failure	failure	NOUN
cjal-3204	220	27	to	to	PART
cjal-3204	220	28	do	do	AUX
cjal-3204	220	29	so	so	ADV
cjal-3204	220	30	raises	raise	VERB
cjal-3204	220	31	the	the	DET
cjal-3204	220	32	rise	rise	NOUN
cjal-3204	220	33	that	that	PRON
cjal-3204	220	34	the	the	DET
cjal-3204	220	35	mortgage	mortgage	NOUN
cjal-3204	220	36	lender	lender	NOUN
cjal-3204	220	37	will	will	AUX
cjal-3204	220	38	foreclose	foreclose	VERB
cjal-3204	220	39	,	,	PUNCT
cjal-3204	220	40	thereby	thereby	ADV
cjal-3204	220	41	taking	take	VERB
cjal-3204	220	42	the	the	DET
cjal-3204	220	43	real	real	ADJ
cjal-3204	220	44	estate	estate	NOUN
cjal-3204	220	45	away	away	ADV
cjal-3204	220	46	from	from	ADP
cjal-3204	220	47	the	the	DET
cjal-3204	220	48	buyer	buyer	NOUN
cjal-3204	220	49	and	and	CCONJ
cjal-3204	220	50	risking	risk	VERB
cjal-3204	220	51	the	the	DET
cjal-3204	220	52	loss	loss	NOUN
cjal-3204	220	53	or	or	CCONJ
cjal-3204	220	54	part	part	NOUN
cjal-3204	220	55	or	or	CCONJ
cjal-3204	220	56	all	all	PRON
cjal-3204	220	57	of	of	ADP
cjal-3204	220	58	the	the	DET
cjal-3204	220	59	buyer	buyer	NOUN
cjal-3204	220	60	's	's	PART
cjal-3204	220	61	cash	cash	NOUN
cjal-3204	220	62	investment	investment	NOUN
cjal-3204	220	63	in	in	ADP
cjal-3204	220	64	the	the	DET
cjal-3204	220	65	property	property	NOUN
cjal-3204	220	66	.	.	PUNCT
cjal-3204	221	1	but	but	CCONJ
cjal-3204	221	2	while	while	SCONJ
cjal-3204	221	3	the	the	DET
cjal-3204	221	4	economic	economic	ADJ
cjal-3204	221	5	incentive	incentive	NOUN
cjal-3204	221	6	to	to	PART
cjal-3204	221	7	make	make	VERB
cjal-3204	221	8	the	the	DET
cjal-3204	221	9	payments	payment	NOUN
cjal-3204	221	10	is	be	AUX
cjal-3204	221	11	the	the	DET
cjal-3204	221	12	same	same	ADJ
cjal-3204	221	13	whether	whether	SCONJ
cjal-3204	221	14	buyer	buyer	NOUN
cjal-3204	221	15	assumes	assume	VERB
cjal-3204	221	16	or	or	CCONJ
cjal-3204	221	17	not,27	not,27	VERB
cjal-3204	221	18	the	the	DET
cjal-3204	221	19	buyer	buyer	NOUN
cjal-3204	221	20	who	who	PRON
cjal-3204	221	21	does	do	AUX
cjal-3204	221	22	not	not	PART
cjal-3204	221	23	assume	assume	VERB
cjal-3204	221	24	and	and	CCONJ
cjal-3204	221	25	who	who	PRON
cjal-3204	221	26	fails	fail	VERB
cjal-3204	221	27	to	to	PART
cjal-3204	221	28	make	make	VERB
cjal-3204	221	29	the	the	DET
cjal-3204	221	30	payments	payment	NOUN
cjal-3204	221	31	has	have	VERB
cjal-3204	221	32	a	a	DET
cjal-3204	221	33	much	much	ADV
cjal-3204	221	34	smaller	small	ADJ
cjal-3204	221	35	legal	legal	ADJ
cjal-3204	221	36	risk	risk	NOUN
cjal-3204	221	37	.	.	PUNCT
cjal-3204	222	1	the	the	DET
cjal-3204	222	2	worst	bad	ADJ
cjal-3204	222	3	that	that	PRON
cjal-3204	222	4	can	can	AUX
cjal-3204	222	5	happen	happen	VERB
cjal-3204	222	6	to	to	ADP
cjal-3204	222	7	the	the	DET
cjal-3204	222	8	non	non	ADJ
cjal-3204	222	9	-	-	ADJ
cjal-3204	222	10	assuming	assume	VERB
cjal-3204	222	11	buyer	buyer	NOUN
cjal-3204	222	12	is	be	AUX
cjal-3204	222	13	the	the	DET
cjal-3204	222	14	loss	loss	NOUN
cjal-3204	222	15	of	of	ADP
cjal-3204	222	16	the	the	DET
cjal-3204	222	17	property	property	NOUN
cjal-3204	222	18	;	;	PUNCT
cjal-3204	222	19	by	by	ADP
cjal-3204	222	20	comparison	comparison	NOUN
cjal-3204	222	21	,	,	PUNCT
cjal-3204	222	22	the	the	DET
cjal-3204	222	23	assuming	assume	VERB
cjal-3204	222	24	buyer	buyer	NOUN
cjal-3204	222	25	who	who	PRON
cjal-3204	222	26	defaults	default	VERB
cjal-3204	222	27	on	on	ADP
cjal-3204	222	28	the	the	DET
cjal-3204	222	29	mortgage	mortgage	NOUN
cjal-3204	222	30	debt	debt	NOUN
cjal-3204	222	31	payments	payment	NOUN
cjal-3204	222	32	risks	risk	VERB
cjal-3204	222	33	both	both	CCONJ
cjal-3204	222	34	losing	lose	VERB
cjal-3204	222	35	the	the	DET
cjal-3204	222	36	property	property	NOUN
cjal-3204	222	37	and	and	CCONJ
cjal-3204	222	38	being	be	AUX
cjal-3204	222	39	held	hold	VERB
cjal-3204	222	40	personally	personally	ADV
cjal-3204	222	41	liable	liable	ADJ
cjal-3204	222	42	for	for	ADP
cjal-3204	222	43	the	the	DET
cjal-3204	222	44	debt	debt	NOUN
cjal-3204	222	45	or	or	CCONJ
cjal-3204	222	46	a	a	DET
cjal-3204	222	47	deficiency	deficiency	NOUN
cjal-3204	222	48	.	.	PUNCT
cjal-3204	223	1	obviously	obviously	ADV
cjal-3204	223	2	it	it	PRON
cjal-3204	223	3	is	be	AUX
cjal-3204	223	4	in	in	ADP
cjal-3204	223	5	the	the	DET
cjal-3204	223	6	buyer	buyer	NOUN
cjal-3204	223	7	's	's	PART
cjal-3204	223	8	interest	interest	NOUN
cjal-3204	223	9	to	to	PART
cjal-3204	223	10	avoid	avoid	VERB
cjal-3204	223	11	entering	enter	VERB
cjal-3204	223	12	into	into	ADP
cjal-3204	223	13	an	an	DET
cjal-3204	223	14	assumption	assumption	NOUN
cjal-3204	223	15	agreement	agreement	NOUN
cjal-3204	223	16	,	,	PUNCT
cjal-3204	223	17	but	but	CCONJ
cjal-3204	223	18	in	in	ADP
cjal-3204	223	19	the	the	DET
cjal-3204	223	20	seller	seller	NOUN
cjal-3204	223	21	's	's	PART
cjal-3204	223	22	interest	interest	NOUN
cjal-3204	223	23	to	to	PART
cjal-3204	223	24	persuade	persuade	VERB
cjal-3204	223	25	the	the	DET
cjal-3204	223	26	buyer	buyer	NOUN
cjal-3204	223	27	to	to	PART
cjal-3204	223	28	do	do	VERB
cjal-3204	223	29	so	so	ADV
cjal-3204	223	30	.	.	PUNCT
cjal-3204	224	1	28	28	NUM
cjal-3204	225	1	in	in	ADP
cjal-3204	225	2	theory	theory	NOUN
cjal-3204	225	3	the	the	DET
cjal-3204	225	4	buyer	buyer	NOUN
cjal-3204	225	5	and	and	CCONJ
cjal-3204	225	6	seller	seller	NOUN
cjal-3204	225	7	can	can	AUX
cjal-3204	225	8	agree	agree	VERB
cjal-3204	225	9	that	that	SCONJ
cjal-3204	225	10	the	the	DET
cjal-3204	225	11	buyer	buyer	NOUN
cjal-3204	225	12	will	will	AUX
cjal-3204	225	13	or	or	CCONJ
cjal-3204	225	14	will	will	AUX
cjal-3204	225	15	not	not	PART
cjal-3204	225	16	assume	assume	VERB
cjal-3204	225	17	,	,	PUNCT
cjal-3204	225	18	as	as	SCONJ
cjal-3204	225	19	suits	suit	NOUN
cjal-3204	225	20	them	they	PRON
cjal-3204	225	21	.	.	PUNCT
cjal-3204	226	1	however	however	ADV
cjal-3204	226	2	,	,	PUNCT
cjal-3204	226	3	the	the	DET
cjal-3204	226	4	mortgage	mortgage	NOUN
cjal-3204	226	5	lender	lender	NOUN
cjal-3204	226	6	also	also	ADV
cjal-3204	226	7	has	have	VERB
cjal-3204	226	8	a	a	DET
cjal-3204	226	9	strong	strong	ADJ
cjal-3204	226	10	interest	interest	NOUN
cjal-3204	226	11	in	in	ADP
cjal-3204	226	12	getting	get	VERB
cjal-3204	226	13	the	the	DET
cjal-3204	226	14	buyer	buyer	NOUN
cjal-3204	226	15	to	to	PART
cjal-3204	226	16	assume	assume	VERB
cjal-3204	226	17	,	,	PUNCT
cjal-3204	226	18	since	since	SCONJ
cjal-3204	226	19	under	under	ADP
cjal-3204	226	20	the	the	DET
cjal-3204	226	21	third	third	ADJ
cjal-3204	226	22	-	-	PUNCT
cjal-3204	226	23	party	party	NOUN
cjal-3204	226	24	beneficiary	beneficiary	NOUN
cjal-3204	226	25	theory	theory	NOUN
cjal-3204	226	26	mentioned	mention	VERB
cjal-3204	226	27	earlier	early	ADV
cjal-3204	226	28	the	the	DET
cjal-3204	226	29	buyer	buyer	NOUN
cjal-3204	226	30	who	who	PRON
cjal-3204	226	31	assumes	assume	VERB
cjal-3204	226	32	can	can	AUX
cjal-3204	226	33	be	be	AUX
cjal-3204	226	34	held	hold	VERB
cjal-3204	226	35	directly	directly	ADV
cjal-3204	226	36	liable	liable	ADJ
cjal-3204	226	37	to	to	ADP
cjal-3204	226	38	the	the	DET
cjal-3204	226	39	lender	lender	NOUN
cjal-3204	226	40	for	for	ADP
cjal-3204	226	41	the	the	DET
cjal-3204	226	42	debt	debt	NOUN
cjal-3204	226	43	or	or	CCONJ
cjal-3204	226	44	a	a	DET
cjal-3204	226	45	deficiency	deficiency	NOUN
cjal-3204	226	46	after	after	ADP
cjal-3204	226	47	foreclosure	foreclosure	NOUN
cjal-3204	226	48	.	.	PUNCT
cjal-3204	227	1	hence	hence	ADV
cjal-3204	227	2	,	,	PUNCT
cjal-3204	227	3	the	the	DET
cjal-3204	227	4	lender	lender	NOUN
cjal-3204	227	5	may	may	AUX
cjal-3204	227	6	(	(	PUNCT
cjal-3204	227	7	and	and	CCONJ
cjal-3204	227	8	if	if	SCONJ
cjal-3204	227	9	properly	properly	ADV
cjal-3204	227	10	advised	advise	VERB
cjal-3204	227	11	,	,	PUNCT
cjal-3204	227	12	almost	almost	ADV
cjal-3204	227	13	surely	surely	ADV
cjal-3204	227	14	will	will	AUX
cjal-3204	227	15	)	)	PUNCT
cjal-3204	227	16	insist	insist	VERB
cjal-3204	227	17	that	that	SCONJ
cjal-3204	227	18	the	the	DET
cjal-3204	227	19	buyer	buyer	NOUN
cjal-3204	227	20	enter	enter	VERB
cjal-3204	227	21	into	into	ADP
cjal-3204	227	22	an	an	DET
cjal-3204	227	23	assumption	assumption	NOUN
cjal-3204	227	24	agreement	agreement	NOUN
cjal-3204	227	25	.	.	PUNCT
cjal-3204	228	1	why	why	SCONJ
cjal-3204	228	2	is	be	AUX
cjal-3204	228	3	the	the	DET
cjal-3204	228	4	lender	lender	NOUN
cjal-3204	228	5	's	's	PART
cjal-3204	228	6	demand	demand	NOUN
cjal-3204	228	7	persuasive	persuasive	ADJ
cjal-3204	228	8	to	to	ADP
cjal-3204	228	9	the	the	DET
cjal-3204	228	10	buyer	buyer	NOUN
cjal-3204	228	11	?	?	PUNCT
cjal-3204	229	1	simply	simply	ADV
cjal-3204	229	2	because	because	SCONJ
cjal-3204	229	3	the	the	DET
cjal-3204	229	4	due	due	ADJ
cjal-3204	229	5	-	-	PUNCT
cjal-3204	229	6	on	on	ADP
cjal-3204	229	7	-	-	PUNCT
cjal-3204	229	8	sale	sale	NOUN
cjal-3204	229	9	clause	clause	NOUN
cjal-3204	229	10	in	in	ADP
cjal-3204	229	11	the	the	DET
cjal-3204	229	12	original	original	ADJ
cjal-3204	229	13	mortgage	mortgage	NOUN
cjal-3204	229	14	gives	give	VERB
cjal-3204	229	15	the	the	DET
cjal-3204	229	16	lender	lender	NOUN
cjal-3204	229	17	the	the	DET
cjal-3204	229	18	power	power	NOUN
cjal-3204	229	19	to	to	PART
cjal-3204	229	20	prevent	prevent	VERB
cjal-3204	229	21	the	the	DET
cjal-3204	229	22	transaction	transaction	NOUN
cjal-3204	229	23	from	from	ADP
cjal-3204	229	24	occurring	occur	VERB
cjal-3204	229	25	if	if	SCONJ
cjal-3204	229	26	the	the	DET
cjal-3204	229	27	buyer	buyer	NOUN
cjal-3204	229	28	and	and	CCONJ
cjal-3204	229	29	seller	seller	NOUN
cjal-3204	229	30	fail	fail	VERB
cjal-3204	229	31	to	to	PART
cjal-3204	229	32	meet	meet	VERB
cjal-3204	229	33	its	its	PRON
cjal-3204	229	34	demands	demand	NOUN
cjal-3204	229	35	.	.	PUNCT
cjal-3204	230	1	thus	thus	ADV
cjal-3204	230	2	the	the	DET
cjal-3204	230	3	lender	lender	NOUN
cjal-3204	230	4	can	can	AUX
cjal-3204	230	5	condition	condition	VERB
cjal-3204	230	6	its	its	PRON
cjal-3204	230	7	consent	consent	NOUN
cjal-3204	230	8	,	,	PUNCT
cjal-3204	230	9	required	require	VERB
cjal-3204	230	10	by	by	ADP
cjal-3204	230	11	the	the	DET
cjal-3204	230	12	due	due	ADJ
cjal-3204	230	13	-	-	PUNCT
cjal-3204	230	14	on	on	ADP
cjal-3204	230	15	-	-	PUNCT
cjal-3204	230	16	sale	sale	NOUN
cjal-3204	230	17	clause	clause	NOUN
cjal-3204	230	18	,	,	PUNCT
cjal-3204	230	19	on	on	ADP
cjal-3204	230	20	the	the	DET
cjal-3204	230	21	buyer	buyer	NOUN
cjal-3204	230	22	's	's	PART
cjal-3204	230	23	execution	execution	NOUN
cjal-3204	230	24	of	of	ADP
cjal-3204	230	25	the	the	DET
cjal-3204	230	26	assumption	assumption	NOUN
cjal-3204	230	27	agreement	agreement	NOUN
cjal-3204	230	28	.	.	PUNCT
cjal-3204	231	1	2	2	NUM
cjal-3204	231	2	9	9	NUM
cjal-3204	231	3	since	since	SCONJ
cjal-3204	231	4	due	due	ADJ
cjal-3204	231	5	-	-	PUNCT
cjal-3204	231	6	on	on	ADP
cjal-3204	231	7	-	-	PUNCT
cjal-3204	231	8	sale	sale	NOUN
cjal-3204	231	9	clauses	clause	NOUN
cjal-3204	231	10	are	be	AUX
cjal-3204	231	11	now	now	ADV
cjal-3204	231	12	nearly	nearly	ADV
cjal-3204	231	13	universally	universally	ADV
cjal-3204	231	14	found	find	VERB
cjal-3204	231	15	in	in	ADP
cjal-3204	231	16	american	american	ADJ
cjal-3204	231	17	mortgages	mortgage	NOUN
cjal-3204	231	18	,	,	PUNCT
cjal-3204	231	19	this	this	PRON
cjal-3204	231	20	means	mean	VERB
cjal-3204	231	21	that	that	SCONJ
cjal-3204	231	22	an	an	DET
cjal-3204	231	23	alert	alert	ADJ
cjal-3204	231	24	lender	lender	NOUN
cjal-3204	231	25	can	can	AUX
cjal-3204	231	26	,	,	PUNCT
cjal-3204	231	27	and	and	CCONJ
cjal-3204	231	28	as	as	ADP
cjal-3204	231	29	a	a	DET
cjal-3204	231	30	matter	matter	NOUN
cjal-3204	231	31	of	of	ADP
cjal-3204	231	32	self27	self27	NOUN
cjal-3204	231	33	.	.	PUNCT
cjal-3204	232	1	there	there	PRON
cjal-3204	232	2	are	be	VERB
cjal-3204	232	3	a	a	DET
cjal-3204	232	4	number	number	NOUN
cjal-3204	232	5	of	of	ADP
cjal-3204	232	6	additional	additional	ADJ
cjal-3204	232	7	technical	technical	ADJ
cjal-3204	232	8	differences	difference	NOUN
cjal-3204	232	9	between	between	ADP
cjal-3204	232	10	the	the	DET
cjal-3204	232	11	roles	role	NOUN
cjal-3204	232	12	of	of	ADP
cjal-3204	232	13	assuming	assume	VERB
cjal-3204	232	14	and	and	CCONJ
cjal-3204	232	15	nonassurning	nonassurne	VERB
cjal-3204	232	16	buyers	buyer	NOUN
cjal-3204	232	17	.	.	PUNCT
cjal-3204	233	1	they	they	PRON
cjal-3204	233	2	arise	arise	VERB
cjal-3204	233	3	from	from	ADP
cjal-3204	233	4	the	the	DET
cjal-3204	233	5	fact	fact	NOUN
cjal-3204	233	6	that	that	SCONJ
cjal-3204	233	7	a	a	DET
cjal-3204	233	8	principal	principal	ADJ
cjal-3204	233	9	-	-	PUNCT
cjal-3204	233	10	surety	surety	NOUN
cjal-3204	233	11	relationship	relationship	NOUN
cjal-3204	233	12	arises	arise	VERB
cjal-3204	233	13	between	between	ADP
cjal-3204	233	14	the	the	DET
cjal-3204	233	15	parties	party	NOUN
cjal-3204	233	16	if	if	SCONJ
cjal-3204	233	17	the	the	DET
cjal-3204	233	18	buyer	buyer	NOUN
cjal-3204	233	19	assumes	assume	VERB
cjal-3204	233	20	,	,	PUNCT
cjal-3204	233	21	and	and	CCONJ
cjal-3204	233	22	are	be	AUX
cjal-3204	233	23	well	well	ADV
cjal-3204	233	24	beyond	beyond	ADP
cjal-3204	233	25	the	the	DET
cjal-3204	233	26	scope	scope	NOUN
cjal-3204	233	27	of	of	ADP
cjal-3204	233	28	the	the	DET
cjal-3204	233	29	present	present	ADJ
cjal-3204	233	30	discussion	discussion	NOUN
cjal-3204	233	31	.	.	PUNCT
cjal-3204	234	1	sec	sec	PROPN
cjal-3204	234	2	restatem	restatem	NOUN
cjal-3204	234	3	nt	not	PART
cjal-3204	234	4	(	(	PUNCT
cjal-3204	234	5	third	third	ADJ
cjal-3204	234	6	)	)	PUNCT
cjal-3204	234	7	of	of	ADP
cjal-3204	234	8	property	property	NOUN
cjal-3204	234	9	:	:	PUNCT
cjal-3204	234	10	mortgages	mortgage	NOUN
cjal-3204	234	11	§	§	PROPN
cjal-3204	234	12	§	§	PROPN
cjal-3204	234	13	5.1	5.1	NUM
cjal-3204	234	14	-	-	SYM
cjal-3204	234	15	5.3	5.3	NUM
cjal-3204	234	16	(	(	PUNCT
cjal-3204	234	17	1997	1997	NUM
cjal-3204	234	18	)	)	PUNCT
cjal-3204	234	19	.	.	PUNCT
cjal-3204	235	1	28	28	NUM
cjal-3204	235	2	.	.	PUNCT
cjal-3204	236	1	this	this	PRON
cjal-3204	236	2	is	be	AUX
cjal-3204	236	3	true	true	ADJ
cjal-3204	236	4	because	because	SCONJ
cjal-3204	236	5	if	if	SCONJ
cjal-3204	236	6	the	the	DET
cjal-3204	236	7	buyer	buyer	NOUN
cjal-3204	236	8	assumes	assume	VERB
cjal-3204	236	9	but	but	CCONJ
cjal-3204	236	10	defaults	default	NOUN
cjal-3204	236	11	in	in	ADP
cjal-3204	236	12	payment	payment	NOUN
cjal-3204	236	13	,	,	PUNCT
cjal-3204	236	14	and	and	CCONJ
cjal-3204	236	15	the	the	DET
cjal-3204	236	16	seller	seller	NOUN
cjal-3204	236	17	(	(	PUNCT
cjal-3204	236	18	wvho	wvho	NOUN
cjal-3204	236	19	remains	remain	VERB
cjal-3204	236	20	liable	liable	ADJ
cjal-3204	236	21	on	on	ADP
cjal-3204	236	22	the	the	DET
cjal-3204	236	23	debt	debt	NOUN
cjal-3204	236	24	)	)	PUNCT
cjal-3204	236	25	is	be	AUX
cjal-3204	236	26	forced	force	VERB
cjal-3204	236	27	to	to	PART
cjal-3204	236	28	pay	pay	VERB
cjal-3204	236	29	it	it	PRON
cjal-3204	236	30	,	,	PUNCT
cjal-3204	236	31	the	the	DET
cjal-3204	236	32	seller	seller	NOUN
cjal-3204	236	33	can	can	AUX
cjal-3204	236	34	seek	seek	VERB
cjal-3204	236	35	personal	personal	ADJ
cjal-3204	236	36	subrogation	subrogation	NOUN
cjal-3204	236	37	,	,	PUNCT
cjal-3204	236	38	reimbursement	reimbursement	NOUN
cjal-3204	236	39	or	or	CCONJ
cjal-3204	236	40	exoneration	exoneration	NOUN
cjal-3204	236	41	of	of	ADP
cjal-3204	236	42	this	this	DET
cjal-3204	236	43	payment	payment	NOUN
cjal-3204	236	44	from	from	ADP
cjal-3204	236	45	the	the	DET
cjal-3204	236	46	buyer	buyer	NOUN
cjal-3204	236	47	.	.	PUNCT
cjal-3204	237	1	see	see	VERB
cjal-3204	237	2	nelson	nelson	PROPN
cjal-3204	237	3	&	&	CCONJ
cjal-3204	237	4	whitman	whitman	PROPN
cjal-3204	237	5	,	,	PUNCT
cjal-3204	237	6	supra	supra	PROPN
cjal-3204	237	7	note	note	PROPN
cjal-3204	237	8	1	1	NUM
cjal-3204	237	9	,	,	PUNCT
cjal-3204	237	10	at	at	ADP
cjal-3204	237	11	§	§	PROPN
cjal-3204	237	12	5.10	5.10	NUM
cjal-3204	237	13	.	.	PUNCT
cjal-3204	238	1	by	by	ADP
cjal-3204	238	2	comparison	comparison	NOUN
cjal-3204	238	3	,	,	PUNCT
cjal-3204	238	4	if	if	SCONJ
cjal-3204	238	5	the	the	DET
cjal-3204	238	6	buyer	buyer	NOUN
cjal-3204	238	7	does	do	AUX
cjal-3204	238	8	not	not	PART
cjal-3204	238	9	assume	assume	VERB
cjal-3204	238	10	,	,	PUNCT
cjal-3204	238	11	the	the	DET
cjal-3204	238	12	seller	seller	NOUN
cjal-3204	238	13	can	can	AUX
cjal-3204	238	14	seek	seek	VERB
cjal-3204	238	15	only	only	ADJ
cjal-3204	238	16	subrogation	subrogation	NOUN
cjal-3204	238	17	against	against	ADP
cjal-3204	238	18	the	the	DET
cjal-3204	238	19	real	real	ADJ
cjal-3204	238	20	estate	estate	NOUN
cjal-3204	238	21	,	,	PUNCT
cjal-3204	238	22	and	and	CCONJ
cjal-3204	238	23	no	no	DET
cjal-3204	238	24	personal	personal	ADJ
cjal-3204	238	25	remedy	remedy	NOUN
cjal-3204	238	26	at	at	ADV
cjal-3204	238	27	all	all	ADV
cjal-3204	238	28	against	against	ADP
cjal-3204	238	29	the	the	DET
cjal-3204	238	30	buyer	buyer	NOUN
cjal-3204	238	31	.	.	PUNCT
cjal-3204	239	1	sce	sce	PROPN
cjal-3204	239	2	tighe	tighe	PROPN
cjal-3204	239	3	%	%	INTJ
cjal-3204	239	4	,	,	PUNCT
cjal-3204	239	5	walton	walton	PROPN
cjal-3204	239	6	,	,	PUNCT
cjal-3204	239	7	233	233	NUM
cjal-3204	239	8	miss	miss	NOUN
cjal-3204	239	9	.	.	PUNCT
cjal-3204	240	1	781	781	NUM
cjal-3204	240	2	,	,	PUNCT
cjal-3204	240	3	103	103	NUM
cjal-3204	240	4	so.2d	so.2d	NOUN
cjal-3204	240	5	8	8	NUM
cjal-3204	240	6	(	(	PUNCT
cjal-3204	240	7	1958	1958	NUM
cjal-3204	240	8	)	)	PUNCT
cjal-3204	240	9	(	(	PUNCT
cjal-3204	240	10	subrogation	subrogation	NOUN
cjal-3204	240	11	)	)	PUNCT
cjal-3204	240	12	;	;	PUNCT
cjal-3204	240	13	thompson	thompson	PROPN
cjal-3204	240	14	r.	r.	PROPN
cjal-3204	240	15	miller	miller	PROPN
cjal-3204	240	16	,	,	PUNCT
cjal-3204	240	17	195	195	NUM
cjal-3204	240	18	va	va	NOUN
cjal-3204	240	19	.	.	PROPN
cjal-3204	240	20	513	513	NUM
cjal-3204	240	21	,	,	PUNCT
cjal-3204	240	22	79	79	NUM
cjal-3204	240	23	s.e.2d	s.e.2d	NUM
cjal-3204	240	24	643	643	NUM
cjal-3204	240	25	(	(	PUNCT
cjal-3204	240	26	1954	1954	NUM
cjal-3204	240	27	)	)	PUNCT
cjal-3204	240	28	(	(	PUNCT
cjal-3204	240	29	subrogation	subrogation	NOUN
cjal-3204	240	30	)	)	PUNCT
cjal-3204	240	31	;	;	PUNCT
cjal-3204	240	32	first	first	PROPN
cjal-3204	240	33	interstate	interstate	PROPN
cjal-3204	240	34	bank	bank	PROPN
cjal-3204	240	35	v.	v.	PROPN
cjal-3204	240	36	nelco	nelco	PROPN
cjal-3204	240	37	enterprises	enterprise	NOUN
cjal-3204	240	38	,	,	PUNCT
cjal-3204	240	39	inc	inc	PROPN
cjal-3204	240	40	,	,	PUNCT
cjal-3204	240	41	64	64	NUM
cjal-3204	240	42	wash	wash	NOUN
cjal-3204	240	43	.	.	PUNCT
cjal-3204	241	1	app	app	PROPN
cjal-3204	241	2	.	.	PROPN
cjal-3204	242	1	158	158	NUM
cjal-3204	242	2	,	,	PUNCT
cjal-3204	242	3	822	822	NUM
cjal-3204	242	4	p.2d	p.2d	SYM
cjal-3204	242	5	1260	1260	NUM
cjal-3204	242	6	(	(	PUNCT
cjal-3204	242	7	1992	1992	NUM
cjal-3204	242	8	)	)	PUNCT
cjal-3204	242	9	(	(	PUNCT
cjal-3204	242	10	reimbursement	reimbursement	NOUN
cjal-3204	242	11	)	)	PUNCT
cjal-3204	242	12	;	;	PUNCT
cjal-3204	242	13	jones	jones	PROPN
cjal-3204	242	14	&	&	CCONJ
cjal-3204	242	15	,	,	PUNCT
cjal-3204	242	16	bates	bates	PROPN
cjal-3204	242	17	,	,	PUNCT
cjal-3204	242	18	241	241	NUM
cjal-3204	242	19	s.c	s.c	PROPN
cjal-3204	242	20	.	.	PROPN
cjal-3204	242	21	189	189	NUM
cjal-3204	242	22	,	,	PUNCT
cjal-3204	242	23	127	127	NUM
cjal-3204	242	24	s.e.2d	s.e.2d	NOUN
cjal-3204	242	25	618	618	NUM
cjal-3204	242	26	(	(	PUNCT
cjal-3204	242	27	1962	1962	NUM
cjal-3204	242	28	)	)	PUNCT
cjal-3204	242	29	(	(	PUNCT
cjal-3204	242	30	exoneration	exoneration	NOUN
cjal-3204	242	31	)	)	PUNCT
cjal-3204	242	32	.	.	PUNCT
cjal-3204	243	1	29	29	NUM
cjal-3204	243	2	.	.	PUNCT
cjal-3204	244	1	the	the	DET
cjal-3204	244	2	lender	lender	NOUN
cjal-3204	244	3	may	may	AUX
cjal-3204	244	4	go	go	VERB
cjal-3204	244	5	further	far	ADV
cjal-3204	244	6	,	,	PUNCT
cjal-3204	244	7	insisting	insist	VERB
cjal-3204	244	8	that	that	SCONJ
cjal-3204	244	9	it	it	PRON
cjal-3204	244	10	be	be	VERB
cjal-3204	244	11	a	a	DET
cjal-3204	244	12	party	party	NOUN
cjal-3204	244	13	to	to	ADP
cjal-3204	244	14	the	the	DET
cjal-3204	244	15	assumption	assumption	NOUN
cjal-3204	244	16	agreement	agreement	NOUN
cjal-3204	244	17	or	or	CCONJ
cjal-3204	244	18	that	that	SCONJ
cjal-3204	244	19	the	the	DET
cjal-3204	244	20	agreement	agreement	NOUN
cjal-3204	244	21	expressly	expressly	ADV
cjal-3204	244	22	recognize	recognize	VERB
cjal-3204	244	23	its	its	PRON
cjal-3204	244	24	rights	right	NOUN
cjal-3204	244	25	as	as	ADP
cjal-3204	244	26	a	a	DET
cjal-3204	244	27	third	third	ADJ
cjal-3204	244	28	-	-	PUNCT
cjal-3204	244	29	party	party	NOUN
cjal-3204	244	30	beneficiary	beneficiary	NOUN
cjal-3204	244	31	.	.	PUNCT
cjal-3204	245	1	these	these	DET
cjal-3204	245	2	steps	step	NOUN
cjal-3204	245	3	are	be	AUX
cjal-3204	245	4	probably	probably	ADV
cjal-3204	245	5	unnecessary	unnecessary	ADJ
cjal-3204	245	6	legally	legally	ADV
cjal-3204	245	7	,	,	PUNCT
cjal-3204	245	8	but	but	CCONJ
cjal-3204	245	9	have	have	VERB
cjal-3204	245	10	the	the	DET
cjal-3204	245	11	virtue	virtue	NOUN
cjal-3204	245	12	of	of	ADP
cjal-3204	245	13	clearly	clearly	ADV
cjal-3204	245	14	informing	inform	VERB
cjal-3204	245	15	the	the	DET
cjal-3204	245	16	buyer	buyer	NOUN
cjal-3204	245	17	that	that	SCONJ
cjal-3204	245	18	she	she	PRON
cjal-3204	245	19	or	or	CCONJ
cjal-3204	245	20	he	he	PRON
cjal-3204	245	21	may	may	AUX
cjal-3204	245	22	in	in	ADP
cjal-3204	245	23	the	the	DET
cjal-3204	245	24	future	future	NOUN
cjal-3204	245	25	be	be	AUX
cjal-3204	245	26	held	hold	VERB
cjal-3204	245	27	directly	directly	ADV
cjal-3204	245	28	and	and	CCONJ
cjal-3204	245	29	personally	personally	ADV
cjal-3204	245	30	liable	liable	ADJ
cjal-3204	245	31	by	by	ADP
cjal-3204	245	32	the	the	DET
cjal-3204	245	33	lender	lender	NOUN
cjal-3204	245	34	for	for	ADP
cjal-3204	245	35	the	the	DET
cjal-3204	245	36	full	full	ADJ
cjal-3204	245	37	mortgage	mortgage	NOUN
cjal-3204	245	38	debt	debt	NOUN
cjal-3204	245	39	.	.	PUNCT
cjal-3204	246	1	2001	2001	NUM
cjal-3204	246	2	]	]	PUNCT
cjal-3204	246	3	columbia	columbia	PROPN
cjal-3204	246	4	journal	journal	PROPN
cjal-3204	246	5	of	of	ADP
cjal-3204	246	6	asian	asian	ADJ
cjal-3204	246	7	law	law	NOUN
cjal-3204	246	8	interest	interest	NOUN
cjal-3204	246	9	should	should	AUX
cjal-3204	246	10	,	,	PUNCT
cjal-3204	246	11	30	30	NUM
cjal-3204	246	12	require	require	VERB
cjal-3204	246	13	an	an	DET
cjal-3204	246	14	assumption	assumption	NOUN
cjal-3204	246	15	agreement	agreement	NOUN
cjal-3204	246	16	imposing	impose	VERB
cjal-3204	246	17	personal	personal	ADJ
cjal-3204	246	18	liability	liability	NOUN
cjal-3204	246	19	on	on	ADP
cjal-3204	246	20	the	the	DET
cjal-3204	246	21	buyer	buyer	NOUN
cjal-3204	246	22	of	of	ADP
cjal-3204	246	23	the	the	DET
cjal-3204	246	24	property	property	NOUN
cjal-3204	246	25	in	in	ADP
cjal-3204	246	26	virtually	virtually	ADV
cjal-3204	246	27	all	all	PRON
cjal-3204	246	28	sales	sale	NOUN
cjal-3204	246	29	except	except	SCONJ
cjal-3204	246	30	,	,	PUNCT
cjal-3204	246	31	perhaps	perhaps	ADV
cjal-3204	246	32	,	,	PUNCT
cjal-3204	246	33	where	where	SCONJ
cjal-3204	246	34	there	there	PRON
cjal-3204	246	35	was	be	VERB
cjal-3204	246	36	a	a	DET
cjal-3204	246	37	broad	broad	ADJ
cjal-3204	246	38	original	original	ADJ
cjal-3204	246	39	non	non	ADJ
cjal-3204	246	40	-	-	ADJ
cjal-3204	246	41	recourse	recourse	ADJ
cjal-3204	246	42	clause	clause	NOUN
cjal-3204	246	43	and	and	CCONJ
cjal-3204	246	44	hence	hence	ADV
cjal-3204	246	45	no	no	DET
cjal-3204	246	46	personal	personal	ADJ
cjal-3204	246	47	liability	liability	NOUN
cjal-3204	246	48	on	on	ADP
cjal-3204	246	49	the	the	DET
cjal-3204	246	50	part	part	NOUN
cjal-3204	246	51	of	of	ADP
cjal-3204	246	52	the	the	DET
cjal-3204	246	53	original	original	ADJ
cjal-3204	246	54	borrower	borrower	NOUN
cjal-3204	246	55	.	.	PUNCT
cjal-3204	247	1	now	now	ADV
cjal-3204	247	2	let	let	VERB
cjal-3204	247	3	us	we	PRON
cjal-3204	247	4	turn	turn	VERB
cjal-3204	247	5	to	to	ADP
cjal-3204	247	6	the	the	DET
cjal-3204	247	7	other	other	ADJ
cjal-3204	247	8	question	question	NOUN
cjal-3204	247	9	raised	raise	VERB
cjal-3204	247	10	above	above	ADV
cjal-3204	247	11	:	:	PUNCT
cjal-3204	247	12	does	do	AUX
cjal-3204	247	13	the	the	DET
cjal-3204	247	14	original	original	ADJ
cjal-3204	247	15	borrower	borrower	NOUN
cjal-3204	247	16	continue	continue	VERB
cjal-3204	247	17	to	to	PART
cjal-3204	247	18	be	be	AUX
cjal-3204	247	19	personally	personally	ADV
cjal-3204	247	20	liable	liable	ADJ
cjal-3204	247	21	after	after	ADP
cjal-3204	247	22	selling	sell	VERB
cjal-3204	247	23	the	the	DET
cjal-3204	247	24	real	real	ADJ
cjal-3204	247	25	estate	estate	NOUN
cjal-3204	247	26	to	to	ADP
cjal-3204	247	27	a	a	DET
cjal-3204	247	28	buyer	buyer	NOUN
cjal-3204	247	29	who	who	PRON
cjal-3204	247	30	assumes	assume	VERB
cjal-3204	247	31	or	or	CCONJ
cjal-3204	247	32	takes	take	VERB
cjal-3204	247	33	subject	subject	NOUN
cjal-3204	247	34	to	to	ADP
cjal-3204	247	35	the	the	DET
cjal-3204	247	36	mortgage	mortgage	NOUN
cjal-3204	247	37	?	?	PUNCT
cjal-3204	248	1	under	under	ADP
cjal-3204	248	2	traditional	traditional	ADJ
cjal-3204	248	3	common	common	ADJ
cjal-3204	248	4	-	-	PUNCT
cjal-3204	248	5	law	law	NOUN
cjal-3204	248	6	principles	principle	NOUN
cjal-3204	248	7	,	,	PUNCT
cjal-3204	248	8	the	the	DET
cjal-3204	248	9	answer	answer	NOUN
cjal-3204	248	10	to	to	ADP
cjal-3204	248	11	this	this	DET
cjal-3204	248	12	question	question	NOUN
cjal-3204	248	13	is	be	AUX
cjal-3204	248	14	affirmative	affirmative	ADJ
cjal-3204	248	15	;	;	PUNCT
cjal-3204	248	16	if	if	SCONJ
cjal-3204	248	17	one	one	PRON
cjal-3204	248	18	undertakes	undertake	VERB
cjal-3204	248	19	personal	personal	ADJ
cjal-3204	248	20	liability	liability	NOUN
cjal-3204	248	21	for	for	ADP
cjal-3204	248	22	example	example	NOUN
cjal-3204	248	23	,	,	PUNCT
cjal-3204	248	24	on	on	ADP
cjal-3204	248	25	a	a	DET
cjal-3204	248	26	promissory	promissory	NOUN
cjal-3204	248	27	note	note	NOUN
cjal-3204	248	28	one	one	PRON
cjal-3204	248	29	does	do	AUX
cjal-3204	248	30	not	not	PART
cjal-3204	248	31	escape	escape	VERB
cjal-3204	248	32	that	that	DET
cjal-3204	248	33	liability	liability	NOUN
cjal-3204	248	34	by	by	ADP
cjal-3204	248	35	transferring	transfer	VERB
cjal-3204	248	36	the	the	DET
cjal-3204	248	37	real	real	ADJ
cjal-3204	248	38	estate	estate	NOUN
cjal-3204	248	39	that	that	PRON
cjal-3204	248	40	secures	secure	VERB
cjal-3204	248	41	the	the	DET
cjal-3204	248	42	note	note	NOUN
cjal-3204	248	43	to	to	ADP
cjal-3204	248	44	someone	someone	PRON
cjal-3204	248	45	else	else	ADV
cjal-3204	248	46	,	,	PUNCT
cjal-3204	248	47	unless	unless	SCONJ
cjal-3204	248	48	the	the	DET
cjal-3204	248	49	lender	lender	NOUN
cjal-3204	248	50	is	be	AUX
cjal-3204	248	51	willing	willing	ADJ
cjal-3204	248	52	at	at	ADP
cjal-3204	248	53	that	that	DET
cjal-3204	248	54	point	point	NOUN
cjal-3204	248	55	to	to	PART
cjal-3204	248	56	give	give	VERB
cjal-3204	248	57	a	a	DET
cjal-3204	248	58	voluntary	voluntary	ADJ
cjal-3204	248	59	release	release	NOUN
cjal-3204	248	60	of	of	ADP
cjal-3204	248	61	liability.31	liability.31	NOUN
cjal-3204	248	62	however	however	ADV
cjal-3204	248	63	,	,	PUNCT
cjal-3204	248	64	the	the	DET
cjal-3204	248	65	borrower	borrower	NOUN
cjal-3204	248	66	is	be	AUX
cjal-3204	248	67	now	now	ADV
cjal-3204	248	68	considered	consider	VERB
cjal-3204	248	69	a	a	DET
cjal-3204	248	70	surety	surety	NOUN
cjal-3204	248	71	,	,	PUNCT
cjal-3204	248	72	with	with	ADP
cjal-3204	248	73	primary	primary	ADJ
cjal-3204	248	74	liability	liability	NOUN
cjal-3204	248	75	residing	reside	VERB
cjal-3204	248	76	in	in	ADP
cjal-3204	248	77	the	the	DET
cjal-3204	248	78	new	new	ADJ
cjal-3204	248	79	owner	owner	NOUN
cjal-3204	248	80	(	(	PUNCT
cjal-3204	248	81	if	if	SCONJ
cjal-3204	248	82	that	that	DET
cjal-3204	248	83	person	person	NOUN
cjal-3204	248	84	enters	enter	VERB
cjal-3204	248	85	into	into	ADP
cjal-3204	248	86	an	an	DET
cjal-3204	248	87	assumption	assumption	NOUN
cjal-3204	248	88	agreement	agreement	NOUN
cjal-3204	248	89	)	)	PUNCT
cjal-3204	248	90	or	or	CCONJ
cjal-3204	248	91	the	the	DET
cjal-3204	248	92	land	land	NOUN
cjal-3204	248	93	(	(	PUNCT
cjal-3204	248	94	if	if	SCONJ
cjal-3204	248	95	there	there	PRON
cjal-3204	248	96	is	be	VERB
cjal-3204	248	97	no	no	DET
cjal-3204	248	98	assumption	assumption	NOUN
cjal-3204	248	99	agreement).32	agreement).32	NOUN
cjal-3204	248	100	this	this	DET
cjal-3204	248	101	continued	continue	VERB
cjal-3204	248	102	liability	liability	NOUN
cjal-3204	248	103	of	of	ADP
cjal-3204	248	104	the	the	DET
cjal-3204	248	105	original	original	ADJ
cjal-3204	248	106	borrower	borrower	NOUN
cjal-3204	248	107	is	be	AUX
cjal-3204	248	108	arguably	arguably	ADV
cjal-3204	248	109	sensible	sensible	ADJ
cjal-3204	248	110	if	if	SCONJ
cjal-3204	248	111	the	the	DET
cjal-3204	248	112	lender	lender	NOUN
cjal-3204	248	113	relied	rely	VERB
cjal-3204	248	114	on	on	ADP
cjal-3204	248	115	that	that	DET
cjal-3204	248	116	party	party	NOUN
cjal-3204	248	117	's	's	PART
cjal-3204	248	118	income	income	NOUN
cjal-3204	248	119	and	and	CCONJ
cjal-3204	248	120	creditworthiness	creditworthiness	NOUN
cjal-3204	248	121	in	in	ADP
cjal-3204	248	122	making	make	VERB
cjal-3204	248	123	the	the	DET
cjal-3204	248	124	original	original	ADJ
cjal-3204	248	125	loan	loan	NOUN
cjal-3204	248	126	.	.	PUNCT
cjal-3204	249	1	on	on	ADP
cjal-3204	249	2	the	the	DET
cjal-3204	249	3	other	other	ADJ
cjal-3204	249	4	hand	hand	NOUN
cjal-3204	249	5	,	,	PUNCT
cjal-3204	249	6	since	since	SCONJ
cjal-3204	249	7	the	the	DET
cjal-3204	249	8	lender	lender	NOUN
cjal-3204	249	9	almost	almost	ADV
cjal-3204	249	10	invariably	invariably	ADV
cjal-3204	249	11	has	have	VERB
cjal-3204	249	12	the	the	DET
cjal-3204	249	13	authority	authority	NOUN
cjal-3204	249	14	under	under	ADP
cjal-3204	249	15	its	its	PRON
cjal-3204	249	16	due	due	ADJ
cjal-3204	249	17	-	-	PUNCT
cjal-3204	249	18	on	on	ADP
cjal-3204	249	19	-	-	PUNCT
cjal-3204	249	20	sale	sale	NOUN
cjal-3204	249	21	clause	clause	NOUN
cjal-3204	249	22	to	to	PART
cjal-3204	249	23	block	block	VERB
cjal-3204	249	24	a	a	DET
cjal-3204	249	25	transfer	transfer	NOUN
cjal-3204	249	26	in	in	ADP
cjal-3204	249	27	which	which	PRON
cjal-3204	249	28	the	the	DET
cjal-3204	249	29	mortgage	mortgage	NOUN
cjal-3204	249	30	remains	remain	VERB
cjal-3204	249	31	on	on	ADP
cjal-3204	249	32	the	the	DET
cjal-3204	249	33	property	property	NOUN
cjal-3204	249	34	,	,	PUNCT
cjal-3204	249	35	one	one	PRON
cjal-3204	249	36	might	might	AUX
cjal-3204	249	37	argue	argue	VERB
cjal-3204	249	38	that	that	SCONJ
cjal-3204	249	39	the	the	DET
cjal-3204	249	40	lender	lender	NOUN
cjal-3204	249	41	should	should	AUX
cjal-3204	249	42	satisfy	satisfy	VERB
cjal-3204	249	43	itself	itself	PRON
cjal-3204	249	44	as	as	ADP
cjal-3204	249	45	to	to	ADP
cjal-3204	249	46	the	the	DET
cjal-3204	249	47	credit	credit	NOUN
cjal-3204	249	48	-	-	PUNCT
cjal-3204	249	49	worthiness	worthiness	NOUN
cjal-3204	249	50	of	of	ADP
cjal-3204	249	51	the	the	DET
cjal-3204	249	52	new	new	ADJ
cjal-3204	249	53	owner	owner	NOUN
cjal-3204	249	54	,	,	PUNCT
cjal-3204	249	55	and	and	CCONJ
cjal-3204	249	56	should	should	AUX
cjal-3204	249	57	be	be	AUX
cjal-3204	249	58	willing	willing	ADJ
cjal-3204	249	59	to	to	PART
cjal-3204	249	60	forego	forego	VERB
cjal-3204	249	61	any	any	DET
cjal-3204	249	62	claim	claim	NOUN
cjal-3204	249	63	of	of	ADP
cjal-3204	249	64	liability	liability	NOUN
cjal-3204	249	65	against	against	ADP
cjal-3204	249	66	the	the	DET
cjal-3204	249	67	original	original	ADJ
cjal-3204	249	68	borrower	borrower	NOUN
cjal-3204	249	69	after	after	SCONJ
cjal-3204	249	70	it	it	PRON
cjal-3204	249	71	approves	approve	VERB
cjal-3204	249	72	the	the	DET
cjal-3204	249	73	sale	sale	NOUN
cjal-3204	249	74	of	of	ADP
cjal-3204	249	75	the	the	DET
cjal-3204	249	76	property.33whether	property.33whether	PROPN
cjal-3204	249	77	this	this	DET
cjal-3204	249	78	language	language	NOUN
cjal-3204	249	79	has	have	VERB
cjal-3204	249	80	the	the	DET
cjal-3204	249	81	effect	effect	NOUN
cjal-3204	249	82	of	of	ADP
cjal-3204	249	83	compelling	compelling	ADJ
cjal-3204	249	84	the	the	DET
cjal-3204	249	85	30	30	NUM
cjal-3204	249	86	.	.	PUNCT
cjal-3204	250	1	of	of	ADV
cjal-3204	250	2	course	course	ADV
cjal-3204	250	3	this	this	DET
cjal-3204	250	4	matter	matter	NOUN
cjal-3204	250	5	is	be	AUX
cjal-3204	250	6	open	open	ADJ
cjal-3204	250	7	to	to	ADP
cjal-3204	250	8	negotiation	negotiation	NOUN
cjal-3204	250	9	,	,	PUNCT
cjal-3204	250	10	and	and	CCONJ
cjal-3204	250	11	it	it	PRON
cjal-3204	250	12	is	be	AUX
cjal-3204	250	13	conceivable	conceivable	ADJ
cjal-3204	250	14	that	that	SCONJ
cjal-3204	250	15	a	a	DET
cjal-3204	250	16	buyer	buyer	NOUN
cjal-3204	250	17	could	could	AUX
cjal-3204	250	18	offer	offer	VERB
cjal-3204	250	19	to	to	PART
cjal-3204	250	20	pay	pay	VERB
cjal-3204	250	21	a	a	DET
cjal-3204	250	22	higher	high	ADJ
cjal-3204	250	23	interest	interest	NOUN
cjal-3204	250	24	rate	rate	NOUN
cjal-3204	250	25	in	in	ADP
cjal-3204	250	26	return	return	NOUN
cjal-3204	250	27	for	for	ADP
cjal-3204	250	28	the	the	DET
cjal-3204	250	29	lender	lender	NOUN
cjal-3204	250	30	's	's	PART
cjal-3204	250	31	willingness	willingness	NOUN
cjal-3204	250	32	to	to	PART
cjal-3204	250	33	forego	forego	VERB
cjal-3204	250	34	its	its	PRON
cjal-3204	250	35	demand	demand	NOUN
cjal-3204	250	36	for	for	ADP
cjal-3204	250	37	an	an	DET
cjal-3204	250	38	assumption	assumption	NOUN
cjal-3204	250	39	agreement	agreement	NOUN
cjal-3204	250	40	.	.	PUNCT
cjal-3204	251	1	31	31	NUM
cjal-3204	251	2	.	.	PUNCT
cjal-3204	252	1	this	this	PRON
cjal-3204	252	2	follows	follow	VERB
cjal-3204	252	3	from	from	ADP
cjal-3204	252	4	the	the	DET
cjal-3204	252	5	common	common	ADJ
cjal-3204	252	6	law	law	NOUN
cjal-3204	252	7	principle	principle	NOUN
cjal-3204	252	8	that	that	SCONJ
cjal-3204	252	9	a	a	DET
cjal-3204	252	10	party	party	NOUN
cjal-3204	252	11	may	may	AUX
cjal-3204	252	12	delegate	delegate	VERB
cjal-3204	252	13	his	his	PRON
cjal-3204	252	14	or	or	CCONJ
cjal-3204	252	15	her	her	PRON
cjal-3204	252	16	duties	duty	NOUN
cjal-3204	252	17	a	a	DET
cjal-3204	252	18	contract	contract	NOUN
cjal-3204	252	19	,	,	PUNCT
cjal-3204	252	20	but	but	CCONJ
cjal-3204	252	21	doing	do	VERB
cjal-3204	252	22	so	so	ADV
cjal-3204	252	23	does	do	AUX
cjal-3204	252	24	not	not	PART
cjal-3204	252	25	relieve	relieve	VERB
cjal-3204	252	26	one	one	NUM
cjal-3204	252	27	from	from	ADP
cjal-3204	252	28	liability	liability	NOUN
cjal-3204	252	29	for	for	ADP
cjal-3204	252	30	performance	performance	NOUN
cjal-3204	252	31	of	of	ADP
cjal-3204	252	32	those	those	DET
cjal-3204	252	33	duties	duty	NOUN
cjal-3204	252	34	.	.	PUNCT
cjal-3204	253	1	see	see	VERB
cjal-3204	253	2	,	,	PUNCT
cjal-3204	253	3	e.g.	e.g.	ADV
cjal-3204	253	4	,	,	PUNCT
cjal-3204	253	5	restatement	restatement	NOUN
cjal-3204	253	6	(	(	PUNCT
cjal-3204	253	7	second	second	ADJ
cjal-3204	253	8	)	)	PUNCT
cjal-3204	253	9	of	of	ADP
cjal-3204	253	10	contracts	contract	NOUN
cjal-3204	253	11	§	§	PROPN
cjal-3204	253	12	318(c	318(c	PROPN
cjal-3204	253	13	)	)	PUNCT
cjal-3204	253	14	(	(	PUNCT
cjal-3204	253	15	1981	1981	NUM
cjal-3204	253	16	):	):	PUNCT
cjal-3204	253	17	"	"	PUNCT
cjal-3204	253	18	unless	unless	SCONJ
cjal-3204	253	19	the	the	DET
cjal-3204	253	20	obligee	obligee	PROPN
cjal-3204	253	21	agrees	agree	VERB
cjal-3204	253	22	otherwise	otherwise	ADV
cjal-3204	253	23	,	,	PUNCT
cjal-3204	253	24	neither	neither	DET
cjal-3204	253	25	delegation	delegation	NOUN
cjal-3204	253	26	of	of	ADP
cjal-3204	253	27	performance	performance	NOUN
cjal-3204	253	28	nor	nor	CCONJ
cjal-3204	253	29	a	a	DET
cjal-3204	253	30	contract	contract	NOUN
cjal-3204	253	31	to	to	PART
cjal-3204	253	32	assume	assume	VERB
cjal-3204	253	33	the	the	DET
cjal-3204	253	34	duty	duty	NOUN
cjal-3204	253	35	made	make	VERB
cjal-3204	253	36	with	with	ADP
cjal-3204	253	37	the	the	DET
cjal-3204	253	38	obligor	obligor	NOUN
cjal-3204	253	39	by	by	ADP
cjal-3204	253	40	the	the	DET
cjal-3204	253	41	person	person	NOUN
cjal-3204	253	42	delegated	delegate	VERB
cjal-3204	253	43	discharges	discharge	NOUN
cjal-3204	253	44	any	any	DET
cjal-3204	253	45	duty	duty	NOUN
cjal-3204	253	46	or	or	CCONJ
cjal-3204	253	47	liability	liability	NOUN
cjal-3204	253	48	of	of	ADP
cjal-3204	253	49	the	the	DET
cjal-3204	253	50	delegating	delegate	VERB
cjal-3204	253	51	obligor	obligor	NOUN
cjal-3204	253	52	.	.	PUNCT
cjal-3204	253	53	"	"	PUNCT
cjal-3204	254	1	in	in	ADP
cjal-3204	254	2	home	home	NOUN
cjal-3204	254	3	loans	loan	NOUN
cjal-3204	254	4	insured	insure	VERB
cjal-3204	254	5	by	by	ADP
cjal-3204	254	6	the	the	DET
cjal-3204	254	7	federal	federal	PROPN
cjal-3204	254	8	housing	housing	PROPN
cjal-3204	254	9	administration	administration	PROPN
cjal-3204	254	10	,	,	PUNCT
cjal-3204	254	11	the	the	DET
cjal-3204	254	12	lender	lender	NOUN
cjal-3204	254	13	is	be	AUX
cjal-3204	254	14	required	require	VERB
cjal-3204	254	15	to	to	PART
cjal-3204	254	16	release	release	VERB
cjal-3204	254	17	the	the	DET
cjal-3204	254	18	borrower	borrower	NOUN
cjal-3204	254	19	if	if	SCONJ
cjal-3204	254	20	the	the	DET
cjal-3204	254	21	new	new	ADJ
cjal-3204	254	22	owner	owner	NOUN
cjal-3204	254	23	qualifies	qualify	VERB
cjal-3204	254	24	under	under	ADP
cjal-3204	254	25	fha	fha	PROPN
cjal-3204	254	26	's	's	PART
cjal-3204	254	27	underwriting	underwriting	NOUN
cjal-3204	254	28	guidelines	guideline	NOUN
cjal-3204	254	29	and	and	CCONJ
cjal-3204	254	30	enters	enter	VERB
cjal-3204	254	31	into	into	ADP
cjal-3204	254	32	an	an	DET
cjal-3204	254	33	assumption	assumption	NOUN
cjal-3204	254	34	agreement	agreement	NOUN
cjal-3204	254	35	;	;	PUNCT
cjal-3204	254	36	see	see	VERB
cjal-3204	254	37	24	24	NUM
cjal-3204	254	38	c.f.r	c.f.r	NOUN
cjal-3204	254	39	.	.	PUNCT
cjal-3204	255	1	§	§	PROPN
cjal-3204	255	2	203.510	203.510	NUM
cjal-3204	255	3	.	.	PUNCT
cjal-3204	256	1	in	in	ADP
cjal-3204	256	2	loans	loan	NOUN
cjal-3204	256	3	guaranteed	guarantee	VERB
cjal-3204	256	4	by	by	ADP
cjal-3204	256	5	the	the	DET
cjal-3204	256	6	department	department	PROPN
cjal-3204	256	7	of	of	ADP
cjal-3204	256	8	veterans	veterans	PROPN
cjal-3204	256	9	affairs	affairs	PROPN
cjal-3204	256	10	,	,	PUNCT
cjal-3204	256	11	a	a	DET
cjal-3204	256	12	similar	similar	ADJ
cjal-3204	256	13	rule	rule	NOUN
cjal-3204	256	14	is	be	AUX
cjal-3204	256	15	followed	follow	VERB
cjal-3204	256	16	,	,	PUNCT
cjal-3204	256	17	but	but	CCONJ
cjal-3204	256	18	the	the	DET
cjal-3204	256	19	release	release	NOUN
cjal-3204	256	20	is	be	AUX
cjal-3204	256	21	only	only	ADV
cjal-3204	256	22	of	of	ADP
cjal-3204	256	23	the	the	DET
cjal-3204	256	24	va	va	NOUN
cjal-3204	256	25	's	's	PART
cjal-3204	256	26	claim	claim	NOUN
cjal-3204	256	27	and	and	CCONJ
cjal-3204	256	28	not	not	PART
cjal-3204	256	29	necessarily	necessarily	ADV
cjal-3204	256	30	the	the	DET
cjal-3204	256	31	mortgagee	mortgagee	NOUN
cjal-3204	256	32	's	's	PART
cjal-3204	256	33	;	;	PUNCT
cjal-3204	256	34	see	see	VERB
cjal-3204	256	35	38	38	NUM
cjal-3204	256	36	c.f.r	c.f.r	NOUN
cjal-3204	256	37	.	.	PUNCT
cjal-3204	257	1	§	§	PROPN
cjal-3204	257	2	36.4323(h	36.4323(h	NUM
cjal-3204	257	3	)	)	PUNCT
cjal-3204	257	4	.	.	PUNCT
cjal-3204	258	1	it	it	PRON
cjal-3204	258	2	is	be	AUX
cjal-3204	258	3	improbable	improbable	ADJ
cjal-3204	258	4	,	,	PUNCT
cjal-3204	258	5	but	but	CCONJ
cjal-3204	258	6	not	not	PART
cjal-3204	258	7	impossible	impossible	ADJ
cjal-3204	258	8	,	,	PUNCT
cjal-3204	258	9	that	that	SCONJ
cjal-3204	258	10	the	the	DET
cjal-3204	258	11	mortgagee	mortgagee	NOUN
cjal-3204	258	12	would	would	AUX
cjal-3204	258	13	have	have	VERB
cjal-3204	258	14	a	a	DET
cjal-3204	258	15	further	further	ADJ
cjal-3204	258	16	claim	claim	NOUN
cjal-3204	258	17	against	against	ADP
cjal-3204	258	18	the	the	DET
cjal-3204	258	19	original	original	ADJ
cjal-3204	258	20	borrower	borrower	NOUN
cjal-3204	258	21	after	after	ADP
cjal-3204	258	22	completing	complete	VERB
cjal-3204	258	23	the	the	DET
cjal-3204	258	24	va	va	PROPN
cjal-3204	258	25	claim	claim	NOUN
cjal-3204	258	26	process	process	NOUN
cjal-3204	258	27	.	.	PUNCT
cjal-3204	259	1	32	32	NUM
cjal-3204	259	2	.	.	PUNCT
cjal-3204	260	1	because	because	SCONJ
cjal-3204	260	2	of	of	ADP
cjal-3204	260	3	the	the	DET
cjal-3204	260	4	original	original	ADJ
cjal-3204	260	5	borrower	borrower	NOUN
cjal-3204	260	6	's	's	PART
cjal-3204	260	7	liability	liability	NOUN
cjal-3204	260	8	being	be	AUX
cjal-3204	260	9	characterized	characterize	VERB
cjal-3204	260	10	as	as	ADP
cjal-3204	260	11	a	a	DET
cjal-3204	260	12	suretyship	suretyship	NOUN
cjal-3204	260	13	duty	duty	NOUN
cjal-3204	260	14	,	,	PUNCT
cjal-3204	260	15	the	the	DET
cjal-3204	260	16	borrower	borrower	NOUN
cjal-3204	260	17	may	may	AUX
cjal-3204	260	18	be	be	AUX
cjal-3204	260	19	discharged	discharge	VERB
cjal-3204	260	20	as	as	ADP
cjal-3204	260	21	a	a	DET
cjal-3204	260	22	matter	matter	NOUN
cjal-3204	260	23	of	of	ADP
cjal-3204	260	24	law	law	NOUN
cjal-3204	260	25	if	if	SCONJ
cjal-3204	260	26	the	the	DET
cjal-3204	260	27	lender	lender	NOUN
cjal-3204	260	28	and	and	CCONJ
cjal-3204	260	29	the	the	DET
cjal-3204	260	30	new	new	ADJ
cjal-3204	260	31	owner	owner	NOUN
cjal-3204	260	32	modify	modify	VERB
cjal-3204	260	33	the	the	DET
cjal-3204	260	34	terms	term	NOUN
cjal-3204	260	35	of	of	ADP
cjal-3204	260	36	the	the	DET
cjal-3204	260	37	loan	loan	NOUN
cjal-3204	260	38	.	.	PUNCT
cjal-3204	261	1	the	the	DET
cjal-3204	261	2	raising	raising	NOUN
cjal-3204	261	3	of	of	ADP
cjal-3204	261	4	these	these	DET
cjal-3204	261	5	"	"	PUNCT
cjal-3204	261	6	suretyship	suretyship	NOUN
cjal-3204	261	7	defenses	defense	NOUN
cjal-3204	261	8	"	"	PUNCT
cjal-3204	261	9	by	by	ADP
cjal-3204	261	10	the	the	DET
cjal-3204	261	11	original	original	ADJ
cjal-3204	261	12	borrower	borrower	NOUN
cjal-3204	261	13	is	be	AUX
cjal-3204	261	14	complex	complex	ADJ
cjal-3204	261	15	and	and	CCONJ
cjal-3204	261	16	fraught	fraught	ADJ
cjal-3204	261	17	with	with	ADP
cjal-3204	261	18	difficult	difficult	ADJ
cjal-3204	261	19	issues	issue	NOUN
cjal-3204	261	20	;	;	PUNCT
cjal-3204	261	21	see	see	VERB
cjal-3204	261	22	restatement	restatement	NOUN
cjal-3204	261	23	(	(	PUNCT
cjal-3204	261	24	third	third	ADJ
cjal-3204	261	25	)	)	PUNCT
cjal-3204	261	26	of	of	ADP
cjal-3204	261	27	property	property	NOUN
cjal-3204	261	28	:	:	PUNCT
cjal-3204	261	29	mortgages	mortgage	NOUN
cjal-3204	261	30	§	§	PROPN
cjal-3204	261	31	5.3	5.3	NUM
cjal-3204	261	32	(	(	PUNCT
cjal-3204	261	33	1997	1997	NUM
cjal-3204	261	34	)	)	PUNCT
cjal-3204	261	35	.	.	PUNCT
cjal-3204	262	1	33	33	NUM
cjal-3204	262	2	.	.	PUNCT
cjal-3204	263	1	indeed	indeed	ADV
cjal-3204	263	2	,	,	PUNCT
cjal-3204	263	3	perhaps	perhaps	ADV
cjal-3204	263	4	this	this	PRON
cjal-3204	263	5	is	be	AUX
cjal-3204	263	6	precisely	precisely	ADV
cjal-3204	263	7	the	the	DET
cjal-3204	263	8	result	result	NOUN
cjal-3204	263	9	under	under	ADP
cjal-3204	263	10	the	the	DET
cjal-3204	263	11	regulation	regulation	NOUN
cjal-3204	263	12	of	of	ADP
cjal-3204	263	13	the	the	DET
cjal-3204	263	14	office	office	NOUN
cjal-3204	263	15	of	of	ADP
cjal-3204	263	16	thrift	thrift	NOUN
cjal-3204	263	17	supervision	supervision	NOUN
cjal-3204	263	18	,	,	PUNCT
cjal-3204	263	19	issued	issue	VERB
cjal-3204	263	20	under	under	ADP
cjal-3204	263	21	the	the	DET
cjal-3204	263	22	authority	authority	NOUN
cjal-3204	263	23	of	of	ADP
cjal-3204	263	24	the	the	DET
cjal-3204	263	25	gam	gam	PROPN
cjal-3204	263	26	-	-	PUNCT
cjal-3204	263	27	st	st	PROPN
cjal-3204	263	28	.	.	PROPN
cjal-3204	263	29	germain	germain	PROPN
cjal-3204	263	30	depository	depository	NOUN
cjal-3204	263	31	institutions	institution	NOUN
cjal-3204	263	32	act	act	VERB
cjal-3204	263	33	of	of	ADP
cjal-3204	263	34	1982	1982	NUM
cjal-3204	263	35	,	,	PUNCT
cjal-3204	263	36	supra	supra	PROPN
cjal-3204	263	37	note	note	NOUN
cjal-3204	263	38	18	18	NUM
cjal-3204	263	39	.	.	PUNCT
cjal-3204	264	1	see	see	VERB
cjal-3204	264	2	12	12	NUM
cjal-3204	264	3	c.f.r	c.f.r	NOUN
cjal-3204	264	4	.	.	PUNCT
cjal-3204	265	1	§	§	PROPN
cjal-3204	265	2	591.5(b)(4	591.5(b)(4	NUM
cjal-3204	265	3	):	):	PUNCT
cjal-3204	265	4	a	a	DET
cjal-3204	265	5	lender	lender	NOUN
cjal-3204	265	6	waives	waive	VERB
cjal-3204	265	7	its	its	PRON
cjal-3204	265	8	option	option	NOUN
cjal-3204	265	9	to	to	PART
cjal-3204	265	10	exercise	exercise	VERB
cjal-3204	265	11	a	a	DET
cjal-3204	265	12	dueon	dueon	NOUN
cjal-3204	265	13	-	-	PUNCT
cjal-3204	265	14	sale	sale	NOUN
cjal-3204	265	15	clause	clause	NOUN
cjal-3204	265	16	as	as	ADP
cjal-3204	265	17	to	to	ADP
cjal-3204	265	18	a	a	DET
cjal-3204	265	19	specific	specific	ADJ
cjal-3204	265	20	transfer	transfer	NOUN
cjal-3204	265	21	if	if	SCONJ
cjal-3204	265	22	,	,	PUNCT
cjal-3204	265	23	before	before	ADP
cjal-3204	265	24	the	the	DET
cjal-3204	265	25	transfer	transfer	NOUN
cjal-3204	265	26	,	,	PUNCT
cjal-3204	265	27	the	the	DET
cjal-3204	265	28	lender	lender	NOUN
cjal-3204	265	29	and	and	CCONJ
cjal-3204	265	30	the	the	DET
cjal-3204	265	31	existing	exist	VERB
cjal-3204	265	32	borrower	borrower	NOUN
cjal-3204	265	33	's	's	PART
cjal-3204	265	34	prospective	prospective	ADJ
cjal-3204	265	35	successor	successor	NOUN
cjal-3204	265	36	in	in	ADP
cjal-3204	265	37	interest	interest	NOUN
cjal-3204	265	38	agree	agree	VERB
cjal-3204	265	39	in	in	ADP
cjal-3204	265	40	writing	write	VERB
cjal-3204	265	41	that	that	SCONJ
cjal-3204	265	42	the	the	DET
cjal-3204	265	43	successor	successor	NOUN
cjal-3204	265	44	in	in	ADP
cjal-3204	265	45	interest	interest	NOUN
cjal-3204	265	46	will	will	AUX
cjal-3204	265	47	be	be	AUX
cjal-3204	265	48	obligated	obligate	VERB
cjal-3204	265	49	under	under	ADP
cjal-3204	265	50	the	the	DET
cjal-3204	265	51	terms	term	NOUN
cjal-3204	265	52	of	of	ADP
cjal-3204	265	53	the	the	DET
cjal-3204	265	54	loan	loan	NOUN
cjal-3204	265	55	and	and	CCONJ
cjal-3204	265	56	that	that	SCONJ
cjal-3204	265	57	interest	interest	NOUN
cjal-3204	265	58	on	on	ADP
cjal-3204	265	59	sums	sum	NOUN
cjal-3204	265	60	[	[	PUNCT
cjal-3204	265	61	15:1	15:1	NUM
cjal-3204	265	62	chnese	chnese	ADJ
cjal-3204	265	63	mortgage	mortgage	NOUN
cjal-3204	265	64	la	la	PROPN
cjal-3204	265	65	w	w	PROPN
cjal-3204	265	66	lender	lender	NOUN
cjal-3204	265	67	to	to	PART
cjal-3204	265	68	release	release	VERB
cjal-3204	265	69	the	the	DET
cjal-3204	265	70	original	original	ADJ
cjal-3204	265	71	borrower	borrower	NOUN
cjal-3204	265	72	is	be	AUX
cjal-3204	265	73	uncertain	uncertain	ADJ
cjal-3204	265	74	.	.	PUNCT
cjal-3204	266	1	the	the	DET
cjal-3204	266	2	general	general	ADJ
cjal-3204	266	3	counsel	counsel	NOUN
cjal-3204	266	4	of	of	ADP
cjal-3204	266	5	the	the	DET
cjal-3204	266	6	federal	federal	PROPN
cjal-3204	266	7	home	home	PROPN
cjal-3204	266	8	loan	loan	PROPN
cjal-3204	266	9	bank	bank	PROPN
cjal-3204	266	10	board	board	PROPN
cjal-3204	266	11	(	(	PUNCT
cjal-3204	266	12	the	the	DET
cjal-3204	266	13	predecessor	predecessor	NOUN
cjal-3204	266	14	agency	agency	NOUN
cjal-3204	266	15	of	of	ADP
cjal-3204	266	16	the	the	DET
cjal-3204	266	17	ots	ots	PROPN
cjal-3204	266	18	)	)	PUNCT
cjal-3204	266	19	and	and	CCONJ
cjal-3204	266	20	one	one	NUM
cjal-3204	266	21	court	court	NOUN
cjal-3204	266	22	have	have	AUX
cjal-3204	266	23	held	hold	VERB
cjal-3204	266	24	that	that	SCONJ
cjal-3204	266	25	it	it	PRON
cjal-3204	266	26	does	do	VERB
cjal-3204	266	27	not	not	PART
cjal-3204	266	28	.	.	PUNCT
cjal-3204	267	1	this	this	DET
cjal-3204	267	2	argument	argument	NOUN
cjal-3204	267	3	has	have	VERB
cjal-3204	267	4	great	great	ADJ
cjal-3204	267	5	force	force	NOUN
cjal-3204	267	6	in	in	ADP
cjal-3204	267	7	the	the	DET
cjal-3204	267	8	case	case	NOUN
cjal-3204	267	9	of	of	ADP
cjal-3204	267	10	residential	residential	ADJ
cjal-3204	267	11	mortgage	mortgage	NOUN
cjal-3204	267	12	loans	loan	NOUN
cjal-3204	267	13	,	,	PUNCT
cjal-3204	267	14	since	since	SCONJ
cjal-3204	267	15	it	it	PRON
cjal-3204	267	16	is	be	AUX
cjal-3204	267	17	often	often	ADV
cjal-3204	267	18	the	the	DET
cjal-3204	267	19	case	case	NOUN
cjal-3204	267	20	that	that	SCONJ
cjal-3204	267	21	the	the	DET
cjal-3204	267	22	original	original	ADJ
cjal-3204	267	23	borrower	borrower	NOUN
cjal-3204	267	24	does	do	AUX
cjal-3204	267	25	not	not	PART
cjal-3204	267	26	realize	realize	VERB
cjal-3204	267	27	that	that	SCONJ
cjal-3204	267	28	she	she	PRON
cjal-3204	267	29	or	or	CCONJ
cjal-3204	267	30	he	he	PRON
cjal-3204	267	31	remains	remain	VERB
cjal-3204	267	32	liable	liable	ADJ
cjal-3204	267	33	on	on	ADP
cjal-3204	267	34	the	the	DET
cjal-3204	267	35	debt	debt	NOUN
cjal-3204	267	36	.	.	PUNCT
cjal-3204	268	1	discovering	discover	VERB
cjal-3204	268	2	,	,	PUNCT
cjal-3204	268	3	perhaps	perhaps	ADV
cjal-3204	268	4	years	year	NOUN
cjal-3204	268	5	after	after	ADP
cjal-3204	268	6	selling	sell	VERB
cjal-3204	268	7	a	a	DET
cjal-3204	268	8	house	house	NOUN
cjal-3204	268	9	,	,	PUNCT
cjal-3204	268	10	that	that	SCONJ
cjal-3204	268	11	one	one	NOUN
cjal-3204	268	12	is	be	AUX
cjal-3204	268	13	being	be	AUX
cjal-3204	268	14	sued	sue	VERB
cjal-3204	268	15	for	for	ADP
cjal-3204	268	16	a	a	DET
cjal-3204	268	17	deficiency	deficiency	NOUN
cjal-3204	268	18	following	follow	VERB
cjal-3204	268	19	a	a	DET
cjal-3204	268	20	foreclosure	foreclosure	NOUN
cjal-3204	268	21	action	action	NOUN
cjal-3204	268	22	brought	bring	VERB
cjal-3204	268	23	against	against	ADP
cjal-3204	268	24	the	the	DET
cjal-3204	268	25	subsequent	subsequent	ADJ
cjal-3204	268	26	owner	owner	NOUN
cjal-3204	268	27	can	can	AUX
cjal-3204	268	28	be	be	AUX
cjal-3204	268	29	a	a	DET
cjal-3204	268	30	rude	rude	ADJ
cjal-3204	268	31	shock	shock	NOUN
cjal-3204	268	32	indeed.34	indeed.34	NOUN
cjal-3204	268	33	summary	summary	NOUN
cjal-3204	268	34	and	and	CCONJ
cjal-3204	268	35	policy	policy	NOUN
cjal-3204	268	36	evaluation	evaluation	NOUN
cjal-3204	268	37	.	.	PUNCT
cjal-3204	269	1	let	let	VERB
cjal-3204	269	2	us	we	PRON
cjal-3204	269	3	now	now	ADV
cjal-3204	269	4	summarize	summarize	VERB
cjal-3204	269	5	and	and	CCONJ
cjal-3204	269	6	evaluate	evaluate	VERB
cjal-3204	269	7	the	the	DET
cjal-3204	269	8	way	way	NOUN
cjal-3204	269	9	american	american	ADJ
cjal-3204	269	10	law	law	NOUN
cjal-3204	269	11	treats	treat	VERB
cjal-3204	269	12	the	the	DET
cjal-3204	269	13	transfers	transfer	NOUN
cjal-3204	269	14	of	of	ADP
cjal-3204	269	15	mortgaged	mortgaged	ADJ
cjal-3204	269	16	property	property	NOUN
cjal-3204	269	17	.	.	PUNCT
cjal-3204	270	1	here	here	ADV
cjal-3204	270	2	are	be	AUX
cjal-3204	270	3	the	the	DET
cjal-3204	270	4	fundamental	fundamental	ADJ
cjal-3204	270	5	elements	element	NOUN
cjal-3204	270	6	of	of	ADP
cjal-3204	270	7	the	the	DET
cjal-3204	270	8	system	system	NOUN
cjal-3204	270	9	,	,	PUNCT
cjal-3204	270	10	with	with	ADP
cjal-3204	270	11	a	a	DET
cjal-3204	270	12	commentary	commentary	NOUN
cjal-3204	270	13	about	about	ADP
cjal-3204	270	14	the	the	DET
cjal-3204	270	15	equity	equity	NOUN
cjal-3204	270	16	and	and	CCONJ
cjal-3204	270	17	efficiency	efficiency	NOUN
cjal-3204	270	18	of	of	ADP
cjal-3204	270	19	each	each	PRON
cjal-3204	270	20	of	of	ADP
cjal-3204	270	21	them	they	PRON
cjal-3204	270	22	.	.	PUNCT
cjal-3204	271	1	1	1	X
cjal-3204	271	2	.	.	X
cjal-3204	271	3	no	no	DET
cjal-3204	271	4	lender	lender	NOUN
cjal-3204	271	5	control	control	NOUN
cjal-3204	271	6	if	if	SCONJ
cjal-3204	271	7	loan	loan	NOUN
cjal-3204	271	8	is	be	AUX
cjal-3204	271	9	paid	pay	VERB
cjal-3204	271	10	off	off	ADP
cjal-3204	271	11	.	.	PUNCT
cjal-3204	272	1	if	if	SCONJ
cjal-3204	272	2	the	the	DET
cjal-3204	272	3	purchaser	purchaser	NOUN
cjal-3204	272	4	of	of	ADP
cjal-3204	272	5	the	the	DET
cjal-3204	272	6	property	property	NOUN
cjal-3204	272	7	is	be	AUX
cjal-3204	272	8	willing	willing	ADJ
cjal-3204	272	9	to	to	PART
cjal-3204	272	10	obtain	obtain	VERB
cjal-3204	272	11	new	new	ADJ
cjal-3204	272	12	financing	financing	NOUN
cjal-3204	272	13	,	,	PUNCT
cjal-3204	272	14	rather	rather	ADV
cjal-3204	272	15	than	than	ADP
cjal-3204	272	16	taking	take	VERB
cjal-3204	272	17	over	over	ADP
cjal-3204	272	18	the	the	DET
cjal-3204	272	19	existing	exist	VERB
cjal-3204	272	20	loan	loan	NOUN
cjal-3204	272	21	,	,	PUNCT
cjal-3204	272	22	the	the	DET
cjal-3204	272	23	lender	lender	NOUN
cjal-3204	272	24	has	have	VERB
cjal-3204	272	25	no	no	DET
cjal-3204	272	26	control	control	NOUN
cjal-3204	272	27	of	of	ADP
cjal-3204	272	28	the	the	DET
cjal-3204	272	29	transfer	transfer	NOUN
cjal-3204	272	30	whatever	whatever	PRON
cjal-3204	272	31	,	,	PUNCT
cjal-3204	272	32	and	and	CCONJ
cjal-3204	272	33	must	must	AUX
cjal-3204	272	34	allow	allow	VERB
cjal-3204	272	35	it	it	PRON
cjal-3204	272	36	to	to	PART
cjal-3204	272	37	proceed	proceed	VERB
cjal-3204	272	38	(	(	PUNCT
cjal-3204	272	39	unless	unless	SCONJ
cjal-3204	272	40	the	the	DET
cjal-3204	272	41	loan	loan	NOUN
cjal-3204	272	42	is	be	AUX
cjal-3204	272	43	"	"	PUNCT
cjal-3204	272	44	locked	lock	VERB
cjal-3204	272	45	in	in	ADP
cjal-3204	272	46	,	,	PUNCT
cjal-3204	272	47	"	"	PUNCT
cjal-3204	272	48	prohibiting	prohibit	VERB
cjal-3204	272	49	prepayment).35	prepayment).35	NOUN
cjal-3204	272	50	this	this	DET
cjal-3204	272	51	feature	feature	NOUN
cjal-3204	272	52	of	of	ADP
cjal-3204	272	53	the	the	DET
cjal-3204	272	54	american	american	ADJ
cjal-3204	272	55	system	system	NOUN
cjal-3204	272	56	seems	seem	VERB
cjal-3204	272	57	unexceptionable	unexceptionable	ADJ
cjal-3204	272	58	.	.	PUNCT
cjal-3204	273	1	if	if	SCONJ
cjal-3204	273	2	the	the	DET
cjal-3204	273	3	lender	lender	NOUN
cjal-3204	273	4	is	be	AUX
cjal-3204	273	5	being	be	AUX
cjal-3204	273	6	fully	fully	ADV
cjal-3204	273	7	repaid	repay	VERB
cjal-3204	273	8	,	,	PUNCT
cjal-3204	273	9	it	it	PRON
cjal-3204	273	10	simply	simply	ADV
cjal-3204	273	11	has	have	VERB
cjal-3204	273	12	no	no	DET
cjal-3204	273	13	interest	interest	NOUN
cjal-3204	273	14	in	in	ADP
cjal-3204	273	15	controlling	control	VERB
cjal-3204	273	16	the	the	DET
cjal-3204	273	17	future	future	ADJ
cjal-3204	273	18	course	course	NOUN
cjal-3204	273	19	of	of	ADP
cjal-3204	273	20	ownership	ownership	NOUN
cjal-3204	273	21	of	of	ADP
cjal-3204	273	22	the	the	DET
cjal-3204	273	23	property	property	NOUN
cjal-3204	273	24	.	.	PUNCT
cjal-3204	274	1	if	if	SCONJ
cjal-3204	274	2	such	such	ADJ
cjal-3204	274	3	control	control	NOUN
cjal-3204	274	4	could	could	AUX
cjal-3204	274	5	be	be	AUX
cjal-3204	274	6	exercised	exercise	VERB
cjal-3204	274	7	,	,	PUNCT
cjal-3204	274	8	it	it	PRON
cjal-3204	274	9	might	might	AUX
cjal-3204	274	10	be	be	AUX
cjal-3204	274	11	used	use	VERB
cjal-3204	274	12	in	in	ADP
cjal-3204	274	13	ways	way	NOUN
cjal-3204	274	14	that	that	PRON
cjal-3204	274	15	would	would	AUX
cjal-3204	274	16	interfere	interfere	VERB
cjal-3204	274	17	with	with	ADP
cjal-3204	274	18	legitimate	legitimate	ADJ
cjal-3204	274	19	and	and	CCONJ
cjal-3204	274	20	efficient	efficient	ADJ
cjal-3204	274	21	transfers	transfer	NOUN
cjal-3204	274	22	.	.	PUNCT
cjal-3204	275	1	2	2	X
cjal-3204	275	2	.	.	X
cjal-3204	275	3	lender	lender	NOUN
cjal-3204	275	4	rights	right	NOUN
cjal-3204	275	5	if	if	SCONJ
cjal-3204	275	6	transferee	transferee	NOUN
cjal-3204	275	7	takes	take	VERB
cjal-3204	275	8	over	over	ADP
cjal-3204	275	9	loan	loan	NOUN
cjal-3204	275	10	.	.	PUNCT
cjal-3204	276	1	if	if	SCONJ
cjal-3204	276	2	the	the	DET
cjal-3204	276	3	purchaser	purchaser	NOUN
cjal-3204	276	4	wishes	wish	VERB
cjal-3204	276	5	to	to	PART
cjal-3204	276	6	take	take	VERB
cjal-3204	276	7	over	over	ADP
cjal-3204	276	8	the	the	DET
cjal-3204	276	9	payments	payment	NOUN
cjal-3204	276	10	on	on	ADP
cjal-3204	276	11	the	the	DET
cjal-3204	276	12	existing	exist	VERB
cjal-3204	276	13	loan	loan	NOUN
cjal-3204	276	14	,	,	PUNCT
cjal-3204	276	15	the	the	DET
cjal-3204	276	16	lender	lender	NOUN
cjal-3204	276	17	has	have	VERB
cjal-3204	276	18	discretion	discretion	NOUN
cjal-3204	276	19	as	as	ADP
cjal-3204	276	20	to	to	ADP
cjal-3204	276	21	whether	whether	SCONJ
cjal-3204	276	22	or	or	CCONJ
cjal-3204	276	23	not	not	PART
cjal-3204	276	24	to	to	PART
cjal-3204	276	25	permit	permit	VERB
cjal-3204	276	26	the	the	DET
cjal-3204	276	27	sale	sale	NOUN
cjal-3204	276	28	to	to	PART
cjal-3204	276	29	go	go	VERB
cjal-3204	276	30	forward	forward	ADV
cjal-3204	276	31	,	,	PUNCT
cjal-3204	276	32	and	and	CCONJ
cjal-3204	276	33	is	be	AUX
cjal-3204	276	34	legally	legally	ADV
cjal-3204	276	35	empowered	empower	VERB
cjal-3204	276	36	to	to	PART
cjal-3204	276	37	halt	halt	VERB
cjal-3204	276	38	the	the	DET
cjal-3204	276	39	transaction	transaction	NOUN
cjal-3204	276	40	is	be	AUX
cjal-3204	276	41	it	it	PRON
cjal-3204	276	42	not	not	PART
cjal-3204	276	43	satisfied	satisfied	ADJ
cjal-3204	276	44	with	with	ADP
cjal-3204	276	45	it	it	PRON
cjal-3204	276	46	.	.	PUNCT
cjal-3204	277	1	this	this	DET
cjal-3204	277	2	power	power	NOUN
cjal-3204	277	3	of	of	ADP
cjal-3204	277	4	lenders	lender	NOUN
cjal-3204	277	5	stems	stem	VERB
cjal-3204	277	6	from	from	ADP
cjal-3204	277	7	the	the	DET
cjal-3204	277	8	existence	existence	NOUN
cjal-3204	277	9	in	in	ADP
cjal-3204	277	10	nearly	nearly	ADV
cjal-3204	277	11	all	all	PRON
cjal-3204	277	12	mortgages	mortgage	NOUN
cjal-3204	277	13	of	of	ADP
cjal-3204	277	14	a	a	DET
cjal-3204	277	15	"	"	PUNCT
cjal-3204	277	16	due	due	ADJ
cjal-3204	277	17	-	-	PUNCT
cjal-3204	277	18	on	on	ADP
cjal-3204	277	19	-	-	PUNCT
cjal-3204	277	20	sale	sale	NOUN
cjal-3204	277	21	"	"	PUNCT
cjal-3204	277	22	clause	clause	NOUN
cjal-3204	277	23	.	.	PUNCT
cjal-3204	278	1	in	in	ADP
cjal-3204	278	2	the	the	DET
cjal-3204	278	3	absence	absence	NOUN
cjal-3204	278	4	of	of	ADP
cjal-3204	278	5	that	that	DET
cjal-3204	278	6	clause	clause	NOUN
cjal-3204	278	7	,	,	PUNCT
cjal-3204	278	8	a	a	DET
cjal-3204	278	9	lender	lender	NOUN
cjal-3204	278	10	would	would	AUX
cjal-3204	278	11	have	have	AUX
cjal-3204	278	12	secured	secure	VERB
cjal-3204	278	13	by	by	ADP
cjal-3204	278	14	the	the	DET
cjal-3204	278	15	lender	lender	NOUN
cjal-3204	278	16	's	's	PART
cjal-3204	278	17	security	security	NOUN
cjal-3204	278	18	interest	interest	NOUN
cjal-3204	278	19	will	will	AUX
cjal-3204	278	20	be	be	AUX
cjal-3204	278	21	payable	payable	ADJ
cjal-3204	278	22	at	at	ADP
cjal-3204	278	23	a	a	DET
cjal-3204	278	24	rate	rate	NOUN
cjal-3204	278	25	the	the	DET
cjal-3204	278	26	lender	lender	NOUN
cjal-3204	278	27	shall	shall	AUX
cjal-3204	278	28	request	request	VERB
cjal-3204	278	29	.	.	PUNCT
cjal-3204	279	1	upon	upon	SCONJ
cjal-3204	279	2	such	such	ADJ
cjal-3204	279	3	agreement	agreement	NOUN
cjal-3204	279	4	and	and	CCONJ
cjal-3204	279	5	resultant	resultant	VERB
cjal-3204	279	6	waiver	waiver	NOUN
cjal-3204	279	7	,	,	PUNCT
cjal-3204	279	8	a	a	DET
cjal-3204	279	9	lender	lender	NOUN
cjal-3204	279	10	shall	shall	AUX
cjal-3204	279	11	release	release	VERB
cjal-3204	279	12	the	the	DET
cjal-3204	279	13	existing	exist	VERB
cjal-3204	279	14	borrower	borrower	NOUN
cjal-3204	279	15	from	from	ADP
cjal-3204	279	16	all	all	DET
cjal-3204	279	17	obligations	obligation	NOUN
cjal-3204	279	18	under	under	ADP
cjal-3204	279	19	the	the	DET
cjal-3204	279	20	loan	loan	NOUN
cjal-3204	279	21	instruments	instrument	NOUN
cjal-3204	279	22	,	,	PUNCT
cjal-3204	279	23	and	and	CCONJ
cjal-3204	279	24	the	the	DET
cjal-3204	279	25	lender	lender	NOUN
cjal-3204	279	26	is	be	AUX
cjal-3204	279	27	deemed	deem	VERB
cjal-3204	279	28	to	to	PART
cjal-3204	279	29	have	have	AUX
cjal-3204	279	30	made	make	VERB
cjal-3204	279	31	a	a	DET
cjal-3204	279	32	new	new	ADJ
cjal-3204	279	33	loan	loan	NOUN
cjal-3204	279	34	to	to	ADP
cjal-3204	279	35	the	the	DET
cjal-3204	279	36	existing	exist	VERB
cjal-3204	279	37	borrower	borrower	NOUN
cjal-3204	279	38	's	's	PART
cjal-3204	279	39	successor	successor	NOUN
cjal-3204	279	40	in	in	ADP
cjal-3204	279	41	interest	interest	NOUN
cjal-3204	279	42	.	.	PUNCT
cjal-3204	280	1	whether	whether	SCONJ
cjal-3204	280	2	this	this	DET
cjal-3204	280	3	language	language	NOUN
cjal-3204	280	4	has	have	AUX
cjal-3204	280	5	the	the	DET
cjal-3204	280	6	effect	effect	NOUN
cjal-3204	280	7	of	of	ADP
cjal-3204	280	8	compelling	compelling	ADJ
cjal-3204	280	9	the	the	DET
cjal-3204	280	10	lender	lender	NOUN
cjal-3204	280	11	to	to	PART
cjal-3204	280	12	release	release	VERB
cjal-3204	280	13	the	the	DET
cjal-3204	280	14	original	original	ADJ
cjal-3204	280	15	borrower	borrower	NOUN
cjal-3204	280	16	is	be	AUX
cjal-3204	280	17	uncertain	uncertain	ADJ
cjal-3204	280	18	.	.	PUNCT
cjal-3204	281	1	the	the	DET
cjal-3204	281	2	general	general	ADJ
cjal-3204	281	3	counsel	counsel	NOUN
cjal-3204	281	4	of	of	ADP
cjal-3204	281	5	the	the	DET
cjal-3204	281	6	federal	federal	PROPN
cjal-3204	281	7	home	home	PROPN
cjal-3204	281	8	loan	loan	PROPN
cjal-3204	281	9	bank	bank	PROPN
cjal-3204	281	10	board	board	PROPN
cjal-3204	281	11	(	(	PUNCT
cjal-3204	281	12	the	the	DET
cjal-3204	281	13	predecessor	predecessor	NOUN
cjal-3204	281	14	agency	agency	NOUN
cjal-3204	281	15	of	of	ADP
cjal-3204	281	16	the	the	DET
cjal-3204	281	17	ots	ots	PROPN
cjal-3204	281	18	)	)	PUNCT
cjal-3204	281	19	and	and	CCONJ
cjal-3204	281	20	one	one	NUM
cjal-3204	281	21	court	court	NOUN
cjal-3204	281	22	have	have	AUX
cjal-3204	281	23	held	hold	VERB
cjal-3204	281	24	that	that	SCONJ
cjal-3204	281	25	it	it	PRON
cjal-3204	281	26	does	do	AUX
cjal-3204	281	27	not	not	PART
cjal-3204	281	28	;	;	PUNCT
cjal-3204	281	29	see	see	VERB
cjal-3204	281	30	federal	federal	ADJ
cjal-3204	281	31	home	home	PROPN
cjal-3204	281	32	loan	loan	PROPN
cjal-3204	281	33	bank	bank	PROPN
cjal-3204	281	34	board	board	PROPN
cjal-3204	281	35	general	general	PROPN
cjal-3204	281	36	counsel	counsel	PROPN
cjal-3204	281	37	opinion	opinion	NOUN
cjal-3204	281	38	letter	letter	NOUN
cjal-3204	281	39	no	no	INTJ
cjal-3204	281	40	.	.	NOUN
cjal-3204	281	41	1090	1090	NUM
cjal-3204	281	42	,	,	PUNCT
cjal-3204	281	43	nov	nov	PROPN
cjal-3204	281	44	.	.	PROPN
cjal-3204	281	45	26	26	NUM
cjal-3204	281	46	,	,	PUNCT
cjal-3204	281	47	1984	1984	NUM
cjal-3204	281	48	;	;	PUNCT
cjal-3204	281	49	bank	bank	NOUN
cjal-3204	281	50	us4	us4	PROPN
cjal-3204	281	51	v.	v.	ADP
cjal-3204	281	52	sill	sill	ADJ
cjal-3204	281	53	,	,	PUNCT
cjal-3204	281	54	221111	221111	NUM
cjal-3204	281	55	.	.	PUNCT
cjal-3204	282	1	app	app	PROPN
cjal-3204	282	2	.	.	PUNCT
cjal-3204	283	1	3d	3d	PROPN
cjal-3204	283	2	598	598	NUM
cjal-3204	283	3	,	,	PUNCT
cjal-3204	283	4	164	164	NUM
cjal-3204	283	5	111	111	NUM
cjal-3204	283	6	.	.	PUNCT
cjal-3204	284	1	dec	dec	PROPN
cjal-3204	284	2	.	.	PROPN
cjal-3204	284	3	102	102	NUM
cjal-3204	284	4	,	,	PUNCT
cjal-3204	284	5	582	582	NUM
cjal-3204	284	6	n.e.2d	n.e.2d	NOUN
cjal-3204	284	7	310	310	NUM
cjal-3204	284	8	(	(	PUNCT
cjal-3204	284	9	1991	1991	NUM
cjal-3204	284	10	)	)	PUNCT
cjal-3204	284	11	.	.	PUNCT
cjal-3204	285	1	contra	contra	PROPN
cjal-3204	285	2	gate	gate	PROPN
cjal-3204	285	3	cit	cit	PROPN
cjal-3204	285	4	,	,	PUNCT
cjal-3204	285	5	fed	fed	PROPN
cjal-3204	285	6	st	st	PROPN
cjal-3204	285	7	,	,	PUNCT
cjal-3204	285	8	.	.	PUNCT
cjal-3204	285	9	&	&	CCONJ
cjal-3204	285	10	loan	loan	VERB
cjal-3204	285	11	ass'n	ass'n	PROPN
cjal-3204	285	12	%	%	NOUN
cjal-3204	285	13	.	.	PUNCT
cjal-3204	286	1	dalton	dalton	PROPN
cjal-3204	286	2	,	,	PUNCT
cjal-3204	286	3	808	808	NUM
cjal-3204	286	4	p.2d	p.2d	SYM
cjal-3204	286	5	1117	1117	NUM
cjal-3204	286	6	(	(	PUNCT
cjal-3204	286	7	utah	utah	PROPN
cjal-3204	286	8	ct	ct	PROPN
cjal-3204	286	9	.	.	PUNCT
cjal-3204	286	10	app.1991	app.1991	NUM
cjal-3204	286	11	)	)	PUNCT
cjal-3204	286	12	(	(	PUNCT
cjal-3204	286	13	lender	lender	NOUN
cjal-3204	286	14	has	have	AUX
cjal-3204	286	15	duty	duty	NOUN
cjal-3204	286	16	to	to	PART
cjal-3204	286	17	release	release	VERB
cjal-3204	286	18	original	original	ADJ
cjal-3204	286	19	borrower	borrower	NOUN
cjal-3204	286	20	)	)	PUNCT
cjal-3204	286	21	.	.	PUNCT
cjal-3204	287	1	34	34	NUM
cjal-3204	287	2	.	.	PUNCT
cjal-3204	288	1	see	see	VERB
cjal-3204	288	2	,	,	PUNCT
cjal-3204	288	3	eg	eg	PROPN
cjal-3204	288	4	.	.	PROPN
cjal-3204	288	5	,	,	PUNCT
cjal-3204	288	6	in	in	ADP
cjal-3204	288	7	re	re	NOUN
cjal-3204	288	8	knevel	knevel	PROPN
cjal-3204	288	9	,	,	PUNCT
cjal-3204	288	10	100	100	NUM
cjal-3204	288	11	b.tl	b.tl	PROPN
cjal-3204	288	12	910	910	PROPN
cjal-3204	288	13	(	(	PUNCT
cjal-3204	288	14	bankr	bankr	PROPN
cjal-3204	288	15	.	.	PUNCT
cjal-3204	289	1	n.d.ohio	n.d.ohio	PROPN
cjal-3204	289	2	1989	1989	NUM
cjal-3204	289	3	)	)	PUNCT
cjal-3204	289	4	,	,	PUNCT
cjal-3204	289	5	in	in	ADP
cjal-3204	289	6	which	which	PRON
cjal-3204	289	7	the	the	DET
cjal-3204	289	8	owners	owner	NOUN
cjal-3204	289	9	of	of	ADP
cjal-3204	289	10	a	a	DET
cjal-3204	289	11	house	house	NOUN
cjal-3204	289	12	sold	sell	VERB
cjal-3204	289	13	it	it	PRON
cjal-3204	289	14	in	in	ADP
cjal-3204	289	15	1980	1980	NUM
cjal-3204	289	16	with	with	ADP
cjal-3204	289	17	the	the	DET
cjal-3204	289	18	purchasers	purchaser	NOUN
cjal-3204	289	19	assuming	assume	VERB
cjal-3204	289	20	the	the	DET
cjal-3204	289	21	mortgage	mortgage	NOUN
cjal-3204	289	22	,	,	PUNCT
cjal-3204	289	23	and	and	CCONJ
cjal-3204	289	24	found	find	VERB
cjal-3204	289	25	themselves	themselves	PRON
cjal-3204	289	26	,	,	PUNCT
cjal-3204	289	27	about	about	ADV
cjal-3204	289	28	nine	nine	NUM
cjal-3204	289	29	years	year	NOUN
cjal-3204	289	30	later	later	ADV
cjal-3204	289	31	,	,	PUNCT
cjal-3204	289	32	threatened	threaten	VERB
cjal-3204	289	33	with	with	ADP
cjal-3204	289	34	a	a	DET
cjal-3204	289	35	potential	potential	ADJ
cjal-3204	289	36	deficiency	deficiency	NOUN
cjal-3204	289	37	judgment	judgment	NOUN
cjal-3204	289	38	by	by	ADP
cjal-3204	289	39	the	the	DET
cjal-3204	289	40	veteran*s	veteran*s	NUM
cjal-3204	289	41	administration	administration	NOUN
cjal-3204	289	42	,	,	PUNCT
cjal-3204	290	1	%	%	INTJ
cjal-3204	290	2	%	%	INTJ
cjal-3204	290	3	hich	hich	PROPN
cjal-3204	290	4	had	have	AUX
cjal-3204	290	5	paid	pay	VERB
cjal-3204	290	6	the	the	DET
cjal-3204	290	7	mortgagee	mortgagee	NOUN
cjal-3204	290	8	's	's	PART
cjal-3204	290	9	debt	debt	NOUN
cjal-3204	290	10	.	.	PUNCT
cjal-3204	291	1	the	the	DET
cjal-3204	291	2	court	court	NOUN
cjal-3204	291	3	refused	refuse	VERB
cjal-3204	291	4	to	to	PART
cjal-3204	291	5	enjoin	enjoin	VERB
cjal-3204	291	6	the	the	DET
cjal-3204	291	7	va	va	NOUN
cjal-3204	291	8	from	from	ADP
cjal-3204	291	9	proceeding	proceed	VERB
cjal-3204	291	10	to	to	PART
cjal-3204	291	11	collect	collect	VERB
cjal-3204	291	12	the	the	DET
cjal-3204	291	13	deficiency	deficiency	NOUN
cjal-3204	291	14	,	,	PUNCT
cjal-3204	291	15	pointing	point	VERB
cjal-3204	291	16	out	out	ADP
cjal-3204	291	17	that	that	SCONJ
cjal-3204	291	18	the	the	DET
cjal-3204	291	19	sellers	seller	NOUN
cjal-3204	291	20	had	have	AUX
cjal-3204	291	21	failed	fail	VERB
cjal-3204	291	22	to	to	PART
cjal-3204	291	23	qualify	qualify	VERB
cjal-3204	291	24	themselves	themselves	PRON
cjal-3204	291	25	under	under	ADP
cjal-3204	291	26	a	a	DET
cjal-3204	291	27	va	va	NOUN
cjal-3204	291	28	procedure	procedure	NOUN
cjal-3204	291	29	that	that	PRON
cjal-3204	291	30	could	could	AUX
cjal-3204	291	31	have	have	AUX
cjal-3204	291	32	given	give	VERB
cjal-3204	291	33	them	they	PRON
cjal-3204	291	34	a	a	DET
cjal-3204	291	35	release	release	NOUN
cjal-3204	291	36	of	of	ADP
cjal-3204	291	37	liability	liability	NOUN
cjal-3204	291	38	at	at	ADP
cjal-3204	291	39	the	the	DET
cjal-3204	291	40	time	time	NOUN
cjal-3204	291	41	of	of	ADP
cjal-3204	291	42	the	the	DET
cjal-3204	291	43	sale	sale	NOUN
cjal-3204	291	44	.	.	PUNCT
cjal-3204	292	1	see	see	VERB
cjal-3204	292	2	also	also	ADV
cjal-3204	292	3	jensen	jensen	PROPN
cjal-3204	292	4	.	.	PUNCT
cjal-3204	293	1	turnage	turnage	NOUN
cjal-3204	293	2	,	,	PUNCT
cjal-3204	293	3	782	782	NUM
cjal-3204	293	4	f.	f.	NOUN
cjal-3204	293	5	supp	supp	PROPN
cjal-3204	293	6	.	.	PUNCT
cjal-3204	294	1	1527	1527	NUM
cjal-3204	294	2	(	(	PUNCT
cjal-3204	294	3	m.d.fla	m.d.fla	PROPN
cjal-3204	294	4	.	.	PUNCT
cjal-3204	295	1	1990	1990	NUM
cjal-3204	295	2	)	)	PUNCT
cjal-3204	295	3	.	.	PUNCT
cjal-3204	296	1	35	35	NUM
cjal-3204	296	2	.	.	PUNCT
cjal-3204	297	1	see	see	VERB
cjal-3204	297	2	supra	supra	ADJ
cjal-3204	297	3	text	text	NOUN
cjal-3204	297	4	accompanying	accompanying	ADJ
cjal-3204	297	5	note	note	NOUN
cjal-3204	297	6	16	16	NUM
cjal-3204	297	7	.	.	PUNCT
cjal-3204	298	1	2001	2001	NUM
cjal-3204	298	2	]	]	PUNCT
cjal-3204	298	3	columbia	columbia	PROPN
cjal-3204	298	4	journal	journal	PROPN
cjal-3204	298	5	of	of	ADP
cjal-3204	298	6	asian	asian	ADJ
cjal-3204	298	7	law	law	NOUN
cjal-3204	298	8	no	no	DET
cjal-3204	298	9	such	such	ADJ
cjal-3204	298	10	power	power	NOUN
cjal-3204	298	11	.	.	PUNCT
cjal-3204	299	1	because	because	SCONJ
cjal-3204	299	2	the	the	DET
cjal-3204	299	3	due	due	ADJ
cjal-3204	299	4	-	-	PUNCT
cjal-3204	299	5	on	on	ADP
cjal-3204	299	6	-	-	PUNCT
cjal-3204	299	7	sale	sale	NOUN
cjal-3204	299	8	clause	clause	NOUN
cjal-3204	299	9	is	be	AUX
cjal-3204	299	10	so	so	ADV
cjal-3204	299	11	pervasive	pervasive	ADJ
cjal-3204	299	12	,	,	PUNCT
cjal-3204	299	13	there	there	PRON
cjal-3204	299	14	would	would	AUX
cjal-3204	299	15	be	be	AUX
cjal-3204	299	16	little	little	ADJ
cjal-3204	299	17	practical	practical	ADJ
cjal-3204	299	18	change	change	NOUN
cjal-3204	299	19	in	in	ADP
cjal-3204	299	20	american	american	ADJ
cjal-3204	299	21	practice	practice	NOUN
cjal-3204	299	22	if	if	SCONJ
cjal-3204	299	23	lenders	lender	NOUN
cjal-3204	299	24	were	be	AUX
cjal-3204	299	25	granted	grant	VERB
cjal-3204	299	26	by	by	ADP
cjal-3204	299	27	statute	statute	NOUN
cjal-3204	299	28	state	state	NOUN
cjal-3204	299	29	or	or	CCONJ
cjal-3204	299	30	federal	federal	ADJ
cjal-3204	299	31	a	a	DET
cjal-3204	299	32	direct	direct	ADJ
cjal-3204	299	33	power	power	NOUN
cjal-3204	299	34	to	to	PART
cjal-3204	299	35	accelerate	accelerate	VERB
cjal-3204	299	36	the	the	DET
cjal-3204	299	37	loan	loan	NOUN
cjal-3204	299	38	upon	upon	SCONJ
cjal-3204	299	39	sale	sale	NOUN
cjal-3204	299	40	of	of	ADP
cjal-3204	299	41	the	the	DET
cjal-3204	299	42	property	property	NOUN
cjal-3204	299	43	.	.	PUNCT
cjal-3204	300	1	36	36	NUM
cjal-3204	300	2	the	the	DET
cjal-3204	300	3	garn	garn	PROPN
cjal-3204	300	4	act	act	PROPN
cjal-3204	300	5	defines	define	VERB
cjal-3204	300	6	a	a	DET
cjal-3204	300	7	due	due	ADJ
cjal-3204	300	8	-	-	PUNCT
cjal-3204	300	9	on	on	ADP
cjal-3204	300	10	-	-	PUNCT
cjal-3204	300	11	sale	sale	NOUN
cjal-3204	300	12	clause	clause	NOUN
cjal-3204	300	13	as	as	ADP
cjal-3204	300	14	one	one	NUM
cjal-3204	300	15	that	that	PRON
cjal-3204	300	16	permits	permit	VERB
cjal-3204	300	17	the	the	DET
cjal-3204	300	18	lender	lender	NOUN
cjal-3204	300	19	to	to	PART
cjal-3204	300	20	accelerate	accelerate	VERB
cjal-3204	300	21	the	the	DET
cjal-3204	300	22	loan	loan	NOUN
cjal-3204	300	23	"	"	PUNCT
cjal-3204	300	24	if	if	SCONJ
cjal-3204	300	25	all	all	PRON
cjal-3204	300	26	or	or	CCONJ
cjal-3204	300	27	any	any	DET
cjal-3204	300	28	part	part	NOUN
cjal-3204	300	29	of	of	ADP
cjal-3204	300	30	the	the	DET
cjal-3204	300	31	property	property	NOUN
cjal-3204	300	32	,	,	PUNCT
cjal-3204	300	33	or	or	CCONJ
cjal-3204	300	34	an	an	DET
cjal-3204	300	35	interest	interest	NOUN
cjal-3204	300	36	therein	therein	ADV
cjal-3204	300	37	...	...	PUNCT
cjal-3204	300	38	is	be	AUX
cjal-3204	300	39	sold	sell	VERB
cjal-3204	300	40	or	or	CCONJ
cjal-3204	300	41	transferred	transfer	VERB
cjal-3204	300	42	.	.	PUNCT
cjal-3204	301	1	hence	hence	ADV
cjal-3204	301	2	,	,	PUNCT
cjal-3204	301	3	it	it	PRON
cjal-3204	301	4	does	do	AUX
cjal-3204	301	5	not	not	PART
cjal-3204	301	6	literally	literally	ADV
cjal-3204	301	7	cover	cover	VERB
cjal-3204	301	8	transfers	transfer	NOUN
cjal-3204	301	9	of	of	ADP
cjal-3204	301	10	ownership	ownership	NOUN
cjal-3204	301	11	interests	interest	NOUN
cjal-3204	301	12	in	in	ADP
cjal-3204	301	13	the	the	DET
cjal-3204	301	14	entity	entity	NOUN
cjal-3204	301	15	that	that	PRON
cjal-3204	301	16	owns	own	VERB
cjal-3204	301	17	the	the	DET
cjal-3204	301	18	real	real	ADJ
cjal-3204	301	19	estate	estate	NOUN
cjal-3204	301	20	,	,	PUNCT
cjal-3204	301	21	and	and	CCONJ
cjal-3204	301	22	state	state	NOUN
cjal-3204	301	23	law	law	NOUN
cjal-3204	301	24	governing	govern	VERB
cjal-3204	301	25	clauses	clause	NOUN
cjal-3204	301	26	restricting	restrict	VERB
cjal-3204	301	27	such	such	ADJ
cjal-3204	301	28	transfers	transfer	NOUN
cjal-3204	301	29	is	be	AUX
cjal-3204	301	30	not	not	PART
cjal-3204	301	31	preempted	preempt	VERB
cjal-3204	301	32	by	by	ADP
cjal-3204	301	33	federal	federal	ADJ
cjal-3204	301	34	law	law	NOUN
cjal-3204	301	35	.	.	PUNCT
cjal-3204	302	1	however	however	ADV
cjal-3204	302	2	,	,	PUNCT
cjal-3204	302	3	it	it	PRON
cjal-3204	302	4	seems	seem	VERB
cjal-3204	302	5	most	most	ADV
cjal-3204	302	6	unlikely	unlikely	ADJ
cjal-3204	302	7	that	that	SCONJ
cjal-3204	302	8	any	any	DET
cjal-3204	302	9	state	state	NOUN
cjal-3204	302	10	court	court	NOUN
cjal-3204	302	11	would	would	AUX
cjal-3204	302	12	refuse	refuse	VERB
cjal-3204	302	13	to	to	PART
cjal-3204	302	14	enforce	enforce	VERB
cjal-3204	302	15	such	such	DET
cjal-3204	302	16	a	a	DET
cjal-3204	302	17	clause	clause	NOUN
cjal-3204	302	18	.	.	PUNCT
cjal-3204	303	1	there	there	PRON
cjal-3204	303	2	is	be	VERB
cjal-3204	303	3	no	no	DET
cjal-3204	303	4	judicial	judicial	ADJ
cjal-3204	303	5	decision	decision	NOUN
cjal-3204	303	6	on	on	ADP
cjal-3204	303	7	the	the	DET
cjal-3204	303	8	point	point	NOUN
cjal-3204	303	9	.	.	PUNCT
cjal-3204	304	1	the	the	DET
cjal-3204	304	2	public	public	ADJ
cjal-3204	304	3	policy	policy	NOUN
cjal-3204	304	4	supporting	support	VERB
cjal-3204	304	5	enforcement	enforcement	NOUN
cjal-3204	304	6	of	of	ADP
cjal-3204	304	7	due	due	ADJ
cjal-3204	304	8	-	-	PUNCT
cjal-3204	304	9	on	on	ADP
cjal-3204	304	10	-	-	PUNCT
cjal-3204	304	11	sale	sale	NOUN
cjal-3204	304	12	clauses	clause	NOUN
cjal-3204	304	13	in	in	ADP
cjal-3204	304	14	the	the	DET
cjal-3204	304	15	united	united	PROPN
cjal-3204	304	16	states	states	PROPN
cjal-3204	304	17	was	be	AUX
cjal-3204	304	18	highly	highly	ADV
cjal-3204	304	19	controversial	controversial	ADJ
cjal-3204	304	20	at	at	ADP
cjal-3204	304	21	one	one	NUM
cjal-3204	304	22	time	time	NOUN
cjal-3204	304	23	.	.	PUNCT
cjal-3204	305	1	some	some	DET
cjal-3204	305	2	courts	court	NOUN
cjal-3204	305	3	held	hold	VERB
cjal-3204	305	4	that	that	SCONJ
cjal-3204	305	5	the	the	DET
cjal-3204	305	6	clause	clause	NOUN
cjal-3204	305	7	,	,	PUNCT
cjal-3204	305	8	if	if	SCONJ
cjal-3204	305	9	enforced	enforce	VERB
cjal-3204	305	10	as	as	ADP
cjal-3204	305	11	a	a	DET
cjal-3204	305	12	means	mean	NOUN
cjal-3204	305	13	for	for	SCONJ
cjal-3204	305	14	lenders	lender	NOUN
cjal-3204	305	15	to	to	PART
cjal-3204	305	16	increase	increase	VERB
cjal-3204	305	17	the	the	DET
cjal-3204	305	18	yields	yield	NOUN
cjal-3204	305	19	on	on	ADP
cjal-3204	305	20	their	their	PRON
cjal-3204	305	21	loan	loan	NOUN
cjal-3204	305	22	portfolios	portfolio	NOUN
cjal-3204	305	23	,	,	PUNCT
cjal-3204	305	24	would	would	AUX
cjal-3204	305	25	be	be	AUX
cjal-3204	305	26	struck	strike	VERB
cjal-3204	305	27	down	down	ADP
cjal-3204	305	28	as	as	ADP
cjal-3204	305	29	an	an	DET
cjal-3204	305	30	invalid	invalid	ADJ
cjal-3204	305	31	restraint	restraint	NOUN
cjal-3204	305	32	on	on	ADP
cjal-3204	305	33	alienation	alienation	NOUN
cjal-3204	305	34	.	.	PUNCT
cjal-3204	306	1	however	however	ADV
cjal-3204	306	2	,	,	PUNCT
cjal-3204	306	3	the	the	DET
cjal-3204	306	4	passage	passage	NOUN
cjal-3204	306	5	of	of	ADP
cjal-3204	306	6	the	the	DET
cjal-3204	306	7	garn	garn	PROPN
cjal-3204	306	8	-	-	PUNCT
cjal-3204	306	9	st	st	PROPN
cjal-3204	306	10	.	.	PROPN
cjal-3204	306	11	germain	germain	PROPN
cjal-3204	306	12	depository	depository	NOUN
cjal-3204	306	13	institutions	institution	NOUN
cjal-3204	306	14	act	act	VERB
cjal-3204	306	15	37	37	NUM
cjal-3204	306	16	in	in	ADP
cjal-3204	306	17	1982	1982	NUM
cjal-3204	306	18	represented	represent	VERB
cjal-3204	306	19	a	a	DET
cjal-3204	306	20	preemptive	preemptive	ADJ
cjal-3204	306	21	rejection	rejection	NOUN
cjal-3204	306	22	of	of	ADP
cjal-3204	306	23	this	this	DET
cjal-3204	306	24	argument	argument	NOUN
cjal-3204	306	25	by	by	ADP
cjal-3204	306	26	the	the	DET
cjal-3204	306	27	federal	federal	ADJ
cjal-3204	306	28	government	government	NOUN
cjal-3204	306	29	.	.	PUNCT
cjal-3204	307	1	in	in	ADP
cjal-3204	307	2	retrospect	retrospect	ADJ
cjal-3204	307	3	,	,	PUNCT
cjal-3204	307	4	it	it	PRON
cjal-3204	307	5	is	be	AUX
cjal-3204	307	6	clear	clear	ADJ
cjal-3204	307	7	that	that	SCONJ
cjal-3204	307	8	congress	congress	PROPN
cjal-3204	307	9	followed	follow	VERB
cjal-3204	307	10	the	the	DET
cjal-3204	307	11	better	well	ADJ
cjal-3204	307	12	policy	policy	NOUN
cjal-3204	307	13	.	.	PUNCT
cjal-3204	308	1	the	the	DET
cjal-3204	308	2	state	state	NOUN
cjal-3204	308	3	courts	court	NOUN
cjal-3204	308	4	that	that	PRON
cjal-3204	308	5	held	hold	VERB
cjal-3204	308	6	due	due	ADJ
cjal-3204	308	7	-	-	PUNCT
cjal-3204	308	8	onsale	onsale	ADJ
cjal-3204	308	9	clauses	clause	NOUN
cjal-3204	308	10	unenforceable	unenforceable	ADJ
cjal-3204	308	11	were	be	AUX
cjal-3204	308	12	in	in	ADP
cjal-3204	308	13	effect	effect	NOUN
cjal-3204	308	14	forcing	force	VERB
cjal-3204	308	15	lenders	lender	NOUN
cjal-3204	308	16	to	to	PART
cjal-3204	308	17	finance	finance	VERB
cjal-3204	308	18	not	not	PART
cjal-3204	308	19	only	only	ADV
cjal-3204	308	20	their	their	PRON
cjal-3204	308	21	original	original	ADJ
cjal-3204	308	22	borrowers	borrower	NOUN
cjal-3204	308	23	,	,	PUNCT
cjal-3204	308	24	but	but	CCONJ
cjal-3204	308	25	also	also	ADV
cjal-3204	308	26	an	an	DET
cjal-3204	308	27	indefinite	indefinite	ADJ
cjal-3204	308	28	succession	succession	NOUN
cjal-3204	308	29	of	of	ADP
cjal-3204	308	30	future	future	ADJ
cjal-3204	308	31	owners	owner	NOUN
cjal-3204	308	32	of	of	ADP
cjal-3204	308	33	the	the	DET
cjal-3204	308	34	land	land	NOUN
cjal-3204	308	35	at	at	ADP
cjal-3204	308	36	a	a	DET
cjal-3204	308	37	fixed	fix	VERB
cjal-3204	308	38	interest	interest	NOUN
cjal-3204	308	39	rate	rate	NOUN
cjal-3204	308	40	,	,	PUNCT
cjal-3204	308	41	provided	provide	VERB
cjal-3204	308	42	that	that	SCONJ
cjal-3204	308	43	such	such	ADJ
cjal-3204	308	44	future	future	ADJ
cjal-3204	308	45	owners	owner	NOUN
cjal-3204	308	46	were	be	AUX
cjal-3204	308	47	credit	credit	NOUN
cjal-3204	308	48	-	-	PUNCT
cjal-3204	308	49	worthy	worthy	ADJ
cjal-3204	308	50	.	.	PUNCT
cjal-3204	309	1	there	there	PRON
cjal-3204	309	2	was	be	VERB
cjal-3204	309	3	and	and	CCONJ
cjal-3204	309	4	is	be	AUX
cjal-3204	309	5	simply	simply	ADV
cjal-3204	309	6	no	no	DET
cjal-3204	309	7	sound	sound	ADJ
cjal-3204	309	8	basis	basis	NOUN
cjal-3204	309	9	for	for	ADP
cjal-3204	309	10	forcing	force	VERB
cjal-3204	309	11	lenders	lender	NOUN
cjal-3204	309	12	to	to	PART
cjal-3204	309	13	do	do	VERB
cjal-3204	309	14	this	this	PRON
cjal-3204	309	15	,	,	PUNCT
cjal-3204	309	16	and	and	CCONJ
cjal-3204	309	17	the	the	DET
cjal-3204	309	18	results	result	NOUN
cjal-3204	309	19	were	be	AUX
cjal-3204	309	20	financially	financially	ADV
cjal-3204	309	21	catastrophic	catastrophic	ADJ
cjal-3204	309	22	for	for	ADP
cjal-3204	309	23	lenders	lender	NOUN
cjal-3204	309	24	during	during	ADP
cjal-3204	309	25	a	a	DET
cjal-3204	309	26	period	period	NOUN
cjal-3204	309	27	of	of	ADP
cjal-3204	309	28	rapidly	rapidly	ADV
cjal-3204	309	29	rising	rise	VERB
cjal-3204	309	30	interest	interest	NOUN
cjal-3204	309	31	rates	rate	NOUN
cjal-3204	309	32	.	.	PUNCT
cjal-3204	310	1	adjustable	adjustable	ADJ
cjal-3204	310	2	rate	rate	NOUN
cjal-3204	310	3	mortgage	mortgage	NOUN
cjal-3204	310	4	loans	loan	NOUN
cjal-3204	310	5	were	be	AUX
cjal-3204	310	6	not	not	PART
cjal-3204	310	7	very	very	ADV
cjal-3204	310	8	common	common	ADJ
cjal-3204	310	9	during	during	ADP
cjal-3204	310	10	the	the	DET
cjal-3204	310	11	late	late	ADJ
cjal-3204	310	12	1970s	1970	NOUN
cjal-3204	310	13	and	and	CCONJ
cjal-3204	310	14	early	early	ADJ
cjal-3204	310	15	1980s	1980s	NUM
cjal-3204	310	16	,	,	PUNCT
cjal-3204	310	17	when	when	SCONJ
cjal-3204	310	18	this	this	DET
cjal-3204	310	19	controversy	controversy	NOUN
cjal-3204	310	20	raged	rage	VERB
cjal-3204	310	21	.	.	PUNCT
cjal-3204	311	1	today	today	NOUN
cjal-3204	311	2	they	they	PRON
cjal-3204	311	3	are	be	AUX
cjal-3204	311	4	quite	quite	ADV
cjal-3204	311	5	routine	routine	ADJ
cjal-3204	311	6	.	.	PUNCT
cjal-3204	312	1	viewed	view	VERB
cjal-3204	312	2	from	from	ADP
cjal-3204	312	3	today	today	NOUN
cjal-3204	312	4	's	's	PART
cjal-3204	312	5	perspective	perspective	NOUN
cjal-3204	312	6	,	,	PUNCT
cjal-3204	312	7	the	the	DET
cjal-3204	312	8	notion	notion	NOUN
cjal-3204	312	9	of	of	ADP
cjal-3204	312	10	an	an	DET
cjal-3204	312	11	enforceable	enforceable	ADJ
cjal-3204	312	12	due	due	ADJ
cjal-3204	312	13	-	-	PUNCT
cjal-3204	312	14	on	on	ADP
cjal-3204	312	15	-	-	PUNCT
cjal-3204	312	16	sale	sale	NOUN
cjal-3204	312	17	clause	clause	NOUN
cjal-3204	312	18	seems	seem	VERB
cjal-3204	312	19	innocuous	innocuous	ADJ
cjal-3204	312	20	.	.	PUNCT
cjal-3204	313	1	if	if	SCONJ
cjal-3204	313	2	a	a	DET
cjal-3204	313	3	lender	lender	NOUN
cjal-3204	313	4	can	can	AUX
cjal-3204	313	5	validly	validly	ADV
cjal-3204	313	6	enter	enter	VERB
cjal-3204	313	7	into	into	ADP
cjal-3204	313	8	a	a	DET
cjal-3204	313	9	contract	contract	NOUN
cjal-3204	313	10	that	that	PRON
cjal-3204	313	11	permits	permit	VERB
cjal-3204	313	12	the	the	DET
cjal-3204	313	13	lender	lender	NOUN
cjal-3204	313	14	to	to	PART
cjal-3204	313	15	adjust	adjust	VERB
cjal-3204	313	16	the	the	DET
cjal-3204	313	17	loan	loan	NOUN
cjal-3204	313	18	's	's	PART
cjal-3204	313	19	interest	interest	NOUN
cjal-3204	313	20	rate	rate	NOUN
cjal-3204	313	21	every	every	DET
cjal-3204	313	22	year	year	NOUN
cjal-3204	313	23	(	(	PUNCT
cjal-3204	313	24	or	or	CCONJ
cjal-3204	313	25	every	every	DET
cjal-3204	313	26	six	six	NUM
cjal-3204	313	27	or	or	CCONJ
cjal-3204	313	28	three	three	NUM
cjal-3204	313	29	months	month	NOUN
cjal-3204	313	30	)	)	PUNCT
cjal-3204	313	31	,	,	PUNCT
cjal-3204	313	32	how	how	SCONJ
cjal-3204	313	33	can	can	AUX
cjal-3204	313	34	a	a	DET
cjal-3204	313	35	borrower	borrower	NOUN
cjal-3204	313	36	complain	complain	VERB
cjal-3204	313	37	about	about	ADP
cjal-3204	313	38	a	a	DET
cjal-3204	313	39	contract	contract	NOUN
cjal-3204	313	40	(	(	PUNCT
cjal-3204	313	41	the	the	DET
cjal-3204	313	42	due	due	ADJ
cjal-3204	313	43	-	-	PUNCT
cjal-3204	313	44	on	on	ADP
cjal-3204	313	45	-	-	PUNCT
cjal-3204	313	46	sale	sale	NOUN
cjal-3204	313	47	clause	clause	NOUN
cjal-3204	313	48	)	)	PUNCT
cjal-3204	313	49	that	that	PRON
cjal-3204	313	50	permits	permit	VERB
cjal-3204	313	51	the	the	DET
cjal-3204	313	52	lender	lender	NOUN
cjal-3204	313	53	to	to	PART
cjal-3204	313	54	adjust	adjust	VERB
cjal-3204	313	55	the	the	DET
cjal-3204	313	56	rate	rate	NOUN
cjal-3204	313	57	when	when	SCONJ
cjal-3204	313	58	,	,	PUNCT
cjal-3204	313	59	and	and	CCONJ
cjal-3204	313	60	only	only	ADV
cjal-3204	313	61	when	when	SCONJ
cjal-3204	313	62	,	,	PUNCT
cjal-3204	313	63	the	the	DET
cjal-3204	313	64	property	property	NOUN
cjal-3204	313	65	is	be	AUX
cjal-3204	313	66	transferred	transfer	VERB
cjal-3204	313	67	?	?	PUNCT
cjal-3204	314	1	in	in	ADP
cjal-3204	314	2	36	36	NUM
cjal-3204	314	3	.	.	PUNCT
cjal-3204	315	1	in	in	ADP
cjal-3204	315	2	nonresidential	nonresidential	ADJ
cjal-3204	315	3	mortgages	mortgage	NOUN
cjal-3204	315	4	,	,	PUNCT
cjal-3204	315	5	the	the	DET
cjal-3204	315	6	due	due	ADJ
cjal-3204	315	7	-	-	PUNCT
cjal-3204	315	8	on	on	ADP
cjal-3204	315	9	-	-	PUNCT
cjal-3204	315	10	sale	sale	NOUN
cjal-3204	315	11	clause	clause	NOUN
cjal-3204	315	12	is	be	AUX
cjal-3204	315	13	often	often	ADV
cjal-3204	315	14	very	very	ADV
cjal-3204	315	15	elaborate	elaborate	ADJ
cjal-3204	315	16	and	and	CCONJ
cjal-3204	315	17	may	may	AUX
cjal-3204	315	18	be	be	AUX
cjal-3204	315	19	aggressively	aggressively	ADV
cjal-3204	315	20	negotiated	negotiate	VERB
cjal-3204	315	21	by	by	ADP
cjal-3204	315	22	the	the	DET
cjal-3204	315	23	parties	party	NOUN
cjal-3204	315	24	.	.	PUNCT
cjal-3204	316	1	in	in	ADP
cjal-3204	316	2	such	such	ADJ
cjal-3204	316	3	mortgages	mortgage	NOUN
cjal-3204	316	4	,	,	PUNCT
cjal-3204	316	5	there	there	PRON
cjal-3204	316	6	are	be	VERB
cjal-3204	316	7	usually	usually	ADV
cjal-3204	316	8	extensive	extensive	ADJ
cjal-3204	316	9	provisions	provision	NOUN
cjal-3204	316	10	dealing	deal	VERB
cjal-3204	316	11	with	with	ADP
cjal-3204	316	12	the	the	DET
cjal-3204	316	13	transfer	transfer	NOUN
cjal-3204	316	14	of	of	ADP
cjal-3204	316	15	interests	interest	NOUN
cjal-3204	316	16	(	(	PUNCT
cjal-3204	316	17	e.g.	e.g.	ADV
cjal-3204	316	18	,	,	PUNCT
cjal-3204	316	19	shares	share	NOUN
cjal-3204	316	20	of	of	ADP
cjal-3204	316	21	stock	stock	NOUN
cjal-3204	316	22	,	,	PUNCT
cjal-3204	316	23	partnership	partnership	NOUN
cjal-3204	316	24	shares	share	NOUN
cjal-3204	316	25	,	,	PUNCT
cjal-3204	316	26	etc	etc	X
cjal-3204	316	27	.	.	X
cjal-3204	316	28	)	)	PUNCT
cjal-3204	317	1	in	in	ADP
cjal-3204	317	2	the	the	DET
cjal-3204	317	3	borrower	borrower	NOUN
cjal-3204	317	4	entity	entity	NOUN
cjal-3204	317	5	.	.	PUNCT
cjal-3204	318	1	these	these	DET
cjal-3204	318	2	provisions	provision	NOUN
cjal-3204	318	3	recognize	recognize	VERB
cjal-3204	318	4	that	that	SCONJ
cjal-3204	318	5	,	,	PUNCT
cjal-3204	318	6	in	in	ADP
cjal-3204	318	7	practical	practical	ADJ
cjal-3204	318	8	terms	term	NOUN
cjal-3204	318	9	,	,	PUNCT
cjal-3204	318	10	there	there	PRON
cjal-3204	318	11	is	be	VERB
cjal-3204	318	12	little	little	ADJ
cjal-3204	318	13	difference	difference	NOUN
cjal-3204	318	14	between	between	ADP
cjal-3204	318	15	selling	sell	VERB
cjal-3204	318	16	the	the	DET
cjal-3204	318	17	real	real	ADJ
cjal-3204	318	18	estate	estate	NOUN
cjal-3204	318	19	and	and	CCONJ
cjal-3204	318	20	selling	sell	VERB
cjal-3204	318	21	a	a	DET
cjal-3204	318	22	controlling	control	VERB
cjal-3204	318	23	interest	interest	NOUN
cjal-3204	318	24	in	in	ADP
cjal-3204	318	25	the	the	DET
cjal-3204	318	26	entity	entity	NOUN
cjal-3204	318	27	that	that	PRON
cjal-3204	318	28	owns	own	VERB
cjal-3204	318	29	the	the	DET
cjal-3204	318	30	real	real	ADJ
cjal-3204	318	31	estate	estate	NOUN
cjal-3204	318	32	.	.	PUNCT
cjal-3204	319	1	any	any	DET
cjal-3204	319	2	statute	statute	NOUN
cjal-3204	319	3	embodying	embody	VERB
cjal-3204	319	4	the	the	DET
cjal-3204	319	5	due	due	ADJ
cjal-3204	319	6	-	-	PUNCT
cjal-3204	319	7	on	on	ADP
cjal-3204	319	8	-	-	PUNCT
cjal-3204	319	9	sale	sale	NOUN
cjal-3204	319	10	concept	concept	NOUN
cjal-3204	319	11	would	would	AUX
cjal-3204	319	12	have	have	VERB
cjal-3204	319	13	to	to	PART
cjal-3204	319	14	take	take	VERB
cjal-3204	319	15	this	this	DET
cjal-3204	319	16	sort	sort	NOUN
cjal-3204	319	17	of	of	ADP
cjal-3204	319	18	sale	sale	NOUN
cjal-3204	319	19	into	into	ADP
cjal-3204	319	20	account	account	NOUN
cjal-3204	319	21	.	.	PUNCT
cjal-3204	320	1	since	since	SCONJ
cjal-3204	320	2	results	result	NOUN
cjal-3204	320	3	of	of	ADP
cjal-3204	320	4	negotiations	negotiation	NOUN
cjal-3204	320	5	over	over	ADP
cjal-3204	320	6	due	due	ADJ
cjal-3204	320	7	-	-	PUNCT
cjal-3204	320	8	on	on	ADP
cjal-3204	320	9	-	-	PUNCT
cjal-3204	320	10	sale	sale	NOUN
cjal-3204	320	11	clauses	clause	NOUN
cjal-3204	320	12	in	in	ADP
cjal-3204	320	13	commercial	commercial	ADJ
cjal-3204	320	14	mortgages	mortgage	NOUN
cjal-3204	320	15	vary	vary	VERB
cjal-3204	320	16	,	,	PUNCT
cjal-3204	320	17	and	and	CCONJ
cjal-3204	320	18	there	there	PRON
cjal-3204	320	19	is	be	VERB
cjal-3204	320	20	no	no	DET
cjal-3204	320	21	"	"	PUNCT
cjal-3204	320	22	standard	standard	ADJ
cjal-3204	320	23	"	"	PUNCT
cjal-3204	320	24	clause	clause	NOUN
cjal-3204	320	25	in	in	ADP
cjal-3204	320	26	commercial	commercial	ADJ
cjal-3204	320	27	mortgages	mortgage	NOUN
cjal-3204	320	28	,	,	PUNCT
cjal-3204	320	29	the	the	DET
cjal-3204	320	30	present	present	ADJ
cjal-3204	320	31	system	system	NOUN
cjal-3204	320	32	,	,	PUNCT
cjal-3204	320	33	in	in	ADP
cjal-3204	320	34	which	which	PRON
cjal-3204	320	35	federal	federal	ADJ
cjal-3204	320	36	law	law	NOUN
cjal-3204	320	37	(	(	PUNCT
cjal-3204	320	38	the	the	DET
cjal-3204	320	39	gan	gan	PROPN
cjal-3204	320	40	act	act	PROPN
cjal-3204	320	41	)	)	PUNCT
cjal-3204	320	42	simply	simply	ADV
cjal-3204	320	43	validates	validate	VERB
cjal-3204	320	44	the	the	DET
cjal-3204	320	45	parties	party	NOUN
cjal-3204	320	46	'	'	PART
cjal-3204	320	47	negotiated	negotiate	VERB
cjal-3204	320	48	clause	clause	NOUN
cjal-3204	320	49	,	,	PUNCT
cjal-3204	320	50	is	be	AUX
cjal-3204	320	51	more	more	ADV
cjal-3204	320	52	flexible	flexible	ADJ
cjal-3204	320	53	than	than	ADP
cjal-3204	320	54	a	a	DET
cjal-3204	320	55	statute	statute	NOUN
cjal-3204	320	56	embodying	embody	VERB
cjal-3204	320	57	the	the	DET
cjal-3204	320	58	due	due	ADJ
cjal-3204	320	59	-	-	PUNCT
cjal-3204	320	60	on	on	ADP
cjal-3204	320	61	-	-	PUNCT
cjal-3204	320	62	sale	sale	NOUN
cjal-3204	320	63	concept	concept	NOUN
cjal-3204	320	64	could	could	AUX
cjal-3204	320	65	be	be	AUX
cjal-3204	320	66	,	,	PUNCT
cjal-3204	320	67	and	and	CCONJ
cjal-3204	320	68	is	be	AUX
cjal-3204	320	69	therefore	therefore	ADV
cjal-3204	320	70	preferable	preferable	ADJ
cjal-3204	320	71	.	.	PUNCT
cjal-3204	321	1	see	see	AUX
cjal-3204	321	2	note	note	VERB
cjal-3204	321	3	18	18	NUM
cjal-3204	321	4	supra	supra	NOUN
cjal-3204	321	5	.	.	PUNCT
cjal-3204	322	1	37	37	NUM
cjal-3204	322	2	.	.	PUNCT
cjal-3204	323	1	see	see	VERB
cjal-3204	323	2	supra	supra	ADJ
cjal-3204	323	3	text	text	NOUN
cjal-3204	323	4	accompanying	accompanying	ADJ
cjal-3204	323	5	note	note	NOUN
cjal-3204	323	6	18	18	NUM
cjal-3204	323	7	.	.	PUNCT
cjal-3204	324	1	[	[	X
cjal-3204	324	2	15:1	15:1	NUM
cjal-3204	324	3	chinese	chinese	ADJ
cjal-3204	324	4	mortgage	mortgage	NOUN
cjal-3204	324	5	law	law	NOUN
cjal-3204	324	6	effect	effect	NOUN
cjal-3204	324	7	,	,	PUNCT
cjal-3204	324	8	a	a	DET
cjal-3204	324	9	fixed	fix	VERB
cjal-3204	324	10	-	-	PUNCT
cjal-3204	324	11	rate	rate	NOUN
cjal-3204	324	12	mortgage	mortgage	NOUN
cjal-3204	324	13	loan	loan	NOUN
cjal-3204	324	14	with	with	ADP
cjal-3204	324	15	an	an	DET
cjal-3204	324	16	enforceable	enforceable	ADJ
cjal-3204	324	17	due	due	ADJ
cjal-3204	324	18	-	-	PUNCT
cjal-3204	324	19	on	on	ADP
cjal-3204	324	20	-	-	PUNCT
cjal-3204	324	21	sale	sale	NOUN
cjal-3204	324	22	clause	clause	NOUN
cjal-3204	324	23	is	be	AUX
cjal-3204	324	24	really	really	ADV
cjal-3204	324	25	an	an	DET
cjal-3204	324	26	adjustable	adjustable	ADJ
cjal-3204	324	27	-	-	PUNCT
cjal-3204	324	28	rate	rate	NOUN
cjal-3204	324	29	loan	loan	NOUN
cjal-3204	324	30	but	but	CCONJ
cjal-3204	324	31	one	one	NUM
cjal-3204	324	32	whose	whose	DET
cjal-3204	324	33	rate	rate	NOUN
cjal-3204	324	34	adjusts	adjust	VERB
cjal-3204	324	35	only	only	ADV
cjal-3204	324	36	infrequently	infrequently	ADV
cjal-3204	324	37	,	,	PUNCT
cjal-3204	324	38	when	when	SCONJ
cjal-3204	324	39	the	the	DET
cjal-3204	324	40	real	real	ADJ
cjal-3204	324	41	estate	estate	NOUN
cjal-3204	324	42	is	be	AUX
cjal-3204	324	43	sold	sell	VERB
cjal-3204	324	44	.	.	PUNCT
cjal-3204	325	1	in	in	ADP
cjal-3204	325	2	one	one	NUM
cjal-3204	325	3	sense	sense	NOUN
cjal-3204	325	4	,	,	PUNCT
cjal-3204	325	5	the	the	DET
cjal-3204	325	6	due	due	ADJ
cjal-3204	325	7	-	-	PUNCT
cjal-3204	325	8	on	on	ADP
cjal-3204	325	9	-	-	PUNCT
cjal-3204	325	10	sale	sale	NOUN
cjal-3204	325	11	clause	clause	NOUN
cjal-3204	325	12	arguably	arguably	ADV
cjal-3204	325	13	goes	go	VERB
cjal-3204	325	14	too	too	ADV
cjal-3204	325	15	far	far	ADV
cjal-3204	325	16	.	.	PUNCT
cjal-3204	326	1	it	it	PRON
cjal-3204	326	2	permits	permit	VERB
cjal-3204	326	3	the	the	DET
cjal-3204	326	4	lender	lender	NOUN
cjal-3204	326	5	to	to	PART
cjal-3204	326	6	"	"	PUNCT
cjal-3204	326	7	call	call	VERB
cjal-3204	326	8	"	"	PUNCT
cjal-3204	326	9	or	or	CCONJ
cjal-3204	326	10	accelerate	accelerate	VERB
cjal-3204	326	11	the	the	DET
cjal-3204	326	12	loan	loan	NOUN
cjal-3204	326	13	even	even	ADV
cjal-3204	326	14	if	if	SCONJ
cjal-3204	326	15	the	the	DET
cjal-3204	326	16	proposed	propose	VERB
cjal-3204	326	17	transferee	transferee	NOUN
cjal-3204	326	18	of	of	ADP
cjal-3204	326	19	the	the	DET
cjal-3204	326	20	property	property	NOUN
cjal-3204	326	21	is	be	AUX
cjal-3204	326	22	fully	fully	ADV
cjal-3204	326	23	credit	credit	NOUN
cjal-3204	326	24	-	-	PUNCT
cjal-3204	326	25	worthy	worthy	ADJ
cjal-3204	326	26	and	and	CCONJ
cjal-3204	326	27	is	be	AUX
cjal-3204	326	28	willing	willing	ADJ
cjal-3204	326	29	to	to	PART
cjal-3204	326	30	adjust	adjust	VERB
cjal-3204	326	31	the	the	DET
cjal-3204	326	32	loan	loan	NOUN
cjal-3204	326	33	's	's	PART
cjal-3204	326	34	interest	interest	NOUN
cjal-3204	326	35	rate	rate	NOUN
cjal-3204	326	36	to	to	ADP
cjal-3204	326	37	the	the	DET
cjal-3204	326	38	current	current	ADJ
cjal-3204	326	39	market	market	NOUN
cjal-3204	326	40	level	level	NOUN
cjal-3204	326	41	.	.	PUNCT
cjal-3204	327	1	obviously	obviously	ADV
cjal-3204	327	2	most	most	ADJ
cjal-3204	327	3	lenders	lender	NOUN
cjal-3204	327	4	would	would	AUX
cjal-3204	327	5	not	not	PART
cjal-3204	327	6	accelerate	accelerate	VERB
cjal-3204	327	7	the	the	DET
cjal-3204	327	8	loan	loan	NOUN
cjal-3204	327	9	under	under	ADP
cjal-3204	327	10	these	these	DET
cjal-3204	327	11	circumstances	circumstance	NOUN
cjal-3204	327	12	,	,	PUNCT
cjal-3204	327	13	simply	simply	ADV
cjal-3204	327	14	because	because	SCONJ
cjal-3204	327	15	it	it	PRON
cjal-3204	327	16	is	be	AUX
cjal-3204	327	17	easier	easy	ADJ
cjal-3204	327	18	to	to	PART
cjal-3204	327	19	leave	leave	VERB
cjal-3204	327	20	the	the	DET
cjal-3204	327	21	loan	loan	NOUN
cjal-3204	327	22	"	"	PUNCT
cjal-3204	327	23	on	on	ADP
cjal-3204	327	24	the	the	DET
cjal-3204	327	25	books	book	NOUN
cjal-3204	327	26	"	"	PUNCT
cjal-3204	327	27	at	at	ADP
cjal-3204	327	28	the	the	DET
cjal-3204	327	29	higher	high	ADJ
cjal-3204	327	30	rate	rate	NOUN
cjal-3204	327	31	than	than	SCONJ
cjal-3204	327	32	to	to	PART
cjal-3204	327	33	relend	relend	VERB
cjal-3204	327	34	the	the	DET
cjal-3204	327	35	money	money	NOUN
cjal-3204	327	36	to	to	ADP
cjal-3204	327	37	a	a	DET
cjal-3204	327	38	different	different	ADJ
cjal-3204	327	39	borrower	borrower	NOUN
cjal-3204	327	40	at	at	ADP
cjal-3204	327	41	the	the	DET
cjal-3204	327	42	same	same	ADJ
cjal-3204	327	43	rate	rate	NOUN
cjal-3204	327	44	.	.	PUNCT
cjal-3204	328	1	nonetheless	nonetheless	ADV
cjal-3204	328	2	,	,	PUNCT
cjal-3204	328	3	the	the	DET
cjal-3204	328	4	clause	clause	NOUN
cjal-3204	328	5	literally	literally	ADV
cjal-3204	328	6	allows	allow	VERB
cjal-3204	328	7	a	a	DET
cjal-3204	328	8	lender	lender	NOUN
cjal-3204	328	9	to	to	PART
cjal-3204	328	10	act	act	VERB
cjal-3204	328	11	arbitrarily	arbitrarily	ADV
cjal-3204	328	12	in	in	ADP
cjal-3204	328	13	this	this	DET
cjal-3204	328	14	setting	setting	NOUN
cjal-3204	328	15	.	.	PUNCT
cjal-3204	329	1	a	a	DET
cjal-3204	329	2	sensible	sensible	ADJ
cjal-3204	329	3	alternative	alternative	NOUN
cjal-3204	329	4	to	to	ADP
cjal-3204	329	5	the	the	DET
cjal-3204	329	6	present	present	ADJ
cjal-3204	329	7	form	form	NOUN
cjal-3204	329	8	of	of	ADP
cjal-3204	329	9	the	the	DET
cjal-3204	329	10	due	due	ADJ
cjal-3204	329	11	-	-	PUNCT
cjal-3204	329	12	on	on	ADP
cjal-3204	329	13	-	-	PUNCT
cjal-3204	329	14	sale	sale	NOUN
cjal-3204	329	15	clause	clause	NOUN
cjal-3204	329	16	would	would	AUX
cjal-3204	329	17	be	be	AUX
cjal-3204	329	18	a	a	DET
cjal-3204	329	19	clause	clause	NOUN
cjal-3204	329	20	(	(	PUNCT
cjal-3204	329	21	or	or	CCONJ
cjal-3204	329	22	a	a	DET
cjal-3204	329	23	statute	statute	NOUN
cjal-3204	329	24	regulating	regulate	VERB
cjal-3204	329	25	such	such	ADJ
cjal-3204	329	26	clauses	clause	NOUN
cjal-3204	329	27	)	)	PUNCT
cjal-3204	329	28	that	that	PRON
cjal-3204	329	29	permitted	permit	VERB
cjal-3204	329	30	acceleration	acceleration	NOUN
cjal-3204	329	31	of	of	ADP
cjal-3204	329	32	the	the	DET
cjal-3204	329	33	loan	loan	NOUN
cjal-3204	329	34	only	only	ADV
cjal-3204	329	35	if	if	SCONJ
cjal-3204	329	36	the	the	DET
cjal-3204	329	37	proposed	propose	VERB
cjal-3204	329	38	transferee	transferee	NOUN
cjal-3204	329	39	(	(	PUNCT
cjal-3204	329	40	1	1	X
cjal-3204	329	41	)	)	PUNCT
cjal-3204	329	42	failed	fail	VERB
cjal-3204	329	43	to	to	PART
cjal-3204	329	44	meet	meet	VERB
cjal-3204	329	45	the	the	DET
cjal-3204	329	46	lender	lender	NOUN
cjal-3204	329	47	's	's	PART
cjal-3204	329	48	reasonable	reasonable	ADJ
cjal-3204	329	49	underwriting	underwriting	NOUN
cjal-3204	329	50	criteria	criterion	NOUN
cjal-3204	329	51	,	,	PUNCT
cjal-3204	329	52	or	or	CCONJ
cjal-3204	329	53	(	(	PUNCT
cjal-3204	329	54	2	2	X
cjal-3204	329	55	)	)	PUNCT
cjal-3204	329	56	refused	refuse	VERB
cjal-3204	329	57	to	to	PART
cjal-3204	329	58	agree	agree	VERB
cjal-3204	329	59	to	to	ADP
cjal-3204	329	60	an	an	DET
cjal-3204	329	61	adjustment	adjustment	NOUN
cjal-3204	329	62	of	of	ADP
cjal-3204	329	63	the	the	DET
cjal-3204	329	64	loan	loan	NOUN
cjal-3204	329	65	's	's	PART
cjal-3204	329	66	interest	interest	NOUN
cjal-3204	329	67	rate	rate	NOUN
cjal-3204	329	68	to	to	ADP
cjal-3204	329	69	the	the	DET
cjal-3204	329	70	level	level	NOUN
cjal-3204	329	71	demanded	demand	VERB
cjal-3204	329	72	by	by	ADP
cjal-3204	329	73	the	the	DET
cjal-3204	329	74	lender	lender	NOUN
cjal-3204	329	75	.	.	PUNCT
cjal-3204	330	1	but	but	CCONJ
cjal-3204	330	2	this	this	PRON
cjal-3204	330	3	is	be	AUX
cjal-3204	330	4	a	a	DET
cjal-3204	330	5	relatively	relatively	ADV
cjal-3204	330	6	minor	minor	ADJ
cjal-3204	330	7	issue	issue	NOUN
cjal-3204	330	8	,	,	PUNCT
cjal-3204	330	9	since	since	SCONJ
cjal-3204	330	10	it	it	PRON
cjal-3204	330	11	is	be	AUX
cjal-3204	330	12	doubtful	doubtful	ADJ
cjal-3204	330	13	that	that	SCONJ
cjal-3204	330	14	lenders	lender	NOUN
cjal-3204	330	15	often	often	ADV
cjal-3204	330	16	act	act	VERB
cjal-3204	330	17	arbitrarily	arbitrarily	ADV
cjal-3204	330	18	.	.	PUNCT
cjal-3204	331	1	overall	overall	ADV
cjal-3204	331	2	,	,	PUNCT
cjal-3204	331	3	the	the	DET
cjal-3204	331	4	transition	transition	NOUN
cjal-3204	331	5	to	to	PART
cjal-3204	331	6	enforceable	enforceable	VERB
cjal-3204	331	7	due	due	ADJ
cjal-3204	331	8	-	-	PUNCT
cjal-3204	331	9	on	on	ADP
cjal-3204	331	10	-	-	PUNCT
cjal-3204	331	11	sale	sale	NOUN
cjal-3204	331	12	clauses	clause	NOUN
cjal-3204	331	13	in	in	ADP
cjal-3204	331	14	the	the	DET
cjal-3204	331	15	united	united	PROPN
cjal-3204	331	16	states	states	PROPN
cjal-3204	331	17	has	have	AUX
cjal-3204	331	18	been	be	AUX
cjal-3204	331	19	smooth	smooth	ADJ
cjal-3204	331	20	and	and	CCONJ
cjal-3204	331	21	effective	effective	ADJ
cjal-3204	331	22	.	.	PUNCT
cjal-3204	332	1	the	the	DET
cjal-3204	332	2	clause	clause	NOUN
cjal-3204	332	3	is	be	AUX
cjal-3204	332	4	extremely	extremely	ADV
cjal-3204	332	5	important	important	ADJ
cjal-3204	332	6	to	to	ADP
cjal-3204	332	7	"	"	PUNCT
cjal-3204	332	8	portfolio	portfolio	NOUN
cjal-3204	332	9	lenders	lender	NOUN
cjal-3204	332	10	"	"	PUNCT
cjal-3204	332	11	that	that	PRON
cjal-3204	332	12	is	be	AUX
cjal-3204	332	13	,	,	PUNCT
cjal-3204	332	14	those	those	PRON
cjal-3204	332	15	who	who	PRON
cjal-3204	332	16	hold	hold	VERB
cjal-3204	332	17	large	large	ADJ
cjal-3204	332	18	number	number	NOUN
cjal-3204	332	19	of	of	ADP
cjal-3204	332	20	fixed	fix	VERB
cjal-3204	332	21	-	-	PUNCT
cjal-3204	332	22	interest	interest	NOUN
cjal-3204	332	23	loans	loan	NOUN
cjal-3204	332	24	in	in	ADP
cjal-3204	332	25	their	their	PRON
cjal-3204	332	26	portfolios	portfolio	NOUN
cjal-3204	332	27	as	as	ADP
cjal-3204	332	28	distinct	distinct	ADJ
cjal-3204	332	29	from	from	ADP
cjal-3204	332	30	lenders	lender	NOUN
cjal-3204	332	31	such	such	ADJ
cjal-3204	332	32	as	as	ADP
cjal-3204	332	33	mortgage	mortgage	NOUN
cjal-3204	332	34	bankers	banker	NOUN
cjal-3204	332	35	,	,	PUNCT
cjal-3204	332	36	who	who	PRON
cjal-3204	332	37	originate	originate	VERB
cjal-3204	332	38	loans	loan	NOUN
cjal-3204	332	39	primarily	primarily	ADV
cjal-3204	332	40	for	for	ADP
cjal-3204	332	41	sale	sale	NOUN
cjal-3204	332	42	to	to	ADP
cjal-3204	332	43	other	other	ADJ
cjal-3204	332	44	investors	investor	NOUN
cjal-3204	332	45	on	on	ADP
cjal-3204	332	46	the	the	DET
cjal-3204	332	47	secondary	secondary	ADJ
cjal-3204	332	48	market	market	NOUN
cjal-3204	332	49	.	.	PUNCT
cjal-3204	333	1	it	it	PRON
cjal-3204	333	2	is	be	AUX
cjal-3204	333	3	equally	equally	ADV
cjal-3204	333	4	critical	critical	ADJ
cjal-3204	333	5	to	to	ADP
cjal-3204	333	6	secondary	secondary	ADJ
cjal-3204	333	7	market	market	NOUN
cjal-3204	333	8	investors	investor	NOUN
cjal-3204	333	9	who	who	PRON
cjal-3204	333	10	hold	hold	VERB
cjal-3204	333	11	fixed	fix	VERB
cjal-3204	333	12	-	-	PUNCT
cjal-3204	333	13	interest	interest	NOUN
cjal-3204	333	14	mortgage	mortgage	NOUN
cjal-3204	333	15	loans	loan	NOUN
cjal-3204	333	16	for	for	ADP
cjal-3204	333	17	the	the	DET
cjal-3204	333	18	long	long	ADJ
cjal-3204	333	19	term	term	NOUN
cjal-3204	333	20	.	.	PUNCT
cjal-3204	334	1	portfolio	portfolio	NOUN
cjal-3204	334	2	lenders	lender	NOUN
cjal-3204	334	3	and	and	CCONJ
cjal-3204	334	4	investors	investor	NOUN
cjal-3204	334	5	,	,	PUNCT
cjal-3204	334	6	especially	especially	ADV
cjal-3204	334	7	those	those	PRON
cjal-3204	334	8	whose	whose	DET
cjal-3204	334	9	lendable	lendable	ADJ
cjal-3204	334	10	funds	fund	NOUN
cjal-3204	334	11	are	be	AUX
cjal-3204	334	12	derived	derive	VERB
cjal-3204	334	13	from	from	ADP
cjal-3204	334	14	short	short	ADJ
cjal-3204	334	15	-	-	PUNCT
cjal-3204	334	16	term	term	NOUN
cjal-3204	334	17	deposits	deposit	NOUN
cjal-3204	334	18	such	such	ADJ
cjal-3204	334	19	as	as	ADP
cjal-3204	334	20	savings	saving	NOUN
cjal-3204	334	21	accounts	account	NOUN
cjal-3204	334	22	,	,	PUNCT
cjal-3204	334	23	are	be	AUX
cjal-3204	334	24	placed	place	VERB
cjal-3204	334	25	in	in	ADP
cjal-3204	334	26	a	a	DET
cjal-3204	334	27	position	position	NOUN
cjal-3204	334	28	of	of	ADP
cjal-3204	334	29	extremely	extremely	ADV
cjal-3204	334	30	high	high	ADJ
cjal-3204	334	31	risk	risk	NOUN
cjal-3204	334	32	if	if	SCONJ
cjal-3204	334	33	they	they	PRON
cjal-3204	334	34	use	use	VERB
cjal-3204	334	35	those	those	DET
cjal-3204	334	36	funds	fund	NOUN
cjal-3204	334	37	to	to	PART
cjal-3204	334	38	make	make	VERB
cjal-3204	334	39	long	long	ADJ
cjal-3204	334	40	-	-	PUNCT
cjal-3204	334	41	term	term	NOUN
cjal-3204	334	42	fixed	fix	VERB
cjal-3204	334	43	-	-	PUNCT
cjal-3204	334	44	interest	interest	NOUN
cjal-3204	334	45	loans	loan	NOUN
cjal-3204	334	46	.	.	PUNCT
cjal-3204	335	1	the	the	DET
cjal-3204	335	2	reason	reason	NOUN
cjal-3204	335	3	is	be	AUX
cjal-3204	335	4	obvious	obvious	ADJ
cjal-3204	335	5	:	:	PUNCT
cjal-3204	335	6	if	if	SCONJ
cjal-3204	335	7	short	short	ADJ
cjal-3204	335	8	-	-	PUNCT
cjal-3204	335	9	term	term	NOUN
cjal-3204	335	10	market	market	NOUN
cjal-3204	335	11	rates	rate	NOUN
cjal-3204	335	12	rise	rise	VERB
cjal-3204	335	13	,	,	PUNCT
cjal-3204	335	14	the	the	DET
cjal-3204	335	15	lender	lender	NOUN
cjal-3204	335	16	or	or	CCONJ
cjal-3204	335	17	investor	investor	NOUN
cjal-3204	335	18	will	will	AUX
cjal-3204	335	19	be	be	AUX
cjal-3204	335	20	compelled	compel	VERB
cjal-3204	335	21	to	to	PART
cjal-3204	335	22	pay	pay	VERB
cjal-3204	335	23	a	a	DET
cjal-3204	335	24	higher	high	ADJ
cjal-3204	335	25	price	price	NOUN
cjal-3204	335	26	for	for	ADP
cjal-3204	335	27	its	its	PRON
cjal-3204	335	28	money	money	NOUN
cjal-3204	335	29	,	,	PUNCT
cjal-3204	335	30	while	while	SCONJ
cjal-3204	335	31	the	the	DET
cjal-3204	335	32	yield	yield	NOUN
cjal-3204	335	33	on	on	ADP
cjal-3204	335	34	its	its	PRON
cjal-3204	335	35	long	long	ADJ
cjal-3204	335	36	-	-	PUNCT
cjal-3204	335	37	term	term	NOUN
cjal-3204	335	38	mortgage	mortgage	NOUN
cjal-3204	335	39	loan	loan	NOUN
cjal-3204	335	40	portfolio	portfolio	NOUN
cjal-3204	335	41	will	will	AUX
cjal-3204	335	42	move	move	VERB
cjal-3204	335	43	upward	upward	ADV
cjal-3204	335	44	only	only	ADV
cjal-3204	335	45	gradually	gradually	ADV
cjal-3204	335	46	.	.	PUNCT
cjal-3204	336	1	such	such	DET
cjal-3204	336	2	a	a	DET
cjal-3204	336	3	lender	lender	NOUN
cjal-3204	336	4	or	or	CCONJ
cjal-3204	336	5	investor	investor	NOUN
cjal-3204	336	6	can	can	AUX
cjal-3204	336	7	easily	easily	ADV
cjal-3204	336	8	find	find	VERB
cjal-3204	336	9	itself	itself	PRON
cjal-3204	336	10	in	in	ADP
cjal-3204	336	11	a	a	DET
cjal-3204	336	12	deficit	deficit	NOUN
cjal-3204	336	13	position	position	NOUN
cjal-3204	336	14	in	in	ADP
cjal-3204	336	15	which	which	PRON
cjal-3204	336	16	its	its	PRON
cjal-3204	336	17	cost	cost	NOUN
cjal-3204	336	18	of	of	ADP
cjal-3204	336	19	funds	fund	NOUN
cjal-3204	336	20	exceeds	exceed	VERB
cjal-3204	336	21	its	its	PRON
cjal-3204	336	22	earnings	earning	NOUN
cjal-3204	336	23	on	on	ADP
cjal-3204	336	24	those	those	DET
cjal-3204	336	25	funds	fund	NOUN
cjal-3204	336	26	.	.	PUNCT
cjal-3204	337	1	if	if	SCONJ
cjal-3204	337	2	that	that	DET
cjal-3204	337	3	situation	situation	NOUN
cjal-3204	337	4	continues	continue	VERB
cjal-3204	337	5	for	for	ADP
cjal-3204	337	6	long	long	ADV
cjal-3204	337	7	,	,	PUNCT
cjal-3204	337	8	it	it	PRON
cjal-3204	337	9	is	be	AUX
cjal-3204	337	10	a	a	DET
cjal-3204	337	11	recipe	recipe	NOUN
cjal-3204	337	12	for	for	ADP
cjal-3204	337	13	insolvency	insolvency	NOUN
cjal-3204	337	14	and	and	CCONJ
cjal-3204	337	15	failure	failure	NOUN
cjal-3204	337	16	.	.	PUNCT
cjal-3204	338	1	the	the	DET
cjal-3204	338	2	due	due	ADJ
cjal-3204	338	3	-	-	PUNCT
cjal-3204	338	4	on	on	ADP
cjal-3204	338	5	-	-	PUNCT
cjal-3204	338	6	sale	sale	NOUN
cjal-3204	338	7	clause	clause	NOUN
cjal-3204	338	8	provides	provide	VERB
cjal-3204	338	9	at	at	ADP
cjal-3204	338	10	least	least	ADJ
cjal-3204	338	11	some	some	PRON
cjal-3204	338	12	amelioration	amelioration	NOUN
cjal-3204	338	13	of	of	ADP
cjal-3204	338	14	this	this	DET
cjal-3204	338	15	problem	problem	NOUN
cjal-3204	338	16	,	,	PUNCT
cjal-3204	338	17	since	since	SCONJ
cjal-3204	338	18	it	it	PRON
cjal-3204	338	19	gives	give	VERB
cjal-3204	338	20	long	long	ADJ
cjal-3204	338	21	-	-	PUNCT
cjal-3204	338	22	term	term	NOUN
cjal-3204	338	23	loans	loan	NOUN
cjal-3204	338	24	a	a	DET
cjal-3204	338	25	shorter	short	ADJ
cjal-3204	338	26	effective	effective	ADJ
cjal-3204	338	27	life	life	NOUN
cjal-3204	338	28	as	as	SCONJ
cjal-3204	338	29	the	the	DET
cjal-3204	338	30	mortgaged	mortgaged	ADJ
cjal-3204	338	31	real	real	ADJ
cjal-3204	338	32	estate	estate	NOUN
cjal-3204	338	33	is	be	AUX
cjal-3204	338	34	sold	sell	VERB
cjal-3204	338	35	.	.	PUNCT
cjal-3204	339	1	to	to	ADP
cjal-3204	339	2	the	the	DET
cjal-3204	339	3	extent	extent	NOUN
cjal-3204	339	4	of	of	ADP
cjal-3204	339	5	that	that	DET
cjal-3204	339	6	amelioration	amelioration	NOUN
cjal-3204	339	7	,	,	PUNCT
cjal-3204	339	8	the	the	DET
cjal-3204	339	9	clause	clause	NOUN
cjal-3204	339	10	is	be	AUX
cjal-3204	339	11	advantageous	advantageous	ADJ
cjal-3204	339	12	to	to	ADP
cjal-3204	339	13	the	the	DET
cjal-3204	339	14	nation	nation	NOUN
cjal-3204	339	15	's	's	PART
cjal-3204	339	16	economy	economy	NOUN
cjal-3204	339	17	as	as	ADP
cjal-3204	339	18	a	a	DET
cjal-3204	339	19	whole	whole	NOUN
cjal-3204	339	20	,	,	PUNCT
cjal-3204	339	21	while	while	SCONJ
cjal-3204	339	22	at	at	ADP
cjal-3204	339	23	the	the	DET
cjal-3204	339	24	same	same	ADJ
cjal-3204	339	25	time	time	NOUN
cjal-3204	339	26	it	it	PRON
cjal-3204	339	27	imposes	impose	VERB
cjal-3204	339	28	no	no	DET
cjal-3204	339	29	unreasonable	unreasonable	ADJ
cjal-3204	339	30	or	or	CCONJ
cjal-3204	339	31	unfair	unfair	ADJ
cjal-3204	339	32	burden	burden	NOUN
cjal-3204	339	33	on	on	ADP
cjal-3204	339	34	borrowers	borrower	NOUN
cjal-3204	339	35	.	.	PUNCT
cjal-3204	340	1	it	it	PRON
cjal-3204	340	2	thus	thus	ADV
cjal-3204	340	3	appears	appear	VERB
cjal-3204	340	4	that	that	SCONJ
cjal-3204	340	5	all	all	DET
cjal-3204	340	6	portfolio	portfolio	NOUN
cjal-3204	340	7	lenders	lender	NOUN
cjal-3204	340	8	and	and	CCONJ
cjal-3204	340	9	investors	investor	NOUN
cjal-3204	340	10	,	,	PUNCT
cjal-3204	340	11	in	in	ADP
cjal-3204	340	12	all	all	DET
cjal-3204	340	13	nations	nation	NOUN
cjal-3204	340	14	,	,	PUNCT
cjal-3204	340	15	who	who	PRON
cjal-3204	340	16	hold	hold	VERB
cjal-3204	340	17	fixed	fix	VERB
cjal-3204	340	18	-	-	PUNCT
cjal-3204	340	19	interest	interest	NOUN
cjal-3204	340	20	loans	loan	NOUN
cjal-3204	340	21	would	would	AUX
cjal-3204	340	22	be	be	AUX
cjal-3204	340	23	well	well	ADV
cjal-3204	340	24	served	serve	VERB
cjal-3204	340	25	by	by	ADP
cjal-3204	340	26	the	the	DET
cjal-3204	340	27	use	use	NOUN
cjal-3204	340	28	of	of	ADP
cjal-3204	340	29	a	a	DET
cjal-3204	340	30	mortgage	mortgage	NOUN
cjal-3204	340	31	clause	clause	NOUN
cjal-3204	340	32	or	or	CCONJ
cjal-3204	340	33	statute	statute	NOUN
cjal-3204	340	34	embodying	embody	VERB
cjal-3204	340	35	the	the	DET
cjal-3204	340	36	due	due	ADJ
cjal-3204	340	37	-	-	PUNCT
cjal-3204	340	38	on2001	on2001	ADJ
cjal-3204	340	39	]	]	PUNCT
cjal-3204	340	40	columbia	columbia	PROPN
cjal-3204	340	41	journal	journal	PROPN
cjal-3204	340	42	of	of	ADP
cjal-3204	340	43	asian	asian	ADJ
cjal-3204	340	44	law	law	NOUN
cjal-3204	340	45	sale	sale	NOUN
cjal-3204	340	46	concept	concept	NOUN
cjal-3204	340	47	.	.	PUNCT
cjal-3204	341	1	this	this	DET
cjal-3204	341	2	benefit	benefit	NOUN
cjal-3204	341	3	would	would	AUX
cjal-3204	341	4	redound	redound	VERB
cjal-3204	341	5	to	to	PART
cjal-3204	341	6	deposit	deposit	VERB
cjal-3204	341	7	insurance	insurance	NOUN
cjal-3204	341	8	underwriters38	underwriters38	NOUN
cjal-3204	341	9	and	and	CCONJ
cjal-3204	341	10	other	other	ADJ
cjal-3204	341	11	government	government	NOUN
cjal-3204	341	12	agencies	agency	NOUN
cjal-3204	341	13	responsible	responsible	ADJ
cjal-3204	341	14	for	for	ADP
cjal-3204	341	15	protecting	protect	VERB
cjal-3204	341	16	the	the	DET
cjal-3204	341	17	health	health	NOUN
cjal-3204	341	18	of	of	ADP
cjal-3204	341	19	financial	financial	ADJ
cjal-3204	341	20	institutions	institution	NOUN
cjal-3204	341	21	.	.	PUNCT
cjal-3204	342	1	3	3	X
cjal-3204	342	2	.	.	X
cjal-3204	342	3	personal	personal	ADJ
cjal-3204	342	4	liability	liability	NOUN
cjal-3204	342	5	of	of	ADP
cjal-3204	342	6	the	the	DET
cjal-3204	342	7	transferee	transferee	NOUN
cjal-3204	342	8	.	.	PUNCT
cjal-3204	343	1	as	as	SCONJ
cjal-3204	343	2	we	we	PRON
cjal-3204	343	3	have	have	AUX
cjal-3204	343	4	seen	see	VERB
cjal-3204	343	5	,	,	PUNCT
cjal-3204	343	6	the	the	DET
cjal-3204	343	7	common	common	ADJ
cjal-3204	343	8	law	law	NOUN
cjal-3204	343	9	,	,	PUNCT
cjal-3204	343	10	still	still	ADV
cjal-3204	343	11	followed	follow	VERB
cjal-3204	343	12	in	in	ADP
cjal-3204	343	13	the	the	DET
cjal-3204	343	14	united	united	PROPN
cjal-3204	343	15	states	states	PROPN
cjal-3204	343	16	,	,	PUNCT
cjal-3204	343	17	permits	permit	VERB
cjal-3204	343	18	the	the	DET
cjal-3204	343	19	transferor	transferor	NOUN
cjal-3204	343	20	and	and	CCONJ
cjal-3204	343	21	transferee	transferee	NOUN
cjal-3204	343	22	to	to	PART
cjal-3204	343	23	agree	agree	VERB
cjal-3204	343	24	mutually	mutually	ADV
cjal-3204	343	25	as	as	ADP
cjal-3204	343	26	to	to	ADP
cjal-3204	343	27	whether	whether	SCONJ
cjal-3204	343	28	the	the	DET
cjal-3204	343	29	transferee	transferee	NOUN
cjal-3204	343	30	will	will	AUX
cjal-3204	343	31	undertake	undertake	VERB
cjal-3204	343	32	personal	personal	ADJ
cjal-3204	343	33	liability	liability	NOUN
cjal-3204	343	34	on	on	ADP
cjal-3204	343	35	the	the	DET
cjal-3204	343	36	mortgage	mortgage	NOUN
cjal-3204	343	37	debt	debt	NOUN
cjal-3204	343	38	.	.	PUNCT
cjal-3204	344	1	as	as	ADP
cjal-3204	344	2	a	a	DET
cjal-3204	344	3	practical	practical	ADJ
cjal-3204	344	4	matter	matter	NOUN
cjal-3204	344	5	the	the	DET
cjal-3204	344	6	mortgage	mortgage	NOUN
cjal-3204	344	7	lender	lender	NOUN
cjal-3204	344	8	can	can	AUX
cjal-3204	344	9	insist	insist	VERB
cjal-3204	344	10	on	on	ADP
cjal-3204	344	11	an	an	DET
cjal-3204	344	12	assumption	assumption	NOUN
cjal-3204	344	13	of	of	ADP
cjal-3204	344	14	liability	liability	NOUN
cjal-3204	344	15	by	by	ADP
cjal-3204	344	16	the	the	DET
cjal-3204	344	17	transferee	transferee	NOUN
cjal-3204	344	18	,	,	PUNCT
cjal-3204	344	19	since	since	SCONJ
cjal-3204	344	20	the	the	DET
cjal-3204	344	21	lender	lender	NOUN
cjal-3204	344	22	's	's	PART
cjal-3204	344	23	has	have	VERB
cjal-3204	344	24	the	the	DET
cjal-3204	344	25	ability	ability	NOUN
cjal-3204	344	26	to	to	PART
cjal-3204	344	27	call	call	VERB
cjal-3204	344	28	the	the	DET
cjal-3204	344	29	loan	loan	NOUN
cjal-3204	344	30	due	due	ADP
cjal-3204	344	31	under	under	ADP
cjal-3204	344	32	the	the	DET
cjal-3204	344	33	due	due	ADJ
cjal-3204	344	34	-	-	PUNCT
cjal-3204	344	35	on	on	ADP
cjal-3204	344	36	-	-	PUNCT
cjal-3204	344	37	sale	sale	NOUN
cjal-3204	344	38	clause	clause	NOUN
cjal-3204	344	39	,	,	PUNCT
cjal-3204	344	40	thus	thus	ADV
cjal-3204	344	41	preventing	prevent	VERB
cjal-3204	344	42	the	the	DET
cjal-3204	344	43	proposed	propose	VERB
cjal-3204	344	44	transaction	transaction	NOUN
cjal-3204	344	45	from	from	ADP
cjal-3204	344	46	occurring	occur	VERB
cjal-3204	344	47	,	,	PUNCT
cjal-3204	344	48	if	if	SCONJ
cjal-3204	344	49	the	the	DET
cjal-3204	344	50	transferee	transferee	NOUN
cjal-3204	344	51	refuses	refuse	VERB
cjal-3204	344	52	to	to	PART
cjal-3204	344	53	satisfy	satisfy	VERB
cjal-3204	344	54	the	the	DET
cjal-3204	344	55	lender	lender	NOUN
cjal-3204	344	56	's	's	PART
cjal-3204	344	57	requirements	requirement	NOUN
cjal-3204	344	58	.	.	PUNCT
cjal-3204	345	1	it	it	PRON
cjal-3204	345	2	is	be	AUX
cjal-3204	345	3	likely	likely	ADJ
cjal-3204	345	4	that	that	SCONJ
cjal-3204	345	5	most	most	ADJ
cjal-3204	345	6	sellers	seller	NOUN
cjal-3204	345	7	of	of	ADP
cjal-3204	345	8	real	real	ADJ
cjal-3204	345	9	estate	estate	NOUN
cjal-3204	345	10	and	and	CCONJ
cjal-3204	345	11	most	most	ADJ
cjal-3204	345	12	lenders	lender	NOUN
cjal-3204	345	13	do	do	AUX
cjal-3204	345	14	indeed	indeed	ADV
cjal-3204	345	15	require	require	VERB
cjal-3204	345	16	an	an	DET
cjal-3204	345	17	assumption	assumption	NOUN
cjal-3204	345	18	of	of	ADP
cjal-3204	345	19	liability	liability	NOUN
cjal-3204	345	20	by	by	ADP
cjal-3204	345	21	buyers	buyer	NOUN
cjal-3204	345	22	.	.	PUNCT
cjal-3204	346	1	this	this	DET
cjal-3204	346	2	result	result	NOUN
cjal-3204	346	3	is	be	AUX
cjal-3204	346	4	entirely	entirely	ADV
cjal-3204	346	5	sensible	sensible	ADJ
cjal-3204	346	6	from	from	ADP
cjal-3204	346	7	a	a	DET
cjal-3204	346	8	policy	policy	NOUN
cjal-3204	346	9	viewpoint	viewpoint	NOUN
cjal-3204	346	10	.	.	PUNCT
cjal-3204	347	1	there	there	PRON
cjal-3204	347	2	is	be	VERB
cjal-3204	347	3	no	no	DET
cjal-3204	347	4	doubt	doubt	NOUN
cjal-3204	347	5	that	that	SCONJ
cjal-3204	347	6	both	both	DET
cjal-3204	347	7	lenders	lender	NOUN
cjal-3204	347	8	and	and	CCONJ
cjal-3204	347	9	sellers	seller	NOUN
cjal-3204	347	10	are	be	AUX
cjal-3204	347	11	at	at	ADV
cjal-3204	347	12	least	least	ADJ
cjal-3204	347	13	marginally	marginally	ADV
cjal-3204	347	14	better	well	ADV
cjal-3204	347	15	off	off	ADP
cjal-3204	347	16	if	if	SCONJ
cjal-3204	347	17	buyers	buyer	NOUN
cjal-3204	347	18	assume	assume	VERB
cjal-3204	347	19	liability	liability	NOUN
cjal-3204	347	20	lenders	lender	NOUN
cjal-3204	347	21	because	because	SCONJ
cjal-3204	347	22	they	they	PRON
cjal-3204	347	23	have	have	VERB
cjal-3204	347	24	the	the	DET
cjal-3204	347	25	right	right	NOUN
cjal-3204	347	26	to	to	PART
cjal-3204	347	27	satisfy	satisfy	VERB
cjal-3204	347	28	their	their	PRON
cjal-3204	347	29	loans	loan	NOUN
cjal-3204	347	30	by	by	ADP
cjal-3204	347	31	means	mean	NOUN
cjal-3204	347	32	of	of	ADP
cjal-3204	347	33	personal	personal	ADJ
cjal-3204	347	34	judgments	judgment	NOUN
cjal-3204	347	35	against	against	ADP
cjal-3204	347	36	buyers,39	buyers,39	NOUN
cjal-3204	347	37	and	and	CCONJ
cjal-3204	347	38	sellers	seller	NOUN
cjal-3204	347	39	because	because	SCONJ
cjal-3204	347	40	they	they	PRON
cjal-3204	347	41	have	have	VERB
cjal-3204	347	42	personal	personal	ADJ
cjal-3204	347	43	recourse	recourse	NOUN
cjal-3204	347	44	against	against	ADP
cjal-3204	347	45	their	their	PRON
cjal-3204	347	46	buyers	buyer	NOUN
cjal-3204	347	47	if	if	SCONJ
cjal-3204	347	48	they	they	PRON
cjal-3204	347	49	are	be	AUX
cjal-3204	347	50	forced	force	VERB
cjal-3204	347	51	to	to	PART
cjal-3204	347	52	pay	pay	VERB
cjal-3204	347	53	the	the	DET
cjal-3204	347	54	mortgage	mortgage	NOUN
cjal-3204	347	55	debt	debt	NOUN
cjal-3204	347	56	directly	directly	ADV
cjal-3204	347	57	.	.	PUNCT
cjal-3204	348	1	40	40	NUM
cjal-3204	348	2	in	in	ADP
cjal-3204	348	3	many	many	ADJ
cjal-3204	348	4	cases	case	NOUN
cjal-3204	348	5	,	,	PUNCT
cjal-3204	348	6	of	of	ADP
cjal-3204	348	7	course	course	NOUN
cjal-3204	348	8	,	,	PUNCT
cjal-3204	348	9	it	it	PRON
cjal-3204	348	10	may	may	AUX
cjal-3204	348	11	be	be	AUX
cjal-3204	348	12	practically	practically	ADV
cjal-3204	348	13	impossible	impossible	ADJ
cjal-3204	348	14	for	for	SCONJ
cjal-3204	348	15	either	either	CCONJ
cjal-3204	348	16	the	the	DET
cjal-3204	348	17	lender	lender	NOUN
cjal-3204	348	18	or	or	CCONJ
cjal-3204	348	19	seller	seller	NOUN
cjal-3204	348	20	to	to	PART
cjal-3204	348	21	collect	collect	VERB
cjal-3204	348	22	from	from	ADP
cjal-3204	348	23	the	the	DET
cjal-3204	348	24	buyer	buyer	NOUN
cjal-3204	348	25	,	,	PUNCT
cjal-3204	348	26	but	but	CCONJ
cjal-3204	348	27	the	the	DET
cjal-3204	348	28	existence	existence	NOUN
cjal-3204	348	29	of	of	ADP
cjal-3204	348	30	the	the	DET
cjal-3204	348	31	buyer	buyer	NOUN
cjal-3204	348	32	's	's	PART
cjal-3204	348	33	personal	personal	ADJ
cjal-3204	348	34	liability	liability	NOUN
cjal-3204	348	35	doubtless	doubtless	NOUN
cjal-3204	348	36	leads	lead	VERB
cjal-3204	348	37	to	to	ADP
cjal-3204	348	38	actual	actual	ADJ
cjal-3204	348	39	recovery	recovery	NOUN
cjal-3204	348	40	in	in	ADP
cjal-3204	348	41	at	at	ADV
cjal-3204	348	42	least	least	ADJ
cjal-3204	348	43	a	a	DET
cjal-3204	348	44	few	few	ADJ
cjal-3204	348	45	cases	case	NOUN
cjal-3204	348	46	,	,	PUNCT
cjal-3204	348	47	and	and	CCONJ
cjal-3204	348	48	provides	provide	VERB
cjal-3204	348	49	a	a	DET
cjal-3204	348	50	further	further	ADJ
cjal-3204	348	51	incentive	incentive	NOUN
cjal-3204	348	52	for	for	SCONJ
cjal-3204	348	53	the	the	DET
cjal-3204	348	54	buyer	buyer	NOUN
cjal-3204	348	55	to	to	PART
cjal-3204	348	56	perform	perform	VERB
cjal-3204	348	57	the	the	DET
cjal-3204	348	58	obligation	obligation	NOUN
cjal-3204	348	59	in	in	ADP
cjal-3204	348	60	many	many	ADJ
cjal-3204	348	61	more	more	ADJ
cjal-3204	348	62	.	.	PUNCT
cjal-3204	349	1	the	the	DET
cjal-3204	349	2	present	present	ADJ
cjal-3204	349	3	state	state	NOUN
cjal-3204	349	4	of	of	ADP
cjal-3204	349	5	the	the	DET
cjal-3204	349	6	law	law	NOUN
cjal-3204	349	7	is	be	AUX
cjal-3204	349	8	desirable	desirable	ADJ
cjal-3204	349	9	because	because	SCONJ
cjal-3204	349	10	it	it	PRON
cjal-3204	349	11	permits	permit	VERB
cjal-3204	349	12	flexibility	flexibility	NOUN
cjal-3204	349	13	and	and	CCONJ
cjal-3204	349	14	enforces	enforce	VERB
cjal-3204	349	15	the	the	DET
cjal-3204	349	16	parties	party	NOUN
cjal-3204	349	17	'	'	PART
cjal-3204	349	18	private	private	ADJ
cjal-3204	349	19	agreement	agreement	NOUN
cjal-3204	349	20	,	,	PUNCT
cjal-3204	349	21	permitting	permit	VERB
cjal-3204	349	22	the	the	DET
cjal-3204	349	23	buyer	buyer	NOUN
cjal-3204	349	24	to	to	PART
cjal-3204	349	25	avoid	avoid	VERB
cjal-3204	349	26	personal	personal	ADJ
cjal-3204	349	27	liability	liability	NOUN
cjal-3204	349	28	if	if	SCONJ
cjal-3204	349	29	she	she	PRON
cjal-3204	349	30	or	or	CCONJ
cjal-3204	349	31	he	he	PRON
cjal-3204	349	32	can	can	AUX
cjal-3204	349	33	convince	convince	VERB
cjal-3204	349	34	the	the	DET
cjal-3204	349	35	seller	seller	NOUN
cjal-3204	349	36	and	and	CCONJ
cjal-3204	349	37	lender	lender	NOUN
cjal-3204	349	38	that	that	SCONJ
cjal-3204	349	39	they	they	PRON
cjal-3204	349	40	should	should	AUX
cjal-3204	349	41	not	not	PART
cjal-3204	349	42	insist	insist	VERB
cjal-3204	349	43	on	on	ADP
cjal-3204	349	44	an	an	DET
cjal-3204	349	45	assumption	assumption	NOUN
cjal-3204	349	46	of	of	ADP
cjal-3204	349	47	liability	liability	NOUN
cjal-3204	349	48	.	.	PUNCT
cjal-3204	350	1	4	4	X
cjal-3204	350	2	.	.	X
cjal-3204	350	3	personal	personal	ADJ
cjal-3204	350	4	liability	liability	NOUN
cjal-3204	350	5	of	of	ADP
cjal-3204	350	6	the	the	DET
cjal-3204	350	7	transferor	transferor	NOUN
cjal-3204	350	8	after	after	SCONJ
cjal-3204	350	9	the	the	DET
cjal-3204	350	10	transfer	transfer	NOUN
cjal-3204	350	11	is	be	AUX
cjal-3204	350	12	made	make	VERB
cjal-3204	350	13	.	.	PUNCT
cjal-3204	351	1	the	the	DET
cjal-3204	351	2	common	common	ADJ
cjal-3204	351	3	law	law	NOUN
cjal-3204	351	4	was	be	AUX
cjal-3204	351	5	clear	clear	ADJ
cjal-3204	351	6	that	that	SCONJ
cjal-3204	351	7	the	the	DET
cjal-3204	351	8	seller	seller	NOUN
cjal-3204	351	9	of	of	ADP
cjal-3204	351	10	mortgaged	mortgage	VERB
cjal-3204	351	11	real	real	ADJ
cjal-3204	351	12	estate	estate	NOUN
cjal-3204	351	13	remained	remain	VERB
cjal-3204	351	14	liable	liable	ADJ
cjal-3204	351	15	on	on	ADP
cjal-3204	351	16	the	the	DET
cjal-3204	351	17	debt	debt	NOUN
cjal-3204	351	18	after	after	SCONJ
cjal-3204	351	19	the	the	DET
cjal-3204	351	20	sale	sale	NOUN
cjal-3204	351	21	occurred	occur	VERB
cjal-3204	351	22	,	,	PUNCT
cjal-3204	351	23	unless	unless	SCONJ
cjal-3204	351	24	the	the	DET
cjal-3204	351	25	lender	lender	NOUN
cjal-3204	351	26	voluntarily	voluntarily	ADV
cjal-3204	351	27	discharged	discharge	VERB
cjal-3204	351	28	the	the	DET
cjal-3204	351	29	seller	seller	NOUN
cjal-3204	351	30	's	's	PART
cjal-3204	351	31	liability.41	liability.41	NOUN
cjal-3204	351	32	this	this	PRON
cjal-3204	351	33	seems	seem	VERB
cjal-3204	351	34	a	a	DET
cjal-3204	351	35	generally	generally	ADV
cjal-3204	351	36	sensible	sensible	ADJ
cjal-3204	351	37	rule	rule	NOUN
cjal-3204	351	38	,	,	PUNCT
cjal-3204	351	39	on	on	ADP
cjal-3204	351	40	the	the	DET
cjal-3204	351	41	ground	ground	NOUN
cjal-3204	351	42	that	that	SCONJ
cjal-3204	351	43	the	the	DET
cjal-3204	351	44	lender	lender	NOUN
cjal-3204	351	45	initially	initially	ADV
cjal-3204	351	46	bargained	bargain	VERB
cjal-3204	351	47	for	for	ADP
cjal-3204	351	48	the	the	DET
cjal-3204	351	49	seller	seller	NOUN
cjal-3204	351	50	's	's	PART
cjal-3204	351	51	liability	liability	NOUN
cjal-3204	351	52	,	,	PUNCT
cjal-3204	351	53	and	and	CCONJ
cjal-3204	351	54	should	should	AUX
cjal-3204	351	55	be	be	AUX
cjal-3204	351	56	expected	expect	VERB
cjal-3204	351	57	to	to	PART
cjal-3204	351	58	give	give	VERB
cjal-3204	351	59	it	it	PRON
cjal-3204	351	60	up	up	ADP
cjal-3204	351	61	automatically	automatically	ADV
cjal-3204	351	62	by	by	ADP
cjal-3204	351	63	38	38	NUM
cjal-3204	351	64	.	.	PUNCT
cjal-3204	352	1	the	the	DET
cjal-3204	352	2	federal	federal	ADJ
cjal-3204	352	3	deposit	deposit	NOUN
cjal-3204	352	4	insurance	insurance	NOUN
cjal-3204	352	5	corporation	corporation	NOUN
cjal-3204	352	6	is	be	AUX
cjal-3204	352	7	the	the	DET
cjal-3204	352	8	only	only	ADJ
cjal-3204	352	9	nationwide	nationwide	ADJ
cjal-3204	352	10	deposit	deposit	NOUN
cjal-3204	352	11	insurer	insurer	NOUN
cjal-3204	352	12	in	in	ADP
cjal-3204	352	13	the	the	DET
cjal-3204	352	14	united	united	PROPN
cjal-3204	352	15	states	states	PROPN
cjal-3204	352	16	,	,	PUNCT
cjal-3204	352	17	and	and	CCONJ
cjal-3204	352	18	covers	cover	VERB
cjal-3204	352	19	the	the	DET
cjal-3204	352	20	depositors	depositor	NOUN
cjal-3204	352	21	of	of	ADP
cjal-3204	352	22	banks	bank	NOUN
cjal-3204	352	23	,	,	PUNCT
cjal-3204	352	24	savings	saving	NOUN
cjal-3204	352	25	and	and	CCONJ
cjal-3204	352	26	loan	loan	NOUN
cjal-3204	352	27	associations	association	NOUN
cjal-3204	352	28	,	,	PUNCT
cjal-3204	352	29	and	and	CCONJ
cjal-3204	352	30	mutual	mutual	ADJ
cjal-3204	352	31	savings	saving	NOUN
cjal-3204	352	32	banks	bank	NOUN
cjal-3204	352	33	.	.	PUNCT
cjal-3204	353	1	see	see	VERB
cjal-3204	353	2	u.s	u.s	PROPN
cjal-3204	353	3	.	.	PROPN
cjal-3204	353	4	gen	gen	PROPN
cjal-3204	353	5	.	.	PROPN
cjal-3204	353	6	accounting	accounting	PROPN
cjal-3204	353	7	office	office	PROPN
cjal-3204	353	8	,	,	PUNCT
cjal-3204	353	9	bank	bank	NOUN
cjal-3204	353	10	oversight	oversight	NOUN
cjal-3204	353	11	structure	structure	NOUN
cjal-3204	353	12	:	:	PUNCT
cjal-3204	353	13	u.s	u.s	PROPN
cjal-3204	353	14	.	.	PROPN
cjal-3204	353	15	and	and	CCONJ
cjal-3204	353	16	foreign	foreign	ADJ
cjal-3204	353	17	experience	experience	NOUN
cjal-3204	353	18	may	may	AUX
cjal-3204	353	19	offer	offer	VERB
cjal-3204	353	20	lessons	lesson	NOUN
cjal-3204	353	21	for	for	ADP
cjal-3204	353	22	modernizing	modernize	VERB
cjal-3204	353	23	u.s	u.s	PROPN
cjal-3204	353	24	.	.	PROPN
cjal-3204	353	25	structure	structure	NOUN
cjal-3204	353	26	,	,	PUNCT
cjal-3204	353	27	20	20	NUM
cjal-3204	353	28	-	-	SYM
cjal-3204	353	29	30	30	NUM
cjal-3204	353	30	(	(	PUNCT
cjal-3204	353	31	1996	1996	NUM
cjal-3204	353	32	)	)	PUNCT
cjal-3204	353	33	.	.	PUNCT
cjal-3204	354	1	39	39	NUM
cjal-3204	354	2	.	.	PUNCT
cjal-3204	355	1	this	this	PRON
cjal-3204	355	2	would	would	AUX
cjal-3204	355	3	not	not	PART
cjal-3204	355	4	follow	follow	VERB
cjal-3204	355	5	in	in	ADP
cjal-3204	355	6	california	california	PROPN
cjal-3204	355	7	,	,	PUNCT
cjal-3204	355	8	which	which	PRON
cjal-3204	355	9	bars	bar	VERB
cjal-3204	355	10	both	both	CCONJ
cjal-3204	355	11	a	a	DET
cjal-3204	355	12	direct	direct	ADJ
cjal-3204	355	13	action	action	NOUN
cjal-3204	355	14	on	on	ADP
cjal-3204	355	15	the	the	DET
cjal-3204	355	16	debt	debt	NOUN
cjal-3204	355	17	and	and	CCONJ
cjal-3204	355	18	an	an	DET
cjal-3204	355	19	action	action	NOUN
cjal-3204	355	20	for	for	ADP
cjal-3204	355	21	a	a	DET
cjal-3204	355	22	deficiency	deficiency	NOUN
cjal-3204	355	23	following	follow	VERB
cjal-3204	355	24	foreclosure	foreclosure	NOUN
cjal-3204	355	25	in	in	ADP
cjal-3204	355	26	most	most	ADJ
cjal-3204	355	27	settings	setting	NOUN
cjal-3204	355	28	.	.	PUNCT
cjal-3204	356	1	see	see	VERB
cjal-3204	356	2	nelson	nelson	PROPN
cjal-3204	356	3	&	&	CCONJ
cjal-3204	356	4	whitman	whitman	PROPN
cjal-3204	356	5	,	,	PUNCT
cjal-3204	356	6	supra	supra	PROPN
cjal-3204	356	7	note	note	VERB
cjal-3204	357	1	i	i	PRON
cjal-3204	357	2	,	,	PUNCT
cjal-3204	357	3	at	at	ADP
cjal-3204	357	4	§	§	PROPN
cjal-3204	357	5	8.3	8.3	NUM
cjal-3204	357	6	.	.	PUNCT
cjal-3204	358	1	but	but	CCONJ
cjal-3204	358	2	california	california	PROPN
cjal-3204	358	3	is	be	AUX
cjal-3204	358	4	unique	unique	ADJ
cjal-3204	358	5	among	among	ADP
cjal-3204	358	6	american	american	ADJ
cjal-3204	358	7	states	state	NOUN
cjal-3204	358	8	in	in	ADP
cjal-3204	358	9	this	this	DET
cjal-3204	358	10	respect	respect	NOUN
cjal-3204	358	11	.	.	PUNCT
cjal-3204	359	1	40	40	NUM
cjal-3204	359	2	.	.	PUNCT
cjal-3204	360	1	see	see	VERB
cjal-3204	360	2	restatement	restatement	NOUN
cjal-3204	360	3	(	(	PUNCT
cjal-3204	360	4	third	third	ADJ
cjal-3204	360	5	)	)	PUNCT
cjal-3204	360	6	of	of	ADP
cjal-3204	360	7	property	property	NOUN
cjal-3204	360	8	:	:	PUNCT
cjal-3204	360	9	mortgages	mortgage	NOUN
cjal-3204	360	10	§	§	PROPN
cjal-3204	360	11	5.1	5.1	NUM
cjal-3204	360	12	(	(	PUNCT
cjal-3204	360	13	1997	1997	NUM
cjal-3204	360	14	)	)	PUNCT
cjal-3204	360	15	.	.	PUNCT
cjal-3204	361	1	41	41	NUM
cjal-3204	361	2	.	.	PUNCT
cjal-3204	362	1	as	as	SCONJ
cjal-3204	362	2	noted	note	VERB
cjal-3204	362	3	above	above	ADV
cjal-3204	362	4	,	,	PUNCT
cjal-3204	362	5	a	a	DET
cjal-3204	362	6	discharge	discharge	NOUN
cjal-3204	362	7	may	may	AUX
cjal-3204	362	8	also	also	ADV
cjal-3204	362	9	occur	occur	VERB
cjal-3204	362	10	as	as	ADP
cjal-3204	362	11	a	a	DET
cjal-3204	362	12	matter	matter	NOUN
cjal-3204	362	13	of	of	ADP
cjal-3204	362	14	law	law	NOUN
cjal-3204	362	15	if	if	SCONJ
cjal-3204	362	16	the	the	DET
cjal-3204	362	17	transferee	transferee	NOUN
cjal-3204	362	18	and	and	CCONJ
cjal-3204	362	19	the	the	DET
cjal-3204	362	20	lender	lender	NOUN
cjal-3204	362	21	modify	modify	VERB
cjal-3204	362	22	the	the	DET
cjal-3204	362	23	terms	term	NOUN
cjal-3204	362	24	of	of	ADP
cjal-3204	362	25	the	the	DET
cjal-3204	362	26	loan	loan	NOUN
cjal-3204	362	27	without	without	ADP
cjal-3204	362	28	the	the	DET
cjal-3204	362	29	transferor	transferor	NOUN
cjal-3204	362	30	's	's	PART
cjal-3204	362	31	consent	consent	NOUN
cjal-3204	362	32	.	.	PUNCT
cjal-3204	363	1	cases	case	NOUN
cjal-3204	363	2	of	of	ADP
cjal-3204	363	3	this	this	DET
cjal-3204	363	4	sort	sort	NOUN
cjal-3204	363	5	are	be	AUX
cjal-3204	363	6	rare	rare	ADJ
cjal-3204	363	7	.	.	PUNCT
cjal-3204	364	1	see	see	VERB
cjal-3204	364	2	restatement	restatement	NOUN
cjal-3204	364	3	(	(	PUNCT
cjal-3204	364	4	third	third	ADJ
cjal-3204	364	5	)	)	PUNCT
cjal-3204	364	6	of	of	ADP
cjal-3204	364	7	property	property	NOUN
cjal-3204	364	8	:	:	PUNCT
cjal-3204	364	9	mortgages	mortgage	NOUN
cjal-3204	364	10	§	§	PROPN
cjal-3204	364	11	5.3	5.3	NUM
cjal-3204	364	12	(	(	PUNCT
cjal-3204	364	13	1997	1997	NUM
cjal-3204	364	14	)	)	PUNCT
cjal-3204	364	15	.	.	PUNCT
cjal-3204	365	1	[	[	X
cjal-3204	365	2	15:1	15:1	NUM
cjal-3204	365	3	chinese	chinese	ADJ
cjal-3204	365	4	mortgage	mortgage	NOUN
cjal-3204	365	5	l4	l4	PROPN
cjal-3204	365	6	w	w	PROPN
cjal-3204	365	7	virtue	virtue	NOUN
cjal-3204	365	8	of	of	ADP
cjal-3204	365	9	approving	approve	VERB
cjal-3204	365	10	a	a	DET
cjal-3204	365	11	sale	sale	NOUN
cjal-3204	365	12	of	of	ADP
cjal-3204	365	13	the	the	DET
cjal-3204	365	14	property	property	NOUN
cjal-3204	365	15	to	to	ADP
cjal-3204	365	16	a	a	DET
cjal-3204	365	17	new	new	ADJ
cjal-3204	365	18	owner	owner	NOUN
cjal-3204	365	19	.	.	PUNCT
cjal-3204	366	1	on	on	ADP
cjal-3204	366	2	the	the	DET
cjal-3204	366	3	other	other	ADJ
cjal-3204	366	4	hand	hand	NOUN
cjal-3204	366	5	,	,	PUNCT
cjal-3204	366	6	the	the	DET
cjal-3204	366	7	regulation	regulation	NOUN
cjal-3204	366	8	of	of	ADP
cjal-3204	366	9	the	the	DET
cjal-3204	366	10	office	office	NOUN
cjal-3204	366	11	of	of	ADP
cjal-3204	366	12	thrift	thrift	NOUN
cjal-3204	366	13	supervision	supervision	NOUN
cjal-3204	366	14	discussed	discuss	VERB
cjal-3204	366	15	above42	above42	NOUN
cjal-3204	366	16	may	may	AUX
cjal-3204	366	17	(	(	PUNCT
cjal-3204	366	18	though	though	SCONJ
cjal-3204	366	19	it	it	PRON
cjal-3204	366	20	is	be	AUX
cjal-3204	366	21	unclear	unclear	ADJ
cjal-3204	366	22	)	)	PUNCT
cjal-3204	366	23	require	require	VERB
cjal-3204	366	24	lenders	lender	NOUN
cjal-3204	366	25	to	to	PART
cjal-3204	366	26	release	release	VERB
cjal-3204	366	27	borrowers	borrower	NOUN
cjal-3204	366	28	from	from	ADP
cjal-3204	366	29	liability	liability	NOUN
cjal-3204	366	30	when	when	SCONJ
cjal-3204	366	31	they	they	PRON
cjal-3204	366	32	approve	approve	VERB
cjal-3204	366	33	transfers	transfer	NOUN
cjal-3204	366	34	under	under	ADP
cjal-3204	366	35	authority	authority	NOUN
cjal-3204	366	36	of	of	ADP
cjal-3204	366	37	their	their	PRON
cjal-3204	366	38	due	due	ADJ
cjal-3204	366	39	-	-	PUNCT
cjal-3204	366	40	on	on	ADP
cjal-3204	366	41	-	-	PUNCT
cjal-3204	366	42	sale	sale	NOUN
cjal-3204	366	43	clauses	clause	NOUN
cjal-3204	366	44	in	in	ADP
cjal-3204	366	45	one	one	NUM
cjal-3204	366	46	-	-	PUNCT
cjal-3204	366	47	to	to	ADP
cjal-3204	366	48	-	-	PUNCT
cjal-3204	366	49	four	four	NUM
cjal-3204	366	50	-	-	PUNCT
cjal-3204	366	51	family	family	NOUN
cjal-3204	366	52	residential	residential	ADJ
cjal-3204	366	53	loans	loan	NOUN
cjal-3204	366	54	.	.	PUNCT
cjal-3204	367	1	a	a	DET
cjal-3204	367	2	good	good	ADJ
cjal-3204	367	3	policy	policy	NOUN
cjal-3204	367	4	argument	argument	NOUN
cjal-3204	367	5	can	can	AUX
cjal-3204	367	6	be	be	AUX
cjal-3204	367	7	made	make	VERB
cjal-3204	367	8	for	for	ADP
cjal-3204	367	9	this	this	DET
cjal-3204	367	10	approach	approach	NOUN
cjal-3204	367	11	as	as	ADV
cjal-3204	367	12	well	well	ADV
cjal-3204	367	13	:	:	PUNCT
cjal-3204	367	14	consumer	consumer	NOUN
cjal-3204	367	15	borrowers	borrower	NOUN
cjal-3204	367	16	are	be	AUX
cjal-3204	367	17	illequipped	illequippe	VERB
cjal-3204	367	18	to	to	PART
cjal-3204	367	19	assess	assess	VERB
cjal-3204	367	20	the	the	DET
cjal-3204	367	21	credit	credit	NOUN
cjal-3204	367	22	-	-	PUNCT
cjal-3204	367	23	worthiness	worthiness	NOUN
cjal-3204	367	24	and	and	CCONJ
cjal-3204	367	25	risk	risk	NOUN
cjal-3204	367	26	that	that	SCONJ
cjal-3204	367	27	their	their	PRON
cjal-3204	367	28	transferees	transferee	NOUN
cjal-3204	367	29	present	present	VERB
cjal-3204	367	30	,	,	PUNCT
cjal-3204	367	31	and	and	CCONJ
cjal-3204	367	32	hence	hence	ADV
cjal-3204	367	33	should	should	AUX
cjal-3204	367	34	not	not	PART
cjal-3204	367	35	be	be	AUX
cjal-3204	367	36	expected	expect	VERB
cjal-3204	367	37	to	to	PART
cjal-3204	367	38	guarantee	guarantee	VERB
cjal-3204	367	39	their	their	PRON
cjal-3204	367	40	transferees	transferee	NOUN
cjal-3204	367	41	'	'	PART
cjal-3204	367	42	performance	performance	NOUN
cjal-3204	367	43	of	of	ADP
cjal-3204	367	44	the	the	DET
cjal-3204	367	45	loan	loan	NOUN
cjal-3204	367	46	obligation	obligation	NOUN
cjal-3204	367	47	once	once	ADV
cjal-3204	367	48	a	a	DET
cjal-3204	367	49	transfer	transfer	NOUN
cjal-3204	367	50	is	be	AUX
cjal-3204	367	51	consummated	consummate	VERB
cjal-3204	367	52	!	!	PUNCT
cjal-3204	367	53	'	'	PUNCT
cjal-3204	368	1	commercial	commercial	ADJ
cjal-3204	368	2	borrowers	borrower	NOUN
cjal-3204	368	3	are	be	AUX
cjal-3204	368	4	arguably	arguably	ADV
cjal-3204	368	5	more	more	ADV
cjal-3204	368	6	sophisticated	sophisticated	ADJ
cjal-3204	368	7	,	,	PUNCT
cjal-3204	368	8	and	and	CCONJ
cjal-3204	368	9	can	can	AUX
cjal-3204	368	10	negotiate	negotiate	VERB
cjal-3204	368	11	more	more	ADV
cjal-3204	368	12	intelligently	intelligently	ADV
cjal-3204	368	13	with	with	ADP
cjal-3204	368	14	their	their	PRON
cjal-3204	368	15	lenders	lender	NOUN
cjal-3204	368	16	about	about	ADP
cjal-3204	368	17	whether	whether	SCONJ
cjal-3204	368	18	they	they	PRON
cjal-3204	368	19	'	'	AUX
cjal-3204	368	20	will	will	AUX
cjal-3204	368	21	retain	retain	VERB
cjal-3204	368	22	liability	liability	NOUN
cjal-3204	368	23	when	when	SCONJ
cjal-3204	368	24	the	the	DET
cjal-3204	368	25	real	real	ADJ
cjal-3204	368	26	estate	estate	NOUN
cjal-3204	368	27	is	be	AUX
cjal-3204	368	28	sold	sell	VERB
cjal-3204	368	29	.	.	PUNCT
cjal-3204	369	1	at	at	ADP
cjal-3204	369	2	present	present	ADJ
cjal-3204	369	3	,	,	PUNCT
cjal-3204	369	4	however	however	ADV
cjal-3204	369	5	,	,	PUNCT
cjal-3204	369	6	the	the	DET
cjal-3204	369	7	major	major	ADJ
cjal-3204	369	8	problem	problem	NOUN
cjal-3204	369	9	with	with	ADP
cjal-3204	369	10	american	american	ADJ
cjal-3204	369	11	law	law	NOUN
cjal-3204	369	12	is	be	AUX
cjal-3204	369	13	the	the	DET
cjal-3204	369	14	uncertainty	uncertainty	NOUN
cjal-3204	369	15	of	of	ADP
cjal-3204	369	16	the	the	DET
cjal-3204	369	17	meaning	meaning	NOUN
cjal-3204	369	18	of	of	ADP
cjal-3204	369	19	the	the	DET
cjal-3204	369	20	regulation	regulation	NOUN
cjal-3204	369	21	just	just	ADV
cjal-3204	369	22	mentioned	mention	VERB
cjal-3204	369	23	.	.	PUNCT
cjal-3204	370	1	the	the	DET
cjal-3204	370	2	regulation	regulation	NOUN
cjal-3204	370	3	can	can	AUX
cjal-3204	370	4	be	be	AUX
cjal-3204	370	5	read	read	VERB
cjal-3204	370	6	as	as	ADP
cjal-3204	370	7	being	be	AUX
cjal-3204	370	8	either	either	CCONJ
cjal-3204	370	9	mandatory	mandatory	ADJ
cjal-3204	370	10	or	or	CCONJ
cjal-3204	370	11	permissive	permissive	ADJ
cjal-3204	370	12	to	to	ADP
cjal-3204	370	13	lenders,44	lenders,44	ADJ
cjal-3204	370	14	although	although	SCONJ
cjal-3204	370	15	it	it	PRON
cjal-3204	370	16	is	be	AUX
cjal-3204	370	17	difficult	difficult	ADJ
cjal-3204	370	18	to	to	PART
cjal-3204	370	19	see	see	VERB
cjal-3204	370	20	why	why	SCONJ
cjal-3204	370	21	it	it	PRON
cjal-3204	370	22	serves	serve	VERB
cjal-3204	370	23	any	any	DET
cjal-3204	370	24	useful	useful	ADJ
cjal-3204	370	25	purpose	purpose	NOUN
cjal-3204	370	26	if	if	SCONJ
cjal-3204	370	27	it	it	PRON
cjal-3204	370	28	is	be	AUX
cjal-3204	370	29	merely	merely	ADV
cjal-3204	370	30	permissive	permissive	ADJ
cjal-3204	370	31	.	.	PUNCT
cjal-3204	371	1	to	to	PART
cjal-3204	371	2	allow	allow	VERB
cjal-3204	371	3	such	such	DET
cjal-3204	371	4	an	an	DET
cjal-3204	371	5	important	important	ADJ
cjal-3204	371	6	point	point	NOUN
cjal-3204	371	7	to	to	PART
cjal-3204	371	8	remain	remain	VERB
cjal-3204	371	9	in	in	ADP
cjal-3204	371	10	ambiguity	ambiguity	NOUN
cjal-3204	371	11	for	for	ADP
cjal-3204	371	12	so	so	ADV
cjal-3204	371	13	long	long	ADJ
cjal-3204	371	14	is	be	AUX
cjal-3204	371	15	unconscionable	unconscionable	ADJ
cjal-3204	371	16	,	,	PUNCT
cjal-3204	371	17	but	but	CCONJ
cjal-3204	371	18	there	there	PRON
cjal-3204	371	19	is	be	VERB
cjal-3204	371	20	no	no	DET
cjal-3204	371	21	discernable	discernable	ADJ
cjal-3204	371	22	move	move	NOUN
cjal-3204	371	23	to	to	PART
cjal-3204	371	24	clarify	clarify	VERB
cjal-3204	371	25	the	the	DET
cjal-3204	371	26	point	point	NOUN
cjal-3204	371	27	.	.	PUNCT
cjal-3204	372	1	american	american	ADJ
cjal-3204	372	2	law	law	NOUN
cjal-3204	372	3	is	be	AUX
cjal-3204	372	4	seriously	seriously	ADV
cjal-3204	372	5	deficient	deficient	ADJ
cjal-3204	372	6	in	in	ADP
cjal-3204	372	7	this	this	DET
cjal-3204	372	8	respect	respect	NOUN
cjal-3204	372	9	.	.	PUNCT
cjal-3204	373	1	chinese	chinese	PROPN
cjal-3204	373	2	lmv	lmv	VERB
cjal-3204	373	3	comparison	comparison	NOUN
cjal-3204	373	4	.	.	PUNCT
cjal-3204	374	1	in	in	ADP
cjal-3204	374	2	this	this	DET
cjal-3204	374	3	section	section	NOUN
cjal-3204	374	4	i	i	PRON
cjal-3204	374	5	will	will	AUX
cjal-3204	374	6	summarize	summarize	VERB
cjal-3204	374	7	and	and	CCONJ
cjal-3204	374	8	comment	comment	VERB
cjal-3204	374	9	upon	upon	SCONJ
cjal-3204	374	10	the	the	DET
cjal-3204	374	11	chinese	chinese	ADJ
cjal-3204	374	12	law	law	NOUN
cjal-3204	374	13	equivalents	equivalent	NOUN
cjal-3204	374	14	of	of	ADP
cjal-3204	374	15	the	the	DET
cjal-3204	374	16	legal	legal	ADJ
cjal-3204	374	17	principles	principle	NOUN
cjal-3204	374	18	described	describe	VERB
cjal-3204	374	19	above	above	ADV
cjal-3204	374	20	as	as	ADP
cjal-3204	374	21	applicable	applicable	ADJ
cjal-3204	374	22	in	in	ADP
cjal-3204	374	23	the	the	DET
cjal-3204	374	24	united	united	PROPN
cjal-3204	374	25	states	states	PROPN
cjal-3204	374	26	.	.	PUNCT
cjal-3204	375	1	1	1	X
cjal-3204	375	2	.	.	X
cjal-3204	375	3	lender	lender	NOUN
cjal-3204	375	4	control	control	NOUN
cjal-3204	375	5	if	if	SCONJ
cjal-3204	375	6	loan	loan	NOUN
cjal-3204	375	7	is	be	AUX
cjal-3204	375	8	paid	pay	VERB
cjal-3204	375	9	qff	qff	ADV
cjal-3204	375	10	whether	whether	SCONJ
cjal-3204	375	11	the	the	DET
cjal-3204	375	12	lender	lender	NOUN
cjal-3204	375	13	has	have	VERB
cjal-3204	375	14	any	any	DET
cjal-3204	375	15	control	control	NOUN
cjal-3204	375	16	of	of	ADP
cjal-3204	375	17	a	a	DET
cjal-3204	375	18	sale	sale	NOUN
cjal-3204	375	19	or	or	CCONJ
cjal-3204	375	20	other	other	ADJ
cjal-3204	375	21	transfer	transfer	NOUN
cjal-3204	375	22	that	that	PRON
cjal-3204	375	23	contemplates	contemplate	VERB
cjal-3204	375	24	a	a	DET
cjal-3204	375	25	retirement	retirement	NOUN
cjal-3204	375	26	of	of	ADP
cjal-3204	375	27	the	the	DET
cjal-3204	375	28	loan	loan	NOUN
cjal-3204	375	29	is	be	AUX
cjal-3204	375	30	uncertain	uncertain	ADJ
cjal-3204	375	31	under	under	ADP
cjal-3204	375	32	chinese	chinese	ADJ
cjal-3204	375	33	law	law	NOUN
cjal-3204	375	34	.	.	PUNCT
cjal-3204	376	1	two	two	NUM
cjal-3204	376	2	statutes	statute	NOUN
cjal-3204	376	3	appear	appear	VERB
cjal-3204	376	4	to	to	PART
cjal-3204	376	5	govern	govern	VERB
cjal-3204	376	6	this	this	DET
cjal-3204	376	7	issue	issue	NOUN
cjal-3204	376	8	.	.	PUNCT
cjal-3204	377	1	the	the	DET
cjal-3204	377	2	first	first	ADJ
cjal-3204	377	3	,	,	PUNCT
cjal-3204	377	4	"	"	PUNCT
cjal-3204	377	5	security	security	NOUN
cjal-3204	377	6	law	law	NOUN
cjal-3204	377	7	of	of	ADP
cjal-3204	377	8	the	the	DET
cjal-3204	377	9	people	people	NOUN
cjal-3204	377	10	's	's	PART
cjal-3204	377	11	republic	republic	NOUN
cjal-3204	377	12	of	of	ADP
cjal-3204	377	13	china	china	PROPN
cjal-3204	377	14	,	,	PUNCT
cjal-3204	377	15	'	'	PUNCT
cjal-3204	377	16	as	as	SCONJ
cjal-3204	377	17	referred	refer	VERB
cjal-3204	377	18	to	to	ADP
cjal-3204	377	19	here	here	ADV
cjal-3204	377	20	as	as	ADP
cjal-3204	377	21	"	"	PUNCT
cjal-3204	377	22	security	security	NOUN
cjal-3204	377	23	law	law	NOUN
cjal-3204	377	24	"	"	PUNCT
cjal-3204	377	25	and	and	CCONJ
cjal-3204	377	26	adopted	adopt	VERB
cjal-3204	377	27	in	in	ADP
cjal-3204	377	28	1995	1995	NUM
cjal-3204	377	29	,	,	PUNCT
cjal-3204	377	30	is	be	AUX
cjal-3204	377	31	general	general	ADJ
cjal-3204	377	32	in	in	ADP
cjal-3204	377	33	nature	nature	NOUN
cjal-3204	377	34	.	.	PUNCT
cjal-3204	378	1	more	more	ADJ
cjal-3204	378	2	detail	detail	NOUN
cjal-3204	378	3	is	be	AUX
cjal-3204	378	4	provided	provide	VERB
cjal-3204	378	5	by	by	ADP
cjal-3204	378	6	"	"	PUNCT
cjal-3204	378	7	measures	measure	NOUN
cjal-3204	378	8	governing	govern	VERB
cjal-3204	378	9	mortgages	mortgage	NOUN
cjal-3204	378	10	of	of	ADP
cjal-3204	378	11	urban	urban	ADJ
cjal-3204	378	12	real	real	ADJ
cjal-3204	378	13	estate,"46	estate,"46	NOUN
cjal-3204	378	14	issued	issue	VERB
cjal-3204	378	15	in	in	ADP
cjal-3204	378	16	may	may	PROPN
cjal-3204	378	17	1997	1997	NUM
cjal-3204	378	18	and	and	CCONJ
cjal-3204	378	19	referred	refer	VERB
cjal-3204	378	20	to	to	ADP
cjal-3204	378	21	here	here	ADV
cjal-3204	378	22	as	as	ADP
cjal-3204	378	23	"	"	PUNCT
cjal-3204	378	24	urban	urban	ADJ
cjal-3204	378	25	mortgage	mortgage	NOUN
cjal-3204	378	26	measures	measure	NOUN
cjal-3204	378	27	.	.	PUNCT
cjal-3204	378	28	"	"	PUNCT
cjal-3204	379	1	most	most	ADV
cjal-3204	379	2	recently	recently	ADV
cjal-3204	379	3	,	,	PUNCT
cjal-3204	379	4	the	the	DET
cjal-3204	379	5	supreme	supreme	PROPN
cjal-3204	379	6	people	people	PROPN
cjal-3204	379	7	's	's	PART
cjal-3204	379	8	court	court	NOUN
cjal-3204	379	9	issued	issue	VERB
cjal-3204	379	10	a	a	DET
cjal-3204	379	11	set	set	NOUN
cjal-3204	379	12	of	of	ADP
cjal-3204	379	13	interpretations	interpretation	NOUN
cjal-3204	379	14	of	of	ADP
cjal-3204	379	15	the	the	DET
cjal-3204	379	16	security	security	NOUN
cjal-3204	379	17	law	law	NOUN
cjal-3204	379	18	,	,	PUNCT
cjal-3204	379	19	entitled	entitle	VERB
cjal-3204	379	20	"	"	PUNCT
cjal-3204	379	21	several	several	ADJ
cjal-3204	379	22	issues	issue	NOUN
cjal-3204	379	23	concerning	concern	VERB
cjal-3204	379	24	the	the	DET
cjal-3204	379	25	application	application	NOUN
cjal-3204	379	26	of	of	ADP
cjal-3204	379	27	the	the	DET
cjal-3204	379	28	prc	prc	PROPN
cjal-3204	379	29	,	,	PUNCT
cjal-3204	379	30	security	security	NOUN
cjal-3204	379	31	law	law	NOUN
cjal-3204	379	32	interpretations	interpretation	NOUN
cjal-3204	379	33	,	,	PUNCT
cjal-3204	379	34	"	"	PUNCT
cjal-3204	379	35	42	42	NUM
cjal-3204	379	36	.	.	PUNCT
cjal-3204	380	1	seesupra	seesupra	PROPN
cjal-3204	380	2	note	note	VERB
cjal-3204	380	3	33	33	NUM
cjal-3204	380	4	.	.	NOUN
cjal-3204	381	1	43	43	NUM
cjal-3204	381	2	.	.	PUNCT
cjal-3204	382	1	the	the	DET
cjal-3204	382	2	potential	potential	ADJ
cjal-3204	382	3	hardship	hardship	NOUN
cjal-3204	382	4	to	to	ADP
cjal-3204	382	5	consumer	consumer	NOUN
cjal-3204	382	6	borrowers	borrower	NOUN
cjal-3204	382	7	who	who	PRON
cjal-3204	382	8	have	have	AUX
cjal-3204	382	9	sold	sell	VERB
cjal-3204	382	10	their	their	PRON
cjal-3204	382	11	homes	home	NOUN
cjal-3204	382	12	but	but	CCONJ
cjal-3204	382	13	remain	remain	VERB
cjal-3204	382	14	liable	liable	ADJ
cjal-3204	382	15	for	for	ADP
cjal-3204	382	16	their	their	PRON
cjal-3204	382	17	buyers	buyer	NOUN
cjal-3204	382	18	'	'	PART
cjal-3204	382	19	defaults	default	NOUN
cjal-3204	382	20	is	be	AUX
cjal-3204	382	21	illustrated	illustrate	VERB
cjal-3204	382	22	by	by	ADP
cjal-3204	382	23	vail	vail	PROPN
cjal-3204	382	24	v.	v.	ADP
cjal-3204	382	25	brown	brown	PROPN
cjal-3204	382	26	,	,	PUNCT
cjal-3204	382	27	841	841	NUM
cjal-3204	382	28	f.	f.	PROPN
cjal-3204	382	29	supp	supp	PROPN
cjal-3204	382	30	.	.	PUNCT
cjal-3204	383	1	909	909	NUM
cjal-3204	383	2	(	(	PUNCT
cjal-3204	383	3	d.minn	d.minn	NOUN
cjal-3204	383	4	.	.	PUNCT
cjal-3204	383	5	1994	1994	NUM
cjal-3204	383	6	)	)	PUNCT
cjal-3204	383	7	,	,	PUNCT
cjal-3204	383	8	holding	hold	VERB
cjal-3204	383	9	that	that	SCONJ
cjal-3204	383	10	such	such	ADJ
cjal-3204	383	11	borrowers	borrower	NOUN
cjal-3204	383	12	,	,	PUNCT
cjal-3204	383	13	on	on	ADP
cjal-3204	383	14	loans	loan	NOUN
cjal-3204	383	15	guaranteed	guarantee	VERB
cjal-3204	383	16	by	by	ADP
cjal-3204	383	17	the	the	DET
cjal-3204	383	18	department	department	PROPN
cjal-3204	383	19	of	of	ADP
cjal-3204	383	20	veterans	veterans	PROPN
cjal-3204	383	21	'	'	PART
cjal-3204	383	22	affairs	affair	NOUN
cjal-3204	383	23	,	,	PUNCT
cjal-3204	383	24	are	be	AUX
cjal-3204	383	25	entitled	entitle	VERB
cjal-3204	383	26	to	to	ADP
cjal-3204	383	27	written	write	VERB
cjal-3204	383	28	notice	notice	NOUN
cjal-3204	383	29	of	of	ADP
cjal-3204	383	30	foreclosure	foreclosure	NOUN
cjal-3204	383	31	.	.	PUNCT
cjal-3204	384	1	44	44	NUM
cjal-3204	384	2	.	.	PUNCT
cjal-3204	385	1	see	see	VERB
cjal-3204	385	2	cases	case	NOUN
cjal-3204	385	3	cited	cite	VERB
cjal-3204	385	4	supra	supra	PROPN
cjal-3204	385	5	note	note	NOUN
cjal-3204	385	6	33	33	NUM
cjal-3204	385	7	.	.	NOUN
cjal-3204	386	1	45	45	NUM
cjal-3204	386	2	.	.	PUNCT
cjal-3204	387	1	the	the	DET
cjal-3204	387	2	statute	statute	NOUN
cjal-3204	387	3	's	's	PART
cjal-3204	387	4	background	background	NOUN
cjal-3204	387	5	is	be	AUX
cjal-3204	387	6	discussed	discuss	VERB
cjal-3204	387	7	in	in	ADP
cjal-3204	387	8	randolph	randolph	PROPN
cjal-3204	387	9	&	&	CCONJ
cjal-3204	387	10	lou	lou	PROPN
cjal-3204	387	11	,	,	PUNCT
cjal-3204	387	12	supra	supra	PROPN
cjal-3204	387	13	note	note	NOUN
cjal-3204	387	14	2	2	NUM
cjal-3204	387	15	,	,	PUNCT
cjal-3204	387	16	§	§	PROPN
cjal-3204	387	17	8.1	8.1	NUM
cjal-3204	387	18	,	,	PUNCT
cjal-3204	387	19	at	at	ADP
cjal-3204	387	20	227	227	NUM
cjal-3204	387	21	n.	n.	NOUN
cjal-3204	387	22	46	46	NUM
cjal-3204	387	23	.	.	PUNCT
cjal-3204	388	1	i	i	PRON
cjal-3204	388	2	d	d	PROPN
cjal-3204	388	3	2001	2001	NUM
cjal-3204	388	4	]	]	PUNCT
cjal-3204	388	5	columbia	columbia	PROPN
cjal-3204	388	6	journal	journal	PROPN
cjal-3204	388	7	of	of	ADP
cjal-3204	388	8	asian	asian	ADJ
cjal-3204	388	9	law	law	NOUN
cjal-3204	388	10	effective	effective	ADJ
cjal-3204	388	11	december	december	PROPN
cjal-3204	388	12	13	13	NUM
cjal-3204	388	13	,	,	PUNCT
cjal-3204	388	14	2000	2000	NUM
cjal-3204	388	15	,	,	PUNCT
cjal-3204	389	1	and	and	CCONJ
cjal-3204	390	1	referred	refer	VERB
cjal-3204	390	2	to	to	ADP
cjal-3204	390	3	here	here	ADV
cjal-3204	390	4	as	as	ADP
cjal-3204	390	5	"	"	PUNCT
cjal-3204	390	6	2000	2000	NUM
cjal-3204	390	7	interpretations	interpretation	NOUN
cjal-3204	390	8	.	.	PUNCT
cjal-3204	390	9	"	"	PUNCT
cjal-3204	391	1	under	under	ADP
cjal-3204	391	2	article	article	NOUN
cjal-3204	391	3	49	49	NUM
cjal-3204	391	4	of	of	ADP
cjal-3204	391	5	the	the	DET
cjal-3204	391	6	security	security	NOUN
cjal-3204	391	7	law	law	NOUN
cjal-3204	391	8	,	,	PUNCT
cjal-3204	391	9	a	a	DET
cjal-3204	391	10	borrower	borrower	NOUN
cjal-3204	391	11	must	must	AUX
cjal-3204	391	12	notify	notify	VERB
cjal-3204	391	13	the	the	DET
cjal-3204	391	14	mortgage	mortgage	NOUN
cjal-3204	391	15	lender	lender	NOUN
cjal-3204	391	16	before	before	ADP
cjal-3204	391	17	making	make	VERB
cjal-3204	391	18	a	a	DET
cjal-3204	391	19	transfer	transfer	NOUN
cjal-3204	391	20	of	of	ADP
cjal-3204	391	21	the	the	DET
cjal-3204	391	22	property.47	property.47	NOUN
cjal-3204	391	23	further	far	ADV
cjal-3204	391	24	,	,	PUNCT
cjal-3204	391	25	urban	urban	ADJ
cjal-3204	391	26	mortgage	mortgage	NOUN
cjal-3204	391	27	measures	measure	NOUN
cjal-3204	391	28	provides	provide	VERB
cjal-3204	391	29	that	that	SCONJ
cjal-3204	391	30	a	a	DET
cjal-3204	391	31	transfer	transfer	NOUN
cjal-3204	391	32	is	be	AUX
cjal-3204	391	33	void	void	ADJ
cjal-3204	391	34	unless	unless	SCONJ
cjal-3204	391	35	the	the	DET
cjal-3204	391	36	lender	lender	NOUN
cjal-3204	391	37	consents	consent	VERB
cjal-3204	391	38	to	to	ADP
cjal-3204	391	39	it	it	PRON
cjal-3204	391	40	in	in	ADP
cjal-3204	391	41	advance.48	advance.48	VERB
cjal-3204	391	42	neither	neither	DET
cjal-3204	391	43	law	law	NOUN
cjal-3204	391	44	limits	limit	VERB
cjal-3204	391	45	these	these	DET
cjal-3204	391	46	provisions	provision	NOUN
cjal-3204	391	47	to	to	ADP
cjal-3204	391	48	cases	case	NOUN
cjal-3204	391	49	in	in	ADP
cjal-3204	391	50	which	which	PRON
cjal-3204	391	51	the	the	DET
cjal-3204	391	52	purchaser	purchaser	NOUN
cjal-3204	391	53	of	of	ADP
cjal-3204	391	54	the	the	DET
cjal-3204	391	55	real	real	ADJ
cjal-3204	391	56	estate	estate	NOUN
cjal-3204	391	57	is	be	AUX
cjal-3204	391	58	taking	take	VERB
cjal-3204	391	59	over	over	ADP
cjal-3204	391	60	payment	payment	NOUN
cjal-3204	391	61	of	of	ADP
cjal-3204	391	62	the	the	DET
cjal-3204	391	63	loan	loan	NOUN
cjal-3204	391	64	.	.	PUNCT
cjal-3204	392	1	hence	hence	ADV
cjal-3204	392	2	,	,	PUNCT
cjal-3204	392	3	they	they	PRON
cjal-3204	392	4	may	may	AUX
cjal-3204	392	5	be	be	AUX
cjal-3204	392	6	applied	apply	VERB
cjal-3204	392	7	even	even	ADV
cjal-3204	392	8	in	in	ADP
cjal-3204	392	9	instances	instance	NOUN
cjal-3204	392	10	in	in	ADP
cjal-3204	392	11	which	which	PRON
cjal-3204	392	12	the	the	DET
cjal-3204	392	13	loan	loan	NOUN
cjal-3204	392	14	will	will	AUX
cjal-3204	392	15	be	be	AUX
cjal-3204	392	16	fully	fully	ADV
cjal-3204	392	17	paid	pay	VERB
cjal-3204	392	18	at	at	ADP
cjal-3204	392	19	the	the	DET
cjal-3204	392	20	time	time	NOUN
cjal-3204	392	21	of	of	ADP
cjal-3204	392	22	the	the	DET
cjal-3204	392	23	transfer.49	transfer.49	NOUN
cjal-3204	392	24	this	this	PRON
cjal-3204	392	25	would	would	AUX
cjal-3204	392	26	,	,	PUNCT
cjal-3204	392	27	of	of	ADP
cjal-3204	392	28	course	course	NOUN
cjal-3204	392	29	,	,	PUNCT
cjal-3204	392	30	be	be	AUX
cjal-3204	392	31	a	a	DET
cjal-3204	392	32	nonsensical	nonsensical	ADJ
cjal-3204	392	33	result	result	NOUN
cjal-3204	392	34	;	;	PUNCT
cjal-3204	392	35	if	if	SCONJ
cjal-3204	392	36	the	the	DET
cjal-3204	392	37	lender	lender	NOUN
cjal-3204	392	38	is	be	AUX
cjal-3204	392	39	fully	fully	ADV
cjal-3204	392	40	paid	pay	VERB
cjal-3204	392	41	and	and	CCONJ
cjal-3204	392	42	the	the	DET
cjal-3204	392	43	mortgage	mortgage	NOUN
cjal-3204	392	44	discharged	discharge	VERB
cjal-3204	392	45	,	,	PUNCT
cjal-3204	392	46	the	the	DET
cjal-3204	392	47	lender	lender	NOUN
cjal-3204	392	48	simply	simply	ADV
cjal-3204	392	49	has	have	VERB
cjal-3204	392	50	no	no	DET
cjal-3204	392	51	legitimate	legitimate	ADJ
cjal-3204	392	52	interest	interest	NOUN
cjal-3204	392	53	in	in	ADP
cjal-3204	392	54	the	the	DET
cjal-3204	392	55	sale	sale	NOUN
cjal-3204	392	56	of	of	ADP
cjal-3204	392	57	the	the	DET
cjal-3204	392	58	property	property	NOUN
cjal-3204	392	59	,	,	PUNCT
cjal-3204	392	60	and	and	CCONJ
cjal-3204	392	61	there	there	PRON
cjal-3204	392	62	is	be	VERB
cjal-3204	392	63	no	no	DET
cjal-3204	392	64	reason	reason	NOUN
cjal-3204	392	65	the	the	DET
cjal-3204	392	66	law	law	NOUN
cjal-3204	392	67	should	should	AUX
cjal-3204	392	68	give	give	VERB
cjal-3204	392	69	the	the	DET
cjal-3204	392	70	lender	lender	NOUN
cjal-3204	392	71	a	a	DET
cjal-3204	392	72	power	power	NOUN
cjal-3204	392	73	to	to	PART
cjal-3204	392	74	withhold	withhold	VERB
cjal-3204	392	75	consent	consent	NOUN
cjal-3204	392	76	.	.	PUNCT
cjal-3204	393	1	it	it	PRON
cjal-3204	393	2	appears	appear	VERB
cjal-3204	393	3	that	that	SCONJ
cjal-3204	393	4	an	an	DET
cjal-3204	393	5	amendment	amendment	NOUN
cjal-3204	393	6	to	to	ADP
cjal-3204	393	7	urban	urban	ADJ
cjal-3204	393	8	mortgage	mortgage	NOUN
cjal-3204	393	9	measures	measure	NOUN
cjal-3204	393	10	is	be	AUX
cjal-3204	393	11	needed	need	VERB
cjal-3204	393	12	to	to	PART
cjal-3204	393	13	clarify	clarify	VERB
cjal-3204	393	14	this	this	DET
cjal-3204	393	15	point	point	NOUN
cjal-3204	393	16	,	,	PUNCT
cjal-3204	393	17	and	and	CCONJ
cjal-3204	393	18	to	to	PART
cjal-3204	393	19	establish	establish	VERB
cjal-3204	393	20	that	that	SCONJ
cjal-3204	393	21	the	the	DET
cjal-3204	393	22	lender	lender	NOUN
cjal-3204	393	23	's	's	PART
cjal-3204	393	24	power	power	NOUN
cjal-3204	393	25	of	of	ADP
cjal-3204	393	26	consent	consent	NOUN
cjal-3204	393	27	is	be	AUX
cjal-3204	393	28	inapplicable	inapplicable	ADJ
cjal-3204	393	29	when	when	SCONJ
cjal-3204	393	30	the	the	DET
cjal-3204	393	31	loan	loan	NOUN
cjal-3204	393	32	will	will	AUX
cjal-3204	393	33	be	be	AUX
cjal-3204	393	34	fully	fully	ADV
cjal-3204	393	35	paid	pay	VERB
cjal-3204	393	36	.	.	PUNCT
cjal-3204	394	1	2	2	X
cjal-3204	394	2	.	.	X
cjal-3204	394	3	lender	lender	NOUN
cjal-3204	394	4	rights	right	NOUN
cjal-3204	394	5	if	if	SCONJ
cjal-3204	394	6	transferee	transferee	NOUN
cjal-3204	394	7	takes	take	VERB
cjal-3204	394	8	over	over	ADP
cjal-3204	394	9	loan	loan	NOUN
cjal-3204	394	10	.	.	PUNCT
cjal-3204	395	1	a	a	DET
cjal-3204	395	2	fundamental	fundamental	ADJ
cjal-3204	395	3	question	question	NOUN
cjal-3204	395	4	exists	exist	VERB
cjal-3204	395	5	under	under	ADP
cjal-3204	395	6	chinese	chinese	ADJ
cjal-3204	395	7	law	law	NOUN
cjal-3204	395	8	as	as	ADP
cjal-3204	395	9	to	to	ADP
cjal-3204	395	10	whether	whether	SCONJ
cjal-3204	395	11	it	it	PRON
cjal-3204	395	12	is	be	AUX
cjal-3204	395	13	possible	possible	ADJ
cjal-3204	395	14	,	,	PUNCT
cjal-3204	395	15	as	as	ADP
cjal-3204	395	16	a	a	DET
cjal-3204	395	17	practical	practical	ADJ
cjal-3204	395	18	matter	matter	NOUN
cjal-3204	395	19	,	,	PUNCT
cjal-3204	395	20	for	for	ADP
cjal-3204	395	21	a	a	DET
cjal-3204	395	22	purchaser	purchaser	NOUN
cjal-3204	395	23	of	of	ADP
cjal-3204	395	24	real	real	ADJ
cjal-3204	395	25	estate	estate	NOUN
cjal-3204	395	26	to	to	PART
cjal-3204	395	27	take	take	VERB
cjal-3204	395	28	over	over	ADP
cjal-3204	395	29	an	an	DET
cjal-3204	395	30	existing	exist	VERB
cjal-3204	395	31	mortgage	mortgage	NOUN
cjal-3204	395	32	debt	debt	NOUN
cjal-3204	395	33	.	.	PUNCT
cjal-3204	396	1	the	the	DET
cjal-3204	396	2	security	security	NOUN
cjal-3204	396	3	law	law	NOUN
cjal-3204	396	4	provides	provide	VERB
cjal-3204	396	5	that	that	SCONJ
cjal-3204	396	6	the	the	DET
cjal-3204	396	7	proceeds	proceed	NOUN
cjal-3204	396	8	of	of	ADP
cjal-3204	396	9	any	any	DET
cjal-3204	396	10	sale	sale	NOUN
cjal-3204	396	11	of	of	ADP
cjal-3204	396	12	the	the	DET
cjal-3204	396	13	property	property	NOUN
cjal-3204	396	14	must	must	AUX
cjal-3204	396	15	be	be	AUX
cjal-3204	396	16	applied	apply	VERB
cjal-3204	396	17	to	to	ADP
cjal-3204	396	18	the	the	DET
cjal-3204	396	19	mortgage	mortgage	NOUN
cjal-3204	396	20	debt.50	debt.50	NOUN
cjal-3204	396	21	since	since	SCONJ
cjal-3204	396	22	in	in	ADP
cjal-3204	396	23	most	most	ADJ
cjal-3204	396	24	cases	case	NOUN
cjal-3204	396	25	the	the	DET
cjal-3204	396	26	sale	sale	NOUN
cjal-3204	396	27	proceeds	proceed	NOUN
cjal-3204	396	28	will	will	AUX
cjal-3204	396	29	exceed	exceed	VERB
cjal-3204	396	30	the	the	DET
cjal-3204	396	31	amount	amount	NOUN
cjal-3204	396	32	of	of	ADP
cjal-3204	396	33	the	the	DET
cjal-3204	396	34	debt	debt	NOUN
cjal-3204	396	35	,	,	PUNCT
cjal-3204	396	36	the	the	DET
cjal-3204	396	37	debt	debt	NOUN
cjal-3204	396	38	will	will	AUX
cjal-3204	396	39	be	be	AUX
cjal-3204	396	40	fully	fully	ADV
cjal-3204	396	41	retired	retire	VERB
cjal-3204	396	42	and	and	CCONJ
cjal-3204	396	43	the	the	DET
cjal-3204	396	44	mortgage	mortgage	NOUN
cjal-3204	396	45	discharged	discharge	VERB
cjal-3204	396	46	.	.	PUNCT
cjal-3204	397	1	one	one	NUM
cjal-3204	397	2	commentator	commentator	NOUN
cjal-3204	397	3	has	have	AUX
cjal-3204	397	4	read	read	VERB
cjal-3204	397	5	the	the	DET
cjal-3204	397	6	security	security	NOUN
cjal-3204	397	7	law	law	NOUN
cjal-3204	397	8	to	to	PART
cjal-3204	397	9	provide	provide	VERB
cjal-3204	397	10	that	that	SCONJ
cjal-3204	397	11	,	,	PUNCT
cjal-3204	397	12	in	in	ADP
cjal-3204	397	13	all	all	DET
cjal-3204	397	14	cases	case	NOUN
cjal-3204	397	15	in	in	ADP
cjal-3204	397	16	which	which	PRON
cjal-3204	397	17	the	the	DET
cjal-3204	397	18	lender	lender	NOUN
cjal-3204	397	19	consents	consent	VERB
cjal-3204	397	20	to	to	ADP
cjal-3204	397	21	a	a	DET
cjal-3204	397	22	transfer	transfer	NOUN
cjal-3204	397	23	,	,	PUNCT
cjal-3204	397	24	the	the	DET
cjal-3204	397	25	transfer	transfer	NOUN
cjal-3204	397	26	must	must	AUX
cjal-3204	397	27	be	be	AUX
cjal-3204	397	28	free	free	ADJ
cjal-3204	397	29	and	and	CCONJ
cjal-3204	397	30	clear	clear	ADJ
cjal-3204	397	31	of	of	ADP
cjal-3204	397	32	the	the	DET
cjal-3204	397	33	mortgage	mortgage	NOUN
cjal-3204	397	34	even	even	ADV
cjal-3204	397	35	,	,	PUNCT
cjal-3204	397	36	perhaps	perhaps	ADV
cjal-3204	397	37	,	,	PUNCT
cjal-3204	397	38	if	if	SCONJ
cjal-3204	397	39	the	the	DET
cjal-3204	397	40	sale	sale	NOUN
cjal-3204	397	41	price	price	NOUN
cjal-3204	397	42	is	be	AUX
cjal-3204	397	43	inadequate	inadequate	ADJ
cjal-3204	397	44	to	to	PART
cjal-3204	397	45	fully	fully	ADV
cjal-3204	397	46	pay	pay	VERB
cjal-3204	397	47	the	the	DET
cjal-3204	397	48	mortgage.5	mortgage.5	NOUN
cjal-3204	397	49	'	'	PART
cjal-3204	397	50	randolph	randolph	NOUN
cjal-3204	397	51	and	and	CCONJ
cjal-3204	397	52	lou	lou	PROPN
cjal-3204	397	53	point	point	VERB
cjal-3204	397	54	out	out	ADP
cjal-3204	397	55	that	that	SCONJ
cjal-3204	397	56	there	there	PRON
cjal-3204	397	57	is	be	VERB
cjal-3204	397	58	no	no	DET
cjal-3204	397	59	express	express	ADJ
cjal-3204	397	60	statutory	statutory	ADJ
cjal-3204	397	61	or	or	CCONJ
cjal-3204	397	62	regulatory	regulatory	ADJ
cjal-3204	397	63	prohibition	prohibition	NOUN
cjal-3204	397	64	on	on	ADP
cjal-3204	397	65	the	the	DET
cjal-3204	397	66	transfer	transfer	NOUN
cjal-3204	397	67	of	of	ADP
cjal-3204	397	68	real	real	ADJ
cjal-3204	397	69	estate	estate	NOUN
cjal-3204	397	70	subject	subject	NOUN
cjal-3204	397	71	to	to	ADP
cjal-3204	397	72	an	an	DET
cjal-3204	397	73	existing	exist	VERB
cjal-3204	397	74	mortgage	mortgage	NOUN
cjal-3204	397	75	.	.	PUNCT
cjal-3204	398	1	52	52	NUM
cjal-3204	398	2	a	a	DET
cjal-3204	398	3	debate	debate	NOUN
cjal-3204	398	4	exists	exist	VERB
cjal-3204	398	5	among	among	ADP
cjal-3204	398	6	chinese	chinese	ADJ
cjal-3204	398	7	legal	legal	ADJ
cjal-3204	398	8	scholars	scholar	NOUN
cjal-3204	398	9	as	as	ADP
cjal-3204	398	10	to	to	ADP
cjal-3204	398	11	whether	whether	SCONJ
cjal-3204	398	12	a	a	DET
cjal-3204	398	13	47	47	NUM
cjal-3204	398	14	.	.	PUNCT
cjal-3204	399	1	randolph	randolph	PROPN
cjal-3204	399	2	&	&	CCONJ
cjal-3204	399	3	lou	lou	PROPN
cjal-3204	399	4	,	,	PUNCT
cjal-3204	399	5	supra	supra	PROPN
cjal-3204	399	6	note	note	NOUN
cjal-3204	399	7	2	2	NUM
cjal-3204	399	8	,	,	PUNCT
cjal-3204	399	9	§	§	PROPN
cjal-3204	399	10	8.8.1	8.8.1	NUM
cjal-3204	399	11	.	.	PROPN
cjal-3204	399	12	48	48	NUM
cjal-3204	399	13	.	.	PUNCT
cjal-3204	400	1	i	i	PRON
cjal-3204	400	2	d.	d.	VERB
cjal-3204	400	3	it	it	PRON
cjal-3204	400	4	is	be	AUX
cjal-3204	400	5	possible	possible	ADJ
cjal-3204	400	6	that	that	SCONJ
cjal-3204	400	7	this	this	DET
cjal-3204	400	8	provision	provision	NOUN
cjal-3204	400	9	might	might	AUX
cjal-3204	400	10	be	be	AUX
cjal-3204	400	11	applied	apply	VERB
cjal-3204	400	12	to	to	ADP
cjal-3204	400	13	contracts	contract	NOUN
cjal-3204	400	14	of	of	ADP
cjal-3204	400	15	sale	sale	NOUN
cjal-3204	400	16	as	as	ADV
cjal-3204	400	17	well	well	ADV
cjal-3204	400	18	as	as	ADP
cjal-3204	400	19	to	to	ADP
cjal-3204	400	20	outright	outright	ADJ
cjal-3204	400	21	transfers	transfer	NOUN
cjal-3204	400	22	,	,	PUNCT
cjal-3204	400	23	thus	thus	ADV
cjal-3204	400	24	making	make	VERB
cjal-3204	400	25	it	it	PRON
cjal-3204	400	26	impossible	impossible	ADJ
cjal-3204	400	27	to	to	PART
cjal-3204	400	28	enter	enter	VERB
cjal-3204	400	29	into	into	ADP
cjal-3204	400	30	a	a	DET
cjal-3204	400	31	valid	valid	ADJ
cjal-3204	400	32	contract	contract	NOUN
cjal-3204	400	33	of	of	ADP
cjal-3204	400	34	sale	sale	NOUN
cjal-3204	400	35	until	until	SCONJ
cjal-3204	400	36	the	the	DET
cjal-3204	400	37	lender	lender	NOUN
cjal-3204	400	38	's	's	PART
cjal-3204	400	39	approval	approval	NOUN
cjal-3204	400	40	has	have	AUX
cjal-3204	400	41	been	be	AUX
cjal-3204	400	42	obtained	obtain	VERB
cjal-3204	400	43	.	.	PUNCT
cjal-3204	401	1	randolph	randolph	PROPN
cjal-3204	401	2	&	&	CCONJ
cjal-3204	401	3	lou	lou	PROPN
cjal-3204	401	4	,	,	PUNCT
cjal-3204	401	5	supra	supra	PROPN
cjal-3204	401	6	note	note	NOUN
cjal-3204	401	7	2	2	NUM
cjal-3204	401	8	,	,	PUNCT
cjal-3204	401	9	§	§	PROPN
cjal-3204	401	10	8.8.2.1	8.8.2.1	NUM
cjal-3204	401	11	.	.	PROPN
cjal-3204	401	12	49	49	NUM
cjal-3204	401	13	.	.	PUNCT
cjal-3204	402	1	a	a	DET
cjal-3204	402	2	contrary	contrary	ADJ
cjal-3204	402	3	interpretation	interpretation	NOUN
cjal-3204	402	4	arises	arise	VERB
cjal-3204	402	5	from	from	ADP
cjal-3204	402	6	the	the	DET
cjal-3204	402	7	text	text	NOUN
cjal-3204	402	8	of	of	ADP
cjal-3204	402	9	urban	urban	ADJ
cjal-3204	402	10	mortgage	mortgage	NOUN
cjal-3204	402	11	measures	measure	NOUN
cjal-3204	402	12	,	,	PUNCT
cjal-3204	402	13	art	art	NOUN
cjal-3204	402	14	.	.	PUNCT
cjal-3204	403	1	9	9	NUM
cjal-3204	403	2	,	,	PUNCT
cjal-3204	403	3	which	which	PRON
cjal-3204	403	4	states	state	VERB
cjal-3204	403	5	that	that	SCONJ
cjal-3204	403	6	a	a	DET
cjal-3204	403	7	mortgage	mortgage	NOUN
cjal-3204	403	8	lender	lender	NOUN
cjal-3204	403	9	who	who	PRON
cjal-3204	403	10	wishes	wish	VERB
cjal-3204	403	11	to	to	PART
cjal-3204	403	12	restrict	restrict	VERB
cjal-3204	403	13	the	the	DET
cjal-3204	403	14	borrower	borrower	NOUN
cjal-3204	403	15	's	's	PART
cjal-3204	403	16	leasing	leasing	NOUN
cjal-3204	403	17	,	,	PUNCT
cjal-3204	403	18	transferal	transferal	ADJ
cjal-3204	403	19	,	,	PUNCT
cjal-3204	403	20	or	or	CCONJ
cjal-3204	403	21	changing	change	VERB
cjal-3204	403	22	of	of	ADP
cjal-3204	403	23	the	the	DET
cjal-3204	403	24	property	property	NOUN
cjal-3204	403	25	's	's	PART
cjal-3204	403	26	use	use	NOUN
cjal-3204	403	27	should	should	AUX
cjal-3204	403	28	provide	provide	VERB
cjal-3204	403	29	for	for	ADP
cjal-3204	403	30	that	that	DET
cjal-3204	403	31	restriction	restriction	NOUN
cjal-3204	403	32	in	in	ADP
cjal-3204	403	33	the	the	DET
cjal-3204	403	34	mortgage	mortgage	NOUN
cjal-3204	403	35	agreement	agreement	NOUN
cjal-3204	403	36	.	.	PUNCT
cjal-3204	404	1	the	the	DET
cjal-3204	404	2	obvious	obvious	ADJ
cjal-3204	404	3	implication	implication	NOUN
cjal-3204	404	4	is	be	AUX
cjal-3204	404	5	that	that	SCONJ
cjal-3204	404	6	the	the	DET
cjal-3204	404	7	lender	lender	NOUN
cjal-3204	404	8	has	have	VERB
cjal-3204	404	9	no	no	DET
cjal-3204	404	10	right	right	NOUN
cjal-3204	404	11	of	of	ADP
cjal-3204	404	12	consent	consent	NOUN
cjal-3204	404	13	to	to	ADP
cjal-3204	404	14	such	such	ADJ
cjal-3204	404	15	actions	action	NOUN
cjal-3204	404	16	if	if	SCONJ
cjal-3204	404	17	the	the	DET
cjal-3204	404	18	mortgage	mortgage	NOUN
cjal-3204	404	19	is	be	AUX
cjal-3204	404	20	silent	silent	ADJ
cjal-3204	404	21	on	on	ADP
cjal-3204	404	22	the	the	DET
cjal-3204	404	23	point	point	NOUN
cjal-3204	404	24	.	.	PUNCT
cjal-3204	405	1	moreover	moreover	ADV
cjal-3204	405	2	,	,	PUNCT
cjal-3204	405	3	it	it	PRON
cjal-3204	405	4	suggests	suggest	VERB
cjal-3204	405	5	that	that	SCONJ
cjal-3204	405	6	the	the	DET
cjal-3204	405	7	lender	lender	NOUN
cjal-3204	405	8	could	could	AUX
cjal-3204	405	9	waive	waive	VERB
cjal-3204	405	10	any	any	DET
cjal-3204	405	11	restriction	restriction	NOUN
cjal-3204	405	12	included	include	VERB
cjal-3204	405	13	in	in	ADP
cjal-3204	405	14	the	the	DET
cjal-3204	405	15	mortgage	mortgage	NOUN
cjal-3204	405	16	,	,	PUNCT
cjal-3204	405	17	and	and	CCONJ
cjal-3204	405	18	hence	hence	ADV
cjal-3204	405	19	could	could	AUX
cjal-3204	405	20	authorize	authorize	VERB
cjal-3204	405	21	a	a	DET
cjal-3204	405	22	sale	sale	NOUN
cjal-3204	405	23	of	of	ADP
cjal-3204	405	24	the	the	DET
cjal-3204	405	25	property	property	NOUN
cjal-3204	405	26	subject	subject	NOUN
cjal-3204	405	27	to	to	ADP
cjal-3204	405	28	the	the	DET
cjal-3204	405	29	mortgage	mortgage	NOUN
cjal-3204	405	30	without	without	ADP
cjal-3204	405	31	a	a	DET
cjal-3204	405	32	payoff	payoff	NOUN
cjal-3204	405	33	of	of	ADP
cjal-3204	405	34	the	the	DET
cjal-3204	405	35	debt	debt	NOUN
cjal-3204	405	36	.	.	PUNCT
cjal-3204	406	1	it	it	PRON
cjal-3204	406	2	is	be	AUX
cjal-3204	406	3	unknown	unknown	ADJ
cjal-3204	406	4	whether	whether	SCONJ
cjal-3204	406	5	this	this	DET
cjal-3204	406	6	view	view	NOUN
cjal-3204	406	7	will	will	AUX
cjal-3204	406	8	be	be	AUX
cjal-3204	406	9	accepted	accept	VERB
cjal-3204	406	10	by	by	ADP
cjal-3204	406	11	the	the	DET
cjal-3204	406	12	chinese	chinese	ADJ
cjal-3204	406	13	authorities	authority	NOUN
cjal-3204	406	14	.	.	PUNCT
cjal-3204	407	1	50	50	NUM
cjal-3204	407	2	.	.	PUNCT
cjal-3204	408	1	chinese	chinese	ADJ
cjal-3204	408	2	security	security	NOUN
cjal-3204	408	3	law	law	NOUN
cjal-3204	408	4	,	,	PUNCT
cjal-3204	408	5	art	art	NOUN
cjal-3204	408	6	.	.	PUNCT
cjal-3204	409	1	49	49	NUM
cjal-3204	409	2	.	.	PUNCT
cjal-3204	410	1	5	5	NUM
cjal-3204	410	2	1	1	NUM
cjal-3204	410	3	.	.	PUNCT
cjal-3204	411	1	danbaofa	danbaofa	PROPN
cjal-3204	411	2	lujie	lujie	PROPN
cjal-3204	411	3	yu	yu	PROPN
cjal-3204	411	4	shiyong	shiyong	PROPN
cjal-3204	412	1	[	[	X
cjal-3204	412	2	examples	example	NOUN
cjal-3204	412	3	and	and	CCONJ
cjal-3204	412	4	applicanons	applicanon	NOUN
cjal-3204	412	5	of	of	ADP
cjal-3204	412	6	the	the	DET
cjal-3204	412	7	security	security	NOUN
cjal-3204	412	8	law	law	NOUN
cjal-3204	412	9	]	]	PUNCT
cjal-3204	412	10	378	378	NUM
cjal-3204	412	11	-	-	SYM
cjal-3204	412	12	381	381	NUM
cjal-3204	412	13	(	(	PUNCT
cjal-3204	412	14	kong	kong	PROPN
cjal-3204	412	15	xiangjun	xiangjun	PROPN
cjal-3204	412	16	ed	ed	PROPN
cjal-3204	412	17	.	.	PROPN
cjal-3204	412	18	,	,	PUNCT
cjal-3204	412	19	1996	1996	NUM
cjal-3204	412	20	)	)	PUNCT
cjal-3204	412	21	,	,	PUNCT
cjal-3204	412	22	paraphrased	paraphrase	VERB
cjal-3204	412	23	in	in	ADP
cjal-3204	412	24	randolph	randolph	PROPN
cjal-3204	412	25	&	&	CCONJ
cjal-3204	412	26	lou	lou	PROPN
cjal-3204	412	27	,	,	PUNCT
cjal-3204	412	28	supra	supra	PROPN
cjal-3204	412	29	note	note	NOUN
cjal-3204	412	30	2	2	NUM
cjal-3204	412	31	,	,	PUNCT
cjal-3204	412	32	§	§	PROPN
cjal-3204	412	33	8.8.2.3	8.8.2.3	NUM
cjal-3204	412	34	at	at	ADP
cjal-3204	412	35	n.195	n.195	NOUN
cjal-3204	412	36	.	.	PROPN
cjal-3204	412	37	52	52	NUM
cjal-3204	412	38	.	.	PUNCT
cjal-3204	413	1	randolph	randolph	PROPN
cjal-3204	413	2	&	&	CCONJ
cjal-3204	413	3	lou	lou	PROPN
cjal-3204	413	4	,	,	PUNCT
cjal-3204	413	5	supra	supra	PROPN
cjal-3204	413	6	note	note	NOUN
cjal-3204	413	7	2	2	NUM
cjal-3204	413	8	,	,	PUNCT
cjal-3204	413	9	§	§	NOUN
cjal-3204	413	10	8.8.2.3	8.8.2.3	NUM
cjal-3204	413	11	.	.	PUNCT
cjal-3204	414	1	[	[	X
cjal-3204	414	2	15:1	15:1	NUM
cjal-3204	414	3	chinese	chinese	ADJ
cjal-3204	414	4	mortgage	mortgage	NOUN
cjal-3204	414	5	l-4	l-4	NOUN
cjal-3204	414	6	w	w	PROPN
cjal-3204	414	7	mortgage	mortgage	NOUN
cjal-3204	414	8	will	will	AUX
cjal-3204	414	9	continue	continue	VERB
cjal-3204	414	10	to	to	PART
cjal-3204	414	11	encumber	encumber	VERB
cjal-3204	414	12	the	the	DET
cjal-3204	414	13	property	property	NOUN
cjal-3204	414	14	after	after	ADP
cjal-3204	414	15	a	a	DET
cjal-3204	414	16	transfer;53	transfer;53	NOUN
cjal-3204	414	17	again	again	ADV
cjal-3204	414	18	,	,	PUNCT
cjal-3204	414	19	the	the	DET
cjal-3204	414	20	existing	exist	VERB
cjal-3204	414	21	law	law	NOUN
cjal-3204	414	22	is	be	AUX
cjal-3204	414	23	unclear	unclear	ADJ
cjal-3204	414	24	,	,	PUNCT
cjal-3204	414	25	and	and	CCONJ
cjal-3204	414	26	the	the	DET
cjal-3204	414	27	uncertainty	uncertainty	NOUN
cjal-3204	414	28	can	can	AUX
cjal-3204	414	29	not	not	PART
cjal-3204	414	30	presently	presently	ADV
cjal-3204	414	31	be	be	AUX
cjal-3204	414	32	resolved	resolve	VERB
cjal-3204	414	33	.	.	PUNCT
cjal-3204	415	1	the	the	DET
cjal-3204	415	2	2000	2000	NUM
cjal-3204	415	3	interpretations	interpretation	NOUN
cjal-3204	415	4	of	of	ADP
cjal-3204	415	5	the	the	DET
cjal-3204	415	6	supreme	supreme	PROPN
cjal-3204	415	7	people	people	PROPN
cjal-3204	415	8	's	's	PART
cjal-3204	415	9	court	court	NOUN
cjal-3204	415	10	point	point	NOUN
cjal-3204	415	11	to	to	ADP
cjal-3204	415	12	the	the	DET
cjal-3204	415	13	conclusion	conclusion	NOUN
cjal-3204	415	14	that	that	SCONJ
cjal-3204	415	15	the	the	DET
cjal-3204	415	16	mortgage	mortgage	NOUN
cjal-3204	415	17	will	will	AUX
cjal-3204	415	18	remain	remain	VERB
cjal-3204	415	19	effective	effective	ADJ
cjal-3204	415	20	.	.	PUNCT
cjal-3204	416	1	4	4	NUM
cjal-3204	416	2	however	however	ADV
cjal-3204	416	3	,	,	PUNCT
cjal-3204	416	4	they	they	PRON
cjal-3204	416	5	appear	appear	VERB
cjal-3204	416	6	not	not	PART
cjal-3204	416	7	to	to	PART
cjal-3204	416	8	contemplate	contemplate	VERB
cjal-3204	416	9	that	that	SCONJ
cjal-3204	416	10	payment	payment	NOUN
cjal-3204	416	11	of	of	ADP
cjal-3204	416	12	the	the	DET
cjal-3204	416	13	remainder	remainder	NOUN
cjal-3204	416	14	of	of	ADP
cjal-3204	416	15	the	the	DET
cjal-3204	416	16	mortgage	mortgage	NOUN
cjal-3204	416	17	debt	debt	NOUN
cjal-3204	416	18	will	will	AUX
cjal-3204	416	19	become	become	VERB
cjal-3204	416	20	the	the	DET
cjal-3204	416	21	purchaser	purchaser	NOUN
cjal-3204	416	22	's	's	PART
cjal-3204	416	23	responsibility	responsibility	NOUN
cjal-3204	416	24	,	,	PUNCT
cjal-3204	416	25	but	but	CCONJ
cjal-3204	416	26	rather	rather	ADV
cjal-3204	416	27	than	than	ADP
cjal-3204	416	28	in	in	ADP
cjal-3204	416	29	all	all	DET
cjal-3204	416	30	cases	case	NOUN
cjal-3204	416	31	it	it	PRON
cjal-3204	416	32	is	be	AUX
cjal-3204	416	33	the	the	DET
cjal-3204	416	34	seller	seller	NOUN
cjal-3204	416	35	who	who	PRON
cjal-3204	416	36	has	have	VERB
cjal-3204	416	37	the	the	DET
cjal-3204	416	38	duty	duty	NOUN
cjal-3204	416	39	to	to	PART
cjal-3204	416	40	discharge	discharge	VERB
cjal-3204	416	41	the	the	DET
cjal-3204	416	42	debt	debt	NOUN
cjal-3204	416	43	.	.	PUNCT
cjal-3204	417	1	"	"	PUNCT
cjal-3204	417	2	the	the	DET
cjal-3204	417	3	assignee	assignee	NOUN
cjal-3204	417	4	who	who	PRON
cjal-3204	417	5	obtains	obtain	VERB
cjal-3204	417	6	ownership	ownership	NOUN
cjal-3204	417	7	of	of	ADP
cjal-3204	417	8	the	the	DET
cjal-3204	417	9	mortgaged	mortgaged	ADJ
cjal-3204	417	10	property	property	NOUN
cjal-3204	417	11	may	may	AUX
cjal-3204	417	12	discharge	discharge	VERB
cjal-3204	417	13	the	the	DET
cjal-3204	417	14	entire	entire	ADJ
cjal-3204	417	15	obligation	obligation	NOUN
cjal-3204	417	16	on	on	ADP
cjal-3204	417	17	behalf	behalf	NOUN
cjal-3204	417	18	of	of	ADP
cjal-3204	417	19	the	the	DET
cjal-3204	417	20	debtor	debtor	NOUN
cjal-3204	417	21	so	so	SCONJ
cjal-3204	417	22	as	as	SCONJ
cjal-3204	417	23	to	to	PART
cjal-3204	417	24	extinguish	extinguish	VERB
cjal-3204	417	25	the	the	DET
cjal-3204	417	26	mortgage	mortgage	NOUN
cjal-3204	417	27	.	.	PUNCT
cjal-3204	418	1	after	after	ADP
cjal-3204	418	2	discharging	discharge	VERB
cjal-3204	418	3	the	the	DET
cjal-3204	418	4	obligation	obligation	NOUN
cjal-3204	418	5	,	,	PUNCT
cjal-3204	418	6	the	the	DET
cjal-3204	418	7	assignee	assignee	NOUN
cjal-3204	418	8	has	have	AUX
cjal-3204	418	9	recourse	recourse	VERB
cjal-3204	418	10	against	against	ADP
cjal-3204	418	11	the	the	DET
cjal-3204	418	12	mortgagor	mortgagor	NOUN
cjal-3204	418	13	.	.	PUNCT
cjal-3204	418	14	"	"	PUNCT
cjal-3204	419	1	55	55	NUM
cjal-3204	419	2	the	the	DET
cjal-3204	419	3	evident	evident	ADJ
cjal-3204	419	4	point	point	NOUN
cjal-3204	419	5	of	of	ADP
cjal-3204	419	6	view	view	NOUN
cjal-3204	419	7	of	of	ADP
cjal-3204	419	8	this	this	DET
cjal-3204	419	9	interpretation	interpretation	NOUN
cjal-3204	419	10	is	be	AUX
cjal-3204	419	11	that	that	PRON
cjal-3204	419	12	is	be	AUX
cjal-3204	419	13	it	it	PRON
cjal-3204	419	14	wrongful	wrongful	ADJ
cjal-3204	419	15	for	for	ADP
cjal-3204	419	16	the	the	DET
cjal-3204	419	17	seller	seller	NOUN
cjal-3204	419	18	to	to	PART
cjal-3204	419	19	pass	pass	VERB
cjal-3204	419	20	the	the	DET
cjal-3204	419	21	property	property	NOUN
cjal-3204	419	22	to	to	ADP
cjal-3204	419	23	the	the	DET
cjal-3204	419	24	buyer	buyer	NOUN
cjal-3204	419	25	without	without	ADP
cjal-3204	419	26	paying	pay	VERB
cjal-3204	419	27	the	the	DET
cjal-3204	419	28	mortgage	mortgage	NOUN
cjal-3204	419	29	debt	debt	NOUN
cjal-3204	419	30	in	in	ADP
cjal-3204	419	31	full	full	ADJ
cjal-3204	419	32	,	,	PUNCT
cjal-3204	419	33	that	that	SCONJ
cjal-3204	419	34	the	the	DET
cjal-3204	419	35	seller	seller	NOUN
cjal-3204	419	36	must	must	AUX
cjal-3204	419	37	have	have	AUX
cjal-3204	419	38	deceived	deceive	VERB
cjal-3204	419	39	the	the	DET
cjal-3204	419	40	buyer	buyer	NOUN
cjal-3204	419	41	into	into	ADP
cjal-3204	419	42	believing	believe	VERB
cjal-3204	419	43	that	that	SCONJ
cjal-3204	419	44	there	there	PRON
cjal-3204	419	45	was	be	VERB
cjal-3204	419	46	no	no	DET
cjal-3204	419	47	mortgage	mortgage	NOUN
cjal-3204	419	48	,	,	PUNCT
cjal-3204	419	49	and	and	CCONJ
cjal-3204	419	50	that	that	SCONJ
cjal-3204	419	51	such	such	DET
cjal-3204	419	52	a	a	DET
cjal-3204	419	53	seller	seller	NOUN
cjal-3204	419	54	continues	continue	VERB
cjal-3204	419	55	to	to	PART
cjal-3204	419	56	have	have	VERB
cjal-3204	419	57	primary	primary	ADJ
cjal-3204	419	58	liability	liability	NOUN
cjal-3204	419	59	to	to	PART
cjal-3204	419	60	pay	pay	VERB
cjal-3204	419	61	,	,	PUNCT
cjal-3204	419	62	and	and	CCONJ
cjal-3204	419	63	hence	hence	ADV
cjal-3204	419	64	must	must	AUX
cjal-3204	419	65	reimburse	reimburse	VERB
cjal-3204	419	66	the	the	DET
cjal-3204	419	67	purchaser	purchaser	NOUN
cjal-3204	419	68	who	who	PRON
cjal-3204	419	69	pays	pay	VERB
cjal-3204	419	70	the	the	DET
cjal-3204	419	71	debt	debt	NOUN
cjal-3204	419	72	in	in	ADP
cjal-3204	419	73	fact	fact	NOUN
cjal-3204	419	74	.	.	PUNCT
cjal-3204	420	1	this	this	PRON
cjal-3204	420	2	is	be	AUX
cjal-3204	420	3	precisely	precisely	ADV
cjal-3204	420	4	of	of	ADP
cjal-3204	420	5	the	the	DET
cjal-3204	420	6	usual	usual	ADJ
cjal-3204	420	7	american	american	ADJ
cjal-3204	420	8	transaction	transaction	NOUN
cjal-3204	420	9	,	,	PUNCT
cjal-3204	420	10	discussed	discuss	VERB
cjal-3204	420	11	above	above	ADV
cjal-3204	420	12	,	,	PUNCT
cjal-3204	420	13	in	in	ADP
cjal-3204	420	14	which	which	PRON
cjal-3204	420	15	the	the	DET
cjal-3204	420	16	purchaser	purchaser	NOUN
cjal-3204	420	17	(	(	PUNCT
cjal-3204	420	18	or	or	CCONJ
cjal-3204	420	19	in	in	ADP
cjal-3204	420	20	the	the	DET
cjal-3204	420	21	absence	absence	NOUN
cjal-3204	420	22	of	of	ADP
cjal-3204	420	23	an	an	DET
cjal-3204	420	24	assumption	assumption	NOUN
cjal-3204	420	25	agreement	agreement	NOUN
cjal-3204	420	26	,	,	PUNCT
cjal-3204	420	27	the	the	DET
cjal-3204	420	28	purchaser	purchaser	NOUN
cjal-3204	420	29	's	's	PART
cjal-3204	420	30	real	real	ADJ
cjal-3204	420	31	estate	estate	NOUN
cjal-3204	420	32	)	)	PUNCT
cjal-3204	420	33	becomes	become	VERB
cjal-3204	420	34	primarily	primarily	ADV
cjal-3204	420	35	liable	liable	ADJ
cjal-3204	420	36	,	,	PUNCT
cjal-3204	420	37	and	and	CCONJ
cjal-3204	420	38	the	the	DET
cjal-3204	420	39	original	original	ADJ
cjal-3204	420	40	mortgagor	mortgagor	NOUN
cjal-3204	420	41	is	be	AUX
cjal-3204	420	42	liable	liable	ADJ
cjal-3204	420	43	only	only	ADV
cjal-3204	420	44	as	as	ADP
cjal-3204	420	45	a	a	DET
cjal-3204	420	46	surety.56	surety.56	NOUN
cjal-3204	420	47	if	if	SCONJ
cjal-3204	420	48	the	the	DET
cjal-3204	420	49	chinese	chinese	ADJ
cjal-3204	420	50	rule	rule	NOUN
cjal-3204	420	51	does	do	AUX
cjal-3204	420	52	indeed	indeed	ADV
cjal-3204	420	53	require	require	VERB
cjal-3204	420	54	that	that	SCONJ
cjal-3204	420	55	the	the	DET
cjal-3204	420	56	sale	sale	NOUN
cjal-3204	420	57	proceeds	proceed	NOUN
cjal-3204	420	58	be	be	AUX
cjal-3204	420	59	applied	apply	VERB
cjal-3204	420	60	against	against	ADP
cjal-3204	420	61	the	the	DET
cjal-3204	420	62	loan	loan	NOUN
cjal-3204	420	63	,	,	PUNCT
cjal-3204	420	64	randolph	randolph	PROPN
cjal-3204	420	65	and	and	CCONJ
cjal-3204	420	66	lou	lou	PROPN
cjal-3204	420	67	suggest	suggest	VERB
cjal-3204	420	68	that	that	SCONJ
cjal-3204	420	69	the	the	DET
cjal-3204	420	70	purpose	purpose	NOUN
cjal-3204	420	71	of	of	ADP
cjal-3204	420	72	the	the	DET
cjal-3204	420	73	rule	rule	NOUN
cjal-3204	420	74	is	be	AUX
cjal-3204	420	75	to	to	PART
cjal-3204	420	76	avoid	avoid	VERB
cjal-3204	420	77	speculation	speculation	NOUN
cjal-3204	420	78	.	.	PUNCT
cjal-3204	421	1	they	they	PRON
cjal-3204	421	2	postulate	postulate	VERB
cjal-3204	421	3	the	the	DET
cjal-3204	421	4	case	case	NOUN
cjal-3204	421	5	in	in	ADP
cjal-3204	421	6	which	which	PRON
cjal-3204	421	7	the	the	DET
cjal-3204	421	8	mortgage	mortgage	NOUN
cjal-3204	421	9	is	be	AUX
cjal-3204	421	10	initially	initially	ADV
cjal-3204	421	11	obtained	obtain	VERB
cjal-3204	421	12	by	by	ADP
cjal-3204	421	13	a	a	DET
cjal-3204	421	14	developer	developer	NOUN
cjal-3204	421	15	or	or	CCONJ
cjal-3204	421	16	builder	builder	NOUN
cjal-3204	421	17	,	,	PUNCT
cjal-3204	421	18	who	who	PRON
cjal-3204	421	19	then	then	ADV
cjal-3204	421	20	sells	sell	VERB
cjal-3204	421	21	the	the	DET
cjal-3204	421	22	property	property	NOUN
cjal-3204	421	23	to	to	ADP
cjal-3204	421	24	a	a	DET
cjal-3204	421	25	consumer	consumer	NOUN
cjal-3204	421	26	upon	upon	SCONJ
cjal-3204	421	27	completion	completion	NOUN
cjal-3204	421	28	of	of	ADP
cjal-3204	421	29	construction	construction	NOUN
cjal-3204	421	30	.	.	PUNCT
cjal-3204	422	1	they	they	PRON
cjal-3204	422	2	suggest	suggest	VERB
cjal-3204	422	3	that	that	SCONJ
cjal-3204	422	4	if	if	SCONJ
cjal-3204	422	5	the	the	DET
cjal-3204	422	6	lender	lender	NOUN
cjal-3204	422	7	were	be	AUX
cjal-3204	422	8	permitted	permit	VERB
cjal-3204	422	9	to	to	PART
cjal-3204	422	10	retain	retain	VERB
cjal-3204	422	11	the	the	DET
cjal-3204	422	12	benefits	benefit	NOUN
cjal-3204	422	13	of	of	ADP
cjal-3204	422	14	the	the	DET
cjal-3204	422	15	loan	loan	NOUN
cjal-3204	422	16	after	after	SCONJ
cjal-3204	422	17	the	the	DET
cjal-3204	422	18	property	property	NOUN
cjal-3204	422	19	was	be	AUX
cjal-3204	422	20	sold	sell	VERB
cjal-3204	422	21	,	,	PUNCT
cjal-3204	422	22	the	the	DET
cjal-3204	422	23	lender	lender	NOUN
cjal-3204	422	24	would	would	AUX
cjal-3204	422	25	have	have	VERB
cjal-3204	422	26	an	an	DET
cjal-3204	422	27	opportunity	opportunity	NOUN
cjal-3204	422	28	to	to	PART
cjal-3204	422	29	speculate	speculate	VERB
cjal-3204	422	30	on	on	ADP
cjal-3204	422	31	the	the	DET
cjal-3204	422	32	security	security	NOUN
cjal-3204	422	33	value	value	NOUN
cjal-3204	422	34	of	of	ADP
cjal-3204	422	35	the	the	DET
cjal-3204	422	36	property	property	NOUN
cjal-3204	422	37	an	an	DET
cjal-3204	422	38	opportunity	opportunity	NOUN
cjal-3204	422	39	that	that	SCONJ
cjal-3204	422	40	the	the	DET
cjal-3204	422	41	chinese	chinese	ADJ
cjal-3204	422	42	leadership	leadership	NOUN
cjal-3204	422	43	considers	consider	VERB
cjal-3204	422	44	undesirable	undesirable	ADJ
cjal-3204	422	45	from	from	ADP
cjal-3204	422	46	a	a	DET
cjal-3204	422	47	policy	policy	NOUN
cjal-3204	422	48	viewpoint.5	viewpoint.5	NOUN
cjal-3204	422	49	7	7	NUM
cjal-3204	422	50	i	i	PRON
cjal-3204	422	51	do	do	AUX
cjal-3204	422	52	not	not	PART
cjal-3204	422	53	think	think	VERB
cjal-3204	422	54	this	this	DET
cjal-3204	422	55	explanation	explanation	NOUN
cjal-3204	422	56	is	be	AUX
cjal-3204	422	57	persuasive	persuasive	ADJ
cjal-3204	422	58	.	.	PUNCT
cjal-3204	423	1	with	with	ADP
cjal-3204	423	2	any	any	DET
cjal-3204	423	3	loan	loan	NOUN
cjal-3204	423	4	made	make	VERB
cjal-3204	423	5	to	to	PART
cjal-3204	423	6	finance	finance	VERB
cjal-3204	423	7	construction	construction	NOUN
cjal-3204	423	8	,	,	PUNCT
cjal-3204	423	9	the	the	DET
cjal-3204	423	10	lender	lender	NOUN
cjal-3204	423	11	contemplates	contemplate	VERB
cjal-3204	423	12	that	that	SCONJ
cjal-3204	423	13	the	the	DET
cjal-3204	423	14	value	value	NOUN
cjal-3204	423	15	of	of	ADP
cjal-3204	423	16	the	the	DET
cjal-3204	423	17	property	property	NOUN
cjal-3204	423	18	will	will	AUX
cjal-3204	423	19	increase	increase	VERB
cjal-3204	423	20	as	as	SCONJ
cjal-3204	423	21	the	the	DET
cjal-3204	423	22	loan	loan	NOUN
cjal-3204	423	23	is	be	AUX
cjal-3204	423	24	disbursed	disburse	VERB
cjal-3204	423	25	,	,	PUNCT
cjal-3204	423	26	and	and	CCONJ
cjal-3204	423	27	that	that	SCONJ
cjal-3204	423	28	the	the	DET
cjal-3204	423	29	property	property	NOUN
cjal-3204	423	30	when	when	SCONJ
cjal-3204	423	31	53	53	NUM
cjal-3204	423	32	.	.	PUNCT
cjal-3204	424	1	see	see	VERB
cjal-3204	424	2	godwin	godwin	PROPN
cjal-3204	424	3	,	,	PUNCT
cjal-3204	424	4	supra	supra	PROPN
cjal-3204	424	5	note	note	NOUN
cjal-3204	424	6	2	2	NUM
cjal-3204	424	7	,	,	PUNCT
cjal-3204	424	8	at	at	ADP
cjal-3204	424	9	104	104	NUM
cjal-3204	424	10	-	-	SYM
cjal-3204	424	11	108	108	NUM
cjal-3204	424	12	.	.	PUNCT
cjal-3204	425	1	one	one	PRON
cjal-3204	425	2	might	might	AUX
cjal-3204	425	3	infer	infer	VERB
cjal-3204	425	4	from	from	ADP
cjal-3204	425	5	the	the	DET
cjal-3204	425	6	legislative	legislative	ADJ
cjal-3204	425	7	statement	statement	NOUN
cjal-3204	425	8	of	of	ADP
cjal-3204	425	9	the	the	DET
cjal-3204	425	10	lender	lender	NOUN
cjal-3204	425	11	's	's	PART
cjal-3204	425	12	right	right	NOUN
cjal-3204	425	13	to	to	PART
cjal-3204	425	14	consent	consent	VERB
cjal-3204	425	15	to	to	ADP
cjal-3204	425	16	a	a	DET
cjal-3204	425	17	transfer	transfer	NOUN
cjal-3204	425	18	that	that	PRON
cjal-3204	425	19	the	the	DET
cjal-3204	425	20	mortgage	mortgage	NOUN
cjal-3204	425	21	will	will	AUX
cjal-3204	425	22	cease	cease	VERB
cjal-3204	425	23	to	to	PART
cjal-3204	425	24	encumber	encumber	VERB
cjal-3204	425	25	the	the	DET
cjal-3204	425	26	land	land	NOUN
cjal-3204	425	27	after	after	SCONJ
cjal-3204	425	28	the	the	DET
cjal-3204	425	29	transfer	transfer	NOUN
cjal-3204	425	30	is	be	AUX
cjal-3204	425	31	made	make	VERB
cjal-3204	425	32	.	.	PUNCT
cjal-3204	426	1	but	but	CCONJ
cjal-3204	426	2	this	this	DET
cjal-3204	426	3	interpretation	interpretation	NOUN
cjal-3204	426	4	is	be	AUX
cjal-3204	426	5	by	by	ADP
cjal-3204	426	6	no	no	DET
cjal-3204	426	7	means	mean	NOUN
cjal-3204	426	8	certain	certain	ADJ
cjal-3204	426	9	.	.	PUNCT
cjal-3204	427	1	godwin	godwin	PROPN
cjal-3204	427	2	appears	appear	VERB
cjal-3204	427	3	to	to	PART
cjal-3204	427	4	be	be	AUX
cjal-3204	427	5	unfamiliar	unfamiliar	ADJ
cjal-3204	427	6	vith	vith	ADP
cjal-3204	427	7	the	the	DET
cjal-3204	427	8	due	due	ADJ
cjal-3204	427	9	-	-	PUNCT
cjal-3204	427	10	on	on	ADP
cjal-3204	427	11	-	-	PUNCT
cjal-3204	427	12	sale	sale	NOUN
cjal-3204	427	13	controversy	controversy	NOUN
cjal-3204	427	14	in	in	ADP
cjal-3204	427	15	the	the	DET
cjal-3204	427	16	united	united	PROPN
cjal-3204	427	17	states	states	PROPN
cjal-3204	427	18	,	,	PUNCT
cjal-3204	427	19	and	and	CCONJ
cjal-3204	427	20	does	do	AUX
cjal-3204	427	21	not	not	PART
cjal-3204	427	22	recognize	recognize	VERB
cjal-3204	427	23	the	the	DET
cjal-3204	427	24	legitimacy	legitimacy	NOUN
cjal-3204	427	25	of	of	ADP
cjal-3204	427	26	the	the	DET
cjal-3204	427	27	lender	lender	NOUN
cjal-3204	427	28	's	's	PART
cjal-3204	427	29	right	right	NOUN
cjal-3204	427	30	to	to	PART
cjal-3204	427	31	consent	consent	VERB
cjal-3204	427	32	if	if	SCONJ
cjal-3204	427	33	the	the	DET
cjal-3204	427	34	property	property	NOUN
cjal-3204	427	35	is	be	AUX
cjal-3204	427	36	transferred	transfer	VERB
cjal-3204	427	37	subject	subject	ADJ
cjal-3204	427	38	to	to	ADP
cjal-3204	427	39	the	the	DET
cjal-3204	427	40	mortgage	mortgage	NOUN
cjal-3204	427	41	.	.	PUNCT
cjal-3204	428	1	54	54	NUM
cjal-3204	428	2	.	.	PUNCT
cjal-3204	428	3	see	see	VERB
cjal-3204	428	4	2000	2000	NUM
cjal-3204	428	5	interpretations	interpretation	NOUN
cjal-3204	428	6	,	,	PUNCT
cjal-3204	428	7	article	article	NOUN
cjal-3204	428	8	67	67	NUM
cjal-3204	428	9	:	:	PUNCT
cjal-3204	428	10	"	"	PUNCT
cjal-3204	428	11	if	if	SCONJ
cjal-3204	428	12	the	the	DET
cjal-3204	428	13	mortgagor	mortgagor	NOUN
cjal-3204	428	14	assigns	assign	VERB
cjal-3204	428	15	the	the	DET
cjal-3204	428	16	mortgaged	mortgaged	ADJ
cjal-3204	428	17	property	property	NOUN
cjal-3204	428	18	during	during	ADP
cjal-3204	428	19	the	the	DET
cjal-3204	428	20	existence	existence	NOUN
cjal-3204	428	21	of	of	ADP
cjal-3204	428	22	the	the	DET
cjal-3204	428	23	mortgage	mortgage	NOUN
cjal-3204	428	24	without	without	ADP
cjal-3204	428	25	notifying	notify	VERB
cjal-3204	428	26	the	the	DET
cjal-3204	428	27	mortgagee	mortgagee	NOUN
cjal-3204	428	28	or	or	CCONJ
cjal-3204	428	29	informing	inform	VERB
cjal-3204	428	30	the	the	DET
cjal-3204	428	31	assignee	assignee	NOUN
cjal-3204	428	32	[	[	X
cjal-3204	428	33	that	that	SCONJ
cjal-3204	428	34	the	the	DET
cjal-3204	428	35	property	property	NOUN
cjal-3204	428	36	is	be	AUX
cjal-3204	428	37	mortgaged	mortgage	VERB
cjal-3204	428	38	?	?	PUNCT
cjal-3204	429	1	author	author	NOUN
cjal-3204	429	2	]	]	X
cjal-3204	429	3	,	,	PUNCT
cjal-3204	429	4	the	the	DET
cjal-3204	429	5	mortgagee	mortgagee	NOUN
cjal-3204	429	6	may	may	AUX
cjal-3204	429	7	still	still	ADV
cjal-3204	429	8	exercise	exercise	VERB
cjal-3204	429	9	his	his	PRON
cjal-3204	429	10	mortgage	mortgage	NOUN
cjal-3204	429	11	rights	right	NOUN
cjal-3204	429	12	if	if	SCONJ
cjal-3204	429	13	the	the	DET
cjal-3204	429	14	mortgaged	mortgaged	ADJ
cjal-3204	429	15	property	property	NOUN
cjal-3204	429	16	has	have	AUX
cjal-3204	429	17	been	be	AUX
cjal-3204	429	18	registered	register	VERB
cjal-3204	429	19	.	.	PUNCT
cjal-3204	429	20	"	"	PUNCT
cjal-3204	430	1	55	55	NUM
cjal-3204	430	2	.	.	PUNCT
cjal-3204	431	1	i	i	PRON
cjal-3204	431	2	d	d	PROPN
cjal-3204	431	3	56	56	NUM
cjal-3204	431	4	.	.	PUNCT
cjal-3204	432	1	see	see	VERB
cjal-3204	432	2	supra	supra	PROPN
cjal-3204	432	3	note	note	PROPN
cjal-3204	432	4	27	27	NUM
cjal-3204	432	5	.	.	PUNCT
cjal-3204	433	1	57	57	NUM
cjal-3204	433	2	.	.	PUNCT
cjal-3204	434	1	randolph	randolph	PROPN
cjal-3204	434	2	&	&	CCONJ
cjal-3204	434	3	lou	lou	PROPN
cjal-3204	434	4	,	,	PUNCT
cjal-3204	434	5	supra	supra	PROPN
cjal-3204	434	6	note	note	NOUN
cjal-3204	434	7	2	2	NUM
cjal-3204	434	8	,	,	PUNCT
cjal-3204	434	9	§	§	PROPN
cjal-3204	434	10	8.8.2.2	8.8.2.2	NUM
cjal-3204	434	11	at	at	ADP
cjal-3204	434	12	n.190	n.190	NOUN
cjal-3204	434	13	.	.	PUNCT
cjal-3204	435	1	2001	2001	NUM
cjal-3204	435	2	]	]	PUNCT
cjal-3204	435	3	columbia	columbia	PROPN
cjal-3204	435	4	journal	journal	PROPN
cjal-3204	435	5	of	of	ADP
cjal-3204	435	6	asian	asian	ADJ
cjal-3204	435	7	law	law	NOUN
cjal-3204	435	8	finished	finish	VERB
cjal-3204	435	9	will	will	AUX
cjal-3204	435	10	have	have	VERB
cjal-3204	435	11	a	a	DET
cjal-3204	435	12	value	value	NOUN
cjal-3204	435	13	adequate	adequate	ADJ
cjal-3204	435	14	to	to	PART
cjal-3204	435	15	secure	secure	VERB
cjal-3204	435	16	the	the	DET
cjal-3204	435	17	full	full	ADJ
cjal-3204	435	18	loan	loan	NOUN
cjal-3204	435	19	amount	amount	NOUN
cjal-3204	435	20	with	with	ADP
cjal-3204	435	21	some	some	DET
cjal-3204	435	22	reasonable	reasonable	ADJ
cjal-3204	435	23	cushion	cushion	NOUN
cjal-3204	435	24	of	of	ADP
cjal-3204	435	25	security	security	NOUN
cjal-3204	435	26	.	.	PUNCT
cjal-3204	436	1	what	what	PRON
cjal-3204	436	2	is	be	AUX
cjal-3204	436	3	speculative	speculative	ADJ
cjal-3204	436	4	about	about	ADP
cjal-3204	436	5	the	the	DET
cjal-3204	436	6	lender	lender	NOUN
cjal-3204	436	7	's	's	PART
cjal-3204	436	8	willingness	willingness	NOUN
cjal-3204	436	9	to	to	PART
cjal-3204	436	10	continue	continue	VERB
cjal-3204	436	11	to	to	PART
cjal-3204	436	12	hold	hold	VERB
cjal-3204	436	13	the	the	DET
cjal-3204	436	14	loan	loan	NOUN
cjal-3204	436	15	after	after	SCONJ
cjal-3204	436	16	the	the	DET
cjal-3204	436	17	property	property	NOUN
cjal-3204	436	18	has	have	AUX
cjal-3204	436	19	passed	pass	VERB
cjal-3204	436	20	from	from	ADP
cjal-3204	436	21	the	the	DET
cjal-3204	436	22	builder	builder	NOUN
cjal-3204	436	23	to	to	ADP
cjal-3204	436	24	the	the	DET
cjal-3204	436	25	first	first	ADJ
cjal-3204	436	26	occupant	occupant	NOUN
cjal-3204	436	27	...	...	PUNCT
cjal-3204	436	28	or	or	CCONJ
cjal-3204	436	29	for	for	ADP
cjal-3204	436	30	that	that	DET
cjal-3204	436	31	matter	matter	NOUN
cjal-3204	436	32	,	,	PUNCT
cjal-3204	436	33	to	to	AUX
cjal-3204	436	34	later	later	ADV
cjal-3204	436	35	occupants	occupant	NOUN
cjal-3204	436	36	?	?	PUNCT
cjal-3204	437	1	ordinary	ordinary	ADJ
cjal-3204	437	2	variations	variation	NOUN
cjal-3204	437	3	in	in	ADP
cjal-3204	437	4	market	market	NOUN
cjal-3204	437	5	value	value	NOUN
cjal-3204	437	6	of	of	ADP
cjal-3204	437	7	the	the	DET
cjal-3204	437	8	property	property	NOUN
cjal-3204	437	9	may	may	AUX
cjal-3204	437	10	occur	occur	VERB
cjal-3204	437	11	after	after	ADP
cjal-3204	437	12	the	the	DET
cjal-3204	437	13	transfer	transfer	NOUN
cjal-3204	437	14	,	,	PUNCT
cjal-3204	437	15	just	just	ADV
cjal-3204	437	16	as	as	SCONJ
cjal-3204	437	17	they	they	PRON
cjal-3204	437	18	may	may	AUX
cjal-3204	437	19	have	have	AUX
cjal-3204	437	20	occurred	occur	VERB
cjal-3204	437	21	before	before	ADP
cjal-3204	437	22	the	the	DET
cjal-3204	437	23	transfer	transfer	NOUN
cjal-3204	437	24	,	,	PUNCT
cjal-3204	437	25	but	but	CCONJ
cjal-3204	437	26	it	it	PRON
cjal-3204	437	27	is	be	AUX
cjal-3204	437	28	hard	hard	ADJ
cjal-3204	437	29	to	to	PART
cjal-3204	437	30	see	see	VERB
cjal-3204	437	31	what	what	PRON
cjal-3204	437	32	socially	socially	ADV
cjal-3204	437	33	undesirable	undesirable	ADJ
cjal-3204	437	34	results	result	NOUN
cjal-3204	437	35	follow	follow	VERB
cjal-3204	437	36	from	from	ADP
cjal-3204	437	37	the	the	DET
cjal-3204	437	38	lender	lender	NOUN
cjal-3204	437	39	's	's	PART
cjal-3204	437	40	continuing	continue	VERB
cjal-3204	437	41	to	to	PART
cjal-3204	437	42	hold	hold	VERB
cjal-3204	437	43	the	the	DET
cjal-3204	437	44	loan	loan	NOUN
cjal-3204	437	45	.	.	PUNCT
cjal-3204	438	1	if	if	SCONJ
cjal-3204	438	2	the	the	DET
cjal-3204	438	3	present	present	ADJ
cjal-3204	438	4	chinese	chinese	ADJ
cjal-3204	438	5	rule	rule	NOUN
cjal-3204	438	6	indeed	indeed	ADV
cjal-3204	438	7	requires	require	VERB
cjal-3204	438	8	that	that	SCONJ
cjal-3204	438	9	the	the	DET
cjal-3204	438	10	proceeds	proceed	NOUN
cjal-3204	438	11	of	of	ADP
cjal-3204	438	12	sale	sale	NOUN
cjal-3204	438	13	must	must	AUX
cjal-3204	438	14	be	be	AUX
cjal-3204	438	15	applied	apply	VERB
cjal-3204	438	16	to	to	PART
cjal-3204	438	17	reduce	reduce	VERB
cjal-3204	438	18	or	or	CCONJ
cjal-3204	438	19	retire	retire	VERB
cjal-3204	438	20	the	the	DET
cjal-3204	438	21	mortgage	mortgage	NOUN
cjal-3204	438	22	,	,	PUNCT
cjal-3204	438	23	its	its	PRON
cjal-3204	438	24	effect	effect	NOUN
cjal-3204	438	25	is	be	AUX
cjal-3204	438	26	to	to	PART
cjal-3204	438	27	force	force	VERB
cjal-3204	438	28	every	every	DET
cjal-3204	438	29	buyer	buyer	NOUN
cjal-3204	438	30	of	of	ADP
cjal-3204	438	31	real	real	ADJ
cjal-3204	438	32	estate	estate	NOUN
cjal-3204	438	33	who	who	PRON
cjal-3204	438	34	can	can	AUX
cjal-3204	438	35	not	not	PART
cjal-3204	438	36	afford	afford	VERB
cjal-3204	438	37	to	to	PART
cjal-3204	438	38	pay	pay	VERB
cjal-3204	438	39	the	the	DET
cjal-3204	438	40	purchase	purchase	NOUN
cjal-3204	438	41	price	price	NOUN
cjal-3204	438	42	in	in	ADP
cjal-3204	438	43	cash	cash	NOUN
cjal-3204	438	44	to	to	PART
cjal-3204	438	45	obtain	obtain	VERB
cjal-3204	438	46	her	she	PRON
cjal-3204	438	47	or	or	CCONJ
cjal-3204	438	48	his	his	PRON
cjal-3204	438	49	own	own	ADJ
cjal-3204	438	50	new	new	ADJ
cjal-3204	438	51	mortgage	mortgage	NOUN
cjal-3204	438	52	loan	loan	NOUN
cjal-3204	438	53	to	to	PART
cjal-3204	438	54	finance	finance	VERB
cjal-3204	438	55	the	the	DET
cjal-3204	438	56	purchase	purchase	NOUN
cjal-3204	438	57	.	.	PUNCT
cjal-3204	439	1	by	by	ADP
cjal-3204	439	2	comparison	comparison	NOUN
cjal-3204	439	3	,	,	PUNCT
cjal-3204	439	4	in	in	ADP
cjal-3204	439	5	the	the	DET
cjal-3204	439	6	united	united	PROPN
cjal-3204	439	7	states	states	PROPN
cjal-3204	439	8	the	the	DET
cjal-3204	439	9	existing	exist	VERB
cjal-3204	439	10	lender	lender	NOUN
cjal-3204	439	11	may	may	AUX
cjal-3204	439	12	,	,	PUNCT
cjal-3204	439	13	at	at	ADP
cjal-3204	439	14	its	its	PRON
cjal-3204	439	15	option	option	NOUN
cjal-3204	439	16	,	,	PUNCT
cjal-3204	439	17	either	either	CCONJ
cjal-3204	439	18	insist	insist	VERB
cjal-3204	439	19	upon	upon	SCONJ
cjal-3204	439	20	a	a	DET
cjal-3204	439	21	payoff	payoff	NOUN
cjal-3204	439	22	of	of	ADP
cjal-3204	439	23	the	the	DET
cjal-3204	439	24	loan	loan	NOUN
cjal-3204	439	25	or	or	CCONJ
cjal-3204	439	26	continue	continue	VERB
cjal-3204	439	27	to	to	PART
cjal-3204	439	28	hold	hold	VERB
cjal-3204	439	29	it	it	PRON
cjal-3204	439	30	,	,	PUNCT
cjal-3204	439	31	substituting	substitute	VERB
cjal-3204	439	32	the	the	DET
cjal-3204	439	33	new	new	ADJ
cjal-3204	439	34	owner	owner	NOUN
cjal-3204	439	35	for	for	ADP
cjal-3204	439	36	the	the	DET
cjal-3204	439	37	old	old	ADJ
cjal-3204	439	38	as	as	ADP
cjal-3204	439	39	the	the	DET
cjal-3204	439	40	person	person	NOUN
cjal-3204	439	41	expected	expect	VERB
cjal-3204	439	42	to	to	PART
cjal-3204	439	43	make	make	VERB
cjal-3204	439	44	the	the	DET
cjal-3204	439	45	required	require	VERB
cjal-3204	439	46	payments	payment	NOUN
cjal-3204	439	47	.	.	PUNCT
cjal-3204	440	1	are	be	AUX
cjal-3204	440	2	there	there	PRON
cjal-3204	440	3	advantages	advantage	NOUN
cjal-3204	440	4	to	to	ADP
cjal-3204	440	5	the	the	DET
cjal-3204	440	6	latter	latter	ADJ
cjal-3204	440	7	system	system	NOUN
cjal-3204	440	8	?	?	PUNCT
cjal-3204	441	1	i	i	PRON
cjal-3204	441	2	would	would	AUX
cjal-3204	441	3	suggest	suggest	VERB
cjal-3204	441	4	that	that	SCONJ
cjal-3204	441	5	there	there	PRON
cjal-3204	441	6	are	be	VERB
cjal-3204	441	7	.	.	PUNCT
cjal-3204	442	1	when	when	SCONJ
cjal-3204	442	2	a	a	DET
cjal-3204	442	3	lender	lender	NOUN
cjal-3204	442	4	is	be	AUX
cjal-3204	442	5	asked	ask	VERB
cjal-3204	442	6	to	to	PART
cjal-3204	442	7	make	make	VERB
cjal-3204	442	8	a	a	DET
cjal-3204	442	9	new	new	ADJ
cjal-3204	442	10	loan	loan	NOUN
cjal-3204	442	11	,	,	PUNCT
cjal-3204	442	12	it	it	PRON
cjal-3204	442	13	must	must	AUX
cjal-3204	442	14	first	first	ADV
cjal-3204	442	15	"	"	PUNCT
cjal-3204	442	16	underwrite	underwrite	VERB
cjal-3204	442	17	"	"	PUNCT
cjal-3204	442	18	the	the	DET
cjal-3204	442	19	loan	loan	NOUN
cjal-3204	442	20	that	that	PRON
cjal-3204	442	21	is	be	AUX
cjal-3204	442	22	,	,	PUNCT
cjal-3204	442	23	it	it	PRON
cjal-3204	442	24	must	must	AUX
cjal-3204	442	25	assess	assess	VERB
cjal-3204	442	26	the	the	DET
cjal-3204	442	27	risks	risk	NOUN
cjal-3204	442	28	associated	associate	VERB
cjal-3204	442	29	with	with	ADP
cjal-3204	442	30	the	the	DET
cjal-3204	442	31	loan	loan	NOUN
cjal-3204	442	32	and	and	CCONJ
cjal-3204	442	33	decide	decide	VERB
cjal-3204	442	34	whether	whether	SCONJ
cjal-3204	442	35	they	they	PRON
cjal-3204	442	36	are	be	AUX
cjal-3204	442	37	acceptable	acceptable	ADJ
cjal-3204	442	38	.	.	PUNCT
cjal-3204	443	1	the	the	DET
cjal-3204	443	2	assessment	assessment	NOUN
cjal-3204	443	3	typically	typically	ADV
cjal-3204	443	4	focuses	focus	VERB
cjal-3204	443	5	on	on	ADP
cjal-3204	443	6	two	two	NUM
cjal-3204	443	7	features	feature	NOUN
cjal-3204	443	8	of	of	ADP
cjal-3204	443	9	the	the	DET
cjal-3204	443	10	loan	loan	NOUN
cjal-3204	443	11	:	:	PUNCT
cjal-3204	443	12	the	the	DET
cjal-3204	443	13	value	value	NOUN
cjal-3204	443	14	of	of	ADP
cjal-3204	443	15	the	the	DET
cjal-3204	443	16	property	property	NOUN
cjal-3204	443	17	and	and	CCONJ
cjal-3204	443	18	the	the	DET
cjal-3204	443	19	borrower	borrower	NOUN
cjal-3204	443	20	's	's	PART
cjal-3204	443	21	willingness	willingness	NOUN
cjal-3204	443	22	and	and	CCONJ
cjal-3204	443	23	ability	ability	NOUN
cjal-3204	443	24	to	to	PART
cjal-3204	443	25	repay	repay	VERB
cjal-3204	443	26	.	.	PUNCT
cjal-3204	444	1	the	the	DET
cjal-3204	444	2	value	value	NOUN
cjal-3204	444	3	is	be	AUX
cjal-3204	444	4	determined	determine	VERB
cjal-3204	444	5	by	by	ADP
cjal-3204	444	6	means	mean	NOUN
cjal-3204	444	7	of	of	ADP
cjal-3204	444	8	an	an	DET
cjal-3204	444	9	appraisal	appraisal	NOUN
cjal-3204	444	10	and	and	CCONJ
cjal-3204	444	11	a	a	DET
cjal-3204	444	12	review	review	NOUN
cjal-3204	444	13	of	of	ADP
cjal-3204	444	14	the	the	DET
cjal-3204	444	15	title	title	NOUN
cjal-3204	444	16	to	to	ADP
cjal-3204	444	17	the	the	DET
cjal-3204	444	18	property	property	NOUN
cjal-3204	444	19	,	,	PUNCT
cjal-3204	444	20	while	while	SCONJ
cjal-3204	444	21	the	the	DET
cjal-3204	444	22	borrower	borrower	NOUN
cjal-3204	444	23	's	's	PART
cjal-3204	444	24	willingness	willingness	NOUN
cjal-3204	444	25	and	and	CCONJ
cjal-3204	444	26	ability	ability	NOUN
cjal-3204	444	27	to	to	PART
cjal-3204	444	28	pay	pay	VERB
cjal-3204	444	29	are	be	AUX
cjal-3204	444	30	assessed	assess	VERB
cjal-3204	444	31	by	by	ADP
cjal-3204	444	32	obtaining	obtain	VERB
cjal-3204	444	33	a	a	DET
cjal-3204	444	34	loan	loan	NOUN
cjal-3204	444	35	application	application	NOUN
cjal-3204	444	36	from	from	ADP
cjal-3204	444	37	the	the	DET
cjal-3204	444	38	transferee	transferee	NOUN
cjal-3204	444	39	,	,	PUNCT
cjal-3204	444	40	reviewing	review	VERB
cjal-3204	444	41	a	a	DET
cjal-3204	444	42	credit	credit	NOUN
cjal-3204	444	43	report	report	NOUN
cjal-3204	444	44	on	on	ADP
cjal-3204	444	45	him	he	PRON
cjal-3204	444	46	or	or	CCONJ
cjal-3204	444	47	her	her	PRON
cjal-3204	444	48	,	,	PUNCT
cjal-3204	444	49	and	and	CCONJ
cjal-3204	444	50	verifying	verify	VERB
cjal-3204	444	51	the	the	DET
cjal-3204	444	52	proposed	propose	VERB
cjal-3204	444	53	transferee	transferee	NOUN
cjal-3204	444	54	's	's	PART
cjal-3204	444	55	employment	employment	NOUN
cjal-3204	444	56	and	and	CCONJ
cjal-3204	444	57	income	income	NOUN
cjal-3204	444	58	.	.	PUNCT
cjal-3204	445	1	8	8	NUM
cjal-3204	445	2	(	(	PUNCT
cjal-3204	445	3	this	this	DET
cjal-3204	445	4	statement	statement	NOUN
cjal-3204	445	5	describes	describe	VERB
cjal-3204	445	6	the	the	DET
cjal-3204	445	7	process	process	NOUN
cjal-3204	445	8	for	for	ADP
cjal-3204	445	9	residential	residential	ADJ
cjal-3204	445	10	loans	loan	NOUN
cjal-3204	445	11	;	;	PUNCT
cjal-3204	445	12	loans	loan	NOUN
cjal-3204	445	13	on	on	ADP
cjal-3204	445	14	commercial	commercial	ADJ
cjal-3204	445	15	property	property	NOUN
cjal-3204	445	16	involve	involve	VERB
cjal-3204	445	17	more	more	ADV
cjal-3204	445	18	flexible	flexible	ADJ
cjal-3204	445	19	and	and	CCONJ
cjal-3204	445	20	varied	varied	ADJ
cjal-3204	445	21	methods	method	NOUN
cjal-3204	445	22	of	of	ADP
cjal-3204	445	23	underwriting	underwriting	NOUN
cjal-3204	445	24	.	.	PUNCT
cjal-3204	445	25	)	)	PUNCT
cjal-3204	446	1	now	now	ADV
cjal-3204	446	2	consider	consider	VERB
cjal-3204	446	3	a	a	DET
cjal-3204	446	4	lender	lender	NOUN
cjal-3204	446	5	who	who	PRON
cjal-3204	446	6	is	be	AUX
cjal-3204	446	7	asked	ask	VERB
cjal-3204	446	8	to	to	PART
cjal-3204	446	9	permit	permit	VERB
cjal-3204	446	10	a	a	DET
cjal-3204	446	11	transferee	transferee	NOUN
cjal-3204	446	12	to	to	PART
cjal-3204	446	13	take	take	VERB
cjal-3204	446	14	over	over	ADP
cjal-3204	446	15	the	the	DET
cjal-3204	446	16	payments	payment	NOUN
cjal-3204	446	17	on	on	ADP
cjal-3204	446	18	an	an	DET
cjal-3204	446	19	existing	exist	VERB
cjal-3204	446	20	loan	loan	NOUN
cjal-3204	446	21	.	.	PUNCT
cjal-3204	447	1	the	the	DET
cjal-3204	447	2	lender	lender	NOUN
cjal-3204	447	3	must	must	AUX
cjal-3204	447	4	,	,	PUNCT
cjal-3204	447	5	of	of	ADP
cjal-3204	447	6	course	course	NOUN
cjal-3204	447	7	,	,	PUNCT
cjal-3204	447	8	underwrite	underwrite	VERB
cjal-3204	447	9	the	the	DET
cjal-3204	447	10	transferee	transferee	NOUN
cjal-3204	447	11	's	's	PART
cjal-3204	447	12	personal	personal	ADJ
cjal-3204	447	13	ability	ability	NOUN
cjal-3204	447	14	to	to	PART
cjal-3204	447	15	pay	pay	VERB
cjal-3204	447	16	,	,	PUNCT
cjal-3204	447	17	using	use	VERB
cjal-3204	447	18	the	the	DET
cjal-3204	447	19	same	same	ADJ
cjal-3204	447	20	methods	method	NOUN
cjal-3204	447	21	described	describe	VERB
cjal-3204	447	22	above	above	ADV
cjal-3204	447	23	as	as	ADP
cjal-3204	447	24	applicable	applicable	ADJ
cjal-3204	447	25	to	to	ADP
cjal-3204	447	26	a	a	DET
cjal-3204	447	27	new	new	ADJ
cjal-3204	447	28	loan	loan	NOUN
cjal-3204	447	29	.	.	PUNCT
cjal-3204	448	1	however	however	ADV
cjal-3204	448	2	,	,	PUNCT
cjal-3204	448	3	the	the	DET
cjal-3204	448	4	lender	lender	NOUN
cjal-3204	448	5	contemplating	contemplate	VERB
cjal-3204	448	6	approval	approval	NOUN
cjal-3204	448	7	of	of	ADP
cjal-3204	448	8	a	a	DET
cjal-3204	448	9	transferee	transferee	NOUN
cjal-3204	448	10	to	to	PART
cjal-3204	448	11	take	take	VERB
cjal-3204	448	12	over	over	ADP
cjal-3204	448	13	the	the	DET
cjal-3204	448	14	loan	loan	NOUN
cjal-3204	448	15	need	need	AUX
cjal-3204	448	16	not	not	PART
cjal-3204	448	17	be	be	AUX
cjal-3204	448	18	concerned	concern	VERB
cjal-3204	448	19	with	with	ADP
cjal-3204	448	20	underwriting	underwrite	VERB
cjal-3204	448	21	the	the	DET
cjal-3204	448	22	value	value	NOUN
cjal-3204	448	23	of	of	ADP
cjal-3204	448	24	the	the	DET
cjal-3204	448	25	property	property	NOUN
cjal-3204	448	26	.	.	PUNCT
cjal-3204	449	1	the	the	DET
cjal-3204	449	2	reason	reason	NOUN
cjal-3204	449	3	is	be	AUX
cjal-3204	449	4	that	that	SCONJ
cjal-3204	449	5	it	it	PRON
cjal-3204	449	6	already	already	ADV
cjal-3204	449	7	holds	hold	VERB
cjal-3204	449	8	the	the	DET
cjal-3204	449	9	mortgage	mortgage	NOUN
cjal-3204	449	10	on	on	ADP
cjal-3204	449	11	that	that	DET
cjal-3204	449	12	property	property	NOUN
cjal-3204	449	13	.	.	PUNCT
cjal-3204	450	1	the	the	DET
cjal-3204	450	2	property	property	NOUN
cjal-3204	450	3	has	have	AUX
cjal-3204	450	4	already	already	ADV
cjal-3204	450	5	been	be	AUX
cjal-3204	450	6	appraised	appraise	VERB
cjal-3204	450	7	in	in	ADP
cjal-3204	450	8	the	the	DET
cjal-3204	450	9	past	past	NOUN
cjal-3204	450	10	,	,	PUNCT
cjal-3204	450	11	and	and	CCONJ
cjal-3204	450	12	unless	unless	SCONJ
cjal-3204	450	13	there	there	PRON
cjal-3204	450	14	has	have	AUX
cjal-3204	450	15	been	be	AUX
cjal-3204	450	16	unusual	unusual	ADJ
cjal-3204	450	17	deflation	deflation	NOUN
cjal-3204	450	18	of	of	ADP
cjal-3204	450	19	real	real	ADJ
cjal-3204	450	20	estate	estate	NOUN
cjal-3204	450	21	prices	price	NOUN
cjal-3204	450	22	since	since	SCONJ
cjal-3204	450	23	that	that	DET
cjal-3204	450	24	time	time	NOUN
cjal-3204	450	25	,	,	PUNCT
cjal-3204	450	26	there	there	PRON
cjal-3204	450	27	is	be	VERB
cjal-3204	450	28	ordinarily	ordinarily	ADV
cjal-3204	450	29	no	no	DET
cjal-3204	450	30	need	need	NOUN
cjal-3204	450	31	for	for	ADP
cjal-3204	450	32	a	a	DET
cjal-3204	450	33	reappraisal	reappraisal	NOUN
cjal-3204	450	34	.	.	PUNCT
cjal-3204	451	1	the	the	DET
cjal-3204	451	2	acceptability	acceptability	NOUN
cjal-3204	451	3	of	of	ADP
cjal-3204	451	4	the	the	DET
cjal-3204	451	5	property	property	NOUN
cjal-3204	451	6	's	's	PART
cjal-3204	451	7	title	title	NOUN
cjal-3204	451	8	has	have	AUX
cjal-3204	451	9	already	already	ADV
cjal-3204	451	10	been	be	AUX
cjal-3204	451	11	determined	determine	VERB
cjal-3204	451	12	,	,	PUNCT
cjal-3204	451	13	and	and	CCONJ
cjal-3204	451	14	the	the	DET
cjal-3204	451	15	mortgage	mortgage	NOUN
cjal-3204	451	16	has	have	AUX
cjal-3204	451	17	already	already	ADV
cjal-3204	451	18	been	be	AUX
cjal-3204	451	19	recorded	record	VERB
cjal-3204	451	20	so	so	SCONJ
cjal-3204	451	21	as	as	ADP
cjal-3204	451	22	to	to	ADP
cjal-3204	451	23	58	58	NUM
cjal-3204	451	24	.	.	PUNCT
cjal-3204	452	1	see	see	VERB
cjal-3204	452	2	wayne	wayne	PROPN
cjal-3204	452	3	passmore	passmore	PROPN
cjal-3204	452	4	&	&	CCONJ
cjal-3204	452	5	roger	roger	PROPN
cjal-3204	452	6	sparks	spark	VERB
cjal-3204	452	7	,	,	PUNCT
cjal-3204	452	8	the	the	DET
cjal-3204	452	9	effect	effect	NOUN
cjal-3204	452	10	of	of	ADP
cjal-3204	452	11	automated	automate	VERB
cjal-3204	452	12	underwriting	underwriting	NOUN
cjal-3204	452	13	on	on	ADP
cjal-3204	452	14	the	the	DET
cjal-3204	452	15	profitability	profitability	NOUN
cjal-3204	452	16	of	of	ADP
cjal-3204	452	17	mortgage	mortgage	NOUN
cjal-3204	452	18	securitization	securitization	NOUN
cjal-3204	452	19	,	,	PUNCT
cjal-3204	452	20	board	board	NOUN
cjal-3204	452	21	of	of	ADP
cjal-3204	452	22	governors	governor	NOUN
cjal-3204	452	23	of	of	ADP
cjal-3204	452	24	the	the	DET
cjal-3204	452	25	federal	federal	PROPN
cjal-3204	452	26	reserve	reserve	PROPN
cjal-3204	452	27	system	system	NOUN
cjal-3204	452	28	,	,	PUNCT
cjal-3204	452	29	finance	finance	NOUN
cjal-3204	452	30	and	and	CCONJ
cjal-3204	452	31	economics	economic	NOUN
cjal-3204	452	32	discussion	discussion	NOUN
cjal-3204	452	33	series	series	PROPN
cjal-3204	452	34	1997	1997	NUM
cjal-3204	452	35	-	-	SYM
cjal-3204	452	36	19	19	NUM
cjal-3204	452	37	;	;	PUNCT
cjal-3204	452	38	federal	federal	ADJ
cjal-3204	452	39	trade	trade	NOUN
cjal-3204	452	40	comm'n	comm'n	PROPN
cjal-3204	452	41	,	,	PUNCT
cjal-3204	452	42	bureau	bureau	NOUN
cjal-3204	452	43	of	of	ADP
cjal-3204	452	44	consumer	consumer	NOUN
cjal-3204	452	45	protection	protection	NOUN
cjal-3204	452	46	,	,	PUNCT
cjal-3204	452	47	credit	credit	NOUN
cjal-3204	452	48	scoring	scoring	NOUN
cjal-3204	452	49	(	(	PUNCT
cjal-3204	452	50	1998	1998	NUM
cjal-3204	452	51	)	)	PUNCT
cjal-3204	452	52	.	.	PUNCT
cjal-3204	453	1	[	[	X
cjal-3204	453	2	15:1	15:1	NUM
cjal-3204	453	3	chinese	chinese	ADJ
cjal-3204	453	4	mortgage	mortgage	NOUN
cjal-3204	453	5	law	law	NOUN
cjal-3204	453	6	establish	establish	VERB
cjal-3204	453	7	its	its	PRON
cjal-3204	453	8	priority	priority	NOUN
cjal-3204	453	9	as	as	ADP
cjal-3204	453	10	against	against	ADP
cjal-3204	453	11	other	other	ADJ
cjal-3204	453	12	legal	legal	ADJ
cjal-3204	453	13	interests	interest	NOUN
cjal-3204	453	14	in	in	ADP
cjal-3204	453	15	the	the	DET
cjal-3204	453	16	property	property	NOUN
cjal-3204	453	17	.	.	PUNCT
cjal-3204	454	1	no	no	DET
cjal-3204	454	2	further	further	ADJ
cjal-3204	454	3	review	review	NOUN
cjal-3204	454	4	of	of	ADP
cjal-3204	454	5	the	the	DET
cjal-3204	454	6	title	title	NOUN
cjal-3204	454	7	is	be	AUX
cjal-3204	454	8	necessary	necessary	ADJ
cjal-3204	454	9	when	when	SCONJ
cjal-3204	454	10	the	the	DET
cjal-3204	454	11	property	property	NOUN
cjal-3204	454	12	is	be	AUX
cjal-3204	454	13	sold	sell	VERB
cjal-3204	454	14	subject	subject	ADJ
cjal-3204	454	15	to	to	ADP
cjal-3204	454	16	the	the	DET
cjal-3204	454	17	mortgage	mortgage	NOUN
cjal-3204	454	18	.	.	PUNCT
cjal-3204	455	1	hence	hence	ADV
cjal-3204	455	2	,	,	PUNCT
cjal-3204	455	3	by	by	ADP
cjal-3204	455	4	comparison	comparison	NOUN
cjal-3204	455	5	with	with	ADP
cjal-3204	455	6	the	the	DET
cjal-3204	455	7	making	making	NOUN
cjal-3204	455	8	of	of	ADP
cjal-3204	455	9	a	a	DET
cjal-3204	455	10	new	new	ADJ
cjal-3204	455	11	loan	loan	NOUN
cjal-3204	455	12	,	,	PUNCT
cjal-3204	455	13	there	there	PRON
cjal-3204	455	14	is	be	VERB
cjal-3204	455	15	an	an	DET
cjal-3204	455	16	inherent	inherent	ADJ
cjal-3204	455	17	efficiency	efficiency	NOUN
cjal-3204	455	18	in	in	ADP
cjal-3204	455	19	a	a	DET
cjal-3204	455	20	lender	lender	NOUN
cjal-3204	455	21	's	's	PART
cjal-3204	455	22	allowing	allow	VERB
cjal-3204	455	23	a	a	DET
cjal-3204	455	24	new	new	ADJ
cjal-3204	455	25	borrower	borrower	NOUN
cjal-3204	455	26	to	to	PART
cjal-3204	455	27	take	take	VERB
cjal-3204	455	28	over	over	ADP
cjal-3204	455	29	an	an	DET
cjal-3204	455	30	existing	exist	VERB
cjal-3204	455	31	loan	loan	NOUN
cjal-3204	455	32	.	.	PUNCT
cjal-3204	456	1	the	the	DET
cjal-3204	456	2	expenses	expense	NOUN
cjal-3204	456	3	of	of	ADP
cjal-3204	456	4	appraisal	appraisal	NOUN
cjal-3204	456	5	and	and	CCONJ
cjal-3204	456	6	establishment	establishment	NOUN
cjal-3204	456	7	of	of	ADP
cjal-3204	456	8	the	the	DET
cjal-3204	456	9	lender	lender	NOUN
cjal-3204	456	10	's	's	PART
cjal-3204	456	11	mortgage	mortgage	NOUN
cjal-3204	456	12	title	title	NOUN
cjal-3204	456	13	,	,	PUNCT
cjal-3204	456	14	normally	normally	ADV
cjal-3204	456	15	paid	pay	VERB
cjal-3204	456	16	by	by	ADP
cjal-3204	456	17	the	the	DET
cjal-3204	456	18	borrower	borrower	NOUN
cjal-3204	456	19	,	,	PUNCT
cjal-3204	456	20	are	be	AUX
cjal-3204	456	21	saved	save	VERB
cjal-3204	456	22	.	.	PUNCT
cjal-3204	457	1	these	these	PRON
cjal-3204	457	2	are	be	AUX
cjal-3204	457	3	not	not	PART
cjal-3204	457	4	trivial	trivial	ADJ
cjal-3204	457	5	amounts	amount	NOUN
cjal-3204	457	6	;	;	PUNCT
cjal-3204	457	7	in	in	ADP
cjal-3204	457	8	the	the	DET
cjal-3204	457	9	united	united	PROPN
cjal-3204	457	10	states	states	PROPN
cjal-3204	457	11	they	they	PRON
cjal-3204	457	12	can	can	AUX
cjal-3204	457	13	easily	easily	ADV
cjal-3204	457	14	amount	amount	VERB
cjal-3204	457	15	to	to	ADP
cjal-3204	457	16	more	more	ADJ
cjal-3204	457	17	than	than	ADP
cjal-3204	457	18	a	a	DET
cjal-3204	457	19	thousand	thousand	NUM
cjal-3204	457	20	dollars	dollar	NOUN
cjal-3204	457	21	on	on	ADP
cjal-3204	457	22	the	the	DET
cjal-3204	457	23	sale	sale	NOUN
cjal-3204	457	24	of	of	ADP
cjal-3204	457	25	a	a	DET
cjal-3204	457	26	residence.5	residence.5	NOUN
cjal-3204	457	27	9	9	NUM
cjal-3204	457	28	in	in	ADP
cjal-3204	457	29	addition	addition	NOUN
cjal-3204	457	30	,	,	PUNCT
cjal-3204	457	31	the	the	DET
cjal-3204	457	32	lender	lender	NOUN
cjal-3204	457	33	saves	save	VERB
cjal-3204	457	34	administrative	administrative	ADJ
cjal-3204	457	35	time	time	NOUN
cjal-3204	457	36	,	,	PUNCT
cjal-3204	457	37	since	since	SCONJ
cjal-3204	457	38	it	it	PRON
cjal-3204	457	39	is	be	AUX
cjal-3204	457	40	unnecessary	unnecessary	ADJ
cjal-3204	457	41	for	for	SCONJ
cjal-3204	457	42	members	member	NOUN
cjal-3204	457	43	of	of	ADP
cjal-3204	457	44	its	its	PRON
cjal-3204	457	45	staff	staff	NOUN
cjal-3204	457	46	to	to	PART
cjal-3204	457	47	review	review	VERB
cjal-3204	457	48	and	and	CCONJ
cjal-3204	457	49	make	make	VERB
cjal-3204	457	50	decisions	decision	NOUN
cjal-3204	457	51	concerning	concern	VERB
cjal-3204	457	52	the	the	DET
cjal-3204	457	53	appraisal	appraisal	NOUN
cjal-3204	457	54	and	and	CCONJ
cjal-3204	457	55	the	the	DET
cjal-3204	457	56	property	property	NOUN
cjal-3204	457	57	's	's	PART
cjal-3204	457	58	title	title	NOUN
cjal-3204	457	59	.	.	PUNCT
cjal-3204	458	1	the	the	DET
cjal-3204	458	2	result	result	NOUN
cjal-3204	458	3	is	be	AUX
cjal-3204	458	4	that	that	SCONJ
cjal-3204	458	5	,	,	PUNCT
cjal-3204	458	6	even	even	ADV
cjal-3204	458	7	if	if	SCONJ
cjal-3204	458	8	the	the	DET
cjal-3204	458	9	lender	lender	NOUN
cjal-3204	458	10	increases	increase	VERB
cjal-3204	458	11	the	the	DET
cjal-3204	458	12	interest	interest	NOUN
cjal-3204	458	13	rate	rate	NOUN
cjal-3204	458	14	on	on	ADP
cjal-3204	458	15	the	the	DET
cjal-3204	458	16	loan	loan	NOUN
cjal-3204	458	17	to	to	ADP
cjal-3204	458	18	a	a	DET
cjal-3204	458	19	level	level	NOUN
cjal-3204	458	20	that	that	PRON
cjal-3204	458	21	coincides	coincide	VERB
cjal-3204	458	22	with	with	ADP
cjal-3204	458	23	the	the	DET
cjal-3204	458	24	current	current	ADJ
cjal-3204	458	25	market	market	NOUN
cjal-3204	458	26	,	,	PUNCT
cjal-3204	458	27	it	it	PRON
cjal-3204	458	28	will	will	AUX
cjal-3204	458	29	probably	probably	ADV
cjal-3204	458	30	charge	charge	VERB
cjal-3204	458	31	the	the	DET
cjal-3204	458	32	new	new	ADJ
cjal-3204	458	33	owner	owner	NOUN
cjal-3204	458	34	a	a	DET
cjal-3204	458	35	lower	low	ADJ
cjal-3204	458	36	"	"	PUNCT
cjal-3204	458	37	loan	loan	NOUN
cjal-3204	458	38	fee	fee	NOUN
cjal-3204	458	39	"	"	PUNCT
cjal-3204	458	40	or	or	CCONJ
cjal-3204	458	41	"	"	PUNCT
cjal-3204	458	42	origination	origination	NOUN
cjal-3204	458	43	fee	fee	NOUN
cjal-3204	458	44	"	"	PUNCT
cjal-3204	458	45	than	than	SCONJ
cjal-3204	458	46	would	would	AUX
cjal-3204	458	47	be	be	AUX
cjal-3204	458	48	charged	charge	VERB
cjal-3204	458	49	in	in	ADP
cjal-3204	458	50	the	the	DET
cjal-3204	458	51	case	case	NOUN
cjal-3204	458	52	of	of	ADP
cjal-3204	458	53	a	a	DET
cjal-3204	458	54	new	new	ADJ
cjal-3204	458	55	loan	loan	NOUN
cjal-3204	458	56	.	.	PUNCT
cjal-3204	459	1	this	this	DET
cjal-3204	459	2	saving	saving	NOUN
cjal-3204	459	3	,	,	PUNCT
cjal-3204	459	4	added	add	VERB
cjal-3204	459	5	to	to	ADP
cjal-3204	459	6	the	the	DET
cjal-3204	459	7	saving	saving	NOUN
cjal-3204	459	8	of	of	ADP
cjal-3204	459	9	the	the	DET
cjal-3204	459	10	appraisal	appraisal	NOUN
cjal-3204	459	11	and	and	CCONJ
cjal-3204	459	12	title	title	NOUN
cjal-3204	459	13	costs	cost	NOUN
cjal-3204	459	14	,	,	PUNCT
cjal-3204	459	15	might	might	AUX
cjal-3204	459	16	well	well	ADV
cjal-3204	459	17	be	be	AUX
cjal-3204	459	18	in	in	ADP
cjal-3204	459	19	the	the	DET
cjal-3204	459	20	range	range	NOUN
cjal-3204	459	21	of	of	ADP
cjal-3204	459	22	one	one	NUM
cjal-3204	459	23	thousand	thousand	NUM
cjal-3204	459	24	to	to	ADP
cjal-3204	459	25	two	two	NUM
cjal-3204	459	26	thousand	thousand	NUM
cjal-3204	459	27	dollars	dollar	NOUN
cjal-3204	459	28	.	.	PUNCT
cjal-3204	460	1	a	a	DET
cjal-3204	460	2	further	further	ADJ
cjal-3204	460	3	saving	saving	NOUN
cjal-3204	460	4	may	may	AUX
cjal-3204	460	5	occur	occur	VERB
cjal-3204	460	6	,	,	PUNCT
cjal-3204	460	7	but	but	CCONJ
cjal-3204	460	8	to	to	ADP
cjal-3204	460	9	the	the	DET
cjal-3204	460	10	seller	seller	NOUN
cjal-3204	460	11	rather	rather	ADV
cjal-3204	460	12	than	than	ADP
cjal-3204	460	13	the	the	DET
cjal-3204	460	14	buyer	buyer	NOUN
cjal-3204	460	15	.	.	PUNCT
cjal-3204	461	1	the	the	DET
cjal-3204	461	2	loan	loan	NOUN
cjal-3204	461	3	documents	document	NOUN
cjal-3204	461	4	may60	may60	PROPN
cjal-3204	461	5	permit	permit	VERB
cjal-3204	461	6	the	the	DET
cjal-3204	461	7	lender	lender	NOUN
cjal-3204	461	8	to	to	PART
cjal-3204	461	9	charge	charge	VERB
cjal-3204	461	10	a	a	DET
cjal-3204	461	11	prepayment	prepayment	NOUN
cjal-3204	461	12	fee	fee	NOUN
cjal-3204	461	13	to	to	ADP
cjal-3204	461	14	the	the	DET
cjal-3204	461	15	borrower	borrower	NOUN
cjal-3204	461	16	in	in	ADP
cjal-3204	461	17	the	the	DET
cjal-3204	461	18	event	event	NOUN
cjal-3204	461	19	of	of	ADP
cjal-3204	461	20	a	a	DET
cjal-3204	461	21	payoff	payoff	NOUN
cjal-3204	461	22	prior	prior	ADV
cjal-3204	461	23	to	to	ADP
cjal-3204	461	24	maturity	maturity	NOUN
cjal-3204	461	25	.	.	PUNCT
cjal-3204	462	1	6	6	NUM
cjal-3204	462	2	however	however	ADV
cjal-3204	462	3	,	,	PUNCT
cjal-3204	462	4	if	if	SCONJ
cjal-3204	462	5	the	the	DET
cjal-3204	462	6	borrower	borrower	NOUN
cjal-3204	462	7	is	be	AUX
cjal-3204	462	8	able	able	ADJ
cjal-3204	462	9	to	to	PART
cjal-3204	462	10	sell	sell	VERB
cjal-3204	462	11	the	the	DET
cjal-3204	462	12	property	property	NOUN
cjal-3204	462	13	to	to	ADP
cjal-3204	462	14	a	a	DET
cjal-3204	462	15	new	new	ADJ
cjal-3204	462	16	owner	owner	NOUN
cjal-3204	462	17	who	who	PRON
cjal-3204	462	18	takes	take	VERB
cjal-3204	462	19	over	over	ADP
cjal-3204	462	20	payment	payment	NOUN
cjal-3204	462	21	of	of	ADP
cjal-3204	462	22	the	the	DET
cjal-3204	462	23	loan	loan	NOUN
cjal-3204	462	24	,	,	PUNCT
cjal-3204	462	25	no	no	DET
cjal-3204	462	26	prepayment	prepayment	NOUN
cjal-3204	462	27	will	will	AUX
cjal-3204	462	28	occur	occur	VERB
cjal-3204	462	29	and	and	CCONJ
cjal-3204	462	30	no	no	DET
cjal-3204	462	31	such	such	ADJ
cjal-3204	462	32	fee	fee	NOUN
cjal-3204	462	33	will	will	AUX
cjal-3204	462	34	be	be	AUX
cjal-3204	462	35	due	due	ADJ
cjal-3204	462	36	.	.	PUNCT
cjal-3204	463	1	from	from	ADP
cjal-3204	463	2	this	this	DET
cjal-3204	463	3	perspective	perspective	NOUN
cjal-3204	463	4	,	,	PUNCT
cjal-3204	463	5	a	a	DET
cjal-3204	463	6	rethinking	rethinking	NOUN
cjal-3204	463	7	of	of	ADP
cjal-3204	463	8	the	the	DET
cjal-3204	463	9	present	present	ADJ
cjal-3204	463	10	chinese	chinese	ADJ
cjal-3204	463	11	legal	legal	ADJ
cjal-3204	463	12	restrictions	restriction	NOUN
cjal-3204	463	13	on	on	ADP
cjal-3204	463	14	transfers	transfer	NOUN
cjal-3204	463	15	subject	subject	ADJ
cjal-3204	463	16	to	to	ADP
cjal-3204	463	17	existing	exist	VERB
cjal-3204	463	18	mortgages	mortgage	NOUN
cjal-3204	463	19	seems	seem	VERB
cjal-3204	463	20	to	to	PART
cjal-3204	463	21	be	be	AUX
cjal-3204	463	22	in	in	ADP
cjal-3204	463	23	order	order	NOUN
cjal-3204	463	24	.	.	PUNCT
cjal-3204	464	1	whatever	whatever	PRON
cjal-3204	464	2	the	the	DET
cjal-3204	464	3	expenses	expense	NOUN
cjal-3204	464	4	of	of	ADP
cjal-3204	464	5	appraisal	appraisal	NOUN
cjal-3204	464	6	and	and	CCONJ
cjal-3204	464	7	title	title	NOUN
cjal-3204	464	8	establishment	establishment	NOUN
cjal-3204	464	9	may	may	AUX
cjal-3204	464	10	be	be	AUX
cjal-3204	464	11	in	in	ADP
cjal-3204	464	12	china	china	PROPN
cjal-3204	464	13	,	,	PUNCT
cjal-3204	464	14	they	they	PRON
cjal-3204	464	15	are	be	AUX
cjal-3204	464	16	not	not	PART
cjal-3204	464	17	zero	zero	NUM
cjal-3204	464	18	.	.	PUNCT
cjal-3204	465	1	there	there	PRON
cjal-3204	465	2	is	be	VERB
cjal-3204	465	3	no	no	DET
cjal-3204	465	4	reason	reason	NOUN
cjal-3204	465	5	to	to	PART
cjal-3204	465	6	deny	deny	VERB
cjal-3204	465	7	to	to	ADP
cjal-3204	465	8	proposed	propose	VERB
cjal-3204	465	9	real	real	ADJ
cjal-3204	465	10	estate	estate	NOUN
cjal-3204	465	11	purchasers	purchaser	NOUN
cjal-3204	465	12	the	the	DET
cjal-3204	465	13	efficiencies	efficiency	NOUN
cjal-3204	465	14	of	of	ADP
cjal-3204	465	15	taking	take	VERB
cjal-3204	465	16	over	over	ADP
cjal-3204	465	17	an	an	DET
cjal-3204	465	18	existing	exist	VERB
cjal-3204	465	19	loan	loan	NOUN
cjal-3204	465	20	if	if	SCONJ
cjal-3204	465	21	the	the	DET
cjal-3204	465	22	bank	bank	NOUN
cjal-3204	465	23	or	or	CCONJ
cjal-3204	465	24	other	other	ADJ
cjal-3204	465	25	lender	lender	NOUN
cjal-3204	465	26	is	be	AUX
cjal-3204	465	27	willing	willing	ADJ
cjal-3204	465	28	to	to	PART
cjal-3204	465	29	permit	permit	VERB
cjal-3204	465	30	it	it	PRON
cjal-3204	465	31	.	.	PUNCT
cjal-3204	466	1	3	3	X
cjal-3204	466	2	.	.	X
cjal-3204	466	3	personal	personal	ADJ
cjal-3204	466	4	liability	liability	NOUN
cjal-3204	466	5	of	of	ADP
cjal-3204	466	6	the	the	DET
cjal-3204	466	7	transferee	transferee	NOUN
cjal-3204	466	8	.	.	PUNCT
cjal-3204	467	1	there	there	PRON
cjal-3204	467	2	is	be	VERB
cjal-3204	467	3	at	at	ADP
cjal-3204	467	4	present	present	ADJ
cjal-3204	467	5	no	no	DET
cjal-3204	467	6	chinese	chinese	ADJ
cjal-3204	467	7	law	law	NOUN
cjal-3204	467	8	with	with	ADP
cjal-3204	467	9	respect	respect	NOUN
cjal-3204	467	10	to	to	ADP
cjal-3204	467	11	the	the	DET
cjal-3204	467	12	liability	liability	NOUN
cjal-3204	467	13	of	of	ADP
cjal-3204	467	14	transferees	transferee	NOUN
cjal-3204	467	15	who	who	PRON
cjal-3204	467	16	take	take	VERB
cjal-3204	467	17	over	over	ADP
cjal-3204	467	18	59	59	NUM
cjal-3204	467	19	.	.	PUNCT
cjal-3204	468	1	to	to	PART
cjal-3204	468	2	illustrate	illustrate	VERB
cjal-3204	468	3	,	,	PUNCT
cjal-3204	468	4	assume	assume	VERB
cjal-3204	468	5	that	that	SCONJ
cjal-3204	468	6	a	a	DET
cjal-3204	468	7	house	house	NOUN
cjal-3204	468	8	sells	sell	VERB
cjal-3204	468	9	for	for	ADP
cjal-3204	468	10	s130,000	s130,000	NOUN
cjal-3204	468	11	,	,	PUNCT
cjal-3204	468	12	with	with	ADP
cjal-3204	468	13	a	a	DET
cjal-3204	468	14	mortgage	mortgage	NOUN
cjal-3204	468	15	loan	loan	NOUN
cjal-3204	468	16	amount	amount	NOUN
cjal-3204	468	17	of	of	ADP
cjal-3204	468	18	s100,000	s100,000	NOUN
cjal-3204	468	19	.	.	PUNCT
cjal-3204	469	1	(	(	PUNCT
cjal-3204	469	2	these	these	DET
cjal-3204	469	3	amounts	amount	NOUN
cjal-3204	469	4	represent	represent	VERB
cjal-3204	469	5	a	a	DET
cjal-3204	469	6	relatively	relatively	ADV
cjal-3204	469	7	modest	modest	ADJ
cjal-3204	469	8	house	house	NOUN
cjal-3204	469	9	in	in	ADP
cjal-3204	469	10	most	most	ADJ
cjal-3204	469	11	areas	area	NOUN
cjal-3204	469	12	of	of	ADP
cjal-3204	469	13	the	the	DET
cjal-3204	469	14	united	united	PROPN
cjal-3204	469	15	states	states	PROPN
cjal-3204	469	16	.	.	PUNCT
cjal-3204	469	17	)	)	PUNCT
cjal-3204	470	1	one	one	NUM
cjal-3204	470	2	title	title	NOUN
cjal-3204	470	3	company	company	NOUN
cjal-3204	470	4	provided	provide	VERB
cjal-3204	470	5	the	the	DET
cjal-3204	470	6	following	follow	VERB
cjal-3204	470	7	rates	rate	NOUN
cjal-3204	470	8	to	to	ADP
cjal-3204	470	9	the	the	DET
cjal-3204	470	10	author	author	NOUN
cjal-3204	470	11	.	.	PUNCT
cjal-3204	471	1	owner	owner	NOUN
cjal-3204	471	2	's	's	PART
cjal-3204	471	3	title	title	NOUN
cjal-3204	471	4	insurance	insurance	NOUN
cjal-3204	471	5	policy	policy	NOUN
cjal-3204	471	6	alone	alone	ADV
cjal-3204	471	7	,	,	PUNCT
cjal-3204	471	8	s490	s490	PROPN
cjal-3204	471	9	;	;	PUNCT
cjal-3204	471	10	lender	lender	NOUN
cjal-3204	471	11	's	's	PART
cjal-3204	471	12	title	title	NOUN
cjal-3204	471	13	insurance	insurance	NOUN
cjal-3204	471	14	policy	policy	NOUN
cjal-3204	471	15	alone	alone	ADV
cjal-3204	471	16	,	,	PUNCT
cjal-3204	471	17	s342	s342	PROPN
cjal-3204	471	18	;	;	PUNCT
cjal-3204	471	19	both	both	DET
cjal-3204	471	20	policies	policy	NOUN
cjal-3204	471	21	issued	issue	VERB
cjal-3204	471	22	simultaneously	simultaneously	ADV
cjal-3204	471	23	,	,	PUNCT
cjal-3204	471	24	s540	s540	PROPN
cjal-3204	471	25	.	.	PUNCT
cjal-3204	472	1	telephone	telephone	NOUN
cjal-3204	472	2	conversation	conversation	NOUN
cjal-3204	472	3	with	with	ADP
cjal-3204	472	4	boone	boone	NOUN
cjal-3204	472	5	-	-	PUNCT
cjal-3204	472	6	central	central	PROPN
cjal-3204	472	7	title	title	PROPN
cjal-3204	472	8	co.	co.	PROPN
cjal-3204	472	9	,	,	PUNCT
cjal-3204	472	10	columbia	columbia	PROPN
cjal-3204	472	11	,	,	PUNCT
cjal-3204	472	12	missouri	missouri	PROPN
cjal-3204	472	13	,	,	PUNCT
cjal-3204	472	14	may	may	AUX
cjal-3204	472	15	4	4	NUM
cjal-3204	472	16	,	,	PUNCT
cjal-3204	472	17	2001	2001	NUM
cjal-3204	472	18	.	.	PUNCT
cjal-3204	473	1	the	the	DET
cjal-3204	473	2	cost	cost	NOUN
cjal-3204	473	3	of	of	ADP
cjal-3204	473	4	an	an	DET
cjal-3204	473	5	appraisal	appraisal	NOUN
cjal-3204	473	6	is	be	AUX
cjal-3204	473	7	commonly	commonly	ADV
cjal-3204	473	8	in	in	ADP
cjal-3204	473	9	the	the	DET
cjal-3204	473	10	range	range	NOUN
cjal-3204	473	11	of	of	ADP
cjal-3204	473	12	s300	s300	PROPN
cjal-3204	473	13	.	.	PUNCT
cjal-3204	474	1	60	60	NUM
cjal-3204	474	2	.	.	PUNCT
cjal-3204	475	1	prepayment	prepayment	NOUN
cjal-3204	475	2	fees	fee	NOUN
cjal-3204	475	3	are	be	AUX
cjal-3204	475	4	not	not	PART
cjal-3204	475	5	common	common	ADJ
cjal-3204	475	6	in	in	ADP
cjal-3204	475	7	residential	residential	ADJ
cjal-3204	475	8	mortgages	mortgage	NOUN
cjal-3204	475	9	in	in	ADP
cjal-3204	475	10	the	the	DET
cjal-3204	475	11	united	united	PROPN
cjal-3204	475	12	states	states	PROPN
cjal-3204	475	13	,	,	PUNCT
cjal-3204	475	14	largely	largely	ADV
cjal-3204	475	15	because	because	SCONJ
cjal-3204	475	16	the	the	DET
cjal-3204	475	17	two	two	NUM
cjal-3204	475	18	largest	large	ADJ
cjal-3204	475	19	government	government	NOUN
cjal-3204	475	20	-	-	PUNCT
cjal-3204	475	21	sponsored	sponsor	VERB
cjal-3204	475	22	secondary	secondary	ADJ
cjal-3204	475	23	mortgage	mortgage	NOUN
cjal-3204	475	24	market	market	NOUN
cjal-3204	475	25	investors	investor	NOUN
cjal-3204	475	26	,	,	PUNCT
cjal-3204	475	27	fannie	fannie	PROPN
cjal-3204	475	28	mae	mae	PROPN
cjal-3204	475	29	and	and	CCONJ
cjal-3204	475	30	the	the	DET
cjal-3204	475	31	federal	federal	ADJ
cjal-3204	475	32	home	home	PROPN
cjal-3204	475	33	loan	loan	NOUN
cjal-3204	475	34	mortgage	mortgage	NOUN
cjal-3204	475	35	corporation	corporation	NOUN
cjal-3204	475	36	,	,	PUNCT
cjal-3204	475	37	do	do	AUX
cjal-3204	475	38	not	not	PART
cjal-3204	475	39	charge	charge	VERB
cjal-3204	475	40	such	such	ADJ
cjal-3204	475	41	fees	fee	NOUN
cjal-3204	475	42	.	.	PUNCT
cjal-3204	476	1	however	however	ADV
cjal-3204	476	2	,	,	PUNCT
cjal-3204	476	3	such	such	ADJ
cjal-3204	476	4	fees	fee	NOUN
cjal-3204	476	5	are	be	AUX
cjal-3204	476	6	extremely	extremely	ADV
cjal-3204	476	7	common	common	ADJ
cjal-3204	476	8	on	on	ADP
cjal-3204	476	9	nonresidential	nonresidential	ADJ
cjal-3204	476	10	mortgages	mortgage	NOUN
cjal-3204	476	11	.	.	PUNCT
cjal-3204	477	1	61	61	NUM
cjal-3204	477	2	.	.	PUNCT
cjal-3204	478	1	such	such	ADJ
cjal-3204	478	2	fees	fee	NOUN
cjal-3204	478	3	are	be	AUX
cjal-3204	478	4	generally	generally	ADV
cjal-3204	478	5	enforceable	enforceable	ADJ
cjal-3204	478	6	in	in	ADP
cjal-3204	478	7	the	the	DET
cjal-3204	478	8	united	united	PROPN
cjal-3204	478	9	states	states	PROPN
cjal-3204	478	10	;	;	PUNCT
cjal-3204	478	11	see	see	VERB
cjal-3204	478	12	supra	supra	PROPN
cjal-3204	478	13	note	note	PROPN
cjal-3204	478	14	15	15	NUM
cjal-3204	478	15	and	and	CCONJ
cjal-3204	478	16	accompanying	accompany	VERB
cjal-3204	478	17	text	text	NOUN
cjal-3204	478	18	.	.	PUNCT
cjal-3204	479	1	they	they	PRON
cjal-3204	479	2	are	be	AUX
cjal-3204	479	3	not	not	PART
cjal-3204	479	4	often	often	ADV
cjal-3204	479	5	charged	charge	VERB
cjal-3204	479	6	on	on	ADP
cjal-3204	479	7	residential	residential	ADJ
cjal-3204	479	8	loans	loan	NOUN
cjal-3204	479	9	,	,	PUNCT
cjal-3204	479	10	but	but	CCONJ
cjal-3204	479	11	are	be	AUX
cjal-3204	479	12	very	very	ADV
cjal-3204	479	13	common	common	ADJ
cjal-3204	479	14	with	with	ADP
cjal-3204	479	15	loans	loan	NOUN
cjal-3204	479	16	on	on	ADP
cjal-3204	479	17	commercial	commercial	ADJ
cjal-3204	479	18	real	real	ADJ
cjal-3204	479	19	estate	estate	NOUN
cjal-3204	479	20	.	.	PUNCT
cjal-3204	480	1	2001	2001	NUM
cjal-3204	480	2	]	]	PUNCT
cjal-3204	480	3	columbia	columbia	PROPN
cjal-3204	480	4	journal	journal	PROPN
cjal-3204	480	5	of	of	ADP
cjal-3204	480	6	asian	asian	ADJ
cjal-3204	480	7	law	law	NOUN
cjal-3204	480	8	existing	exist	VERB
cjal-3204	480	9	mortgages	mortgage	NOUN
cjal-3204	480	10	.	.	PUNCT
cjal-3204	481	1	this	this	PRON
cjal-3204	481	2	may	may	AUX
cjal-3204	481	3	simply	simply	ADV
cjal-3204	481	4	reflect	reflect	VERB
cjal-3204	481	5	the	the	DET
cjal-3204	481	6	fact	fact	NOUN
cjal-3204	481	7	that	that	SCONJ
cjal-3204	481	8	it	it	PRON
cjal-3204	481	9	is	be	AUX
cjal-3204	481	10	unclear	unclear	ADJ
cjal-3204	481	11	whether	whether	SCONJ
cjal-3204	481	12	such	such	DET
cjal-3204	481	13	a	a	DET
cjal-3204	481	14	transaction	transaction	NOUN
cjal-3204	481	15	is	be	AUX
cjal-3204	481	16	permitted	permit	VERB
cjal-3204	481	17	.	.	PUNCT
cjal-3204	482	1	if	if	SCONJ
cjal-3204	482	2	it	it	PRON
cjal-3204	482	3	is	be	AUX
cjal-3204	482	4	,	,	PUNCT
cjal-3204	482	5	there	there	PRON
cjal-3204	482	6	seems	seem	VERB
cjal-3204	482	7	to	to	PART
cjal-3204	482	8	be	be	AUX
cjal-3204	482	9	no	no	DET
cjal-3204	482	10	prohibition	prohibition	NOUN
cjal-3204	482	11	on	on	ADP
cjal-3204	482	12	the	the	DET
cjal-3204	482	13	assumption	assumption	NOUN
cjal-3204	482	14	of	of	ADP
cjal-3204	482	15	liability	liability	NOUN
cjal-3204	482	16	by	by	ADP
cjal-3204	482	17	the	the	DET
cjal-3204	482	18	transferee	transferee	NOUN
cjal-3204	482	19	.	.	PUNCT
cjal-3204	483	1	in	in	ADP
cjal-3204	483	2	light	light	NOUN
cjal-3204	483	3	of	of	ADP
cjal-3204	483	4	the	the	DET
cjal-3204	483	5	broad	broad	ADJ
cjal-3204	483	6	apparent	apparent	ADJ
cjal-3204	483	7	power	power	NOUN
cjal-3204	483	8	of	of	ADP
cjal-3204	483	9	lenders	lender	NOUN
cjal-3204	483	10	in	in	ADP
cjal-3204	483	11	china	china	PROPN
cjal-3204	483	12	to	to	PART
cjal-3204	483	13	grant	grant	VERB
cjal-3204	483	14	or	or	CCONJ
cjal-3204	483	15	to	to	PART
cjal-3204	483	16	withhold	withhold	VERB
cjal-3204	483	17	consent	consent	NOUN
cjal-3204	483	18	to	to	ADP
cjal-3204	483	19	transfers	transfer	NOUN
cjal-3204	483	20	of	of	ADP
cjal-3204	483	21	mortgaged	mortgaged	ADJ
cjal-3204	483	22	property,62	property,62	NOUN
cjal-3204	483	23	it	it	PRON
cjal-3204	483	24	seems	seem	VERB
cjal-3204	483	25	entirely	entirely	ADV
cjal-3204	483	26	sensible	sensible	ADJ
cjal-3204	483	27	to	to	PART
cjal-3204	483	28	assume	assume	VERB
cjal-3204	483	29	that	that	SCONJ
cjal-3204	483	30	a	a	DET
cjal-3204	483	31	lender	lender	NOUN
cjal-3204	483	32	could	could	AUX
cjal-3204	483	33	condition	condition	VERB
cjal-3204	483	34	its	its	PRON
cjal-3204	483	35	consent	consent	NOUN
cjal-3204	483	36	upon	upon	SCONJ
cjal-3204	483	37	the	the	DET
cjal-3204	483	38	transferee	transferee	NOUN
cjal-3204	483	39	's	's	PART
cjal-3204	483	40	entering	enter	VERB
cjal-3204	483	41	into	into	ADP
cjal-3204	483	42	an	an	DET
cjal-3204	483	43	assumption	assumption	NOUN
cjal-3204	483	44	agreement	agreement	NOUN
cjal-3204	483	45	undertaking	undertake	VERB
cjal-3204	483	46	personal	personal	ADJ
cjal-3204	483	47	liability	liability	NOUN
cjal-3204	483	48	on	on	ADP
cjal-3204	483	49	the	the	DET
cjal-3204	483	50	debt.63	debt.63	NOUN
cjal-3204	483	51	this	this	PRON
cjal-3204	483	52	would	would	AUX
cjal-3204	483	53	be	be	AUX
cjal-3204	483	54	analogous	analogous	ADJ
cjal-3204	483	55	to	to	ADP
cjal-3204	483	56	united	united	PROPN
cjal-3204	483	57	states	states	PROPN
cjal-3204	483	58	practice	practice	NOUN
cjal-3204	483	59	under	under	ADP
cjal-3204	483	60	due	due	ADJ
cjal-3204	483	61	-	-	PUNCT
cjal-3204	483	62	on	on	ADP
cjal-3204	483	63	-	-	PUNCT
cjal-3204	483	64	sale	sale	NOUN
cjal-3204	483	65	clauses	clause	NOUN
cjal-3204	483	66	,	,	PUNCT
cjal-3204	483	67	and	and	CCONJ
cjal-3204	483	68	would	would	AUX
cjal-3204	483	69	allow	allow	VERB
cjal-3204	483	70	lenders	lender	NOUN
cjal-3204	483	71	,	,	PUNCT
cjal-3204	483	72	borrowers	borrower	NOUN
cjal-3204	483	73	,	,	PUNCT
cjal-3204	483	74	and	and	CCONJ
cjal-3204	483	75	transferees	transferee	NOUN
cjal-3204	483	76	to	to	PART
cjal-3204	483	77	negotiate	negotiate	VERB
cjal-3204	483	78	the	the	DET
cjal-3204	483	79	assumption	assumption	NOUN
cjal-3204	483	80	of	of	ADP
cjal-3204	483	81	liability	liability	NOUN
cjal-3204	483	82	in	in	ADP
cjal-3204	483	83	a	a	DET
cjal-3204	483	84	mutually	mutually	ADV
cjal-3204	483	85	acceptable	acceptable	ADJ
cjal-3204	483	86	manner	manner	NOUN
cjal-3204	483	87	.	.	PUNCT
cjal-3204	484	1	4	4	X
cjal-3204	484	2	.	.	X
cjal-3204	484	3	personal	personal	ADJ
cjal-3204	484	4	liability	liability	NOUN
cjal-3204	484	5	of	of	ADP
cjal-3204	484	6	the	the	DET
cjal-3204	484	7	transferor	transferor	NOUN
cjal-3204	484	8	after	after	SCONJ
cjal-3204	484	9	the	the	DET
cjal-3204	484	10	transfer	transfer	NOUN
cjal-3204	484	11	is	be	AUX
cjal-3204	484	12	made	make	VERB
cjal-3204	484	13	.	.	PUNCT
cjal-3204	485	1	there	there	PRON
cjal-3204	485	2	is	be	VERB
cjal-3204	485	3	nothing	nothing	PRON
cjal-3204	485	4	in	in	ADP
cjal-3204	485	5	chinese	chinese	ADJ
cjal-3204	485	6	law	law	NOUN
cjal-3204	485	7	to	to	PART
cjal-3204	485	8	suggest	suggest	VERB
cjal-3204	485	9	that	that	SCONJ
cjal-3204	485	10	a	a	DET
cjal-3204	485	11	transfer	transfer	NOUN
cjal-3204	485	12	of	of	ADP
cjal-3204	485	13	the	the	DET
cjal-3204	485	14	real	real	ADJ
cjal-3204	485	15	estate	estate	NOUN
cjal-3204	485	16	collateral	collateral	NOUN
cjal-3204	485	17	will	will	AUX
cjal-3204	485	18	automatically	automatically	ADV
cjal-3204	485	19	result	result	VERB
cjal-3204	485	20	in	in	ADP
cjal-3204	485	21	a	a	DET
cjal-3204	485	22	discharge	discharge	NOUN
cjal-3204	485	23	of	of	ADP
cjal-3204	485	24	the	the	DET
cjal-3204	485	25	original	original	ADJ
cjal-3204	485	26	borrower	borrower	NOUN
cjal-3204	485	27	's	's	PART
cjal-3204	485	28	liability	liability	NOUN
cjal-3204	485	29	.	.	PUNCT
cjal-3204	486	1	of	of	ADP
cjal-3204	486	2	course	course	NOUN
cjal-3204	486	3	,	,	PUNCT
cjal-3204	486	4	under	under	ADP
cjal-3204	486	5	the	the	DET
cjal-3204	486	6	statutory	statutory	ADJ
cjal-3204	486	7	provisions	provision	NOUN
cjal-3204	486	8	discussed	discuss	VERB
cjal-3204	486	9	earlier	early	ADV
cjal-3204	486	10	,	,	PUNCT
cjal-3204	486	11	the	the	DET
cjal-3204	486	12	sale	sale	NOUN
cjal-3204	486	13	proceeds	proceed	NOUN
cjal-3204	486	14	are	be	AUX
cjal-3204	486	15	to	to	PART
cjal-3204	486	16	be	be	AUX
cjal-3204	486	17	applied	apply	VERB
cjal-3204	486	18	against	against	ADP
cjal-3204	486	19	the	the	DET
cjal-3204	486	20	debt	debt	NOUN
cjal-3204	486	21	,	,	PUNCT
cjal-3204	486	22	and	and	CCONJ
cjal-3204	486	23	may	may	AUX
cjal-3204	486	24	or	or	CCONJ
cjal-3204	486	25	may	may	AUX
cjal-3204	486	26	not	not	PART
cjal-3204	486	27	be	be	AUX
cjal-3204	486	28	sufficient	sufficient	ADJ
cjal-3204	486	29	to	to	PART
cjal-3204	486	30	pay	pay	VERB
cjal-3204	486	31	it	it	PRON
cjal-3204	486	32	in	in	ADP
cjal-3204	486	33	full	full	ADJ
cjal-3204	486	34	.	.	PUNCT
cjal-3204	487	1	if	if	SCONJ
cjal-3204	487	2	a	a	DET
cjal-3204	487	3	balance	balance	NOUN
cjal-3204	487	4	remains	remain	VERB
cjal-3204	487	5	on	on	ADP
cjal-3204	487	6	the	the	DET
cjal-3204	487	7	debt	debt	NOUN
cjal-3204	487	8	after	after	ADP
cjal-3204	487	9	the	the	DET
cjal-3204	487	10	sale	sale	NOUN
cjal-3204	487	11	,	,	PUNCT
cjal-3204	487	12	the	the	DET
cjal-3204	487	13	original	original	ADJ
cjal-3204	487	14	borrower	borrower	NOUN
cjal-3204	487	15	presumably	presumably	ADV
cjal-3204	487	16	remains	remain	VERB
cjal-3204	487	17	liable	liable	ADJ
cjal-3204	487	18	to	to	ADP
cjal-3204	487	19	that	that	DET
cjal-3204	487	20	extent	extent	NOUN
cjal-3204	487	21	.	.	PUNCT
cjal-3204	488	1	the	the	DET
cjal-3204	488	2	provisions	provision	NOUN
cjal-3204	488	3	requiring	require	VERB
cjal-3204	488	4	debt	debt	NOUN
cjal-3204	488	5	payment	payment	NOUN
cjal-3204	488	6	with	with	ADP
cjal-3204	488	7	the	the	DET
cjal-3204	488	8	sale	sale	NOUN
cjal-3204	488	9	proceeds	proceed	NOUN
cjal-3204	488	10	,	,	PUNCT
cjal-3204	488	11	as	as	SCONJ
cjal-3204	488	12	suggested	suggest	VERB
cjal-3204	488	13	above	above	ADV
cjal-3204	488	14	,	,	PUNCT
cjal-3204	488	15	seem	seem	VERB
cjal-3204	488	16	to	to	PART
cjal-3204	488	17	be	be	AUX
cjal-3204	488	18	unduly	unduly	ADV
cjal-3204	488	19	inflexible	inflexible	ADJ
cjal-3204	488	20	.	.	PUNCT
cjal-3204	489	1	if	if	SCONJ
cjal-3204	489	2	they	they	PRON
cjal-3204	489	3	can	can	AUX
cjal-3204	489	4	be	be	AUX
cjal-3204	489	5	avoided	avoid	VERB
cjal-3204	489	6	(	(	PUNCT
cjal-3204	489	7	for	for	ADP
cjal-3204	489	8	example	example	NOUN
cjal-3204	489	9	,	,	PUNCT
cjal-3204	489	10	by	by	ADP
cjal-3204	489	11	inclusion	inclusion	NOUN
cjal-3204	489	12	of	of	ADP
cjal-3204	489	13	appropriate	appropriate	ADJ
cjal-3204	489	14	language	language	NOUN
cjal-3204	489	15	in	in	ADP
cjal-3204	489	16	the	the	DET
cjal-3204	489	17	mortgage	mortgage	NOUN
cjal-3204	489	18	,	,	PUNCT
cjal-3204	489	19	a	a	DET
cjal-3204	489	20	point	point	NOUN
cjal-3204	489	21	that	that	PRON
cjal-3204	489	22	is	be	AUX
cjal-3204	489	23	presently	presently	ADV
cjal-3204	489	24	uncertain	uncertain	ADJ
cjal-3204	489	25	)	)	PUNCT
cjal-3204	489	26	,	,	PUNCT
cjal-3204	489	27	it	it	PRON
cjal-3204	489	28	may	may	AUX
cjal-3204	489	29	be	be	AUX
cjal-3204	489	30	possible	possible	ADJ
cjal-3204	489	31	for	for	SCONJ
cjal-3204	489	32	chinese	chinese	ADJ
cjal-3204	489	33	lenders	lender	NOUN
cjal-3204	489	34	to	to	PART
cjal-3204	489	35	authorize	authorize	VERB
cjal-3204	489	36	loan	loan	NOUN
cjal-3204	489	37	assumptions	assumption	NOUN
cjal-3204	489	38	by	by	ADP
cjal-3204	489	39	real	real	ADJ
cjal-3204	489	40	estate	estate	NOUN
cjal-3204	489	41	purchasers	purchaser	NOUN
cjal-3204	489	42	with	with	ADP
cjal-3204	489	43	no	no	DET
cjal-3204	489	44	paydown	paydown	NOUN
cjal-3204	489	45	on	on	ADP
cjal-3204	489	46	the	the	DET
cjal-3204	489	47	indebtedness	indebtedness	NOUN
cjal-3204	489	48	at	at	ADV
cjal-3204	489	49	all	all	ADV
cjal-3204	489	50	.	.	PUNCT
cjal-3204	490	1	the	the	DET
cjal-3204	490	2	question	question	NOUN
cjal-3204	490	3	remains	remain	VERB
cjal-3204	490	4	:	:	PUNCT
cjal-3204	490	5	should	should	AUX
cjal-3204	490	6	a	a	DET
cjal-3204	490	7	seller	seller	NOUN
cjal-3204	490	8	of	of	ADP
cjal-3204	490	9	real	real	ADJ
cjal-3204	490	10	estate	estate	NOUN
cjal-3204	490	11	be	be	AUX
cjal-3204	490	12	released	release	VERB
cjal-3204	490	13	from	from	ADP
cjal-3204	490	14	liability	liability	NOUN
cjal-3204	490	15	on	on	ADP
cjal-3204	490	16	the	the	DET
cjal-3204	490	17	debt	debt	NOUN
cjal-3204	490	18	when	when	SCONJ
cjal-3204	490	19	a	a	DET
cjal-3204	490	20	sale	sale	NOUN
cjal-3204	490	21	is	be	AUX
cjal-3204	490	22	made	make	VERB
cjal-3204	490	23	with	with	ADP
cjal-3204	490	24	the	the	DET
cjal-3204	490	25	approval	approval	NOUN
cjal-3204	490	26	of	of	ADP
cjal-3204	490	27	the	the	DET
cjal-3204	490	28	lender	lender	NOUN
cjal-3204	490	29	?	?	PUNCT
cjal-3204	491	1	we	we	PRON
cjal-3204	491	2	have	have	AUX
cjal-3204	491	3	seen	see	VERB
cjal-3204	491	4	earlier	early	ADV
cjal-3204	491	5	that	that	SCONJ
cjal-3204	491	6	in	in	ADP
cjal-3204	491	7	the	the	DET
cjal-3204	491	8	united	united	PROPN
cjal-3204	491	9	states	states	PROPN
cjal-3204	491	10	this	this	PRON
cjal-3204	491	11	is	be	AUX
cjal-3204	491	12	left	leave	VERB
cjal-3204	491	13	to	to	ADP
cjal-3204	491	14	the	the	DET
cjal-3204	491	15	parties	party	NOUN
cjal-3204	491	16	'	'	PART
cjal-3204	491	17	negotiation	negotiation	NOUN
cjal-3204	491	18	in	in	ADP
cjal-3204	491	19	the	the	DET
cjal-3204	491	20	case	case	NOUN
cjal-3204	491	21	of	of	ADP
cjal-3204	491	22	commercial	commercial	ADJ
cjal-3204	491	23	real	real	ADJ
cjal-3204	491	24	estate	estate	NOUN
cjal-3204	491	25	,	,	PUNCT
cjal-3204	491	26	and	and	CCONJ
cjal-3204	491	27	the	the	DET
cjal-3204	491	28	lender	lender	NOUN
cjal-3204	491	29	has	have	VERB
cjal-3204	491	30	no	no	DET
cjal-3204	491	31	obligation	obligation	NOUN
cjal-3204	491	32	to	to	PART
cjal-3204	491	33	execute	execute	VERB
cjal-3204	491	34	a	a	DET
cjal-3204	491	35	release	release	NOUN
cjal-3204	491	36	.	.	PUNCT
cjal-3204	492	1	however	however	ADV
cjal-3204	492	2	,	,	PUNCT
cjal-3204	492	3	with	with	ADP
cjal-3204	492	4	residential	residential	ADJ
cjal-3204	492	5	real	real	ADJ
cjal-3204	492	6	estate	estate	NOUN
cjal-3204	492	7	it	it	PRON
cjal-3204	492	8	is	be	AUX
cjal-3204	492	9	at	at	ADP
cjal-3204	492	10	least	least	ADJ
cjal-3204	492	11	arguable	arguable	ADJ
cjal-3204	492	12	that	that	SCONJ
cjal-3204	492	13	the	the	DET
cjal-3204	492	14	lender	lender	NOUN
cjal-3204	492	15	has	have	VERB
cjal-3204	492	16	,	,	PUNCT
cjal-3204	492	17	and	and	CCONJ
cjal-3204	492	18	should	should	AUX
cjal-3204	492	19	have	have	VERB
cjal-3204	492	20	,	,	PUNCT
cjal-3204	492	21	a	a	DET
cjal-3204	492	22	duty	duty	NOUN
cjal-3204	492	23	to	to	PART
cjal-3204	492	24	release	release	VERB
cjal-3204	492	25	the	the	DET
cjal-3204	492	26	transferor	transferor	NOUN
cjal-3204	492	27	when	when	SCONJ
cjal-3204	492	28	it	it	PRON
cjal-3204	492	29	approves	approve	VERB
cjal-3204	492	30	the	the	DET
cjal-3204	492	31	sale.64	sale.64	PROPN
cjal-3204	492	32	this	this	PRON
cjal-3204	492	33	is	be	AUX
cjal-3204	492	34	a	a	DET
cjal-3204	492	35	sensible	sensible	ADJ
cjal-3204	492	36	result	result	NOUN
cjal-3204	492	37	,	,	PUNCT
cjal-3204	492	38	and	and	CCONJ
cjal-3204	492	39	one	one	NUM
cjal-3204	492	40	that	that	PRON
cjal-3204	492	41	the	the	DET
cjal-3204	492	42	chinese	chinese	ADJ
cjal-3204	492	43	authorities	authority	NOUN
cjal-3204	492	44	should	should	AUX
cjal-3204	492	45	consider	consider	VERB
cjal-3204	492	46	adopting	adopt	VERB
cjal-3204	492	47	.	.	PUNCT
cjal-3204	493	1	it	it	PRON
cjal-3204	493	2	avoids	avoid	VERB
cjal-3204	493	3	imposing	impose	VERB
cjal-3204	493	4	on	on	ADP
cjal-3204	493	5	consumers	consumer	NOUN
cjal-3204	493	6	,	,	PUNCT
cjal-3204	493	7	who	who	PRON
cjal-3204	493	8	usually	usually	ADV
cjal-3204	493	9	have	have	VERB
cjal-3204	493	10	little	little	ADJ
cjal-3204	493	11	or	or	CCONJ
cjal-3204	493	12	no	no	PRON
cjal-3204	493	13	experience	experience	NOUN
cjal-3204	493	14	in	in	ADP
cjal-3204	493	15	loan	loan	NOUN
cjal-3204	493	16	underwriting	underwriting	NOUN
cjal-3204	493	17	,	,	PUNCT
cjal-3204	493	18	the	the	DET
cjal-3204	493	19	risks	risk	NOUN
cjal-3204	493	20	of	of	ADP
cjal-3204	493	21	default	default	NOUN
cjal-3204	493	22	by	by	ADP
cjal-3204	493	23	their	their	PRON
cjal-3204	493	24	purchasers	purchaser	NOUN
cjal-3204	493	25	risks	risk	NOUN
cjal-3204	493	26	that	that	PRON
cjal-3204	493	27	may	may	AUX
cjal-3204	493	28	extend	extend	VERB
cjal-3204	493	29	for	for	ADP
cjal-3204	493	30	many	many	ADJ
cjal-3204	493	31	years	year	NOUN
cjal-3204	493	32	in	in	ADP
cjal-3204	493	33	the	the	DET
cjal-3204	493	34	future	future	NOUN
cjal-3204	493	35	.	.	PUNCT
cjal-3204	494	1	with	with	ADP
cjal-3204	494	2	residential	residential	ADJ
cjal-3204	494	3	loans	loan	NOUN
cjal-3204	494	4	that	that	PRON
cjal-3204	494	5	risk	risk	NOUN
cjal-3204	494	6	is	be	AUX
cjal-3204	494	7	best	well	ADV
cjal-3204	494	8	left	leave	VERB
cjal-3204	494	9	with	with	ADP
cjal-3204	494	10	lenders	lender	NOUN
cjal-3204	494	11	who	who	PRON
cjal-3204	494	12	,	,	PUNCT
cjal-3204	494	13	after	after	ADV
cjal-3204	494	14	all	all	ADV
cjal-3204	494	15	,	,	PUNCT
cjal-3204	494	16	are	be	AUX
cjal-3204	494	17	professionals	professional	NOUN
cjal-3204	494	18	at	at	ADP
cjal-3204	494	19	assessing	assess	VERB
cjal-3204	494	20	and	and	CCONJ
cjal-3204	494	21	managing	manage	VERB
cjal-3204	494	22	it	it	PRON
cjal-3204	494	23	.	.	PUNCT
cjal-3204	495	1	62	62	X
cjal-3204	495	2	.	.	PUNCT
cjal-3204	496	1	see	see	VERB
cjal-3204	496	2	supra	supra	ADJ
cjal-3204	496	3	text	text	NOUN
cjal-3204	496	4	accompanying	accompanying	ADJ
cjal-3204	496	5	note	note	NOUN
cjal-3204	496	6	47	47	NUM
cjal-3204	496	7	.	.	PUNCT
cjal-3204	497	1	63	63	NUM
cjal-3204	497	2	.	.	PUNCT
cjal-3204	498	1	as	as	SCONJ
cjal-3204	498	2	randolph	randolph	PROPN
cjal-3204	498	3	&	&	CCONJ
cjal-3204	498	4	lou	lou	PROPN
cjal-3204	498	5	observe	observe	PROPN
cjal-3204	498	6	,	,	PUNCT
cjal-3204	498	7	the	the	DET
cjal-3204	498	8	transferee	transferee	NOUN
cjal-3204	498	9	's	's	PART
cjal-3204	498	10	assumption	assumption	NOUN
cjal-3204	498	11	of	of	ADP
cjal-3204	498	12	the	the	DET
cjal-3204	498	13	debt	debt	NOUN
cjal-3204	498	14	could	could	AUX
cjal-3204	498	15	be	be	AUX
cjal-3204	498	16	an	an	DET
cjal-3204	498	17	appropriate	appropriate	ADJ
cjal-3204	498	18	consideration	consideration	NOUN
cjal-3204	498	19	for	for	ADP
cjal-3204	498	20	the	the	DET
cjal-3204	498	21	lender	lender	NOUN
cjal-3204	498	22	's	's	PART
cjal-3204	498	23	consent	consent	NOUN
cjal-3204	498	24	to	to	ADP
cjal-3204	498	25	the	the	DET
cjal-3204	498	26	transfer	transfer	NOUN
cjal-3204	498	27	.	.	PUNCT
cjal-3204	499	1	randolph	randolph	PROPN
cjal-3204	499	2	&	&	CCONJ
cjal-3204	499	3	lou	lou	PROPN
cjal-3204	499	4	,	,	PUNCT
cjal-3204	499	5	supra	supra	PROPN
cjal-3204	499	6	note	note	NOUN
cjal-3204	499	7	2	2	NUM
cjal-3204	499	8	,	,	PUNCT
cjal-3204	499	9	§	§	NOUN
cjal-3204	499	10	8.8.3	8.8.3	NUM
cjal-3204	499	11	.	.	PROPN
cjal-3204	499	12	64	64	NUM
cjal-3204	499	13	.	.	PUNCT
cjal-3204	500	1	see	see	VERB
cjal-3204	500	2	supra	supra	PROPN
cjal-3204	500	3	note	note	PROPN
cjal-3204	500	4	33	33	NUM
cjal-3204	500	5	.	.	PUNCT
cjal-3204	501	1	[	[	X
cjal-3204	501	2	15:1	15:1	NUM
cjal-3204	501	3	chinese	chinese	ADJ
cjal-3204	501	4	mortgage	mortgage	NOUN
cjal-3204	501	5	law	law	NOUN
cjal-3204	501	6	ill	ill	ADJ
cjal-3204	501	7	.	.	PUNCT
cjal-3204	502	1	transfers	transfer	NOUN
cjal-3204	502	2	of	of	ADP
cjal-3204	502	3	mortgages	mortgage	NOUN
cjal-3204	502	4	when	when	SCONJ
cjal-3204	502	5	a	a	DET
cjal-3204	502	6	lender	lender	NOUN
cjal-3204	502	7	has	have	AUX
cjal-3204	502	8	"	"	PUNCT
cjal-3204	502	9	originated	originate	VERB
cjal-3204	502	10	"	"	PUNCT
cjal-3204	502	11	a	a	DET
cjal-3204	502	12	loan	loan	NOUN
cjal-3204	502	13	that	that	PRON
cjal-3204	502	14	is	be	AUX
cjal-3204	502	15	,	,	PUNCT
cjal-3204	502	16	disbursed	disburse	VERB
cjal-3204	502	17	the	the	DET
cjal-3204	502	18	loan	loan	NOUN
cjal-3204	502	19	funds	fund	NOUN
cjal-3204	502	20	to	to	ADP
cjal-3204	502	21	the	the	DET
cjal-3204	502	22	borrower	borrower	NOUN
cjal-3204	502	23	and	and	CCONJ
cjal-3204	502	24	recorded	record	VERB
cjal-3204	502	25	the	the	DET
cjal-3204	502	26	mortgage	mortgage	NOUN
cjal-3204	502	27	the	the	DET
cjal-3204	502	28	loan	loan	NOUN
cjal-3204	502	29	represents	represent	VERB
cjal-3204	502	30	an	an	DET
cjal-3204	502	31	asset	asset	NOUN
cjal-3204	502	32	to	to	ADP
cjal-3204	502	33	the	the	DET
cjal-3204	502	34	lender	lender	NOUN
cjal-3204	502	35	,	,	PUNCT
cjal-3204	502	36	a	a	DET
cjal-3204	502	37	secured	secured	ADJ
cjal-3204	502	38	right	right	NOUN
cjal-3204	502	39	to	to	ADP
cjal-3204	502	40	future	future	ADJ
cjal-3204	502	41	payment	payment	NOUN
cjal-3204	502	42	of	of	ADP
cjal-3204	502	43	money	money	NOUN
cjal-3204	502	44	.	.	PUNCT
cjal-3204	503	1	in	in	ADP
cjal-3204	503	2	an	an	DET
cjal-3204	503	3	efficient	efficient	ADJ
cjal-3204	503	4	economy	economy	NOUN
cjal-3204	503	5	,	,	PUNCT
cjal-3204	503	6	that	that	DET
cjal-3204	503	7	lender	lender	NOUN
cjal-3204	503	8	must	must	AUX
cjal-3204	503	9	have	have	VERB
cjal-3204	503	10	some	some	DET
cjal-3204	503	11	simple	simple	ADJ
cjal-3204	503	12	and	and	CCONJ
cjal-3204	503	13	practical	practical	ADJ
cjal-3204	503	14	means	mean	NOUN
cjal-3204	503	15	of	of	ADP
cjal-3204	503	16	transferring	transfer	VERB
cjal-3204	503	17	such	such	ADJ
cjal-3204	503	18	loans	loan	NOUN
cjal-3204	503	19	,	,	PUNCT
cjal-3204	503	20	as	as	ADP
cjal-3204	503	21	assets	asset	NOUN
cjal-3204	503	22	,	,	PUNCT
cjal-3204	503	23	to	to	ADP
cjal-3204	503	24	other	other	ADJ
cjal-3204	503	25	investors	investor	NOUN
cjal-3204	503	26	.	.	PUNCT
cjal-3204	504	1	transfers	transfer	NOUN
cjal-3204	504	2	of	of	ADP
cjal-3204	504	3	this	this	DET
cjal-3204	504	4	sort	sort	NOUN
cjal-3204	504	5	make	make	VERB
cjal-3204	504	6	up	up	ADP
cjal-3204	504	7	what	what	PRON
cjal-3204	504	8	is	be	AUX
cjal-3204	504	9	usually	usually	ADV
cjal-3204	504	10	called	call	VERB
cjal-3204	504	11	the	the	DET
cjal-3204	504	12	"	"	PUNCT
cjal-3204	504	13	secondary	secondary	ADJ
cjal-3204	504	14	mortgage	mortgage	NOUN
cjal-3204	504	15	market	market	NOUN
cjal-3204	504	16	,	,	PUNCT
cjal-3204	504	17	"	"	PUNCT
cjal-3204	504	18	as	as	ADP
cjal-3204	504	19	distinct	distinct	ADJ
cjal-3204	504	20	from	from	ADP
cjal-3204	504	21	transactions	transaction	NOUN
cjal-3204	504	22	in	in	ADP
cjal-3204	504	23	which	which	PRON
cjal-3204	504	24	mortgage	mortgage	NOUN
cjal-3204	504	25	loans	loan	NOUN
cjal-3204	504	26	are	be	AUX
cjal-3204	504	27	originated	originate	VERB
cjal-3204	504	28	,	,	PUNCT
cjal-3204	504	29	and	and	CCONJ
cjal-3204	504	30	which	which	PRON
cjal-3204	504	31	occur	occur	VERB
cjal-3204	504	32	in	in	ADP
cjal-3204	504	33	the	the	DET
cjal-3204	504	34	"	"	PUNCT
cjal-3204	504	35	primary	primary	ADJ
cjal-3204	504	36	mortgage	mortgage	NOUN
cjal-3204	504	37	market	market	NOUN
cjal-3204	504	38	.	.	PUNCT
cjal-3204	504	39	"	"	PUNCT
cjal-3204	505	1	why	why	SCONJ
cjal-3204	505	2	are	be	AUX
cjal-3204	505	3	secondary	secondary	ADJ
cjal-3204	505	4	market	market	NOUN
cjal-3204	505	5	transfers	transfer	NOUN
cjal-3204	505	6	of	of	ADP
cjal-3204	505	7	mortgages	mortgage	NOUN
cjal-3204	505	8	important	important	ADJ
cjal-3204	505	9	?	?	PUNCT
cjal-3204	506	1	because	because	SCONJ
cjal-3204	506	2	they	they	PRON
cjal-3204	506	3	allow	allow	VERB
cjal-3204	506	4	capital	capital	NOUN
cjal-3204	506	5	to	to	PART
cjal-3204	506	6	flow	flow	VERB
cjal-3204	506	7	to	to	ADP
cjal-3204	506	8	those	those	PRON
cjal-3204	506	9	who	who	PRON
cjal-3204	506	10	need	need	VERB
cjal-3204	506	11	to	to	PART
cjal-3204	506	12	borrow	borrow	VERB
cjal-3204	506	13	it.6s	it.6s	NOUN
cjal-3204	506	14	the	the	DET
cjal-3204	506	15	flow	flow	NOUN
cjal-3204	506	16	of	of	ADP
cjal-3204	506	17	capital	capital	NOUN
cjal-3204	506	18	occurs	occur	VERB
cjal-3204	506	19	in	in	ADP
cjal-3204	506	20	several	several	ADJ
cjal-3204	506	21	dimensions	dimension	NOUN
cjal-3204	506	22	.	.	PUNCT
cjal-3204	507	1	one	one	NUM
cjal-3204	507	2	is	be	AUX
cjal-3204	507	3	geographic	geographic	ADJ
cjal-3204	507	4	:	:	PUNCT
cjal-3204	507	5	if	if	SCONJ
cjal-3204	507	6	a	a	DET
cjal-3204	507	7	lender	lender	NOUN
cjal-3204	507	8	originates	originate	VERB
cjal-3204	507	9	a	a	DET
cjal-3204	507	10	loan	loan	NOUN
cjal-3204	507	11	in	in	ADP
cjal-3204	507	12	a	a	DET
cjal-3204	507	13	region	region	NOUN
cjal-3204	507	14	that	that	PRON
cjal-3204	507	15	has	have	VERB
cjal-3204	507	16	a	a	DET
cjal-3204	507	17	deficiency	deficiency	NOUN
cjal-3204	507	18	of	of	ADP
cjal-3204	507	19	available	available	ADJ
cjal-3204	507	20	funds	fund	NOUN
cjal-3204	507	21	to	to	PART
cjal-3204	507	22	lend	lend	VERB
cjal-3204	507	23	,	,	PUNCT
cjal-3204	507	24	and	and	CCONJ
cjal-3204	507	25	then	then	ADV
cjal-3204	507	26	sells	sell	VERB
cjal-3204	507	27	the	the	DET
cjal-3204	507	28	loan	loan	NOUN
cjal-3204	507	29	on	on	ADP
cjal-3204	507	30	the	the	DET
cjal-3204	507	31	secondary	secondary	ADJ
cjal-3204	507	32	market	market	NOUN
cjal-3204	507	33	to	to	ADP
cjal-3204	507	34	an	an	DET
cjal-3204	507	35	investor	investor	NOUN
cjal-3204	507	36	in	in	ADP
cjal-3204	507	37	an	an	DET
cjal-3204	507	38	region	region	NOUN
cjal-3204	507	39	with	with	ADP
cjal-3204	507	40	a	a	DET
cjal-3204	507	41	surplus	surplus	NOUN
cjal-3204	507	42	of	of	ADP
cjal-3204	507	43	funds	fund	NOUN
cjal-3204	507	44	,	,	PUNCT
cjal-3204	507	45	the	the	DET
cjal-3204	507	46	capital	capital	NOUN
cjal-3204	507	47	flows	flow	VERB
cjal-3204	507	48	in	in	ADP
cjal-3204	507	49	the	the	DET
cjal-3204	507	50	reverse	reverse	ADJ
cjal-3204	507	51	direction	direction	NOUN
cjal-3204	507	52	,	,	PUNCT
cjal-3204	507	53	to	to	ADP
cjal-3204	507	54	the	the	DET
cjal-3204	507	55	region	region	NOUN
cjal-3204	507	56	where	where	SCONJ
cjal-3204	507	57	it	it	PRON
cjal-3204	507	58	is	be	AUX
cjal-3204	507	59	needed	need	VERB
cjal-3204	507	60	.	.	PUNCT
cjal-3204	508	1	another	another	DET
cjal-3204	508	2	dimension	dimension	NOUN
cjal-3204	508	3	is	be	AUX
cjal-3204	508	4	the	the	DET
cjal-3204	508	5	movement	movement	NOUN
cjal-3204	508	6	of	of	ADP
cjal-3204	508	7	capital	capital	NOUN
cjal-3204	508	8	among	among	ADP
cjal-3204	508	9	market	market	NOUN
cjal-3204	508	10	sectors	sector	NOUN
cjal-3204	508	11	.	.	PUNCT
cjal-3204	509	1	to	to	PART
cjal-3204	509	2	illustrate	illustrate	VERB
cjal-3204	509	3	,	,	PUNCT
cjal-3204	509	4	assume	assume	VERB
cjal-3204	509	5	the	the	DET
cjal-3204	509	6	existence	existence	NOUN
cjal-3204	509	7	of	of	ADP
cjal-3204	509	8	financial	financial	ADJ
cjal-3204	509	9	firms	firm	NOUN
cjal-3204	509	10	that	that	PRON
cjal-3204	509	11	accumulate	accumulate	VERB
cjal-3204	509	12	large	large	ADJ
cjal-3204	509	13	amounts	amount	NOUN
cjal-3204	509	14	of	of	ADP
cjal-3204	509	15	capital	capital	NOUN
cjal-3204	509	16	and	and	CCONJ
cjal-3204	509	17	invest	invest	VERB
cjal-3204	509	18	it	it	PRON
cjal-3204	509	19	for	for	ADP
cjal-3204	509	20	long	long	ADJ
cjal-3204	509	21	terms	term	NOUN
cjal-3204	509	22	.	.	PUNCT
cjal-3204	510	1	typical	typical	ADJ
cjal-3204	510	2	examples	example	NOUN
cjal-3204	510	3	are	be	AUX
cjal-3204	510	4	life	life	NOUN
cjal-3204	510	5	insurance	insurance	NOUN
cjal-3204	510	6	companies	company	NOUN
cjal-3204	510	7	and	and	CCONJ
cjal-3204	510	8	pension	pension	NOUN
cjal-3204	510	9	funds	fund	NOUN
cjal-3204	510	10	.	.	PUNCT
cjal-3204	511	1	one	one	NUM
cjal-3204	511	2	attractive	attractive	ADJ
cjal-3204	511	3	form	form	NOUN
cjal-3204	511	4	of	of	ADP
cjal-3204	511	5	investment	investment	NOUN
cjal-3204	511	6	for	for	ADP
cjal-3204	511	7	such	such	ADJ
cjal-3204	511	8	companies	company	NOUN
cjal-3204	511	9	is	be	AUX
cjal-3204	511	10	mortgage	mortgage	NOUN
cjal-3204	511	11	lending	lending	NOUN
cjal-3204	511	12	,	,	PUNCT
cjal-3204	511	13	since	since	SCONJ
cjal-3204	511	14	mortgage	mortgage	NOUN
cjal-3204	511	15	loans	loan	NOUN
cjal-3204	511	16	also	also	ADV
cjal-3204	511	17	tend	tend	VERB
cjal-3204	511	18	to	to	PART
cjal-3204	511	19	be	be	AUX
cjal-3204	511	20	for	for	ADP
cjal-3204	511	21	large	large	ADJ
cjal-3204	511	22	amounts	amount	NOUN
cjal-3204	511	23	and	and	CCONJ
cjal-3204	511	24	carry	carry	VERB
cjal-3204	511	25	relatively	relatively	ADV
cjal-3204	511	26	long	long	ADJ
cjal-3204	511	27	terms	term	NOUN
cjal-3204	511	28	,	,	PUNCT
cjal-3204	511	29	thus	thus	ADV
cjal-3204	511	30	matching	match	VERB
cjal-3204	511	31	the	the	DET
cjal-3204	511	32	firms	firm	NOUN
cjal-3204	511	33	'	'	PART
cjal-3204	511	34	investment	investment	NOUN
cjal-3204	511	35	needs	need	NOUN
cjal-3204	511	36	.	.	PUNCT
cjal-3204	512	1	the	the	DET
cjal-3204	512	2	companies	company	NOUN
cjal-3204	512	3	in	in	ADP
cjal-3204	512	4	question	question	NOUN
cjal-3204	512	5	might	might	AUX
cjal-3204	512	6	open	open	VERB
cjal-3204	512	7	lending	lending	NOUN
cjal-3204	512	8	offices	office	NOUN
cjal-3204	512	9	and	and	CCONJ
cjal-3204	512	10	make	make	VERB
cjal-3204	512	11	loans	loan	NOUN
cjal-3204	512	12	directly	directly	ADV
cjal-3204	512	13	.	.	PUNCT
cjal-3204	513	1	however	however	ADV
cjal-3204	513	2	,	,	PUNCT
cjal-3204	513	3	they	they	PRON
cjal-3204	513	4	may	may	AUX
cjal-3204	513	5	conclude	conclude	VERB
cjal-3204	513	6	that	that	SCONJ
cjal-3204	513	7	doing	do	VERB
cjal-3204	513	8	so	so	ADV
cjal-3204	513	9	is	be	AUX
cjal-3204	513	10	inefficient	inefficient	ADJ
cjal-3204	513	11	for	for	ADP
cjal-3204	513	12	them	they	PRON
cjal-3204	513	13	or	or	CCONJ
cjal-3204	513	14	requires	require	VERB
cjal-3204	513	15	skills	skill	NOUN
cjal-3204	513	16	they	they	PRON
cjal-3204	513	17	do	do	AUX
cjal-3204	513	18	not	not	PART
cjal-3204	513	19	possess	possess	VERB
cjal-3204	513	20	and	and	CCONJ
cjal-3204	513	21	do	do	AUX
cjal-3204	513	22	not	not	PART
cjal-3204	513	23	wish	wish	VERB
cjal-3204	513	24	to	to	PART
cjal-3204	513	25	acquire	acquire	VERB
cjal-3204	513	26	.	.	PUNCT
cjal-3204	514	1	an	an	DET
cjal-3204	514	2	alternative	alternative	ADJ
cjal-3204	514	3	arrangement	arrangement	NOUN
cjal-3204	514	4	that	that	PRON
cjal-3204	514	5	might	might	AUX
cjal-3204	514	6	be	be	AUX
cjal-3204	514	7	more	more	ADV
cjal-3204	514	8	attractive	attractive	ADJ
cjal-3204	514	9	to	to	ADP
cjal-3204	514	10	them	they	PRON
cjal-3204	514	11	would	would	AUX
cjal-3204	514	12	be	be	AUX
cjal-3204	514	13	to	to	PART
cjal-3204	514	14	purchase	purchase	VERB
cjal-3204	514	15	mortgage	mortgage	NOUN
cjal-3204	514	16	loans	loan	NOUN
cjal-3204	514	17	from	from	ADP
cjal-3204	514	18	other	other	ADJ
cjal-3204	514	19	lenders	lender	NOUN
cjal-3204	514	20	who	who	PRON
cjal-3204	514	21	have	have	AUX
cjal-3204	514	22	originated	originate	VERB
cjal-3204	514	23	them	they	PRON
cjal-3204	514	24	.	.	PUNCT
cjal-3204	515	1	in	in	ADP
cjal-3204	515	2	such	such	ADJ
cjal-3204	515	3	purchase	purchase	NOUN
cjal-3204	515	4	transactions	transaction	NOUN
cjal-3204	515	5	,	,	PUNCT
cjal-3204	515	6	the	the	DET
cjal-3204	515	7	flow	flow	NOUN
cjal-3204	515	8	of	of	ADP
cjal-3204	515	9	capital	capital	NOUN
cjal-3204	515	10	(	(	PUNCT
cjal-3204	515	11	again	again	ADV
cjal-3204	515	12	,	,	PUNCT
cjal-3204	515	13	as	as	ADP
cjal-3204	515	14	above	above	ADV
cjal-3204	515	15	in	in	ADP
cjal-3204	515	16	the	the	DET
cjal-3204	515	17	direction	direction	NOUN
cjal-3204	515	18	opposite	opposite	ADP
cjal-3204	515	19	that	that	PRON
cjal-3204	515	20	of	of	ADP
cjal-3204	515	21	the	the	DET
cjal-3204	515	22	movement	movement	NOUN
cjal-3204	515	23	of	of	ADP
cjal-3204	515	24	the	the	DET
cjal-3204	515	25	mortgages	mortgage	NOUN
cjal-3204	515	26	themselves	themselves	PRON
cjal-3204	515	27	)	)	PUNCT
cjal-3204	515	28	is	be	AUX
cjal-3204	515	29	from	from	ADP
cjal-3204	515	30	the	the	DET
cjal-3204	515	31	companies	company	NOUN
cjal-3204	515	32	that	that	PRON
cjal-3204	515	33	have	have	VERB
cjal-3204	515	34	excess	excess	ADJ
cjal-3204	515	35	lendable	lendable	ADJ
cjal-3204	515	36	funds	fund	NOUN
cjal-3204	515	37	to	to	ADP
cjal-3204	515	38	those	those	PRON
cjal-3204	515	39	who	who	PRON
cjal-3204	515	40	have	have	VERB
cjal-3204	515	41	insufficient	insufficient	ADJ
cjal-3204	515	42	funds	fund	NOUN
cjal-3204	515	43	.	.	PUNCT
cjal-3204	516	1	66	66	NUM
cjal-3204	516	2	65	65	NUM
cjal-3204	516	3	.	.	PUNCT
cjal-3204	517	1	the	the	DET
cjal-3204	517	2	benefits	benefit	NOUN
cjal-3204	517	3	of	of	ADP
cjal-3204	517	4	this	this	DET
cjal-3204	517	5	capital	capital	NOUN
cjal-3204	517	6	flow	flow	NOUN
cjal-3204	517	7	are	be	AUX
cjal-3204	517	8	described	describe	VERB
cjal-3204	517	9	in	in	ADP
cjal-3204	517	10	detail	detail	NOUN
cjal-3204	517	11	in	in	ADP
cjal-3204	517	12	oliver	oliver	PROPN
cjal-3204	517	13	jones	jones	PROPN
cjal-3204	517	14	&	&	CCONJ
cjal-3204	517	15	leo	leo	PROPN
cjal-3204	517	16	grebler	grebler	PROPN
cjal-3204	517	17	,	,	PUNCT
cjal-3204	517	18	the	the	DET
cjal-3204	517	19	secondary	secondary	ADJ
cjal-3204	517	20	mortgage	mortgage	NOUN
cjal-3204	517	21	market	market	NOUN
cjal-3204	517	22	(	(	PUNCT
cjal-3204	517	23	1961	1961	NUM
cjal-3204	517	24	)	)	PUNCT
cjal-3204	517	25	.	.	PUNCT
cjal-3204	518	1	see	see	VERB
cjal-3204	518	2	also	also	ADV
cjal-3204	518	3	patric	patric	PROPN
cjal-3204	518	4	h.	h.	PROPN
cjal-3204	518	5	hendershott	hendershott	PROPN
cjal-3204	518	6	&	&	CCONJ
cjal-3204	518	7	kevin	kevin	PROPN
cjal-3204	518	8	e.	e.	PROPN
cjal-3204	518	9	villani	villani	PROPN
cjal-3204	518	10	.	.	PUNCT
cjal-3204	519	1	secondary	secondary	ADJ
cjal-3204	519	2	mortgage	mortgage	NOUN
cjal-3204	519	3	markets	market	NOUN
cjal-3204	519	4	and	and	CCONJ
cjal-3204	519	5	the	the	DET
cjal-3204	519	6	cost	cost	NOUN
cjal-3204	519	7	of	of	ADP
cjal-3204	519	8	mortgage	mortgage	NOUN
cjal-3204	519	9	funds	fund	NOUN
cjal-3204	519	10	,	,	PUNCT
cjal-3204	519	11	8	8	NUM
cjal-3204	519	12	re.&l	re.&l	PROPN
cjal-3204	519	13	est	est	X
cjal-3204	519	14	.	.	PUNCT
cjal-3204	520	1	economics	economic	NOUN
cjal-3204	520	2	50	50	NUM
cjal-3204	520	3	(	(	PUNCT
cjal-3204	520	4	1980	1980	NUM
cjal-3204	520	5	)	)	PUNCT
cjal-3204	520	6	.	.	PUNCT
cjal-3204	521	1	66	66	NUM
cjal-3204	521	2	.	.	PUNCT
cjal-3204	522	1	in	in	ADP
cjal-3204	522	2	the	the	DET
cjal-3204	522	3	united	united	PROPN
cjal-3204	522	4	states	states	PROPN
cjal-3204	522	5	,	,	PUNCT
cjal-3204	522	6	many	many	ADJ
cjal-3204	522	7	of	of	ADP
cjal-3204	522	8	these	these	DET
cjal-3204	522	9	loan	loan	NOUN
cjal-3204	522	10	originators	originator	NOUN
cjal-3204	522	11	are	be	AUX
cjal-3204	522	12	"	"	PUNCT
cjal-3204	522	13	mortgage	mortgage	NOUN
cjal-3204	522	14	bankers	banker	NOUN
cjal-3204	522	15	,	,	PUNCT
cjal-3204	522	16	"	"	PUNCT
cjal-3204	522	17	a	a	DET
cjal-3204	522	18	class	class	NOUN
cjal-3204	522	19	of	of	ADP
cjal-3204	522	20	company	company	NOUN
cjal-3204	522	21	that	that	PRON
cjal-3204	522	22	does	do	AUX
cjal-3204	522	23	not	not	PART
cjal-3204	522	24	receive	receive	VERB
cjal-3204	522	25	deposits	deposit	NOUN
cjal-3204	522	26	from	from	ADP
cjal-3204	522	27	the	the	DET
cjal-3204	522	28	public	public	NOUN
cjal-3204	522	29	and	and	CCONJ
cjal-3204	522	30	that	that	PRON
cjal-3204	522	31	has	have	VERB
cjal-3204	522	32	relatively	relatively	ADV
cjal-3204	522	33	little	little	ADJ
cjal-3204	522	34	capital	capital	NOUN
cjal-3204	522	35	of	of	ADP
cjal-3204	522	36	its	its	PRON
cjal-3204	522	37	own	own	ADJ
cjal-3204	522	38	.	.	PUNCT
cjal-3204	523	1	on	on	ADP
cjal-3204	523	2	the	the	DET
cjal-3204	523	3	development	development	NOUN
cjal-3204	523	4	of	of	ADP
cjal-3204	523	5	the	the	DET
cjal-3204	523	6	secondary	secondary	ADJ
cjal-3204	523	7	mortgage	mortgage	NOUN
cjal-3204	523	8	market	market	NOUN
cjal-3204	523	9	in	in	ADP
cjal-3204	523	10	america	america	PROPN
cjal-3204	523	11	,	,	PUNCT
cjal-3204	523	12	see	see	VERB
cjal-3204	523	13	robin	robin	PROPN
cjal-3204	523	14	p.	p.	PROPN
cjal-3204	523	15	malloy	malloy	PROPN
cjal-3204	523	16	,	,	PUNCT
cjal-3204	523	17	the	the	DET
cjal-3204	523	18	secondary	secondary	ADJ
cjal-3204	523	19	mortgage	mortgage	NOUN
cjal-3204	523	20	market	market	NOUN
cjal-3204	523	21	:	:	PUNCT
cjal-3204	523	22	a	a	DET
cjal-3204	523	23	catatyst	catatyst	NOUN
cjal-3204	523	24	for	for	ADP
cjal-3204	523	25	change	change	NOUN
cjal-3204	523	26	in	in	ADP
cjal-3204	523	27	real	real	ADJ
cjal-3204	523	28	estate	estate	NOUN
cjal-3204	523	29	transactions	transaction	NOUN
cjal-3204	523	30	,	,	PUNCT
cjal-3204	523	31	39	39	NUM
cjal-3204	523	32	sw	sw	NOUN
cjal-3204	523	33	.	.	PUNCT
cjal-3204	524	1	l.	l.	PROPN
cjal-3204	524	2	j.	j.	PROPN
cjal-3204	524	3	991	991	PROPN
cjal-3204	524	4	(	(	PUNCT
cjal-3204	524	5	1986	1986	NUM
cjal-3204	524	6	)	)	PUNCT
cjal-3204	524	7	;	;	PUNCT
cjal-3204	524	8	jo	jo	PROPN
cjal-3204	524	9	anne	anne	PROPN
cjal-3204	524	10	bradner	bradner	PROPN
cjal-3204	524	11	,	,	PUNCT
cjal-3204	524	12	the	the	DET
cjal-3204	524	13	secondary	secondary	ADJ
cjal-3204	524	14	mortgage	mortgage	NOUN
cjal-3204	524	15	market	market	NOUN
cjal-3204	524	16	and	and	CCONJ
cjal-3204	524	17	state	state	NOUN
cjal-3204	524	18	regulation	regulation	NOUN
cjal-3204	524	19	of	of	ADP
cjal-3204	524	20	rcal	rcal	ADJ
cjal-3204	524	21	estate	estate	NOUN
cjal-3204	524	22	financing	financing	NOUN
cjal-3204	524	23	,	,	PUNCT
cjal-3204	524	24	36	36	NUM
cjal-3204	524	25	emory	emory	PROPN
cjal-3204	524	26	l.	l.	PROPN
cjal-3204	524	27	j.	j.	PROPN
cjal-3204	524	28	971	971	NUM
cjal-3204	524	29	(	(	PUNCT
cjal-3204	524	30	1987	1987	NUM
cjal-3204	524	31	)	)	PUNCT
cjal-3204	524	32	.	.	PUNCT
cjal-3204	525	1	2001	2001	NUM
cjal-3204	525	2	]	]	PUNCT
cjal-3204	525	3	columbia	columbia	PROPN
cjal-3204	525	4	journal	journal	PROPN
cjal-3204	525	5	of	of	ADP
cjal-3204	525	6	asian	asian	ADJ
cjal-3204	525	7	law	law	NOUN
cjal-3204	525	8	in	in	ADP
cjal-3204	525	9	recent	recent	ADJ
cjal-3204	525	10	years	year	NOUN
cjal-3204	525	11	,	,	PUNCT
cjal-3204	525	12	the	the	DET
cjal-3204	525	13	american	american	ADJ
cjal-3204	525	14	secondary	secondary	ADJ
cjal-3204	525	15	market	market	NOUN
cjal-3204	525	16	has	have	AUX
cjal-3204	525	17	expanded	expand	VERB
cjal-3204	525	18	in	in	ADP
cjal-3204	525	19	a	a	DET
cjal-3204	525	20	different	different	ADJ
cjal-3204	525	21	direction	direction	NOUN
cjal-3204	525	22	,	,	PUNCT
cjal-3204	525	23	commonly	commonly	ADV
cjal-3204	525	24	termed	term	VERB
cjal-3204	525	25	"	"	PUNCT
cjal-3204	525	26	securitization	securitization	NOUN
cjal-3204	525	27	.	.	PUNCT
cjal-3204	525	28	'	'	PUNCT
cjal-3204	526	1	'	'	NUM
cjal-3204	526	2	67	67	NUM
cjal-3204	526	3	in	in	ADP
cjal-3204	526	4	a	a	DET
cjal-3204	526	5	securitized	securitized	ADJ
cjal-3204	526	6	transaction	transaction	NOUN
cjal-3204	526	7	,	,	PUNCT
cjal-3204	526	8	a	a	DET
cjal-3204	526	9	group	group	NOUN
cjal-3204	526	10	or	or	CCONJ
cjal-3204	526	11	pool	pool	NOUN
cjal-3204	526	12	of	of	ADP
cjal-3204	526	13	mortgages	mortgage	NOUN
cjal-3204	526	14	is	be	AUX
cjal-3204	526	15	placed	place	VERB
cjal-3204	526	16	in	in	ADP
cjal-3204	526	17	the	the	DET
cjal-3204	526	18	hands	hand	NOUN
cjal-3204	526	19	of	of	ADP
cjal-3204	526	20	a	a	DET
cjal-3204	526	21	trustee	trustee	NOUN
cjal-3204	526	22	who	who	PRON
cjal-3204	526	23	represents	represent	VERB
cjal-3204	526	24	the	the	DET
cjal-3204	526	25	future	future	ADJ
cjal-3204	526	26	securities	security	NOUN
cjal-3204	526	27	holders	holder	NOUN
cjal-3204	526	28	.	.	PUNCT
cjal-3204	527	1	beneficial	beneficial	ADJ
cjal-3204	527	2	fractional	fractional	ADJ
cjal-3204	527	3	share	share	NOUN
cjal-3204	527	4	interests	interest	NOUN
cjal-3204	527	5	in	in	ADP
cjal-3204	527	6	this	this	DET
cjal-3204	527	7	pool	pool	NOUN
cjal-3204	527	8	may	may	AUX
cjal-3204	527	9	then	then	ADV
cjal-3204	527	10	be	be	AUX
cjal-3204	527	11	sold	sell	VERB
cjal-3204	527	12	to	to	ADP
cjal-3204	527	13	a	a	DET
cjal-3204	527	14	large	large	ADJ
cjal-3204	527	15	group	group	NOUN
cjal-3204	527	16	of	of	ADP
cjal-3204	527	17	investors	investor	NOUN
cjal-3204	527	18	as	as	ADP
cjal-3204	527	19	"	"	PUNCT
cjal-3204	527	20	participation	participation	NOUN
cjal-3204	527	21	certificates	certificate	NOUN
cjal-3204	527	22	"	"	PUNCT
cjal-3204	527	23	or	or	CCONJ
cjal-3204	527	24	"	"	PUNCT
cjal-3204	527	25	pcs	pc	NOUN
cjal-3204	527	26	.	.	PUNCT
cjal-3204	527	27	"	"	PUNCT
cjal-3204	528	1	these	these	DET
cjal-3204	528	2	securities	security	NOUN
cjal-3204	528	3	are	be	AUX
cjal-3204	528	4	"	"	PUNCT
cjal-3204	528	5	passthrough	passthrough	NOUN
cjal-3204	528	6	,	,	PUNCT
cjal-3204	528	7	"	"	PUNCT
cjal-3204	528	8	in	in	ADP
cjal-3204	528	9	the	the	DET
cjal-3204	528	10	sense	sense	NOUN
cjal-3204	528	11	that	that	SCONJ
cjal-3204	528	12	each	each	DET
cjal-3204	528	13	investor	investor	NOUN
cjal-3204	528	14	in	in	ADP
cjal-3204	528	15	a	a	DET
cjal-3204	528	16	pc	pc	NOUN
cjal-3204	528	17	is	be	AUX
cjal-3204	528	18	entitled	entitle	VERB
cjal-3204	528	19	to	to	ADP
cjal-3204	528	20	her	she	PRON
cjal-3204	528	21	or	or	CCONJ
cjal-3204	528	22	his	his	PRON
cjal-3204	528	23	pro	pro	ADJ
cjal-3204	528	24	-	-	ADJ
cjal-3204	528	25	rata	rata	ADJ
cjal-3204	528	26	share	share	NOUN
cjal-3204	528	27	of	of	ADP
cjal-3204	528	28	all	all	PRON
cjal-3204	528	29	of	of	ADP
cjal-3204	528	30	the	the	DET
cjal-3204	528	31	principal	principal	NOUN
cjal-3204	528	32	and	and	CCONJ
cjal-3204	528	33	interest	interest	NOUN
cjal-3204	528	34	paid	pay	VERB
cjal-3204	528	35	on	on	ADP
cjal-3204	528	36	the	the	DET
cjal-3204	528	37	mortgage	mortgage	NOUN
cjal-3204	528	38	loans	loan	NOUN
cjal-3204	528	39	themselves	themselves	PRON
cjal-3204	528	40	by	by	ADP
cjal-3204	528	41	their	their	PRON
cjal-3204	528	42	borrowers	borrower	NOUN
cjal-3204	528	43	.	.	PUNCT
cjal-3204	529	1	in	in	ADP
cjal-3204	529	2	an	an	DET
cjal-3204	529	3	alternative	alternative	ADJ
cjal-3204	529	4	form	form	NOUN
cjal-3204	529	5	of	of	ADP
cjal-3204	529	6	the	the	DET
cjal-3204	529	7	transaction	transaction	NOUN
cjal-3204	529	8	,	,	PUNCT
cjal-3204	529	9	the	the	DET
cjal-3204	529	10	pool	pool	NOUN
cjal-3204	529	11	of	of	ADP
cjal-3204	529	12	mortgages	mortgage	NOUN
cjal-3204	529	13	serves	serve	VERB
cjal-3204	529	14	as	as	ADP
cjal-3204	529	15	collateral	collateral	NOUN
cjal-3204	529	16	for	for	ADP
cjal-3204	529	17	the	the	DET
cjal-3204	529	18	issuance	issuance	NOUN
cjal-3204	529	19	of	of	ADP
cjal-3204	529	20	"	"	PUNCT
cjal-3204	529	21	mortgage	mortgage	NOUN
cjal-3204	529	22	-	-	PUNCT
cjal-3204	529	23	backed	back	VERB
cjal-3204	529	24	securities	security	NOUN
cjal-3204	529	25	"	"	PUNCT
cjal-3204	529	26	that	that	PRON
cjal-3204	529	27	are	be	AUX
cjal-3204	529	28	not	not	PART
cjal-3204	529	29	necessarily	necessarily	ADV
cjal-3204	529	30	of	of	ADP
cjal-3204	529	31	the	the	DET
cjal-3204	529	32	"	"	PUNCT
cjal-3204	529	33	passthrough	passthrough	NOUN
cjal-3204	529	34	"	"	PUNCT
cjal-3204	529	35	type	type	NOUN
cjal-3204	529	36	.	.	PUNCT
cjal-3204	530	1	a	a	DET
cjal-3204	530	2	variety	variety	NOUN
cjal-3204	530	3	of	of	ADP
cjal-3204	530	4	classes	class	NOUN
cjal-3204	530	5	of	of	ADP
cjal-3204	530	6	securities	security	NOUN
cjal-3204	530	7	can	can	AUX
cjal-3204	530	8	be	be	AUX
cjal-3204	530	9	issued	issue	VERB
cjal-3204	530	10	on	on	ADP
cjal-3204	530	11	the	the	DET
cjal-3204	530	12	basis	basis	NOUN
cjal-3204	530	13	of	of	ADP
cjal-3204	530	14	a	a	DET
cjal-3204	530	15	single	single	ADJ
cjal-3204	530	16	pool	pool	NOUN
cjal-3204	530	17	of	of	ADP
cjal-3204	530	18	mortgages	mortgage	NOUN
cjal-3204	530	19	;	;	PUNCT
cjal-3204	530	20	some	some	DET
cjal-3204	530	21	securities	security	NOUN
cjal-3204	530	22	may	may	AUX
cjal-3204	530	23	pay	pay	VERB
cjal-3204	530	24	only	only	ADV
cjal-3204	530	25	interest	interest	NOUN
cjal-3204	530	26	(	(	PUNCT
cjal-3204	530	27	and	and	CCONJ
cjal-3204	530	28	no	no	DET
cjal-3204	530	29	return	return	NOUN
cjal-3204	530	30	of	of	ADP
cjal-3204	530	31	principal	principal	NOUN
cjal-3204	530	32	)	)	PUNCT
cjal-3204	530	33	until	until	ADP
cjal-3204	530	34	maturity	maturity	NOUN
cjal-3204	530	35	.	.	PUNCT
cjal-3204	531	1	some	some	PRON
cjal-3204	531	2	may	may	AUX
cjal-3204	531	3	have	have	VERB
cjal-3204	531	4	short	short	ADJ
cjal-3204	531	5	maturities	maturity	NOUN
cjal-3204	531	6	and	and	CCONJ
cjal-3204	531	7	others	other	NOUN
cjal-3204	531	8	long	long	ADJ
cjal-3204	531	9	maturities	maturity	NOUN
cjal-3204	531	10	.	.	PUNCT
cjal-3204	532	1	the	the	DET
cjal-3204	532	2	classes	class	NOUN
cjal-3204	532	3	(	(	PUNCT
cjal-3204	532	4	termed	term	VERB
cjal-3204	532	5	"	"	PUNCT
cjal-3204	532	6	tranches	tranche	NOUN
cjal-3204	532	7	"	"	PUNCT
cjal-3204	532	8	)	)	PUNCT
cjal-3204	532	9	of	of	ADP
cjal-3204	532	10	securities	security	NOUN
cjal-3204	532	11	can	can	AUX
cjal-3204	532	12	be	be	AUX
cjal-3204	532	13	designed	design	VERB
cjal-3204	532	14	to	to	PART
cjal-3204	532	15	appeal	appeal	VERB
cjal-3204	532	16	to	to	ADP
cjal-3204	532	17	different	different	ADJ
cjal-3204	532	18	groups	group	NOUN
cjal-3204	532	19	of	of	ADP
cjal-3204	532	20	investors	investor	NOUN
cjal-3204	532	21	.	.	PUNCT
cjal-3204	533	1	the	the	DET
cjal-3204	533	2	arrangements	arrangement	NOUN
cjal-3204	533	3	for	for	ADP
cjal-3204	533	4	this	this	DET
cjal-3204	533	5	sort	sort	NOUN
cjal-3204	533	6	of	of	ADP
cjal-3204	533	7	securitization	securitization	NOUN
cjal-3204	533	8	are	be	AUX
cjal-3204	533	9	extremely	extremely	ADV
cjal-3204	533	10	complex	complex	ADJ
cjal-3204	533	11	,	,	PUNCT
cjal-3204	533	12	but	but	CCONJ
cjal-3204	533	13	because	because	SCONJ
cjal-3204	533	14	of	of	ADP
cjal-3204	533	15	their	their	PRON
cjal-3204	533	16	broad	broad	ADJ
cjal-3204	533	17	appeal	appeal	NOUN
cjal-3204	533	18	to	to	ADP
cjal-3204	533	19	investors	investor	NOUN
cjal-3204	533	20	,	,	PUNCT
cjal-3204	533	21	the	the	DET
cjal-3204	533	22	securities	security	NOUN
cjal-3204	533	23	can	can	AUX
cjal-3204	533	24	be	be	AUX
cjal-3204	533	25	a	a	DET
cjal-3204	533	26	very	very	ADV
cjal-3204	533	27	effective	effective	ADJ
cjal-3204	533	28	means	mean	NOUN
cjal-3204	533	29	of	of	ADP
cjal-3204	533	30	raising	raise	VERB
cjal-3204	533	31	capital	capital	NOUN
cjal-3204	533	32	that	that	PRON
cjal-3204	533	33	will	will	AUX
cjal-3204	533	34	flow	flow	VERB
cjal-3204	533	35	into	into	ADP
cjal-3204	533	36	the	the	DET
cjal-3204	533	37	mortgage	mortgage	NOUN
cjal-3204	533	38	market	market	NOUN
cjal-3204	533	39	.	.	PUNCT
cjal-3204	534	1	68	68	NUM
cjal-3204	534	2	because	because	SCONJ
cjal-3204	534	3	secondary	secondary	ADJ
cjal-3204	534	4	market	market	NOUN
cjal-3204	534	5	transfers	transfer	NOUN
cjal-3204	534	6	of	of	ADP
cjal-3204	534	7	mortgages	mortgage	NOUN
cjal-3204	534	8	allow	allow	VERB
cjal-3204	534	9	the	the	DET
cjal-3204	534	10	movement	movement	NOUN
cjal-3204	534	11	of	of	ADP
cjal-3204	534	12	capital	capital	NOUN
cjal-3204	534	13	in	in	ADP
cjal-3204	534	14	these	these	DET
cjal-3204	534	15	desirable	desirable	ADJ
cjal-3204	534	16	ways	way	NOUN
cjal-3204	534	17	,	,	PUNCT
cjal-3204	534	18	the	the	DET
cjal-3204	534	19	legal	legal	ADJ
cjal-3204	534	20	system	system	NOUN
cjal-3204	534	21	should	should	AUX
cjal-3204	534	22	facilitate	facilitate	VERB
cjal-3204	534	23	secondary	secondary	ADJ
cjal-3204	534	24	market	market	NOUN
cjal-3204	534	25	sales	sale	NOUN
cjal-3204	534	26	and	and	CCONJ
cjal-3204	534	27	securitizations	securitization	NOUN
cjal-3204	534	28	of	of	ADP
cjal-3204	534	29	mortgage	mortgage	NOUN
cjal-3204	534	30	loans	loan	NOUN
cjal-3204	534	31	,	,	PUNCT
cjal-3204	534	32	making	make	VERB
cjal-3204	534	33	them	they	PRON
cjal-3204	534	34	as	as	ADP
cjal-3204	534	35	simple	simple	ADJ
cjal-3204	534	36	and	and	CCONJ
cjal-3204	534	37	reliable	reliable	ADJ
cjal-3204	534	38	as	as	ADP
cjal-3204	534	39	possible	possible	ADJ
cjal-3204	534	40	.	.	PUNCT
cjal-3204	535	1	unfortunately	unfortunately	ADV
cjal-3204	535	2	,	,	PUNCT
cjal-3204	535	3	the	the	DET
cjal-3204	535	4	american	american	ADJ
cjal-3204	535	5	legal	legal	ADJ
cjal-3204	535	6	system	system	NOUN
cjal-3204	535	7	has	have	AUX
cjal-3204	535	8	failed	fail	VERB
cjal-3204	535	9	miserably	miserably	ADV
cjal-3204	535	10	in	in	ADP
cjal-3204	535	11	this	this	DET
cjal-3204	535	12	respect	respect	NOUN
cjal-3204	535	13	.	.	PUNCT
cjal-3204	536	1	perhaps	perhaps	ADV
cjal-3204	536	2	the	the	DET
cjal-3204	536	3	primary	primary	ADJ
cjal-3204	536	4	reason	reason	NOUN
cjal-3204	536	5	is	be	AUX
cjal-3204	536	6	that	that	SCONJ
cjal-3204	536	7	our	our	PRON
cjal-3204	536	8	system	system	NOUN
cjal-3204	536	9	evolved	evolve	VERB
cjal-3204	536	10	from	from	ADP
cjal-3204	536	11	english	english	ADJ
cjal-3204	536	12	law	law	NOUN
cjal-3204	536	13	that	that	PRON
cjal-3204	536	14	developed	develop	VERB
cjal-3204	536	15	in	in	ADP
cjal-3204	536	16	a	a	DET
cjal-3204	536	17	era	era	NOUN
cjal-3204	536	18	with	with	ADP
cjal-3204	536	19	few	few	ADJ
cjal-3204	536	20	transactions	transaction	NOUN
cjal-3204	536	21	,	,	PUNCT
cjal-3204	536	22	most	most	ADJ
cjal-3204	536	23	of	of	ADP
cjal-3204	536	24	which	which	PRON
cjal-3204	536	25	were	be	AUX
cjal-3204	536	26	local	local	ADJ
cjal-3204	536	27	.	.	PUNCT
cjal-3204	537	1	it	it	PRON
cjal-3204	537	2	has	have	AUX
cjal-3204	537	3	not	not	PART
cjal-3204	537	4	made	make	VERB
cjal-3204	537	5	the	the	DET
cjal-3204	537	6	journey	journey	NOUN
cjal-3204	537	7	to	to	ADP
cjal-3204	537	8	a	a	DET
cjal-3204	537	9	modem	modem	ADJ
cjal-3204	537	10	high	high	ADJ
cjal-3204	537	11	-	-	PUNCT
cjal-3204	537	12	volume	volume	NOUN
cjal-3204	537	13	computerized	computerized	ADJ
cjal-3204	537	14	market	market	NOUN
cjal-3204	537	15	well	well	ADV
cjal-3204	537	16	.	.	PUNCT
cjal-3204	538	1	under	under	ADP
cjal-3204	538	2	american	american	ADJ
cjal-3204	538	3	law	law	NOUN
cjal-3204	538	4	,	,	PUNCT
cjal-3204	538	5	a	a	DET
cjal-3204	538	6	mortgage	mortgage	NOUN
cjal-3204	538	7	loan	loan	NOUN
cjal-3204	538	8	generates	generate	VERB
cjal-3204	538	9	two	two	NUM
cjal-3204	538	10	basic	basic	ADJ
cjal-3204	538	11	documents	document	NOUN
cjal-3204	538	12	a	a	DET
cjal-3204	538	13	promissory	promissory	ADJ
cjal-3204	538	14	note	note	NOUN
cjal-3204	538	15	and	and	CCONJ
cjal-3204	538	16	a	a	DET
cjal-3204	538	17	mortgage	mortgage	NOUN
cjal-3204	538	18	or	or	CCONJ
cjal-3204	538	19	mortgage	mortgage	NOUN
cjal-3204	538	20	-	-	PUNCT
cjal-3204	538	21	equivalent	equivalent	ADJ
cjal-3204	538	22	document	document	NOUN
cjal-3204	538	23	.	.	PUNCT
cjal-3204	539	1	69	69	NUM
cjal-3204	540	1	the	the	DET
cjal-3204	540	2	promissory	promissory	NOUN
cjal-3204	540	3	note	note	NOUN
cjal-3204	540	4	is	be	AUX
cjal-3204	540	5	the	the	DET
cjal-3204	540	6	principal	principal	ADJ
cjal-3204	540	7	evidence	evidence	NOUN
cjal-3204	540	8	of	of	ADP
cjal-3204	540	9	the	the	DET
cjal-3204	540	10	borrower	borrower	NOUN
cjal-3204	540	11	's	's	PART
cjal-3204	540	12	obligation	obligation	NOUN
cjal-3204	540	13	to	to	PART
cjal-3204	540	14	repay	repay	VERB
cjal-3204	540	15	the	the	DET
cjal-3204	540	16	debt	debt	NOUN
cjal-3204	540	17	.	.	PUNCT
cjal-3204	541	1	the	the	DET
cjal-3204	541	2	mortgage	mortgage	NOUN
cjal-3204	541	3	is	be	AUX
cjal-3204	541	4	security	security	NOUN
cjal-3204	541	5	for	for	ADP
cjal-3204	541	6	67	67	NUM
cjal-3204	541	7	.	.	PUNCT
cjal-3204	542	1	see	see	VERB
cjal-3204	542	2	patrick	patrick	PROPN
cjal-3204	542	3	d.	d.	PROPN
cjal-3204	542	4	dolan	dolan	PROPN
cjal-3204	542	5	,	,	PUNCT
cjal-3204	542	6	lender	lender	NOUN
cjal-3204	542	7	's	's	PART
cjal-3204	542	8	guide	guide	NOUN
cjal-3204	542	9	to	to	ADP
cjal-3204	542	10	the	the	DET
cjal-3204	542	11	securitization	securitization	NOUN
cjal-3204	542	12	of	of	ADP
cjal-3204	542	13	commercial	commercial	ADJ
cjal-3204	542	14	mortgage	mortgage	NOUN
cjal-3204	542	15	loans	loan	NOUN
cjal-3204	542	16	,	,	PUNCT
cjal-3204	542	17	115	115	NUM
cjal-3204	542	18	banking	banking	NOUN
cjal-3204	542	19	l.	l.	PROPN
cjal-3204	542	20	j.	j.	PROPN
cjal-3204	542	21	597	597	NUM
cjal-3204	542	22	(	(	PUNCT
cjal-3204	542	23	1998	1998	NUM
cjal-3204	542	24	)	)	PUNCT
cjal-3204	542	25	;	;	PUNCT
cjal-3204	542	26	georgette	georgette	PROPN
cjal-3204	542	27	c.	c.	PROPN
cjal-3204	542	28	poindexter	poindexter	PROPN
cjal-3204	542	29	,	,	PUNCT
cjal-3204	542	30	subordinated	subordinated	ADJ
cjal-3204	542	31	rolling	rolling	ADJ
cjal-3204	542	32	equity	equity	NOUN
cjal-3204	542	33	:	:	PUNCT
cjal-3204	542	34	analyzing	analyze	VERB
cjal-3204	542	35	real	real	ADJ
cjal-3204	542	36	estate	estate	NOUN
cjal-3204	542	37	loan	loan	NOUN
cjal-3204	542	38	default	default	NOUN
cjal-3204	542	39	in	in	ADP
cjal-3204	542	40	the	the	DET
cjal-3204	542	41	era	era	NOUN
cjal-3204	542	42	of	of	ADP
cjal-3204	542	43	securitization	securitization	NOUN
cjal-3204	542	44	,	,	PUNCT
cjal-3204	542	45	50	50	NUM
cjal-3204	542	46	emoryl	emoryl	NOUN
cjal-3204	542	47	.	.	PUNCT
cjal-3204	543	1	j.	j.	PROPN
cjal-3204	543	2	519	519	NUM
cjal-3204	543	3	(	(	PUNCT
cjal-3204	543	4	2001	2001	NUM
cjal-3204	543	5	)	)	PUNCT
cjal-3204	543	6	.	.	PUNCT
cjal-3204	544	1	68	68	NUM
cjal-3204	544	2	.	.	PUNCT
cjal-3204	544	3	see	see	VERB
cjal-3204	544	4	board	board	NOUN
cjal-3204	544	5	of	of	ADP
cjal-3204	544	6	governors	governor	NOUN
cjal-3204	544	7	of	of	ADP
cjal-3204	544	8	the	the	DET
cjal-3204	544	9	federal	federal	PROPN
cjal-3204	544	10	reserve	reserve	PROPN
cjal-3204	544	11	system	system	NOUN
cjal-3204	544	12	and	and	CCONJ
cjal-3204	544	13	u.s	u.s	PROPN
cjal-3204	544	14	.	.	PROPN
cjal-3204	544	15	securities	securities	PROPN
cjal-3204	544	16	and	and	CCONJ
cjal-3204	544	17	exchange	exchange	PROPN
cjal-3204	544	18	commission	commission	PROPN
cjal-3204	544	19	,	,	PUNCT
cjal-3204	544	20	report	report	NOUN
cjal-3204	544	21	to	to	ADP
cjal-3204	544	22	the	the	DET
cjal-3204	544	23	congress	congress	PROPN
cjal-3204	544	24	on	on	ADP
cjal-3204	544	25	markets	market	NOUN
cjal-3204	544	26	for	for	ADP
cjal-3204	544	27	small	small	ADJ
cjal-3204	544	28	-	-	PUNCT
cjal-3204	544	29	businessand	businessand	NOUN
cjal-3204	544	30	commercialmortgage	commercialmortgage	NOUN
cjal-3204	544	31	-	-	PUNCT
cjal-3204	544	32	related	relate	VERB
cjal-3204	544	33	securities	security	NOUN
cjal-3204	544	34	(	(	PUNCT
cjal-3204	544	35	sept	sept	PROPN
cjal-3204	544	36	.	.	PROPN
cjal-3204	544	37	2000	2000	NUM
cjal-3204	544	38	)	)	PUNCT
cjal-3204	544	39	;	;	PUNCT
cjal-3204	544	40	gregory	gregory	PROPN
cjal-3204	544	41	p.	p.	PROPN
cjal-3204	544	42	pressman	pressman	PROPN
cjal-3204	544	43	,	,	PUNCT
cjal-3204	544	44	issues	issue	NOUN
cjal-3204	544	45	in	in	ADP
cjal-3204	544	46	securitized	securitized	ADJ
cjal-3204	544	47	mortgage	mortgage	NOUN
cjal-3204	544	48	lending	lending	NOUN
cjal-3204	544	49	(	(	PUNCT
cjal-3204	544	50	n.y	n.y	PROPN
cjal-3204	544	51	.	.	PROPN
cjal-3204	544	52	law	law	PROPN
cjal-3204	544	53	j.	j.	PROPN
cjal-3204	544	54	,	,	PUNCT
cjal-3204	544	55	jan	jan	PROPN
cjal-3204	544	56	.	.	PROPN
cjal-3204	544	57	12	12	NUM
cjal-3204	544	58	,	,	PUNCT
cjal-3204	544	59	1998	1998	NUM
cjal-3204	544	60	)	)	PUNCT
cjal-3204	544	61	;	;	PUNCT
cjal-3204	544	62	alan	alan	PROPN
cjal-3204	544	63	kronovet	kronovet	PROPN
cjal-3204	544	64	,	,	PUNCT
cjal-3204	544	65	an	an	DET
cjal-3204	544	66	overview	overview	NOUN
cjal-3204	544	67	of	of	ADP
cjal-3204	544	68	commercial	commercial	ADJ
cjal-3204	544	69	mortgage	mortgage	NOUN
cjal-3204	544	70	backed	back	VERB
cjal-3204	544	71	securitization	securitization	NOUN
cjal-3204	544	72	:	:	PUNCT
cjal-3204	544	73	the	the	DET
cjal-3204	544	74	devil	devil	NOUN
cjal-3204	544	75	is	be	AUX
cjal-3204	544	76	in	in	ADP
cjal-3204	544	77	the	the	DET
cjal-3204	544	78	details	detail	NOUN
cjal-3204	544	79	,	,	PUNCT
cjal-3204	544	80	1	1	NUM
cjal-3204	544	81	n.c	n.c	PROPN
cjal-3204	544	82	.	.	PROPN
cjal-3204	544	83	banking	banking	NOUN
cjal-3204	544	84	inst	inst	NOUN
cjal-3204	544	85	.	.	PUNCT
cjal-3204	545	1	288	288	NUM
cjal-3204	545	2	(	(	PUNCT
cjal-3204	545	3	1997	1997	NUM
cjal-3204	545	4	)	)	PUNCT
cjal-3204	545	5	.	.	PUNCT
cjal-3204	546	1	69	69	NUM
cjal-3204	546	2	.	.	PUNCT
cjal-3204	547	1	about	about	ADV
cjal-3204	547	2	20	20	NUM
cjal-3204	547	3	states	state	NOUN
cjal-3204	547	4	use	use	VERB
cjal-3204	547	5	a	a	DET
cjal-3204	547	6	form	form	NOUN
cjal-3204	547	7	of	of	ADP
cjal-3204	547	8	mortgage	mortgage	NOUN
cjal-3204	547	9	termed	term	VERB
cjal-3204	547	10	a	a	DET
cjal-3204	547	11	"	"	PUNCT
cjal-3204	547	12	deed	deed	NOUN
cjal-3204	547	13	of	of	ADP
cjal-3204	547	14	trust	trust	NOUN
cjal-3204	547	15	.	.	PUNCT
cjal-3204	547	16	"	"	PUNCT
cjal-3204	548	1	a	a	DET
cjal-3204	548	2	few	few	ADJ
cjal-3204	548	3	states	state	NOUN
cjal-3204	548	4	have	have	VERB
cjal-3204	548	5	more	more	ADV
cjal-3204	548	6	unusual	unusual	ADJ
cjal-3204	548	7	forms	form	NOUN
cjal-3204	548	8	,	,	PUNCT
cjal-3204	548	9	such	such	ADJ
cjal-3204	548	10	as	as	ADP
cjal-3204	548	11	georgia	georgia	PROPN
cjal-3204	548	12	's	's	PART
cjal-3204	548	13	"	"	PUNCT
cjal-3204	548	14	deed	deed	NOUN
cjal-3204	548	15	to	to	PART
cjal-3204	548	16	secure	secure	VERB
cjal-3204	548	17	debt	debt	NOUN
cjal-3204	548	18	.	.	PUNCT
cjal-3204	548	19	"	"	PUNCT
cjal-3204	549	1	for	for	ADP
cjal-3204	549	2	most	most	ADJ
cjal-3204	549	3	purposes	purpose	NOUN
cjal-3204	549	4	these	these	DET
cjal-3204	549	5	variations	variation	NOUN
cjal-3204	549	6	on	on	ADP
cjal-3204	549	7	the	the	DET
cjal-3204	549	8	mortgage	mortgage	NOUN
cjal-3204	549	9	are	be	AUX
cjal-3204	549	10	unimportant	unimportant	ADJ
cjal-3204	549	11	.	.	PUNCT
cjal-3204	550	1	[	[	X
cjal-3204	550	2	15:1	15:1	NUM
cjal-3204	550	3	chinese	chinese	ADJ
cjal-3204	550	4	mortgage	mortgage	NOUN
cjal-3204	550	5	lw	lw	NOUN
cjal-3204	550	6	repayment	repayment	NOUN
cjal-3204	550	7	,	,	PUNCT
cjal-3204	550	8	and	and	CCONJ
cjal-3204	550	9	hence	hence	ADV
cjal-3204	550	10	is	be	AUX
cjal-3204	550	11	merely	merely	ADV
cjal-3204	550	12	ancillary	ancillary	ADJ
cjal-3204	550	13	to	to	ADP
cjal-3204	550	14	the	the	DET
cjal-3204	550	15	note	note	NOUN
cjal-3204	550	16	.	.	PUNCT
cjal-3204	551	1	when	when	SCONJ
cjal-3204	551	2	a	a	DET
cjal-3204	551	3	secondary	secondary	ADJ
cjal-3204	551	4	market	market	NOUN
cjal-3204	551	5	transfer	transfer	NOUN
cjal-3204	551	6	occurs	occur	VERB
cjal-3204	551	7	,	,	PUNCT
cjal-3204	551	8	the	the	DET
cjal-3204	551	9	note	note	NOUN
cjal-3204	551	10	represents	represent	VERB
cjal-3204	551	11	the	the	DET
cjal-3204	551	12	primary	primary	ADJ
cjal-3204	551	13	right	right	NOUN
cjal-3204	551	14	that	that	PRON
cjal-3204	551	15	must	must	AUX
cjal-3204	551	16	be	be	AUX
cjal-3204	551	17	transferred	transfer	VERB
cjal-3204	551	18	the	the	DET
cjal-3204	551	19	right	right	NOUN
cjal-3204	551	20	to	to	ADP
cjal-3204	551	21	the	the	DET
cjal-3204	551	22	money	money	NOUN
cjal-3204	551	23	.	.	PUNCT
cjal-3204	552	1	the	the	DET
cjal-3204	552	2	mortgage	mortgage	NOUN
cjal-3204	552	3	is	be	AUX
cjal-3204	552	4	said	say	VERB
cjal-3204	552	5	to	to	PART
cjal-3204	552	6	"	"	PUNCT
cjal-3204	552	7	follow	follow	VERB
cjal-3204	552	8	the	the	DET
cjal-3204	552	9	note	note	NOUN
cjal-3204	552	10	,	,	PUNCT
cjal-3204	552	11	"	"	PUNCT
cjal-3204	552	12	and	and	CCONJ
cjal-3204	552	13	in	in	ADP
cjal-3204	552	14	general	general	ADJ
cjal-3204	552	15	no	no	DET
cjal-3204	552	16	separate	separate	ADJ
cjal-3204	552	17	document	document	NOUN
cjal-3204	552	18	or	or	CCONJ
cjal-3204	552	19	action	action	NOUN
cjal-3204	552	20	is	be	AUX
cjal-3204	552	21	legally	legally	ADV
cjal-3204	552	22	required	require	VERB
cjal-3204	552	23	in	in	ADP
cjal-3204	552	24	order	order	NOUN
cjal-3204	552	25	to	to	PART
cjal-3204	552	26	transfer	transfer	VERB
cjal-3204	552	27	the	the	DET
cjal-3204	552	28	mortgage	mortgage	NOUN
cjal-3204	552	29	,	,	PUNCT
cjal-3204	552	30	although	although	SCONJ
cjal-3204	552	31	for	for	SCONJ
cjal-3204	552	32	some	some	DET
cjal-3204	552	33	purposes	purpose	NOUN
cjal-3204	552	34	a	a	DET
cjal-3204	552	35	document	document	NOUN
cjal-3204	552	36	"	"	PUNCT
cjal-3204	552	37	assigning	assign	VERB
cjal-3204	552	38	"	"	PUNCT
cjal-3204	552	39	the	the	DET
cjal-3204	552	40	mortgage	mortgage	NOUN
cjal-3204	552	41	is	be	AUX
cjal-3204	552	42	desirable.70	desirable.70	PRON
cjal-3204	552	43	however	however	ADV
cjal-3204	552	44	,	,	PUNCT
cjal-3204	552	45	there	there	PRON
cjal-3204	552	46	are	be	VERB
cjal-3204	552	47	two	two	NUM
cjal-3204	552	48	bodies	body	NOUN
cjal-3204	552	49	of	of	ADP
cjal-3204	552	50	law	law	NOUN
cjal-3204	552	51	that	that	PRON
cjal-3204	552	52	may	may	AUX
cjal-3204	552	53	govern	govern	VERB
cjal-3204	552	54	the	the	DET
cjal-3204	552	55	mechanics	mechanic	NOUN
cjal-3204	552	56	of	of	ADP
cjal-3204	552	57	transfer	transfer	NOUN
cjal-3204	552	58	of	of	ADP
cjal-3204	552	59	the	the	DET
cjal-3204	552	60	note	note	NOUN
cjal-3204	552	61	,	,	PUNCT
cjal-3204	552	62	depending	depend	VERB
cjal-3204	552	63	on	on	ADP
cjal-3204	552	64	whether	whether	SCONJ
cjal-3204	552	65	the	the	DET
cjal-3204	552	66	note	note	NOUN
cjal-3204	552	67	is	be	AUX
cjal-3204	552	68	considered	consider	VERB
cjal-3204	552	69	to	to	PART
cjal-3204	552	70	be	be	AUX
cjal-3204	552	71	"	"	PUNCT
cjal-3204	552	72	negotiable	negotiable	ADJ
cjal-3204	552	73	"	"	PUNCT
cjal-3204	552	74	or	or	CCONJ
cjal-3204	552	75	not	not	PART
cjal-3204	552	76	.	.	PUNCT
cjal-3204	553	1	negotiability	negotiability	NOUN
cjal-3204	553	2	is	be	AUX
cjal-3204	553	3	a	a	DET
cjal-3204	553	4	technical	technical	ADJ
cjal-3204	553	5	matter	matter	NOUN
cjal-3204	553	6	,	,	PUNCT
cjal-3204	553	7	and	and	CCONJ
cjal-3204	553	8	depends	depend	VERB
cjal-3204	553	9	on	on	ADP
cjal-3204	553	10	the	the	DET
cjal-3204	553	11	precise	precise	ADJ
cjal-3204	553	12	wording	wording	NOUN
cjal-3204	553	13	of	of	ADP
cjal-3204	553	14	the	the	DET
cjal-3204	553	15	note.7	note.7	NOUN
cjal-3204	553	16	'	'	PUNCT
cjal-3204	553	17	while	while	SCONJ
cjal-3204	553	18	in	in	ADP
cjal-3204	553	19	theory	theory	NOUN
cjal-3204	553	20	one	one	PRON
cjal-3204	553	21	can	can	AUX
cjal-3204	553	22	read	read	VERB
cjal-3204	553	23	a	a	DET
cjal-3204	553	24	note	note	NOUN
cjal-3204	553	25	and	and	CCONJ
cjal-3204	553	26	determine	determine	VERB
cjal-3204	553	27	whether	whether	SCONJ
cjal-3204	553	28	it	it	PRON
cjal-3204	553	29	is	be	AUX
cjal-3204	553	30	negotiable	negotiable	ADJ
cjal-3204	553	31	or	or	CCONJ
cjal-3204	553	32	not	not	PART
cjal-3204	553	33	,	,	PUNCT
cjal-3204	553	34	in	in	ADP
cjal-3204	553	35	practice	practice	NOUN
cjal-3204	553	36	the	the	DET
cjal-3204	553	37	question	question	NOUN
cjal-3204	553	38	is	be	AUX
cjal-3204	553	39	often	often	ADV
cjal-3204	553	40	unclear.72	unclear.72	ADJ
cjal-3204	553	41	if	if	SCONJ
cjal-3204	553	42	the	the	DET
cjal-3204	553	43	note	note	NOUN
cjal-3204	553	44	is	be	AUX
cjal-3204	553	45	negotiable	negotiable	ADJ
cjal-3204	553	46	,	,	PUNCT
cjal-3204	553	47	the	the	DET
cjal-3204	553	48	uniform	uniform	ADJ
cjal-3204	553	49	commercial	commercial	PROPN
cjal-3204	553	50	code	code	NOUN
cjal-3204	553	51	dictates	dictate	VERB
cjal-3204	553	52	that	that	SCONJ
cjal-3204	553	53	the	the	DET
cjal-3204	553	54	right	right	NOUN
cjal-3204	553	55	to	to	ADP
cjal-3204	553	56	payment	payment	NOUN
cjal-3204	553	57	under	under	ADP
cjal-3204	553	58	the	the	DET
cjal-3204	553	59	note	note	NOUN
cjal-3204	553	60	can	can	AUX
cjal-3204	553	61	be	be	AUX
cjal-3204	553	62	transferred	transfer	VERB
cjal-3204	553	63	only	only	ADV
cjal-3204	553	64	by	by	ADP
cjal-3204	553	65	delivery	delivery	NOUN
cjal-3204	553	66	of	of	ADP
cjal-3204	553	67	the	the	DET
cjal-3204	553	68	original	original	ADJ
cjal-3204	553	69	physical	physical	ADJ
cjal-3204	553	70	document	document	NOUN
cjal-3204	553	71	the	the	DET
cjal-3204	553	72	note	note	NOUN
cjal-3204	553	73	itself	itself	PRON
cjal-3204	553	74	.	.	PUNCT
cjal-3204	554	1	no	no	DET
cjal-3204	554	2	other	other	ADJ
cjal-3204	554	3	method	method	NOUN
cjal-3204	554	4	of	of	ADP
cjal-3204	554	5	transfer	transfer	NOUN
cjal-3204	554	6	is	be	AUX
cjal-3204	554	7	possible.7	possible.7	NOUN
cjal-3204	554	8	3	3	NUM
cjal-3204	554	9	in	in	ADP
cjal-3204	554	10	effect	effect	NOUN
cjal-3204	554	11	,	,	PUNCT
cjal-3204	554	12	a	a	DET
cjal-3204	554	13	negotiable	negotiable	ADJ
cjal-3204	554	14	note	note	NOUN
cjal-3204	554	15	is	be	AUX
cjal-3204	554	16	the	the	DET
cjal-3204	554	17	reified	reified	ADJ
cjal-3204	554	18	form	form	NOUN
cjal-3204	554	19	of	of	ADP
cjal-3204	554	20	the	the	DET
cjal-3204	554	21	obligation	obligation	NOUN
cjal-3204	554	22	itself	itself	PRON
cjal-3204	554	23	a	a	DET
cjal-3204	554	24	concept	concept	NOUN
cjal-3204	554	25	that	that	PRON
cjal-3204	554	26	seems	seem	VERB
cjal-3204	554	27	quaint	quaint	NOUN
cjal-3204	554	28	to	to	ADP
cjal-3204	554	29	the	the	DET
cjal-3204	554	30	modem	modem	PROPN
cjal-3204	554	31	mind	mind	NOUN
cjal-3204	554	32	,	,	PUNCT
cjal-3204	554	33	and	and	CCONJ
cjal-3204	554	34	whose	whose	DET
cjal-3204	554	35	only	only	ADJ
cjal-3204	554	36	parallels	parallel	NOUN
cjal-3204	554	37	today	today	NOUN
cjal-3204	554	38	are	be	AUX
cjal-3204	554	39	currency	currency	NOUN
cjal-3204	554	40	70	70	NUM
cjal-3204	554	41	.	.	PUNCT
cjal-3204	555	1	there	there	PRON
cjal-3204	555	2	are	be	VERB
cjal-3204	555	3	two	two	NUM
cjal-3204	555	4	reasons	reason	NOUN
cjal-3204	555	5	a	a	DET
cjal-3204	555	6	mortgage	mortgage	NOUN
cjal-3204	555	7	assignment	assignment	NOUN
cjal-3204	555	8	is	be	AUX
cjal-3204	555	9	desirable	desirable	ADJ
cjal-3204	555	10	.	.	PUNCT
cjal-3204	556	1	one	one	NUM
cjal-3204	556	2	is	be	AUX
cjal-3204	556	3	that	that	SCONJ
cjal-3204	556	4	in	in	ADP
cjal-3204	556	5	a	a	DET
cjal-3204	556	6	number	number	NOUN
cjal-3204	556	7	of	of	ADP
cjal-3204	556	8	states	state	NOUN
cjal-3204	556	9	,	,	PUNCT
cjal-3204	556	10	one	one	NUM
cjal-3204	556	11	is	be	AUX
cjal-3204	556	12	not	not	PART
cjal-3204	556	13	permitted	permit	VERB
cjal-3204	556	14	to	to	PART
cjal-3204	556	15	foreclose	foreclose	VERB
cjal-3204	556	16	a	a	DET
cjal-3204	556	17	mortgage	mortgage	NOUN
cjal-3204	556	18	unless	unless	SCONJ
cjal-3204	556	19	one	one	PRON
cjal-3204	556	20	has	have	VERB
cjal-3204	556	21	a	a	DET
cjal-3204	556	22	recorded	record	VERB
cjal-3204	556	23	chain	chain	NOUN
cjal-3204	556	24	of	of	ADP
cjal-3204	556	25	title	title	NOUN
cjal-3204	556	26	to	to	ADP
cjal-3204	556	27	the	the	DET
cjal-3204	556	28	mortgage	mortgage	NOUN
cjal-3204	556	29	itself	itself	PRON
cjal-3204	556	30	,	,	PUNCT
cjal-3204	556	31	and	and	CCONJ
cjal-3204	556	32	this	this	PRON
cjal-3204	556	33	can	can	AUX
cjal-3204	556	34	be	be	AUX
cjal-3204	556	35	accomplished	accomplish	VERB
cjal-3204	556	36	only	only	ADV
cjal-3204	556	37	by	by	ADP
cjal-3204	556	38	recording	record	VERB
cjal-3204	556	39	a	a	DET
cjal-3204	556	40	chain	chain	NOUN
cjal-3204	556	41	of	of	ADP
cjal-3204	556	42	assignments	assignment	NOUN
cjal-3204	556	43	in	in	ADP
cjal-3204	556	44	the	the	DET
cjal-3204	556	45	public	public	ADJ
cjal-3204	556	46	records	record	NOUN
cjal-3204	556	47	.	.	PUNCT
cjal-3204	557	1	see	see	VERB
cjal-3204	557	2	,	,	PUNCT
cjal-3204	557	3	e.g.	e.g.	ADV
cjal-3204	557	4	,	,	PUNCT
cjal-3204	557	5	idaho	idaho	PROPN
cjal-3204	557	6	code	code	NOUN
cjal-3204	557	7	§	§	PROPN
cjal-3204	557	8	45	45	NUM
cjal-3204	557	9	-	-	PUNCT
cjal-3204	557	10	1505(1	1505(1	NUM
cjal-3204	557	11	)	)	PUNCT
cjal-3204	557	12	;	;	PUNCT
cjal-3204	558	1	mich	mich	PROPN
cjal-3204	558	2	.	.	PUNCT
cjal-3204	558	3	comp	comp	PROPN
cjal-3204	558	4	.	.	PUNCT
cjal-3204	559	1	l.	l.	PROPN
cjal-3204	559	2	ann	ann	PROPN
cjal-3204	559	3	.	.	PUNCT
cjal-3204	560	1	§	§	PROPN
cjal-3204	560	2	600.3204(c	600.3204(c	NOUN
cjal-3204	560	3	)	)	PUNCT
cjal-3204	560	4	;	;	PUNCT
cjal-3204	561	1	minn	minn	PROPN
cjal-3204	561	2	.	.	PUNCT
cjal-3204	561	3	stat	stat	PROPN
cjal-3204	561	4	.	.	PUNCT
cjal-3204	562	1	580.02(3	580.02(3	NUM
cjal-3204	562	2	)	)	PUNCT
cjal-3204	562	3	;	;	PUNCT
cjal-3204	562	4	s.d	s.d	PROPN
cjal-3204	562	5	.	.	PROPN
cjal-3204	562	6	codified	codify	VERB
cjal-3204	562	7	laws	law	NOUN
cjal-3204	562	8	§	§	PROPN
cjal-3204	562	9	21	21	NUM
cjal-3204	562	10	-	-	SYM
cjal-3204	562	11	48	48	NUM
cjal-3204	562	12	-	-	SYM
cjal-3204	562	13	2	2	NUM
cjal-3204	562	14	.	.	PUNCT
cjal-3204	563	1	see	see	VERB
cjal-3204	563	2	arnold	arnold	PROPN
cjal-3204	563	3	v.	v.	ADP
cjal-3204	563	4	dmr	dmr	PROPN
cjal-3204	563	5	finanical	finanical	PROPN
cjal-3204	563	6	services	services	PROPN
cjal-3204	563	7	,	,	PUNCT
cjal-3204	563	8	inc	inc	PROPN
cjal-3204	563	9	.	.	PROPN
cjal-3204	563	10	,	,	PUNCT
cjal-3204	563	11	532	532	NUM
cjal-3204	563	12	nav.2d	nav.2d	NUM
cjal-3204	563	13	852	852	NUM
cjal-3204	563	14	(	(	PUNCT
cjal-3204	563	15	mich	mich	PROPN
cjal-3204	563	16	.	.	PROPN
cjal-3204	563	17	1995	1995	NUM
cjal-3204	563	18	)	)	PUNCT
cjal-3204	563	19	(	(	PUNCT
cjal-3204	563	20	foreclosure	foreclosure	NOUN
cjal-3204	563	21	by	by	ADP
cjal-3204	563	22	holder	holder	NOUN
cjal-3204	563	23	of	of	ADP
cjal-3204	563	24	note	note	NOUN
cjal-3204	563	25	who	who	PRON
cjal-3204	563	26	lacked	lack	VERB
cjal-3204	563	27	a	a	DET
cjal-3204	563	28	recorded	record	VERB
cjal-3204	563	29	chain	chain	NOUN
cjal-3204	563	30	of	of	ADP
cjal-3204	563	31	assignments	assignment	NOUN
cjal-3204	563	32	was	be	AUX
cjal-3204	563	33	voidable	voidable	ADJ
cjal-3204	563	34	,	,	PUNCT
cjal-3204	563	35	not	not	PART
cjal-3204	563	36	void	void	ADJ
cjal-3204	563	37	,	,	PUNCT
cjal-3204	563	38	and	and	CCONJ
cjal-3204	563	39	would	would	AUX
cjal-3204	563	40	be	be	AUX
cjal-3204	563	41	upheld	uphold	VERB
cjal-3204	563	42	if	if	SCONJ
cjal-3204	563	43	the	the	DET
cjal-3204	563	44	mortgagor	mortgagor	NOUN
cjal-3204	563	45	was	be	AUX
cjal-3204	563	46	not	not	PART
cjal-3204	563	47	harmed	harm	VERB
cjal-3204	563	48	)	)	PUNCT
cjal-3204	563	49	;	;	PUNCT
cjal-3204	563	50	family	family	NOUN
cjal-3204	563	51	financial	financial	ADJ
cjal-3204	563	52	services	services	PROPN
cjal-3204	563	53	,	,	PUNCT
cjal-3204	563	54	inc	inc	PROPN
cjal-3204	563	55	.	.	PROPN
cjal-3204	563	56	v	v	PROPN
cjal-3204	563	57	spencer	spencer	PROPN
cjal-3204	563	58	,	,	PUNCT
cjal-3204	563	59	41	41	NUM
cjal-3204	563	60	conn	conn	PROPN
cjal-3204	563	61	.	.	PROPN
cjal-3204	563	62	app	app	PROPN
cjal-3204	563	63	.	.	PROPN
cjal-3204	563	64	754	754	NUM
cjal-3204	563	65	,	,	PUNCT
cjal-3204	563	66	677	677	NUM
cjal-3204	563	67	a.2d	a.2d	SYM
cjal-3204	563	68	479	479	NUM
cjal-3204	563	69	(	(	PUNCT
cjal-3204	563	70	1996	1996	NUM
cjal-3204	563	71	)	)	PUNCT
cjal-3204	563	72	,	,	PUNCT
cjal-3204	563	73	construing	construe	VERB
cjal-3204	563	74	the	the	DET
cjal-3204	563	75	connecticut	connecticut	PROPN
cjal-3204	563	76	recording	recording	NOUN
cjal-3204	563	77	act	act	NOUN
cjal-3204	563	78	to	to	PART
cjal-3204	563	79	deprive	deprive	VERB
cjal-3204	563	80	a	a	DET
cjal-3204	563	81	mortgage	mortgage	NOUN
cjal-3204	563	82	assignee	assignee	NOUN
cjal-3204	563	83	of	of	ADP
cjal-3204	563	84	standing	stand	VERB
cjal-3204	563	85	to	to	PART
cjal-3204	563	86	foreclose	foreclose	VERB
cjal-3204	563	87	where	where	SCONJ
cjal-3204	563	88	the	the	DET
cjal-3204	563	89	assignment	assignment	NOUN
cjal-3204	563	90	was	be	AUX
cjal-3204	563	91	unrecorded	unrecorded	ADJ
cjal-3204	563	92	.	.	PUNCT
cjal-3204	564	1	a	a	DET
cjal-3204	564	2	second	second	ADJ
cjal-3204	564	3	reason	reason	NOUN
cjal-3204	564	4	that	that	SCONJ
cjal-3204	564	5	a	a	DET
cjal-3204	564	6	written	write	VERB
cjal-3204	564	7	,	,	PUNCT
cjal-3204	564	8	recorded	record	VERB
cjal-3204	564	9	assignment	assignment	NOUN
cjal-3204	564	10	of	of	ADP
cjal-3204	564	11	the	the	DET
cjal-3204	564	12	mortgage	mortgage	NOUN
cjal-3204	564	13	is	be	AUX
cjal-3204	564	14	desirable	desirable	ADJ
cjal-3204	564	15	is	be	AUX
cjal-3204	564	16	that	that	SCONJ
cjal-3204	564	17	it	it	PRON
cjal-3204	564	18	is	be	AUX
cjal-3204	564	19	possible	possible	ADJ
cjal-3204	564	20	that	that	SCONJ
cjal-3204	564	21	the	the	DET
cjal-3204	564	22	original	original	ADJ
cjal-3204	564	23	mortgage	mortgage	NOUN
cjal-3204	564	24	lender	lender	NOUN
cjal-3204	564	25	will	will	AUX
cjal-3204	564	26	make	make	VERB
cjal-3204	564	27	an	an	DET
cjal-3204	564	28	unrecorded	unrecorded	ADJ
cjal-3204	564	29	assignment	assignment	NOUN
cjal-3204	564	30	and	and	CCONJ
cjal-3204	564	31	then	then	ADV
cjal-3204	564	32	%	%	INTJ
cjal-3204	564	33	%	%	INTJ
cjal-3204	564	34	ill	ill	ADJ
cjal-3204	564	35	fraudulently	fraudulently	ADV
cjal-3204	564	36	and	and	CCONJ
cjal-3204	564	37	improperly	improperly	ADV
cjal-3204	564	38	purport	purport	VERB
cjal-3204	564	39	to	to	PART
cjal-3204	564	40	release	release	VERB
cjal-3204	564	41	the	the	DET
cjal-3204	564	42	mortgage	mortgage	NOUN
cjal-3204	564	43	to	to	ADP
cjal-3204	564	44	the	the	DET
cjal-3204	564	45	borrower	borrower	NOUN
cjal-3204	564	46	.	.	PUNCT
cjal-3204	565	1	the	the	DET
cjal-3204	565	2	borrowver	borrowver	NOUN
cjal-3204	565	3	will	will	AUX
cjal-3204	565	4	then	then	ADV
cjal-3204	565	5	appear	appear	VERB
cjal-3204	565	6	to	to	PART
cjal-3204	565	7	have	have	VERB
cjal-3204	565	8	unencumbered	unencumbered	ADJ
cjal-3204	565	9	title	title	NOUN
cjal-3204	565	10	to	to	ADP
cjal-3204	565	11	the	the	DET
cjal-3204	565	12	real	real	ADJ
cjal-3204	565	13	estate	estate	NOUN
cjal-3204	565	14	,	,	PUNCT
cjal-3204	565	15	and	and	CCONJ
cjal-3204	565	16	make	make	VERB
cjal-3204	565	17	sell	sell	NOUN
cjal-3204	565	18	or	or	CCONJ
cjal-3204	565	19	mortgage	mortgage	VERB
cjal-3204	565	20	it	it	PRON
cjal-3204	565	21	to	to	ADP
cjal-3204	565	22	a	a	DET
cjal-3204	565	23	bona	bona	ADJ
cjal-3204	565	24	tide	tide	NOUN
cjal-3204	565	25	purchaser	purchaser	NOUN
cjal-3204	565	26	(	(	PUNCT
cjal-3204	565	27	bfp	bfp	PROPN
cjal-3204	565	28	)	)	PUNCT
cjal-3204	565	29	.	.	PUNCT
cjal-3204	566	1	most	most	ADJ
cjal-3204	566	2	of	of	ADP
cjal-3204	566	3	the	the	DET
cjal-3204	566	4	american	american	ADJ
cjal-3204	566	5	cases	case	NOUN
cjal-3204	566	6	uphold	uphold	VERB
cjal-3204	566	7	the	the	DET
cjal-3204	566	8	bfp	bfp	NOUN
cjal-3204	566	9	's	's	PART
cjal-3204	566	10	claim	claim	NOUN
cjal-3204	566	11	on	on	ADP
cjal-3204	566	12	these	these	DET
cjal-3204	566	13	facts	fact	NOUN
cjal-3204	566	14	.	.	PUNCT
cjal-3204	567	1	see	see	VERB
cjal-3204	567	2	.	.	PUNCT
cjal-3204	568	1	e.g.	e.g.	ADV
cjal-3204	568	2	,	,	PUNCT
cjal-3204	568	3	ameribank	ameribank	VERB
cjal-3204	568	4	sav	sav	PROPN
cjal-3204	568	5	.	.	PUNCT
cjal-3204	569	1	banks	bank	NOUN
cjal-3204	569	2	v.	v.	ADP
cjal-3204	569	3	resolution	resolution	PROPN
cjal-3204	569	4	trust	trust	PROPN
cjal-3204	569	5	corp	corp	PROPN
cjal-3204	569	6	.	.	PROPN
cjal-3204	569	7	,	,	PUNCT
cjal-3204	569	8	858	858	NUM
cjal-3204	569	9	f.	f.	PROPN
cjal-3204	569	10	supp	supp	PROPN
cjal-3204	569	11	.	.	PUNCT
cjal-3204	570	1	576	576	NUM
cjal-3204	570	2	(	(	PUNCT
cjal-3204	570	3	e.d.va	e.d.va	ADJ
cjal-3204	570	4	.	.	X
cjal-3204	570	5	1994	1994	NUM
cjal-3204	570	6	)	)	PUNCT
cjal-3204	570	7	;	;	PUNCT
cjal-3204	570	8	kansas	kansas	PROPN
cjal-3204	570	9	city	city	PROPN
cjal-3204	570	10	mortgage	mortgage	PROPN
cjal-3204	570	11	co.	co.	PROPN
cjal-3204	570	12	v.	v.	ADP
cjal-3204	570	13	crowell	crowell	PROPN
cjal-3204	570	14	,	,	PUNCT
cjal-3204	570	15	239	239	NUM
cjal-3204	570	16	so.2d	so.2d	NUM
cjal-3204	570	17	130	130	NUM
cjal-3204	570	18	(	(	PUNCT
cjal-3204	570	19	fla	fla	PROPN
cjal-3204	570	20	.	.	PUNCT
cjal-3204	571	1	app	app	PROPN
cjal-3204	571	2	.	.	PROPN
cjal-3204	571	3	1970	1970	NUM
cjal-3204	571	4	)	)	PUNCT
cjal-3204	572	1	;	;	PUNCT
cjal-3204	572	2	brenner	brenner	NOUN
cjal-3204	572	3	%	%	PROPN
cjal-3204	572	4	v.	v.	CCONJ
cjal-3204	572	5	ret	ret	PROPN
cjal-3204	572	6	,	,	PUNCT
cjal-3204	572	7	28	28	NUM
cjal-3204	572	8	dii.app.2d	dii.app.2d	NOUN
cjal-3204	572	9	219	219	NUM
cjal-3204	572	10	,	,	PUNCT
cjal-3204	572	11	170	170	NUM
cjal-3204	572	12	n.e.2d	n.e.2d	NOUN
cjal-3204	572	13	897	897	NUM
cjal-3204	572	14	(	(	PUNCT
cjal-3204	572	15	1960	1960	NUM
cjal-3204	572	16	)	)	PUNCT
cjal-3204	572	17	.	.	PUNCT
cjal-3204	573	1	see	see	VERB
cjal-3204	573	2	generally	generally	ADV
cjal-3204	573	3	ann	ann	PROPN
cjal-3204	573	4	burkhart	burkhart	PROPN
cjal-3204	573	5	,	,	PUNCT
cjal-3204	573	6	third	third	ADJ
cjal-3204	573	7	paro	paro	NOUN
cjal-3204	573	8	defenses	defense	NOUN
cjal-3204	573	9	to	to	ADP
cjal-3204	573	10	mortgages	mortgage	NOUN
cjal-3204	573	11	,	,	PUNCT
cjal-3204	573	12	1998	1998	NUM
cjal-3204	573	13	byu	byu	PROPN
cjal-3204	573	14	l	l	PROPN
cjal-3204	573	15	rev	rev	PROPN
cjal-3204	573	16	.	.	PROPN
cjal-3204	573	17	1003	1003	NUM
cjal-3204	573	18	,	,	PUNCT
cjal-3204	573	19	at	at	ADP
cjal-3204	573	20	n.	n.	PROPN
cjal-3204	573	21	43	43	NUM
cjal-3204	573	22	-	-	SYM
cjal-3204	573	23	51	51	NUM
cjal-3204	573	24	.	.	PUNCT
cjal-3204	574	1	71	71	NUM
cjal-3204	574	2	.	.	PUNCT
cjal-3204	575	1	see	see	VERB
cjal-3204	575	2	nelson	nelson	PROPN
cjal-3204	575	3	&	&	CCONJ
cjal-3204	575	4	whitman	whitman	PROPN
cjal-3204	575	5	,	,	PUNCT
cjal-3204	575	6	supra	supra	PROPN
cjal-3204	575	7	note	note	PROPN
cjal-3204	575	8	1	1	NUM
cjal-3204	575	9	,	,	PUNCT
cjal-3204	575	10	at	at	ADP
cjal-3204	575	11	§	§	PROPN
cjal-3204	575	12	5.29	5.29	NUM
cjal-3204	575	13	.	.	NOUN
cjal-3204	575	14	72	72	NUM
cjal-3204	575	15	.	.	PUNCT
cjal-3204	576	1	negotiability	negotiability	NOUN
cjal-3204	576	2	depends	depend	VERB
cjal-3204	576	3	on	on	ADP
cjal-3204	576	4	the	the	DET
cjal-3204	576	5	precise	precise	ADJ
cjal-3204	576	6	wording	wording	NOUN
cjal-3204	576	7	of	of	ADP
cjal-3204	576	8	the	the	DET
cjal-3204	576	9	note	note	NOUN
cjal-3204	576	10	,	,	PUNCT
cjal-3204	576	11	and	and	CCONJ
cjal-3204	576	12	is	be	AUX
cjal-3204	576	13	governed	govern	VERB
cjal-3204	576	14	by	by	ADP
cjal-3204	576	15	u.c.c	u.c.c	NOUN
cjal-3204	576	16	.	.	PUNCT
cjal-3204	577	1	§	§	PROPN
cjal-3204	577	2	3104	3104	NUM
cjal-3204	577	3	.	.	PUNCT
cjal-3204	578	1	to	to	PART
cjal-3204	578	2	be	be	AUX
cjal-3204	578	3	negotiable	negotiable	ADJ
cjal-3204	578	4	,	,	PUNCT
cjal-3204	578	5	the	the	DET
cjal-3204	578	6	note	note	NOUN
cjal-3204	578	7	must	must	AUX
cjal-3204	578	8	contain	contain	VERB
cjal-3204	578	9	an	an	DET
cjal-3204	578	10	"	"	PUNCT
cjal-3204	578	11	unconditional	unconditional	ADJ
cjal-3204	578	12	promise	promise	NOUN
cjal-3204	578	13	or	or	CCONJ
cjal-3204	578	14	order	order	NOUN
cjal-3204	578	15	to	to	PART
cjal-3204	578	16	pay	pay	VERB
cjal-3204	578	17	a	a	DET
cjal-3204	578	18	fixed	fix	VERB
cjal-3204	578	19	amount	amount	NOUN
cjal-3204	578	20	of	of	ADP
cjal-3204	578	21	money	money	NOUN
cjal-3204	578	22	;	;	PUNCT
cjal-3204	578	23	"	"	PUNCT
cjal-3204	578	24	must	must	AUX
cjal-3204	578	25	be	be	AUX
cjal-3204	578	26	"	"	PUNCT
cjal-3204	578	27	payable	payable	ADJ
cjal-3204	578	28	to	to	PART
cjal-3204	578	29	bearer	bearer	NOUN
cjal-3204	578	30	or	or	CCONJ
cjal-3204	578	31	to	to	PART
cjal-3204	578	32	order	order	VERB
cjal-3204	578	33	,	,	PUNCT
cjal-3204	578	34	"	"	PUNCT
cjal-3204	578	35	must	must	AUX
cjal-3204	578	36	be	be	AUX
cjal-3204	578	37	"	"	PUNCT
cjal-3204	578	38	payable	payable	ADJ
cjal-3204	578	39	on	on	ADP
cjal-3204	578	40	demand	demand	NOUN
cjal-3204	578	41	or	or	CCONJ
cjal-3204	578	42	at	at	ADP
cjal-3204	578	43	a	a	DET
cjal-3204	578	44	definite	definite	ADJ
cjal-3204	578	45	time	time	NOUN
cjal-3204	578	46	;	;	PUNCT
cjal-3204	578	47	"	"	PUNCT
cjal-3204	578	48	and	and	CCONJ
cjal-3204	578	49	must	must	AUX
cjal-3204	578	50	not	not	PART
cjal-3204	578	51	"	"	PUNCT
cjal-3204	578	52	state	state	VERB
cjal-3204	578	53	any	any	DET
cjal-3204	578	54	other	other	ADJ
cjal-3204	578	55	undertaking	undertaking	NOUN
cjal-3204	578	56	or	or	CCONJ
cjal-3204	578	57	instruction	instruction	NOUN
cjal-3204	578	58	by	by	ADP
cjal-3204	578	59	the	the	DET
cjal-3204	578	60	person	person	NOUN
cjal-3204	578	61	promising	promise	VERB
cjal-3204	578	62	or	or	CCONJ
cjal-3204	578	63	ordering	order	VERB
cjal-3204	578	64	payment	payment	NOUN
cjal-3204	578	65	to	to	PART
cjal-3204	578	66	do	do	VERB
cjal-3204	578	67	any	any	DET
cjal-3204	578	68	act	act	NOUN
cjal-3204	578	69	in	in	ADP
cjal-3204	578	70	addition	addition	NOUN
cjal-3204	578	71	to	to	ADP
cjal-3204	578	72	the	the	DET
cjal-3204	578	73	payment	payment	NOUN
cjal-3204	578	74	of	of	ADP
cjal-3204	578	75	money	money	NOUN
cjal-3204	578	76	,	,	PUNCT
cjal-3204	578	77	"	"	PUNCT
cjal-3204	578	78	with	with	ADP
cjal-3204	578	79	several	several	ADJ
cjal-3204	578	80	exceptions	exception	NOUN
cjal-3204	578	81	.	.	PUNCT
cjal-3204	579	1	each	each	PRON
cjal-3204	579	2	of	of	ADP
cjal-3204	579	3	these	these	DET
cjal-3204	579	4	phrases	phrase	NOUN
cjal-3204	579	5	is	be	AUX
cjal-3204	579	6	highly	highly	ADV
cjal-3204	579	7	technical	technical	ADJ
cjal-3204	579	8	and	and	CCONJ
cjal-3204	579	9	subject	subject	ADJ
cjal-3204	579	10	to	to	ADP
cjal-3204	579	11	judicial	judicial	ADJ
cjal-3204	579	12	interpretation	interpretation	NOUN
cjal-3204	579	13	.	.	PUNCT
cjal-3204	580	1	see	see	VERB
cjal-3204	580	2	ronald	ronald	PROPN
cjal-3204	580	3	mann	mann	PROPN
cjal-3204	580	4	,	,	PUNCT
cjal-3204	580	5	searching	search	VERB
cjal-3204	580	6	for	for	ADP
cjal-3204	580	7	negotiability	negotiability	NOUN
cjal-3204	580	8	in	in	ADP
cjal-3204	580	9	payment	payment	NOUN
cjal-3204	580	10	and	and	CCONJ
cjal-3204	580	11	credit	credit	NOUN
cjal-3204	580	12	systems	system	NOUN
cjal-3204	580	13	,	,	PUNCT
cjal-3204	580	14	44	44	NUM
cjal-3204	580	15	ucla	ucla	PROPN
cjal-3204	580	16	l.	l.	PROPN
cjal-3204	580	17	rev	rev	PROPN
cjal-3204	580	18	.	.	PROPN
cjal-3204	580	19	951	951	NUM
cjal-3204	580	20	(	(	PUNCT
cjal-3204	580	21	1997	1997	NUM
cjal-3204	580	22	)	)	PUNCT
cjal-3204	580	23	.	.	PUNCT
cjal-3204	581	1	at	at	ADP
cjal-3204	581	2	n.	n.	PROPN
cjal-3204	581	3	67	67	NUM
cjal-3204	581	4	-	-	SYM
cjal-3204	581	5	70	70	NUM
cjal-3204	581	6	,	,	PUNCT
cjal-3204	581	7	discussing	discuss	VERB
cjal-3204	581	8	whether	whether	SCONJ
cjal-3204	581	9	the	the	DET
cjal-3204	581	10	fannie	fannie	PROPN
cjal-3204	581	11	maelfreddie	maelfreddie	PROPN
cjal-3204	581	12	mac	mac	PROPN
cjal-3204	581	13	one	one	NUM
cjal-3204	581	14	-	-	PUNCT
cjal-3204	581	15	to	to	ADP
cjal-3204	581	16	-	-	PUNCT
cjal-3204	581	17	four	four	NUM
cjal-3204	581	18	-	-	PUNCT
cjal-3204	581	19	family	family	NOUN
cjal-3204	581	20	residential	residential	ADJ
cjal-3204	581	21	mortgage	mortgage	NOUN
cjal-3204	581	22	note	note	NOUN
cjal-3204	581	23	is	be	AUX
cjal-3204	581	24	negotiable	negotiable	ADJ
cjal-3204	581	25	,	,	PUNCT
cjal-3204	581	26	and	and	CCONJ
cjal-3204	581	27	concluding	conclude	VERB
cjal-3204	581	28	that	that	SCONJ
cjal-3204	581	29	it	it	PRON
cjal-3204	581	30	is	be	AUX
cjal-3204	581	31	probably	probably	ADV
cjal-3204	581	32	not	not	PART
cjal-3204	581	33	,	,	PUNCT
cjal-3204	581	34	although	although	SCONJ
cjal-3204	581	35	the	the	DET
cjal-3204	581	36	matter	matter	NOUN
cjal-3204	581	37	is	be	AUX
cjal-3204	581	38	uncertain	uncertain	ADJ
cjal-3204	581	39	.	.	PUNCT
cjal-3204	582	1	73	73	NUM
cjal-3204	582	2	.	.	PUNCT
cjal-3204	583	1	u.c.c	u.c.c	NOUN
cjal-3204	583	2	.	.	PUNCT
cjal-3204	584	1	§	§	PROPN
cjal-3204	584	2	3	3	PROPN
cjal-3204	584	3	-	-	SYM
cjal-3204	584	4	203(a	203(a	NUM
cjal-3204	584	5	)	)	PUNCT
cjal-3204	584	6	provides	provide	VERB
cjal-3204	584	7	that	that	SCONJ
cjal-3204	584	8	"	"	PUNCT
cjal-3204	584	9	an	an	DET
cjal-3204	584	10	instrument	instrument	NOUN
cjal-3204	584	11	is	be	AUX
cjal-3204	584	12	transferred	transfer	VERB
cjal-3204	584	13	vhen	vhen	PROPN
cjal-3204	584	14	it	it	PRON
cjal-3204	584	15	is	be	AUX
cjal-3204	584	16	delivered	deliver	VERB
cjal-3204	584	17	by	by	ADP
cjal-3204	584	18	a	a	DET
cjal-3204	584	19	person	person	NOUN
cjal-3204	584	20	other	other	ADJ
cjal-3204	584	21	than	than	ADP
cjal-3204	584	22	the	the	DET
cjal-3204	584	23	issuer	issuer	NOUN
cjal-3204	584	24	for	for	ADP
cjal-3204	584	25	the	the	DET
cjal-3204	584	26	purpose	purpose	NOUN
cjal-3204	584	27	of	of	ADP
cjal-3204	584	28	giving	give	VERB
cjal-3204	584	29	to	to	ADP
cjal-3204	584	30	the	the	DET
cjal-3204	584	31	person	person	NOUN
cjal-3204	584	32	receiving	receive	VERB
cjal-3204	584	33	deliver	deliver	NOUN
cjal-3204	584	34	the	the	DET
cjal-3204	584	35	right	right	NOUN
cjal-3204	584	36	to	to	PART
cjal-3204	584	37	enforce	enforce	VERB
cjal-3204	584	38	the	the	DET
cjal-3204	584	39	instrument	instrument	NOUN
cjal-3204	584	40	.	.	PUNCT
cjal-3204	584	41	"	"	PUNCT
cjal-3204	585	1	2001	2001	NUM
cjal-3204	585	2	]	]	PUNCT
cjal-3204	585	3	columbia	columbia	PROPN
cjal-3204	585	4	journal	journal	PROPN
cjal-3204	585	5	of	of	ADP
cjal-3204	585	6	asian	asian	ADJ
cjal-3204	585	7	law	law	PROPN
cjal-3204	585	8	and	and	CCONJ
cjal-3204	585	9	bearer	bearer	NOUN
cjal-3204	585	10	bonds	bond	NOUN
cjal-3204	585	11	.	.	PUNCT
cjal-3204	586	1	74	74	NUM
cjal-3204	586	2	on	on	ADP
cjal-3204	586	3	the	the	DET
cjal-3204	586	4	other	other	ADJ
cjal-3204	586	5	hand	hand	NOUN
cjal-3204	586	6	,	,	PUNCT
cjal-3204	586	7	a	a	DET
cjal-3204	586	8	nonnegotiable	nonnegotiable	ADJ
cjal-3204	586	9	note	note	NOUN
cjal-3204	586	10	may	may	AUX
cjal-3204	586	11	be	be	AUX
cjal-3204	586	12	transferred	transfer	VERB
cjal-3204	586	13	either	either	ADV
cjal-3204	586	14	by	by	ADP
cjal-3204	586	15	delivery	delivery	NOUN
cjal-3204	586	16	of	of	ADP
cjal-3204	586	17	the	the	DET
cjal-3204	586	18	note	note	NOUN
cjal-3204	586	19	or	or	CCONJ
cjal-3204	586	20	by	by	ADP
cjal-3204	586	21	a	a	DET
cjal-3204	586	22	separate	separate	ADJ
cjal-3204	586	23	contractual	contractual	ADJ
cjal-3204	586	24	document	document	NOUN
cjal-3204	586	25	of	of	ADP
cjal-3204	586	26	assignment	assignment	NOUN
cjal-3204	586	27	.	.	PUNCT
cjal-3204	587	1	because	because	SCONJ
cjal-3204	587	2	negotiability	negotiability	NOUN
cjal-3204	587	3	is	be	AUX
cjal-3204	587	4	often	often	ADV
cjal-3204	587	5	uncertain	uncertain	ADJ
cjal-3204	587	6	,	,	PUNCT
cjal-3204	587	7	mortgage	mortgage	NOUN
cjal-3204	587	8	investors	investor	NOUN
cjal-3204	587	9	in	in	ADP
cjal-3204	587	10	the	the	DET
cjal-3204	587	11	united	united	PROPN
cjal-3204	587	12	states	states	PROPN
cjal-3204	587	13	nearly	nearly	ADV
cjal-3204	587	14	always	always	ADV
cjal-3204	587	15	use	use	VERB
cjal-3204	587	16	the	the	DET
cjal-3204	587	17	method	method	NOUN
cjal-3204	587	18	of	of	ADP
cjal-3204	587	19	physical	physical	ADJ
cjal-3204	587	20	delivery	delivery	NOUN
cjal-3204	587	21	of	of	ADP
cjal-3204	587	22	the	the	DET
cjal-3204	587	23	note	note	NOUN
cjal-3204	587	24	to	to	PART
cjal-3204	587	25	signify	signify	VERB
cjal-3204	587	26	the	the	DET
cjal-3204	587	27	sale	sale	NOUN
cjal-3204	587	28	of	of	ADP
cjal-3204	587	29	a	a	DET
cjal-3204	587	30	mortgage	mortgage	NOUN
cjal-3204	587	31	loan	loan	NOUN
cjal-3204	587	32	on	on	ADP
cjal-3204	587	33	the	the	DET
cjal-3204	587	34	secondary	secondary	ADJ
cjal-3204	587	35	market	market	NOUN
cjal-3204	587	36	.	.	PUNCT
cjal-3204	588	1	and	and	CCONJ
cjal-3204	588	2	because	because	SCONJ
cjal-3204	588	3	of	of	ADP
cjal-3204	588	4	the	the	DET
cjal-3204	588	5	advantages	advantage	NOUN
cjal-3204	588	6	of	of	ADP
cjal-3204	588	7	having	have	VERB
cjal-3204	588	8	a	a	DET
cjal-3204	588	9	recorded	record	VERB
cjal-3204	588	10	assignment	assignment	NOUN
cjal-3204	588	11	of	of	ADP
cjal-3204	588	12	the	the	DET
cjal-3204	588	13	mortgage	mortgage	NOUN
cjal-3204	588	14	itself	itself	PRON
cjal-3204	588	15	,	,	PUNCT
cjal-3204	588	16	mentioned	mention	VERB
cjal-3204	588	17	above	above	ADV
cjal-3204	588	18	,	,	PUNCT
cjal-3204	588	19	such	such	DET
cjal-3204	588	20	an	an	DET
cjal-3204	588	21	assignment	assignment	NOUN
cjal-3204	588	22	is	be	AUX
cjal-3204	588	23	nearly	nearly	ADV
cjal-3204	588	24	always	always	ADV
cjal-3204	588	25	prepared	prepare	VERB
cjal-3204	588	26	and	and	CCONJ
cjal-3204	588	27	executed	execute	VERB
cjal-3204	588	28	.	.	PUNCT
cjal-3204	589	1	the	the	DET
cjal-3204	589	2	result	result	NOUN
cjal-3204	589	3	is	be	AUX
cjal-3204	589	4	a	a	DET
cjal-3204	589	5	mess	mess	NOUN
cjal-3204	589	6	.	.	PUNCT
cjal-3204	590	1	the	the	DET
cjal-3204	590	2	note	note	NOUN
cjal-3204	590	3	must	must	AUX
cjal-3204	590	4	be	be	AUX
cjal-3204	590	5	redelivered	redelivere	VERB
cjal-3204	590	6	each	each	DET
cjal-3204	590	7	time	time	NOUN
cjal-3204	590	8	there	there	PRON
cjal-3204	590	9	is	be	VERB
cjal-3204	590	10	a	a	DET
cjal-3204	590	11	secondary	secondary	ADJ
cjal-3204	590	12	market	market	NOUN
cjal-3204	590	13	transaction	transaction	NOUN
cjal-3204	590	14	involving	involve	VERB
cjal-3204	590	15	the	the	DET
cjal-3204	590	16	mortgage	mortgage	NOUN
cjal-3204	590	17	.	.	PUNCT
cjal-3204	591	1	since	since	SCONJ
cjal-3204	591	2	the	the	DET
cjal-3204	591	3	parties	party	NOUN
cjal-3204	591	4	to	to	ADP
cjal-3204	591	5	these	these	DET
cjal-3204	591	6	transactions	transaction	NOUN
cjal-3204	591	7	may	may	AUX
cjal-3204	591	8	be	be	AUX
cjal-3204	591	9	located	locate	VERB
cjal-3204	591	10	anywhere	anywhere	ADV
cjal-3204	591	11	,	,	PUNCT
cjal-3204	591	12	the	the	DET
cjal-3204	591	13	notes	note	NOUN
cjal-3204	591	14	may	may	AUX
cjal-3204	591	15	be	be	AUX
cjal-3204	591	16	transferred	transfer	VERB
cjal-3204	591	17	from	from	ADP
cjal-3204	591	18	one	one	NUM
cjal-3204	591	19	side	side	NOUN
cjal-3204	591	20	of	of	ADP
cjal-3204	591	21	the	the	DET
cjal-3204	591	22	country	country	NOUN
cjal-3204	591	23	to	to	ADP
cjal-3204	591	24	another	another	PRON
cjal-3204	591	25	,	,	PUNCT
cjal-3204	591	26	and	and	CCONJ
cjal-3204	591	27	may	may	AUX
cjal-3204	591	28	be	be	AUX
cjal-3204	591	29	moved	move	VERB
cjal-3204	591	30	multiple	multiple	ADJ
cjal-3204	591	31	times	time	NOUN
cjal-3204	591	32	during	during	ADP
cjal-3204	591	33	the	the	DET
cjal-3204	591	34	life	life	NOUN
cjal-3204	591	35	of	of	ADP
cjal-3204	591	36	a	a	DET
cjal-3204	591	37	particular	particular	ADJ
cjal-3204	591	38	loan	loan	NOUN
cjal-3204	591	39	.	.	PUNCT
cjal-3204	592	1	they	they	PRON
cjal-3204	592	2	are	be	AUX
cjal-3204	592	3	subject	subject	ADJ
cjal-3204	592	4	to	to	ADP
cjal-3204	592	5	being	be	AUX
cjal-3204	592	6	lost	lose	VERB
cjal-3204	592	7	or	or	CCONJ
cjal-3204	592	8	mislaid	mislay	VERB
cjal-3204	592	9	.	.	PUNCT
cjal-3204	593	1	there	there	PRON
cjal-3204	593	2	is	be	VERB
cjal-3204	593	3	no	no	DET
cjal-3204	593	4	central	central	ADJ
cjal-3204	593	5	data	datum	NOUN
cjal-3204	593	6	base	base	NOUN
cjal-3204	593	7	that	that	PRON
cjal-3204	593	8	shows	show	VERB
cjal-3204	593	9	which	which	DET
cjal-3204	593	10	investor	investor	NOUN
cjal-3204	593	11	owns	own	VERB
cjal-3204	593	12	a	a	DET
cjal-3204	593	13	particular	particular	ADJ
cjal-3204	593	14	loan	loan	NOUN
cjal-3204	593	15	.	.	PUNCT
cjal-3204	594	1	when	when	SCONJ
cjal-3204	594	2	a	a	DET
cjal-3204	594	3	negotiable	negotiable	ADJ
cjal-3204	594	4	note	note	NOUN
cjal-3204	594	5	representing	represent	VERB
cjal-3204	594	6	a	a	DET
cjal-3204	594	7	loan	loan	NOUN
cjal-3204	594	8	is	be	AUX
cjal-3204	594	9	repaid	repay	VERB
cjal-3204	594	10	in	in	ADP
cjal-3204	594	11	full	full	ADJ
cjal-3204	594	12	,	,	PUNCT
cjal-3204	594	13	the	the	DET
cjal-3204	594	14	investor	investor	NOUN
cjal-3204	594	15	who	who	PRON
cjal-3204	594	16	holds	hold	VERB
cjal-3204	594	17	it	it	PRON
cjal-3204	594	18	should	should	AUX
cjal-3204	594	19	,	,	PUNCT
cjal-3204	594	20	in	in	ADP
cjal-3204	594	21	theory	theory	NOUN
cjal-3204	594	22	,	,	PUNCT
cjal-3204	594	23	return	return	VERB
cjal-3204	594	24	it	it	PRON
cjal-3204	594	25	to	to	ADP
cjal-3204	594	26	the	the	DET
cjal-3204	594	27	borrower	borrower	NOUN
cjal-3204	594	28	,	,	PUNCT
cjal-3204	594	29	but	but	CCONJ
cjal-3204	594	30	in	in	ADP
cjal-3204	594	31	many	many	ADJ
cjal-3204	594	32	cases	case	NOUN
cjal-3204	594	33	the	the	DET
cjal-3204	594	34	note	note	NOUN
cjal-3204	594	35	can	can	AUX
cjal-3204	594	36	not	not	PART
cjal-3204	594	37	be	be	AUX
cjal-3204	594	38	located	locate	VERB
cjal-3204	594	39	and	and	CCONJ
cjal-3204	594	40	this	this	PRON
cjal-3204	594	41	is	be	AUX
cjal-3204	594	42	not	not	PART
cjal-3204	594	43	done	do	VERB
cjal-3204	594	44	.	.	PUNCT
cjal-3204	595	1	the	the	DET
cjal-3204	595	2	mortgage	mortgage	NOUN
cjal-3204	595	3	assignment	assignment	NOUN
cjal-3204	595	4	is	be	AUX
cjal-3204	595	5	also	also	ADV
cjal-3204	595	6	problematic	problematic	ADJ
cjal-3204	595	7	,	,	PUNCT
cjal-3204	595	8	although	although	SCONJ
cjal-3204	595	9	for	for	ADP
cjal-3204	595	10	different	different	ADJ
cjal-3204	595	11	reasons	reason	NOUN
cjal-3204	595	12	.	.	PUNCT
cjal-3204	596	1	if	if	SCONJ
cjal-3204	596	2	an	an	DET
cjal-3204	596	3	assignment	assignment	NOUN
cjal-3204	596	4	is	be	AUX
cjal-3204	596	5	recorded	record	VERB
cjal-3204	596	6	in	in	ADP
cjal-3204	596	7	connection	connection	NOUN
cjal-3204	596	8	with	with	ADP
cjal-3204	596	9	each	each	DET
cjal-3204	596	10	secondary	secondary	ADJ
cjal-3204	596	11	market	market	NOUN
cjal-3204	596	12	transaction	transaction	NOUN
cjal-3204	596	13	,	,	PUNCT
cjal-3204	596	14	the	the	DET
cjal-3204	596	15	recording	recording	NOUN
cjal-3204	596	16	cost	cost	NOUN
cjal-3204	596	17	,	,	PUNCT
cjal-3204	596	18	in	in	ADP
cjal-3204	596	19	the	the	DET
cjal-3204	596	20	aggregate	aggregate	NOUN
cjal-3204	596	21	,	,	PUNCT
cjal-3204	596	22	is	be	AUX
cjal-3204	596	23	quite	quite	ADV
cjal-3204	596	24	significant	significant	ADJ
cjal-3204	596	25	.	.	PUNCT
cjal-3204	597	1	moreover	moreover	ADV
cjal-3204	597	2	,	,	PUNCT
cjal-3204	597	3	recorders	recorder	NOUN
cjal-3204	597	4	'	'	PART
cjal-3204	597	5	offices	office	NOUN
cjal-3204	597	6	in	in	ADP
cjal-3204	597	7	the	the	DET
cjal-3204	597	8	united	united	PROPN
cjal-3204	597	9	states	states	PROPN
cjal-3204	597	10	are	be	AUX
cjal-3204	597	11	typically	typically	ADV
cjal-3204	597	12	organized	organize	VERB
cjal-3204	597	13	at	at	ADP
cjal-3204	597	14	the	the	DET
cjal-3204	597	15	county	county	NOUN
cjal-3204	597	16	(	(	PUNCT
cjal-3204	597	17	or	or	CCONJ
cjal-3204	597	18	in	in	ADP
cjal-3204	597	19	a	a	DET
cjal-3204	597	20	few	few	ADJ
cjal-3204	597	21	states	state	NOUN
cjal-3204	597	22	,	,	PUNCT
cjal-3204	597	23	the	the	DET
cjal-3204	597	24	town	town	NOUN
cjal-3204	597	25	)	)	PUNCT
cjal-3204	597	26	level	level	NOUN
cjal-3204	597	27	.	.	PUNCT
cjal-3204	598	1	there	there	PRON
cjal-3204	598	2	are	be	VERB
cjal-3204	598	3	thousands	thousand	NOUN
cjal-3204	598	4	of	of	ADP
cjal-3204	598	5	such	such	ADJ
cjal-3204	598	6	offices	office	NOUN
cjal-3204	598	7	,	,	PUNCT
cjal-3204	598	8	and	and	CCONJ
cjal-3204	598	9	some	some	PRON
cjal-3204	598	10	of	of	ADP
cjal-3204	598	11	them	they	PRON
cjal-3204	598	12	are	be	AUX
cjal-3204	598	13	far	far	ADV
cjal-3204	598	14	from	from	ADP
cjal-3204	598	15	being	be	AUX
cjal-3204	598	16	current	current	ADJ
cjal-3204	598	17	in	in	ADP
cjal-3204	598	18	keeping	keep	VERB
cjal-3204	598	19	up	up	ADP
cjal-3204	598	20	with	with	ADP
cjal-3204	598	21	their	their	PRON
cjal-3204	598	22	work	work	NOUN
cjal-3204	598	23	load	load	NOUN
cjal-3204	598	24	.	.	PUNCT
cjal-3204	599	1	it	it	PRON
cjal-3204	599	2	is	be	AUX
cjal-3204	599	3	not	not	PART
cjal-3204	599	4	unusual	unusual	ADJ
cjal-3204	599	5	for	for	SCONJ
cjal-3204	599	6	a	a	DET
cjal-3204	599	7	mortgage	mortgage	NOUN
cjal-3204	599	8	to	to	PART
cjal-3204	599	9	be	be	AUX
cjal-3204	599	10	assigned	assign	VERB
cjal-3204	599	11	a	a	DET
cjal-3204	599	12	second	second	ADJ
cjal-3204	599	13	time	time	NOUN
cjal-3204	599	14	before	before	SCONJ
cjal-3204	599	15	the	the	DET
cjal-3204	599	16	assignment	assignment	NOUN
cjal-3204	599	17	representing	represent	VERB
cjal-3204	599	18	the	the	DET
cjal-3204	599	19	first	first	ADJ
cjal-3204	599	20	transfer	transfer	NOUN
cjal-3204	599	21	is	be	AUX
cjal-3204	599	22	actually	actually	ADV
cjal-3204	599	23	placed	place	VERB
cjal-3204	599	24	in	in	ADP
cjal-3204	599	25	the	the	DET
cjal-3204	599	26	records	record	NOUN
cjal-3204	599	27	by	by	ADP
cjal-3204	599	28	the	the	DET
cjal-3204	599	29	relevant	relevant	ADJ
cjal-3204	599	30	public	public	ADJ
cjal-3204	599	31	officials	official	NOUN
cjal-3204	599	32	.	.	PUNCT
cjal-3204	600	1	this	this	DET
cjal-3204	600	2	two	two	NUM
cjal-3204	600	3	-	-	PUNCT
cjal-3204	600	4	part	part	NOUN
cjal-3204	600	5	system	system	NOUN
cjal-3204	600	6	has	have	AUX
cjal-3204	600	7	grown	grow	VERB
cjal-3204	600	8	increasingly	increasingly	ADV
cjal-3204	600	9	unsatisfactory	unsatisfactory	ADJ
cjal-3204	600	10	to	to	ADP
cjal-3204	600	11	american	american	ADJ
cjal-3204	600	12	mortgage	mortgage	NOUN
cjal-3204	600	13	investors	investor	NOUN
cjal-3204	600	14	as	as	SCONJ
cjal-3204	600	15	the	the	DET
cjal-3204	600	16	scope	scope	NOUN
cjal-3204	600	17	of	of	ADP
cjal-3204	600	18	the	the	DET
cjal-3204	600	19	secondary	secondary	ADJ
cjal-3204	600	20	mortgage	mortgage	NOUN
cjal-3204	600	21	market	market	NOUN
cjal-3204	600	22	has	have	AUX
cjal-3204	600	23	expanded	expand	VERB
cjal-3204	600	24	.	.	PUNCT
cjal-3204	601	1	finally	finally	ADV
cjal-3204	601	2	in	in	ADP
cjal-3204	601	3	1997	1997	NUM
cjal-3204	601	4	a	a	DET
cjal-3204	601	5	group	group	NOUN
cjal-3204	601	6	of	of	ADP
cjal-3204	601	7	major	major	ADJ
cjal-3204	601	8	participants	participant	NOUN
cjal-3204	601	9	in	in	ADP
cjal-3204	601	10	the	the	DET
cjal-3204	601	11	mortgage	mortgage	NOUN
cjal-3204	601	12	market7	market7	NOUN
cjal-3204	601	13	5	5	NUM
cjal-3204	601	14	created	create	VERB
cjal-3204	601	15	mers	mer	NOUN
cjal-3204	601	16	,	,	PUNCT
cjal-3204	601	17	the	the	DET
cjal-3204	601	18	mortgage	mortgage	NOUN
cjal-3204	601	19	electronic	electronic	ADJ
cjal-3204	601	20	recording	recording	NOUN
cjal-3204	601	21	system	system	NOUN
cjal-3204	601	22	.	.	PUNCT
cjal-3204	602	1	mers	mer	NOUN
cjal-3204	602	2	is	be	AUX
cjal-3204	602	3	a	a	DET
cjal-3204	602	4	"	"	PUNCT
cjal-3204	602	5	book	book	NOUN
cjal-3204	602	6	entry	entry	NOUN
cjal-3204	602	7	"	"	PUNCT
cjal-3204	602	8	clearing	clearing	NOUN
cjal-3204	602	9	house	house	NOUN
cjal-3204	602	10	that	that	PRON
cjal-3204	602	11	tracks	track	VERB
cjal-3204	602	12	both	both	DET
cjal-3204	602	13	74	74	NUM
cjal-3204	602	14	.	.	PUNCT
cjal-3204	603	1	the	the	DET
cjal-3204	603	2	original	original	ADJ
cjal-3204	603	3	negotiable	negotiable	ADJ
cjal-3204	603	4	instruments	instrument	NOUN
cjal-3204	603	5	were	be	AUX
cjal-3204	603	6	"	"	PUNCT
cjal-3204	603	7	inland	inland	ADJ
cjal-3204	603	8	bills	bill	NOUN
cjal-3204	603	9	of	of	ADP
cjal-3204	603	10	exchange	exchange	NOUN
cjal-3204	603	11	,	,	PUNCT
cjal-3204	603	12	"	"	PUNCT
cjal-3204	603	13	typically	typically	ADV
cjal-3204	603	14	issued	issue	VERB
cjal-3204	603	15	by	by	ADP
cjal-3204	603	16	merchants	merchant	NOUN
cjal-3204	603	17	,	,	PUNCT
cjal-3204	603	18	but	but	CCONJ
cjal-3204	603	19	the	the	DET
cjal-3204	603	20	concept	concept	NOUN
cjal-3204	603	21	was	be	AUX
cjal-3204	603	22	extended	extend	VERB
cjal-3204	603	23	to	to	ADP
cjal-3204	603	24	promissory	promissory	ADJ
cjal-3204	603	25	notes	note	NOUN
cjal-3204	603	26	by	by	ADP
cjal-3204	603	27	the	the	DET
cjal-3204	603	28	end	end	NOUN
cjal-3204	603	29	of	of	ADP
cjal-3204	603	30	the	the	DET
cjal-3204	603	31	eighteenth	eighteenth	ADJ
cjal-3204	603	32	century	century	NOUN
cjal-3204	603	33	.	.	PUNCT
cjal-3204	604	1	the	the	DET
cjal-3204	604	2	history	history	NOUN
cjal-3204	604	3	of	of	ADP
cjal-3204	604	4	the	the	DET
cjal-3204	604	5	holder	holder	NOUN
cjal-3204	604	6	in	in	ADP
cjal-3204	604	7	due	due	ADJ
cjal-3204	604	8	course	course	NOUN
cjal-3204	604	9	doctrine	doctrine	NOUN
cjal-3204	604	10	is	be	AUX
cjal-3204	604	11	described	describe	VERB
cjal-3204	604	12	in	in	ADP
cjal-3204	604	13	james	james	PROPN
cjal-3204	604	14	steven	steven	PROPN
cjal-3204	604	15	rogers	rogers	PROPN
cjal-3204	604	16	,	,	PUNCT
cjal-3204	604	17	tie	tie	VERB
cjal-3204	604	18	early	early	ADJ
cjal-3204	604	19	history	history	NOUN
cjal-3204	604	20	of	of	ADP
cjal-3204	604	21	the	the	DET
cjal-3204	604	22	law	law	NOUN
cjal-3204	604	23	of	of	ADP
cjal-3204	604	24	bills	bill	NOUN
cjal-3204	604	25	and	and	CCONJ
cjal-3204	604	26	notes	note	NOUN
cjal-3204	604	27	,	,	PUNCT
cjal-3204	604	28	177	177	NUM
cjal-3204	604	29	-	-	SYM
cjal-3204	604	30	86	86	NUM
cjal-3204	604	31	(	(	PUNCT
cjal-3204	604	32	1995	1995	NUM
cjal-3204	604	33	)	)	PUNCT
cjal-3204	604	34	;	;	PUNCT
cjal-3204	604	35	m.b.w	m.b.w	PROPN
cjal-3204	604	36	.	.	PROPN
cjal-3204	604	37	sinclair	sinclair	PROPN
cjal-3204	604	38	,	,	PUNCT
cjal-3204	604	39	codification	codification	NOUN
cjal-3204	604	40	of	of	ADP
cjal-3204	604	41	negotiable	negotiable	ADJ
cjal-3204	604	42	instruments	instrument	NOUN
cjal-3204	604	43	law	law	NOUN
cjal-3204	604	44	:	:	PUNCT
cjal-3204	604	45	a	a	DET
cjal-3204	604	46	tale	tale	NOUN
cjal-3204	604	47	of	of	ADP
cjal-3204	604	48	reiterated	reiterated	ADJ
cjal-3204	604	49	anachronism	anachronism	NOUN
cjal-3204	604	50	,	,	PUNCT
cjal-3204	604	51	21	21	NUM
cjal-3204	604	52	u.	u.	NOUN
cjal-3204	604	53	tol	tol	NOUN
cjal-3204	604	54	.	.	PUNCT
cjal-3204	605	1	l.	l.	PROPN
cjal-3204	605	2	rev	rev	PROPN
cjal-3204	605	3	.	.	PROPN
cjal-3204	605	4	625	625	NUM
cjal-3204	605	5	(	(	PUNCT
cjal-3204	605	6	1990	1990	NUM
cjal-3204	605	7	)	)	PUNCT
cjal-3204	605	8	;	;	PUNCT
cjal-3204	605	9	edward	edward	PROPN
cjal-3204	605	10	l.	l.	PROPN
cjal-3204	605	11	rubin	rubin	PROPN
cjal-3204	605	12	,	,	PUNCT
cjal-3204	605	13	learning	learn	VERB
cjal-3204	605	14	from	from	ADP
cjal-3204	605	15	lord	lord	PROPN
cjal-3204	605	16	mansfield	mansfield	PROPN
cjal-3204	605	17	:	:	PUNCT
cjal-3204	605	18	toward	toward	ADP
cjal-3204	605	19	a	a	DET
cjal-3204	605	20	transferability	transferability	NOUN
cjal-3204	605	21	law	law	NOUN
cjal-3204	605	22	for	for	ADP
cjal-3204	605	23	modern	modern	ADJ
cjal-3204	605	24	commercial	commercial	ADJ
cjal-3204	605	25	practice	practice	NOUN
cjal-3204	605	26	,	,	PUNCT
cjal-3204	605	27	31	31	NUM
cjal-3204	605	28	idaho	idaho	PROPN
cjal-3204	605	29	l.	l.	PROPN
cjal-3204	605	30	rev	rev	PROPN
cjal-3204	605	31	.	.	PROPN
cjal-3204	605	32	775	775	NUM
cjal-3204	605	33	(	(	PUNCT
cjal-3204	605	34	1995	1995	NUM
cjal-3204	605	35	)	)	PUNCT
cjal-3204	605	36	.	.	PUNCT
cjal-3204	606	1	75	75	NUM
cjal-3204	606	2	.	.	PUNCT
cjal-3204	607	1	the	the	DET
cjal-3204	607	2	major	major	ADJ
cjal-3204	607	3	organizations	organization	NOUN
cjal-3204	607	4	involved	involve	VERB
cjal-3204	607	5	in	in	ADP
cjal-3204	607	6	creating	create	VERB
cjal-3204	607	7	mers	mer	NOUN
cjal-3204	607	8	were	be	AUX
cjal-3204	607	9	fannie	fannie	PROPN
cjal-3204	607	10	mae	mae	PROPN
cjal-3204	607	11	,	,	PUNCT
cjal-3204	607	12	freddie	freddie	PROPN
cjal-3204	607	13	mac	mac	PROPN
cjal-3204	607	14	,	,	PUNCT
cjal-3204	607	15	ginnie	ginnie	PROPN
cjal-3204	607	16	mae	mae	PROPN
cjal-3204	607	17	(	(	PUNCT
cjal-3204	607	18	the	the	DET
cjal-3204	607	19	government	government	NOUN
cjal-3204	607	20	national	national	PROPN
cjal-3204	607	21	mortgage	mortgage	PROPN
cjal-3204	607	22	association	association	PROPN
cjal-3204	607	23	)	)	PUNCT
cjal-3204	607	24	,	,	PUNCT
cjal-3204	607	25	the	the	DET
cjal-3204	607	26	mortgage	mortgage	NOUN
cjal-3204	607	27	bankers	bankers	PROPN
cjal-3204	607	28	association	association	PROPN
cjal-3204	607	29	,	,	PUNCT
cjal-3204	607	30	the	the	DET
cjal-3204	607	31	department	department	NOUN
cjal-3204	607	32	of	of	ADP
cjal-3204	607	33	housing	housing	PROPN
cjal-3204	607	34	and	and	CCONJ
cjal-3204	607	35	urban	urban	ADJ
cjal-3204	607	36	development	development	NOUN
cjal-3204	607	37	,	,	PUNCT
cjal-3204	607	38	and	and	CCONJ
cjal-3204	607	39	the	the	DET
cjal-3204	607	40	department	department	NOUN
cjal-3204	607	41	of	of	ADP
cjal-3204	607	42	veterans	veterans	PROPN
cjal-3204	607	43	affairs	affairs	PROPN
cjal-3204	607	44	.	.	PUNCT
cjal-3204	608	1	[	[	X
cjal-3204	608	2	15:1	15:1	NUM
cjal-3204	608	3	chinese	chinese	ADJ
cjal-3204	608	4	mortgage	mortgage	NOUN
cjal-3204	608	5	law	law	NOUN
cjal-3204	608	6	ownership	ownership	NOUN
cjal-3204	608	7	of	of	ADP
cjal-3204	608	8	mortgages	mortgage	NOUN
cjal-3204	608	9	and	and	CCONJ
cjal-3204	608	10	transfers	transfer	NOUN
cjal-3204	608	11	of	of	ADP
cjal-3204	608	12	servicing	servicing	NOUN
cjal-3204	608	13	rights	right	NOUN
cjal-3204	608	14	to	to	ADP
cjal-3204	608	15	those	those	DET
cjal-3204	608	16	mortgages	mortgage	NOUN
cjal-3204	608	17	.	.	PUNCT
cjal-3204	609	1	each	each	DET
cjal-3204	609	2	time	time	NOUN
cjal-3204	609	3	a	a	DET
cjal-3204	609	4	new	new	ADJ
cjal-3204	609	5	loan	loan	NOUN
cjal-3204	609	6	is	be	AUX
cjal-3204	609	7	made	make	VERB
cjal-3204	609	8	,	,	PUNCT
cjal-3204	609	9	lender	lender	NOUN
cjal-3204	609	10	who	who	PRON
cjal-3204	609	11	participates	participate	VERB
cjal-3204	609	12	in	in	ADP
cjal-3204	609	13	mers	mer	NOUN
cjal-3204	609	14	can	can	AUX
cjal-3204	609	15	put	put	VERB
cjal-3204	609	16	the	the	DET
cjal-3204	609	17	loan	loan	NOUN
cjal-3204	609	18	into	into	ADP
cjal-3204	609	19	the	the	DET
cjal-3204	609	20	mers	mer	NOUN
cjal-3204	609	21	system	system	NOUN
cjal-3204	609	22	,	,	PUNCT
cjal-3204	609	23	either	either	CCONJ
cjal-3204	609	24	by	by	ADP
cjal-3204	609	25	making	make	VERB
cjal-3204	609	26	mers	mer	NOUN
cjal-3204	609	27	the	the	DET
cjal-3204	609	28	original	original	ADJ
cjal-3204	609	29	mortgagee	mortgagee	NOUN
cjal-3204	609	30	or	or	CCONJ
cjal-3204	609	31	by	by	ADP
cjal-3204	609	32	executing	execute	VERB
cjal-3204	609	33	an	an	DET
cjal-3204	609	34	assignment	assignment	NOUN
cjal-3204	609	35	to	to	ADP
cjal-3204	609	36	mers	mer	NOUN
cjal-3204	609	37	immediately	immediately	ADV
cjal-3204	609	38	after	after	ADP
cjal-3204	609	39	closing	close	VERB
cjal-3204	609	40	the	the	DET
cjal-3204	609	41	loan	loan	NOUN
cjal-3204	609	42	.	.	PUNCT
cjal-3204	610	1	mers	mer	NOUN
cjal-3204	610	2	then	then	ADV
cjal-3204	610	3	remains	remain	VERB
cjal-3204	610	4	the	the	DET
cjal-3204	610	5	mortgagee	mortgagee	NOUN
cjal-3204	610	6	in	in	ADP
cjal-3204	610	7	the	the	DET
cjal-3204	610	8	public	public	ADJ
cjal-3204	610	9	records	record	NOUN
cjal-3204	610	10	for	for	ADP
cjal-3204	610	11	the	the	DET
cjal-3204	610	12	life	life	NOUN
cjal-3204	610	13	of	of	ADP
cjal-3204	610	14	the	the	DET
cjal-3204	610	15	loan	loan	NOUN
cjal-3204	610	16	.	.	PUNCT
cjal-3204	611	1	each	each	DET
cjal-3204	611	2	mortgage	mortgage	NOUN
cjal-3204	611	3	is	be	AUX
cjal-3204	611	4	assigned	assign	VERB
cjal-3204	611	5	a	a	DET
cjal-3204	611	6	"	"	PUNCT
cjal-3204	611	7	mortgage	mortgage	NOUN
cjal-3204	611	8	identification	identification	NOUN
cjal-3204	611	9	number	number	NOUN
cjal-3204	611	10	"	"	PUNCT
cjal-3204	611	11	for	for	ADP
cjal-3204	611	12	tracking	track	VERB
cjal-3204	611	13	purposes	purpose	NOUN
cjal-3204	611	14	.	.	PUNCT
cjal-3204	612	1	mers	mers	PROPN
cjal-3204	612	2	maintains	maintain	VERB
cjal-3204	612	3	a	a	DET
cjal-3204	612	4	record	record	NOUN
cjal-3204	612	5	of	of	ADP
cjal-3204	612	6	the	the	DET
cjal-3204	612	7	note	note	NOUN
cjal-3204	612	8	-	-	PUNCT
cjal-3204	612	9	holder	holder	NOUN
cjal-3204	612	10	's	's	PART
cjal-3204	612	11	identity	identity	NOUN
cjal-3204	612	12	as	as	SCONJ
cjal-3204	612	13	the	the	DET
cjal-3204	612	14	note	note	NOUN
cjal-3204	612	15	is	be	AUX
cjal-3204	612	16	transferred	transfer	VERB
cjal-3204	612	17	from	from	ADP
cjal-3204	612	18	time	time	NOUN
cjal-3204	612	19	to	to	ADP
cjal-3204	612	20	time	time	NOUN
cjal-3204	612	21	.	.	PUNCT
cjal-3204	613	1	when	when	SCONJ
cjal-3204	613	2	the	the	DET
cjal-3204	613	3	loan	loan	NOUN
cjal-3204	613	4	is	be	AUX
cjal-3204	613	5	traded	trade	VERB
cjal-3204	613	6	on	on	ADP
cjal-3204	613	7	the	the	PRON
cjal-3204	613	8	.	.	PUNCT
cjal-3204	614	1	secondary	secondary	ADJ
cjal-3204	614	2	market	market	NOUN
cjal-3204	614	3	,	,	PUNCT
cjal-3204	614	4	mers	mer	NOUN
cjal-3204	614	5	'	'	PART
cjal-3204	614	6	records	record	NOUN
cjal-3204	614	7	are	be	AUX
cjal-3204	614	8	updated	update	VERB
cjal-3204	614	9	to	to	PART
cjal-3204	614	10	reflect	reflect	VERB
cjal-3204	614	11	the	the	DET
cjal-3204	614	12	change	change	NOUN
cjal-3204	614	13	,	,	PUNCT
cjal-3204	614	14	but	but	CCONJ
cjal-3204	614	15	no	no	DET
cjal-3204	614	16	further	further	ADJ
cjal-3204	614	17	assignment	assignment	NOUN
cjal-3204	614	18	is	be	AUX
cjal-3204	614	19	recorded	record	VERB
cjal-3204	614	20	in	in	ADP
cjal-3204	614	21	the	the	DET
cjal-3204	614	22	public	public	ADJ
cjal-3204	614	23	records	record	NOUN
cjal-3204	614	24	.	.	PUNCT
cjal-3204	615	1	mers	mer	NOUN
cjal-3204	615	2	thus	thus	ADV
cjal-3204	615	3	serves	serve	VERB
cjal-3204	615	4	as	as	ADP
cjal-3204	615	5	the	the	DET
cjal-3204	615	6	nominee	nominee	NOUN
cjal-3204	615	7	,	,	PUNCT
cjal-3204	615	8	for	for	ADP
cjal-3204	615	9	purposes	purpose	NOUN
cjal-3204	615	10	of	of	ADP
cjal-3204	615	11	holding	hold	VERB
cjal-3204	615	12	the	the	DET
cjal-3204	615	13	real	real	ADJ
cjal-3204	615	14	estate	estate	NOUN
cjal-3204	615	15	security	security	NOUN
cjal-3204	615	16	,	,	PUNCT
cjal-3204	615	17	of	of	ADP
cjal-3204	615	18	the	the	DET
cjal-3204	615	19	secondary	secondary	ADJ
cjal-3204	615	20	market	market	NOUN
cjal-3204	615	21	investor	investor	NOUN
cjal-3204	615	22	or	or	CCONJ
cjal-3204	615	23	investors	investor	NOUN
cjal-3204	615	24	who	who	PRON
cjal-3204	615	25	may	may	AUX
cjal-3204	615	26	hold	hold	VERB
cjal-3204	615	27	the	the	DET
cjal-3204	615	28	loan	loan	NOUN
cjal-3204	615	29	from	from	ADP
cjal-3204	615	30	time	time	NOUN
cjal-3204	615	31	to	to	ADP
cjal-3204	615	32	time	time	NOUN
cjal-3204	615	33	.	.	PUNCT
cjal-3204	616	1	mers	mer	NOUN
cjal-3204	616	2	provides	provide	VERB
cjal-3204	616	3	a	a	DET
cjal-3204	616	4	number	number	NOUN
cjal-3204	616	5	of	of	ADP
cjal-3204	616	6	advantages	advantage	NOUN
cjal-3204	616	7	to	to	ADP
cjal-3204	616	8	mortgage	mortgage	NOUN
cjal-3204	616	9	investors	investor	NOUN
cjal-3204	616	10	.	.	PUNCT
cjal-3204	617	1	they	they	PRON
cjal-3204	617	2	do	do	AUX
cjal-3204	617	3	not	not	PART
cjal-3204	617	4	have	have	VERB
cjal-3204	617	5	to	to	PART
cjal-3204	617	6	worry	worry	VERB
cjal-3204	617	7	about	about	ADP
cjal-3204	617	8	obtaining	obtain	VERB
cjal-3204	617	9	and	and	CCONJ
cjal-3204	617	10	recording	record	VERB
cjal-3204	617	11	successive	successive	ADJ
cjal-3204	617	12	assignments	assignment	NOUN
cjal-3204	617	13	in	in	ADP
cjal-3204	617	14	local	local	ADJ
cjal-3204	617	15	recorders	recorder	NOUN
cjal-3204	617	16	'	'	PART
cjal-3204	617	17	offices	office	NOUN
cjal-3204	617	18	as	as	SCONJ
cjal-3204	617	19	loans	loan	NOUN
cjal-3204	617	20	are	be	AUX
cjal-3204	617	21	traded	trade	VERB
cjal-3204	617	22	.	.	PUNCT
cjal-3204	618	1	mers	mer	NOUN
cjal-3204	618	2	'	'	PART
cjal-3204	618	3	fees	fee	NOUN
cjal-3204	618	4	for	for	ADP
cjal-3204	618	5	changes	change	NOUN
cjal-3204	618	6	in	in	ADP
cjal-3204	618	7	ownership	ownership	NOUN
cjal-3204	618	8	of	of	ADP
cjal-3204	618	9	mortgages	mortgage	NOUN
cjal-3204	618	10	are	be	AUX
cjal-3204	618	11	much	much	ADV
cjal-3204	618	12	lower	low	ADJ
cjal-3204	618	13	than	than	ADP
cjal-3204	618	14	fees	fee	NOUN
cjal-3204	618	15	for	for	ADP
cjal-3204	618	16	recording	recording	NOUN
cjal-3204	618	17	assignments	assignment	NOUN
cjal-3204	618	18	of	of	ADP
cjal-3204	618	19	mortgages	mortgage	NOUN
cjal-3204	618	20	typically	typically	ADV
cjal-3204	618	21	charged	charge	VERB
cjal-3204	618	22	by	by	ADP
cjal-3204	618	23	local	local	ADJ
cjal-3204	618	24	public	public	ADJ
cjal-3204	618	25	recorders	recorder	NOUN
cjal-3204	618	26	.	.	PUNCT
cjal-3204	619	1	hence	hence	ADV
cjal-3204	619	2	,	,	PUNCT
cjal-3204	619	3	secondary	secondary	ADJ
cjal-3204	619	4	market	market	NOUN
cjal-3204	619	5	investors	investor	NOUN
cjal-3204	619	6	save	save	VERB
cjal-3204	619	7	substantial	substantial	ADJ
cjal-3204	619	8	amounts	amount	NOUN
cjal-3204	619	9	by	by	ADP
cjal-3204	619	10	using	use	VERB
cjal-3204	619	11	mers	mer	NOUN
cjal-3204	619	12	.	.	PUNCT
cjal-3204	620	1	since	since	SCONJ
cjal-3204	620	2	mers	mer	NOUN
cjal-3204	620	3	'	'	PART
cjal-3204	620	4	records	record	NOUN
cjal-3204	620	5	are	be	AUX
cjal-3204	620	6	entirely	entirely	ADV
cjal-3204	620	7	electronic	electronic	ADJ
cjal-3204	620	8	,	,	PUNCT
cjal-3204	620	9	mers	mer	NOUN
cjal-3204	620	10	can	can	AUX
cjal-3204	620	11	provide	provide	VERB
cjal-3204	620	12	instantaneous	instantaneous	ADJ
cjal-3204	620	13	on	on	ADP
cjal-3204	620	14	-	-	PUNCT
cjal-3204	620	15	line	line	NOUN
cjal-3204	620	16	access	access	NOUN
cjal-3204	620	17	to	to	ADP
cjal-3204	620	18	information	information	NOUN
cjal-3204	620	19	about	about	ADP
cjal-3204	620	20	who	who	PRON
cjal-3204	620	21	holds	hold	VERB
cjal-3204	620	22	a	a	DET
cjal-3204	620	23	particular	particular	ADJ
cjal-3204	620	24	mortgage	mortgage	NOUN
cjal-3204	620	25	loan	loan	NOUN
cjal-3204	620	26	and	and	CCONJ
cjal-3204	620	27	who	who	PRON
cjal-3204	620	28	is	be	AUX
cjal-3204	620	29	servicing	service	VERB
cjal-3204	620	30	it	it	PRON
cjal-3204	620	31	.	.	PUNCT
cjal-3204	621	1	as	as	ADV
cjal-3204	621	2	originally	originally	ADV
cjal-3204	621	3	conceived	conceive	VERB
cjal-3204	621	4	and	and	CCONJ
cjal-3204	621	5	as	as	ADP
cjal-3204	621	6	now	now	ADV
cjal-3204	621	7	operating	operate	VERB
cjal-3204	621	8	,	,	PUNCT
cjal-3204	621	9	mers	mer	NOUN
cjal-3204	621	10	deals	deal	NOUN
cjal-3204	621	11	directly	directly	ADV
cjal-3204	621	12	only	only	ADV
cjal-3204	621	13	with	with	ADP
cjal-3204	621	14	mortgages	mortgage	NOUN
cjal-3204	621	15	and	and	CCONJ
cjal-3204	621	16	not	not	PART
cjal-3204	621	17	notes	note	NOUN
cjal-3204	621	18	.	.	PUNCT
cjal-3204	622	1	hence	hence	ADV
cjal-3204	622	2	,	,	PUNCT
cjal-3204	622	3	it	it	PRON
cjal-3204	622	4	solves	solve	VERB
cjal-3204	622	5	the	the	DET
cjal-3204	622	6	problems	problem	NOUN
cjal-3204	622	7	associated	associate	VERB
cjal-3204	622	8	with	with	ADP
cjal-3204	622	9	recording	recording	NOUN
cjal-3204	622	10	of	of	ADP
cjal-3204	622	11	mortgages	mortgage	NOUN
cjal-3204	622	12	,	,	PUNCT
cjal-3204	622	13	but	but	CCONJ
cjal-3204	622	14	not	not	PART
cjal-3204	622	15	the	the	DET
cjal-3204	622	16	problems	problem	NOUN
cjal-3204	622	17	of	of	ADP
cjal-3204	622	18	misdelivered	misdelivered	ADJ
cjal-3204	622	19	and	and	CCONJ
cjal-3204	622	20	lost	lose	VERB
cjal-3204	622	21	notes	note	NOUN
cjal-3204	622	22	.	.	PUNCT
cjal-3204	623	1	mers	mer	NOUN
cjal-3204	623	2	tracks	track	VERB
cjal-3204	623	3	changes	change	NOUN
cjal-3204	623	4	in	in	ADP
cjal-3204	623	5	ownership	ownership	NOUN
cjal-3204	623	6	of	of	ADP
cjal-3204	623	7	notes	note	NOUN
cjal-3204	623	8	(	(	PUNCT
cjal-3204	623	9	which	which	PRON
cjal-3204	623	10	represent	represent	VERB
cjal-3204	623	11	,	,	PUNCT
cjal-3204	623	12	under	under	ADP
cjal-3204	623	13	american	american	ADJ
cjal-3204	623	14	law	law	NOUN
cjal-3204	623	15	,	,	PUNCT
cjal-3204	623	16	actual	actual	ADJ
cjal-3204	623	17	ownership	ownership	NOUN
cjal-3204	623	18	of	of	ADP
cjal-3204	623	19	the	the	DET
cjal-3204	623	20	right	right	NOUN
cjal-3204	623	21	to	to	PART
cjal-3204	623	22	loan	loan	NOUN
cjal-3204	623	23	payments	payment	NOUN
cjal-3204	623	24	)	)	PUNCT
cjal-3204	623	25	,	,	PUNCT
cjal-3204	623	26	but	but	CCONJ
cjal-3204	623	27	only	only	ADV
cjal-3204	623	28	when	when	SCONJ
cjal-3204	623	29	and	and	CCONJ
cjal-3204	623	30	to	to	ADP
cjal-3204	623	31	the	the	DET
cjal-3204	623	32	extent	extent	NOUN
cjal-3204	623	33	that	that	SCONJ
cjal-3204	623	34	such	such	ADJ
cjal-3204	623	35	changes	change	NOUN
cjal-3204	623	36	are	be	AUX
cjal-3204	623	37	reported	report	VERB
cjal-3204	623	38	to	to	ADP
cjal-3204	623	39	it	it	PRON
cjal-3204	623	40	.	.	PUNCT
cjal-3204	624	1	mers	mer	NOUN
cjal-3204	624	2	has	have	AUX
cjal-3204	624	3	considered	consider	VERB
cjal-3204	624	4	,	,	PUNCT
cjal-3204	624	5	and	and	CCONJ
cjal-3204	624	6	continues	continue	VERB
cjal-3204	624	7	to	to	PART
cjal-3204	624	8	consider	consider	VERB
cjal-3204	624	9	,	,	PUNCT
cjal-3204	624	10	modifying	modify	VERB
cjal-3204	624	11	its	its	PRON
cjal-3204	624	12	operation	operation	NOUN
cjal-3204	624	13	by	by	ADP
cjal-3204	624	14	undertaking	undertake	VERB
cjal-3204	624	15	to	to	PART
cjal-3204	624	16	hold	hold	VERB
cjal-3204	624	17	mortgage	mortgage	NOUN
cjal-3204	624	18	notes	note	NOUN
cjal-3204	624	19	directly	directly	ADV
cjal-3204	624	20	on	on	ADP
cjal-3204	624	21	behalf	behalf	NOUN
cjal-3204	624	22	of	of	ADP
cjal-3204	624	23	its	its	PRON
cjal-3204	624	24	investor	investor	NOUN
cjal-3204	624	25	members	member	NOUN
cjal-3204	624	26	,	,	PUNCT
cjal-3204	624	27	but	but	CCONJ
cjal-3204	624	28	no	no	DET
cjal-3204	624	29	decision	decision	NOUN
cjal-3204	624	30	to	to	PART
cjal-3204	624	31	do	do	AUX
cjal-3204	624	32	so	so	ADV
cjal-3204	624	33	has	have	AUX
cjal-3204	624	34	been	be	AUX
cjal-3204	624	35	made	make	VERB
cjal-3204	624	36	at	at	ADP
cjal-3204	624	37	76this	76this	NUM
cjal-3204	624	38	point	point	NOUN
cjal-3204	624	39	.	.	PUNCT
cjal-3204	625	1	at	at	ADP
cjal-3204	625	2	the	the	DET
cjal-3204	625	3	beginning	beginning	NOUN
cjal-3204	625	4	of	of	ADP
cjal-3204	625	5	2001	2001	NUM
cjal-3204	625	6	mers	mer	NOUN
cjal-3204	625	7	had	have	VERB
cjal-3204	625	8	about	about	ADP
cjal-3204	625	9	3.5	3.5	NUM
cjal-3204	625	10	million	million	NUM
cjal-3204	625	11	mortgages	mortgage	NOUN
cjal-3204	625	12	registered	register	VERB
cjal-3204	625	13	in	in	ADP
cjal-3204	625	14	its	its	PRON
cjal-3204	625	15	system	system	NOUN
cjal-3204	625	16	less	less	ADJ
cjal-3204	625	17	than	than	ADP
cjal-3204	625	18	five	five	NUM
cjal-3204	625	19	percent	percent	NOUN
cjal-3204	625	20	of	of	ADP
cjal-3204	625	21	all	all	PRON
cjal-3204	625	22	of	of	ADP
cjal-3204	625	23	the	the	DET
cjal-3204	625	24	outstanding	outstanding	ADJ
cjal-3204	625	25	mortgages	mortgage	NOUN
cjal-3204	625	26	in	in	ADP
cjal-3204	625	27	america	america	PROPN
cjal-3204	625	28	.	.	PUNCT
cjal-3204	626	1	but	but	CCONJ
cjal-3204	626	2	the	the	DET
cjal-3204	626	3	system	system	NOUN
cjal-3204	626	4	is	be	AUX
cjal-3204	626	5	expanding	expand	VERB
cjal-3204	626	6	rapidly	rapidly	ADV
cjal-3204	626	7	as	as	ADP
cjal-3204	626	8	new	new	ADJ
cjal-3204	626	9	mortgages	mortgage	NOUN
cjal-3204	626	10	,	,	PUNCT
cjal-3204	626	11	registered	register	VERB
cjal-3204	626	12	under	under	ADP
cjal-3204	626	13	mers	mer	NOUN
cjal-3204	626	14	,	,	PUNCT
cjal-3204	626	15	replace	replace	VERB
cjal-3204	626	16	older	old	ADJ
cjal-3204	626	17	mortgages	mortgage	NOUN
cjal-3204	626	18	that	that	PRON
cjal-3204	626	19	are	be	AUX
cjal-3204	626	20	paid	pay	VERB
cjal-3204	626	21	off	off	ADP
cjal-3204	626	22	and	and	CCONJ
cjal-3204	626	23	discharged	discharge	VERB
cjal-3204	626	24	.	.	PUNCT
cjal-3204	627	1	as	as	ADP
cjal-3204	627	2	the	the	DET
cjal-3204	627	3	mers	mers	PROPN
cjal-3204	627	4	web	web	NOUN
cjal-3204	627	5	page	page	NOUN
cjal-3204	627	6	states	state	NOUN
cjal-3204	627	7	,	,	PUNCT
cjal-3204	627	8	"	"	PUNCT
cjal-3204	627	9	our	our	PRON
cjal-3204	627	10	mission	mission	NOUN
cjal-3204	627	11	is	be	AUX
cjal-3204	627	12	to	to	PART
cjal-3204	627	13	register	register	VERB
cjal-3204	627	14	every	every	DET
cjal-3204	627	15	mortgage	mortgage	NOUN
cjal-3204	627	16	loan	loan	NOUN
cjal-3204	627	17	in	in	ADP
cjal-3204	627	18	the	the	DET
cjal-3204	627	19	united	united	PROPN
cjal-3204	627	20	states	states	PROPN
cjal-3204	627	21	on	on	ADP
cjal-3204	627	22	the	the	DET
cjal-3204	627	23	mers	mer	NOUN
cjal-3204	627	24	system	system	NOUN
cjal-3204	627	25	.	.	PUNCT
cjal-3204	627	26	"	"	PUNCT
cjal-3204	628	1	76	76	NUM
cjal-3204	628	2	.	.	PUNCT
cjal-3204	629	1	discussion	discussion	NOUN
cjal-3204	629	2	with	with	ADP
cjal-3204	629	3	william	william	PROPN
cjal-3204	629	4	c.	c.	PROPN
cjal-3204	629	5	hultman	hultman	PROPN
cjal-3204	629	6	,	,	PUNCT
cjal-3204	629	7	senior	senior	ADJ
cjal-3204	629	8	vice	vice	NOUN
cjal-3204	629	9	president	president	NOUN
cjal-3204	629	10	,	,	PUNCT
cjal-3204	629	11	mers	mer	NOUN
cjal-3204	629	12	,	,	PUNCT
cjal-3204	629	13	in	in	ADP
cjal-3204	629	14	philadelphia	philadelphia	PROPN
cjal-3204	629	15	,	,	PUNCT
cjal-3204	629	16	pa	pa	PROPN
cjal-3204	629	17	(	(	PUNCT
cjal-3204	629	18	july	july	PROPN
cjal-3204	629	19	13	13	NUM
cjal-3204	629	20	,	,	PUNCT
cjal-3204	629	21	2001	2001	NUM
cjal-3204	629	22	)	)	PUNCT
cjal-3204	629	23	.	.	PUNCT
cjal-3204	630	1	having	have	VERB
cjal-3204	630	2	miers	mier	NOUN
cjal-3204	630	3	hold	hold	VERB
cjal-3204	630	4	the	the	DET
cjal-3204	630	5	note	note	NOUN
cjal-3204	630	6	would	would	AUX
cjal-3204	630	7	be	be	AUX
cjal-3204	630	8	a	a	DET
cjal-3204	630	9	major	major	ADJ
cjal-3204	630	10	convenience	convenience	NOUN
cjal-3204	630	11	,	,	PUNCT
cjal-3204	630	12	but	but	CCONJ
cjal-3204	630	13	would	would	AUX
cjal-3204	630	14	also	also	ADV
cjal-3204	630	15	raise	raise	VERB
cjal-3204	630	16	a	a	DET
cjal-3204	630	17	risk	risk	NOUN
cjal-3204	630	18	of	of	ADP
cjal-3204	630	19	greater	great	ADJ
cjal-3204	630	20	liability	liability	NOUN
cjal-3204	630	21	on	on	ADP
cjal-3204	630	22	the	the	DET
cjal-3204	630	23	part	part	NOUN
cjal-3204	630	24	of	of	ADP
cjal-3204	630	25	mers	mer	NOUN
cjal-3204	630	26	.	.	PUNCT
cjal-3204	631	1	2001	2001	NUM
cjal-3204	631	2	]	]	PUNCT
cjal-3204	631	3	columbia	columbia	PROPN
cjal-3204	631	4	journal	journal	PROPN
cjal-3204	631	5	of	of	ADP
cjal-3204	631	6	asian	asian	ADJ
cjal-3204	631	7	law	law	NOUN
cjal-3204	631	8	chinese	chinese	ADJ
cjal-3204	631	9	law	law	PROPN
cjal-3204	631	10	comparison	comparison	NOUN
cjal-3204	631	11	.	.	PUNCT
cjal-3204	632	1	the	the	DET
cjal-3204	632	2	discussion	discussion	NOUN
cjal-3204	632	3	above	above	ADP
cjal-3204	632	4	of	of	ADP
cjal-3204	632	5	the	the	DET
cjal-3204	632	6	secondary	secondary	ADJ
cjal-3204	632	7	mortgage	mortgage	NOUN
cjal-3204	632	8	market	market	NOUN
cjal-3204	632	9	and	and	CCONJ
cjal-3204	632	10	the	the	DET
cjal-3204	632	11	securitization	securitization	NOUN
cjal-3204	632	12	process	process	NOUN
cjal-3204	632	13	will	will	AUX
cjal-3204	632	14	ultimately	ultimately	ADV
cjal-3204	632	15	be	be	AUX
cjal-3204	632	16	highly	highly	ADV
cjal-3204	632	17	relevant	relevant	ADJ
cjal-3204	632	18	in	in	ADP
cjal-3204	632	19	china	china	PROPN
cjal-3204	632	20	,	,	PUNCT
cjal-3204	632	21	but	but	CCONJ
cjal-3204	632	22	perhaps	perhaps	ADV
cjal-3204	632	23	not	not	PART
cjal-3204	632	24	for	for	ADP
cjal-3204	632	25	some	some	DET
cjal-3204	632	26	time.77	time.77	NOUN
cjal-3204	633	1	the	the	DET
cjal-3204	633	2	reason	reason	NOUN
cjal-3204	633	3	is	be	AUX
cjal-3204	633	4	that	that	SCONJ
cjal-3204	633	5	investors	investor	NOUN
cjal-3204	633	6	(	(	PUNCT
cjal-3204	633	7	whether	whether	SCONJ
cjal-3204	633	8	in	in	ADP
cjal-3204	633	9	mortgages	mortgage	NOUN
cjal-3204	633	10	or	or	CCONJ
cjal-3204	633	11	in	in	ADP
cjal-3204	633	12	mortgage	mortgage	NOUN
cjal-3204	633	13	securities	security	NOUN
cjal-3204	633	14	)	)	PUNCT
cjal-3204	633	15	have	have	VERB
cjal-3204	633	16	only	only	ADV
cjal-3204	633	17	a	a	DET
cjal-3204	633	18	limited	limited	ADJ
cjal-3204	633	19	tolerance	tolerance	NOUN
cjal-3204	633	20	for	for	ADP
cjal-3204	633	21	uncertainty	uncertainty	NOUN
cjal-3204	633	22	,	,	PUNCT
cjal-3204	633	23	and	and	CCONJ
cjal-3204	633	24	there	there	PRON
cjal-3204	633	25	is	be	VERB
cjal-3204	633	26	yet	yet	ADV
cjal-3204	633	27	a	a	DET
cjal-3204	633	28	great	great	ADJ
cjal-3204	633	29	deal	deal	NOUN
cjal-3204	633	30	of	of	ADP
cjal-3204	633	31	uncertainty	uncertainty	NOUN
cjal-3204	633	32	about	about	ADP
cjal-3204	633	33	the	the	DET
cjal-3204	633	34	value	value	NOUN
cjal-3204	633	35	of	of	ADP
cjal-3204	633	36	mortgage	mortgage	NOUN
cjal-3204	633	37	security	security	NOUN
cjal-3204	633	38	in	in	ADP
cjal-3204	633	39	china	china	PROPN
cjal-3204	633	40	.	.	PUNCT
cjal-3204	634	1	whether	whether	SCONJ
cjal-3204	634	2	most	most	ADJ
cjal-3204	634	3	mortgage	mortgage	NOUN
cjal-3204	634	4	debts	debt	NOUN
cjal-3204	634	5	will	will	AUX
cjal-3204	634	6	be	be	AUX
cjal-3204	634	7	paid	pay	VERB
cjal-3204	634	8	without	without	ADP
cjal-3204	634	9	default	default	NOUN
cjal-3204	634	10	,	,	PUNCT
cjal-3204	634	11	whether	whether	SCONJ
cjal-3204	634	12	the	the	DET
cjal-3204	634	13	foreclosure	foreclosure	NOUN
cjal-3204	634	14	process	process	NOUN
cjal-3204	634	15	will	will	AUX
cjal-3204	634	16	work	work	VERB
cjal-3204	634	17	smoothly	smoothly	ADV
cjal-3204	634	18	,	,	PUNCT
cjal-3204	634	19	and	and	CCONJ
cjal-3204	634	20	whether	whether	SCONJ
cjal-3204	634	21	foreclosure	foreclosure	NOUN
cjal-3204	634	22	will	will	AUX
cjal-3204	634	23	return	return	VERB
cjal-3204	634	24	amounts	amount	NOUN
cjal-3204	634	25	that	that	SCONJ
cjal-3204	634	26	approximate	approximate	ADJ
cjal-3204	634	27	market	market	NOUN
cjal-3204	634	28	values	value	NOUN
cjal-3204	634	29	are	be	AUX
cjal-3204	634	30	simply	simply	ADV
cjal-3204	634	31	unknown	unknown	ADJ
cjal-3204	634	32	;	;	PUNCT
cjal-3204	634	33	mortgage	mortgage	NOUN
cjal-3204	634	34	financing	financing	NOUN
cjal-3204	634	35	is	be	AUX
cjal-3204	634	36	too	too	ADV
cjal-3204	634	37	new	new	ADJ
cjal-3204	634	38	and	and	CCONJ
cjal-3204	634	39	has	have	VERB
cjal-3204	634	40	too	too	ADV
cjal-3204	634	41	short	short	ADJ
cjal-3204	634	42	a	a	DET
cjal-3204	634	43	track	track	NOUN
cjal-3204	634	44	record.78	record.78	PRON
cjal-3204	634	45	hence	hence	ADV
cjal-3204	634	46	,	,	PUNCT
cjal-3204	634	47	this	this	DET
cjal-3204	634	48	section	section	NOUN
cjal-3204	634	49	must	must	AUX
cjal-3204	634	50	be	be	AUX
cjal-3204	634	51	understood	understand	VERB
cjal-3204	634	52	to	to	PART
cjal-3204	634	53	apply	apply	VERB
cjal-3204	634	54	only	only	ADV
cjal-3204	634	55	when	when	SCONJ
cjal-3204	634	56	and	and	CCONJ
cjal-3204	634	57	to	to	ADP
cjal-3204	634	58	the	the	DET
cjal-3204	634	59	extent	extent	NOUN
cjal-3204	634	60	that	that	SCONJ
cjal-3204	634	61	basic	basic	ADJ
cjal-3204	634	62	economic	economic	ADJ
cjal-3204	634	63	factors	factor	NOUN
cjal-3204	634	64	permit	permit	VERB
cjal-3204	634	65	the	the	DET
cjal-3204	634	66	development	development	NOUN
cjal-3204	634	67	of	of	ADP
cjal-3204	634	68	a	a	DET
cjal-3204	634	69	private	private	ADJ
cjal-3204	634	70	secondary	secondary	ADJ
cjal-3204	634	71	mortgage	mortgage	NOUN
cjal-3204	634	72	market	market	NOUN
cjal-3204	634	73	in	in	ADP
cjal-3204	634	74	china	china	PROPN
cjal-3204	634	75	.	.	PUNCT
cjal-3204	635	1	first	first	ADV
cjal-3204	635	2	,	,	PUNCT
cjal-3204	635	3	the	the	DET
cjal-3204	635	4	bifurcation	bifurcation	NOUN
cjal-3204	635	5	of	of	ADP
cjal-3204	635	6	a	a	DET
cjal-3204	635	7	mortgage	mortgage	NOUN
cjal-3204	635	8	loan	loan	NOUN
cjal-3204	635	9	's	's	PART
cjal-3204	635	10	documents	document	NOUN
cjal-3204	635	11	that	that	PRON
cjal-3204	635	12	is	be	AUX
cjal-3204	635	13	customary	customary	ADJ
cjal-3204	635	14	in	in	ADP
cjal-3204	635	15	america	america	PROPN
cjal-3204	635	16	,	,	PUNCT
cjal-3204	635	17	arising	arise	VERB
cjal-3204	635	18	from	from	ADP
cjal-3204	635	19	the	the	DET
cjal-3204	635	20	english	english	ADJ
cjal-3204	635	21	concept	concept	NOUN
cjal-3204	635	22	of	of	ADP
cjal-3204	635	23	negotiable	negotiable	ADJ
cjal-3204	635	24	instruments	instrument	NOUN
cjal-3204	635	25	,	,	PUNCT
cjal-3204	635	26	is	be	AUX
cjal-3204	635	27	archaic	archaic	ADJ
cjal-3204	635	28	and	and	CCONJ
cjal-3204	635	29	serves	serve	VERB
cjal-3204	635	30	no	no	DET
cjal-3204	635	31	purpose	purpose	NOUN
cjal-3204	635	32	except	except	SCONJ
cjal-3204	635	33	confusion	confusion	NOUN
cjal-3204	635	34	.	.	PUNCT
cjal-3204	636	1	there	there	PRON
cjal-3204	636	2	is	be	VERB
cjal-3204	636	3	no	no	DET
cjal-3204	636	4	reason	reason	NOUN
cjal-3204	636	5	to	to	PART
cjal-3204	636	6	have	have	VERB
cjal-3204	636	7	two	two	NUM
cjal-3204	636	8	documents	document	NOUN
cjal-3204	636	9	when	when	SCONJ
cjal-3204	636	10	one	one	PRON
cjal-3204	636	11	will	will	AUX
cjal-3204	636	12	do	do	VERB
cjal-3204	636	13	,	,	PUNCT
cjal-3204	636	14	and	and	CCONJ
cjal-3204	636	15	when	when	SCONJ
cjal-3204	636	16	in	in	ADP
cjal-3204	636	17	virtually	virtually	ADV
cjal-3204	636	18	all	all	DET
cjal-3204	636	19	cases	case	NOUN
cjal-3204	636	20	it	it	PRON
cjal-3204	636	21	is	be	AUX
cjal-3204	636	22	desirable	desirable	ADJ
cjal-3204	636	23	for	for	SCONJ
cjal-3204	636	24	the	the	DET
cjal-3204	636	25	right	right	NOUN
cjal-3204	636	26	to	to	ADP
cjal-3204	636	27	payment	payment	NOUN
cjal-3204	636	28	(	(	PUNCT
cjal-3204	636	29	represented	represent	VERB
cjal-3204	636	30	in	in	ADP
cjal-3204	636	31	american	american	ADJ
cjal-3204	636	32	law	law	NOUN
cjal-3204	636	33	by	by	ADP
cjal-3204	636	34	the	the	DET
cjal-3204	636	35	note	note	NOUN
cjal-3204	636	36	)	)	PUNCT
cjal-3204	636	37	and	and	CCONJ
cjal-3204	636	38	the	the	DET
cjal-3204	636	39	security	security	NOUN
cjal-3204	636	40	interest	interest	NOUN
cjal-3204	636	41	in	in	ADP
cjal-3204	636	42	the	the	DET
cjal-3204	636	43	real	real	ADJ
cjal-3204	636	44	estate	estate	NOUN
cjal-3204	636	45	(	(	PUNCT
cjal-3204	636	46	represented	represent	VERB
cjal-3204	636	47	in	in	ADP
cjal-3204	636	48	american	american	ADJ
cjal-3204	636	49	law	law	NOUN
cjal-3204	636	50	by	by	ADP
cjal-3204	636	51	the	the	DET
cjal-3204	636	52	mortgage	mortgage	NOUN
cjal-3204	636	53	)	)	PUNCT
cjal-3204	636	54	to	to	PART
cjal-3204	636	55	be	be	AUX
cjal-3204	636	56	held	hold	VERB
cjal-3204	636	57	by	by	ADP
cjal-3204	636	58	the	the	DET
cjal-3204	636	59	same	same	ADJ
cjal-3204	636	60	person	person	NOUN
cjal-3204	636	61	or	or	CCONJ
cjal-3204	636	62	entity	entity	NOUN
cjal-3204	636	63	.	.	PUNCT
cjal-3204	637	1	there	there	PRON
cjal-3204	637	2	is	be	VERB
cjal-3204	637	3	an	an	DET
cjal-3204	637	4	extremely	extremely	ADV
cjal-3204	637	5	strong	strong	ADJ
cjal-3204	637	6	presumption	presumption	NOUN
cjal-3204	637	7	that	that	SCONJ
cjal-3204	637	8	the	the	DET
cjal-3204	637	9	ownership	ownership	NOUN
cjal-3204	637	10	of	of	ADP
cjal-3204	637	11	these	these	DET
cjal-3204	637	12	two	two	NUM
cjal-3204	637	13	rights	right	NOUN
cjal-3204	637	14	should	should	AUX
cjal-3204	637	15	remain	remain	VERB
cjal-3204	637	16	in	in	ADP
cjal-3204	637	17	the	the	DET
cjal-3204	637	18	same	same	ADJ
cjal-3204	637	19	hands,79	hands,79	NOUN
cjal-3204	637	20	and	and	CCONJ
cjal-3204	637	21	it	it	PRON
cjal-3204	637	22	is	be	AUX
cjal-3204	637	23	difficult	difficult	ADJ
cjal-3204	637	24	to	to	PART
cjal-3204	637	25	postulate	postulate	VERB
cjal-3204	637	26	any	any	DET
cjal-3204	637	27	situation	situation	NOUN
cjal-3204	637	28	in	in	ADP
cjal-3204	637	29	which	which	PRON
cjal-3204	637	30	ownership	ownership	NOUN
cjal-3204	637	31	of	of	ADP
cjal-3204	637	32	them	they	PRON
cjal-3204	637	33	should	should	AUX
cjal-3204	637	34	be	be	AUX
cjal-3204	637	35	divided	divide	VERB
cjal-3204	637	36	.	.	PUNCT
cjal-3204	638	1	yet	yet	ADV
cjal-3204	638	2	separate	separate	ADJ
cjal-3204	638	3	systems	system	NOUN
cjal-3204	638	4	of	of	ADP
cjal-3204	638	5	perfection	perfection	NOUN
cjal-3204	638	6	for	for	ADP
cjal-3204	638	7	the	the	DET
cjal-3204	638	8	two	two	NUM
cjal-3204	638	9	documents	document	NOUN
cjal-3204	638	10	continue	continue	VERB
cjal-3204	638	11	to	to	PART
cjal-3204	638	12	exist	exist	VERB
cjal-3204	638	13	in	in	ADP
cjal-3204	638	14	the	the	DET
cjal-3204	638	15	united	united	PROPN
cjal-3204	638	16	states	states	PROPN
cjal-3204	638	17	.	.	PUNCT
cjal-3204	639	1	chinese	chinese	ADJ
cjal-3204	639	2	law	law	NOUN
cjal-3204	639	3	does	do	AUX
cjal-3204	639	4	not	not	PART
cjal-3204	639	5	fall	fall	VERB
cjal-3204	639	6	into	into	ADP
cjal-3204	639	7	this	this	DET
cjal-3204	639	8	trap	trap	NOUN
cjal-3204	639	9	.	.	PUNCT
cjal-3204	640	1	a	a	DET
cjal-3204	640	2	single	single	ADJ
cjal-3204	640	3	document	document	NOUN
cjal-3204	640	4	is	be	AUX
cjal-3204	640	5	ordinarily	ordinarily	ADV
cjal-3204	640	6	used	use	VERB
cjal-3204	640	7	to	to	PART
cjal-3204	640	8	represent	represent	VERB
cjal-3204	640	9	these	these	DET
cjal-3204	640	10	two	two	NUM
cjal-3204	640	11	aspects	aspect	NOUN
cjal-3204	640	12	of	of	ADP
cjal-3204	640	13	the	the	DET
cjal-3204	640	14	mortgage	mortgage	NOUN
cjal-3204	640	15	loan	loan	NOUN
cjal-3204	640	16	.	.	PUNCT
cjal-3204	641	1	indeed	indeed	ADV
cjal-3204	641	2	,	,	PUNCT
cjal-3204	641	3	they	they	PRON
cjal-3204	641	4	are	be	AUX
cjal-3204	641	5	inseparable	inseparable	ADJ
cjal-3204	641	6	,	,	PUNCT
cjal-3204	641	7	since	since	SCONJ
cjal-3204	641	8	article	article	NOUN
cjal-3204	641	9	50	50	NUM
cjal-3204	641	10	of	of	ADP
cjal-3204	641	11	the	the	DET
cjal-3204	641	12	security	security	NOUN
cjal-3204	641	13	law	law	NOUN
cjal-3204	641	14	provides	provide	VERB
cjal-3204	641	15	that	that	SCONJ
cjal-3204	641	16	"	"	PUNCT
cjal-3204	641	17	a	a	DET
cjal-3204	641	18	mortgage	mortgage	NOUN
cjal-3204	641	19	right	right	NOUN
cjal-3204	641	20	can	can	AUX
cjal-3204	641	21	not	not	PART
cjal-3204	641	22	be	be	AUX
cjal-3204	641	23	separated	separate	VERB
cjal-3204	641	24	from	from	ADP
cjal-3204	641	25	the	the	DET
cjal-3204	641	26	debt	debt	NOUN
cjal-3204	641	27	[	[	X
cjal-3204	641	28	or	or	CCONJ
cjal-3204	641	29	]	]	PUNCT
cjal-3204	641	30	separately	separately	ADV
cjal-3204	641	31	assigned	assign	VERB
cjal-3204	641	32	.	.	PUNCT
cjal-3204	641	33	"	"	PUNCT
cjal-3204	642	1	hence	hence	ADV
cjal-3204	642	2	,	,	PUNCT
cjal-3204	642	3	whoever	whoever	PRON
cjal-3204	642	4	holds	hold	VERB
cjal-3204	642	5	the	the	DET
cjal-3204	642	6	debt	debt	NOUN
cjal-3204	642	7	automatically	automatically	ADV
cjal-3204	642	8	holds	hold	VERB
cjal-3204	642	9	77	77	NUM
cjal-3204	642	10	.	.	PUNCT
cjal-3204	643	1	secondary	secondary	ADJ
cjal-3204	643	2	mortgage	mortgage	NOUN
cjal-3204	643	3	markets	market	NOUN
cjal-3204	643	4	and	and	CCONJ
cjal-3204	643	5	securitizations	securitization	NOUN
cjal-3204	643	6	of	of	ADP
cjal-3204	643	7	mortgage	mortgage	NOUN
cjal-3204	643	8	pools	pool	NOUN
cjal-3204	643	9	are	be	AUX
cjal-3204	643	10	spreading	spread	VERB
cjal-3204	643	11	globally	globally	ADV
cjal-3204	643	12	,	,	PUNCT
cjal-3204	643	13	although	although	SCONJ
cjal-3204	643	14	in	in	ADP
cjal-3204	643	15	many	many	ADJ
cjal-3204	643	16	nations	nation	NOUN
cjal-3204	643	17	in	in	ADP
cjal-3204	643	18	addition	addition	NOUN
cjal-3204	643	19	to	to	ADP
cjal-3204	643	20	china	china	PROPN
cjal-3204	643	21	some	some	PRON
cjal-3204	643	22	of	of	ADP
cjal-3204	643	23	the	the	DET
cjal-3204	643	24	relevant	relevant	ADJ
cjal-3204	643	25	laws	law	NOUN
cjal-3204	643	26	are	be	AUX
cjal-3204	643	27	new	new	ADJ
cjal-3204	643	28	and	and	CCONJ
cjal-3204	643	29	of	of	ADP
cjal-3204	643	30	uncertain	uncertain	ADJ
cjal-3204	643	31	application	application	NOUN
cjal-3204	643	32	.	.	PUNCT
cjal-3204	644	1	see	see	VERB
cjal-3204	644	2	hideki	hideki	PROPN
cjal-3204	644	3	kanda	kanda	PROPN
cjal-3204	644	4	,	,	PUNCT
cjal-3204	644	5	securitization	securitization	NOUN
cjal-3204	644	6	in	in	ADP
cjal-3204	644	7	japan	japan	PROPN
cjal-3204	644	8	,	,	PUNCT
cjal-3204	644	9	8	8	NUM
cjal-3204	644	10	duke	duke	PROPN
cjal-3204	644	11	j.	j.	PROPN
cjal-3204	644	12	comp	comp	PROPN
cjal-3204	644	13	.	.	PUNCT
cjal-3204	645	1	&	&	CCONJ
cjal-3204	645	2	int'l	int'l	PROPN
cjal-3204	645	3	l.	l.	PROPN
cjal-3204	645	4	359	359	NUM
cjal-3204	645	5	(	(	PUNCT
cjal-3204	645	6	1998	1998	NUM
cjal-3204	645	7	)	)	PUNCT
cjal-3204	645	8	;	;	PUNCT
cjal-3204	645	9	georgette	georgette	PROPN
cjal-3204	645	10	c.	c.	PROPN
cjal-3204	645	11	poindexter	poindexter	PROPN
cjal-3204	645	12	&	&	CCONJ
cjal-3204	645	13	wendy	wendy	PROPN
cjal-3204	645	14	vargas	vargas	PROPN
cjal-3204	645	15	-	-	PUNCT
cjal-3204	645	16	cartaya	cartaya	PROPN
cjal-3204	645	17	,	,	PUNCT
cjal-3204	645	18	the	the	DET
cjal-3204	645	19	emerging	emerge	VERB
cjal-3204	645	20	secondary	secondary	ADJ
cjal-3204	645	21	mortgage	mortgage	NOUN
cjal-3204	645	22	market	market	NOUN
cjal-3204	645	23	in	in	ADP
cjal-3204	645	24	latin	latin	PROPN
cjal-3204	645	25	america	america	PROPN
cjal-3204	645	26	,	,	PUNCT
cjal-3204	645	27	paper	paper	NOUN
cjal-3204	645	28	presented	present	VERB
cjal-3204	645	29	at	at	ADP
cjal-3204	645	30	the	the	DET
cjal-3204	645	31	first	first	ADJ
cjal-3204	645	32	word	word	NOUN
cjal-3204	645	33	congress	congress	PROPN
cjal-3204	645	34	of	of	ADP
cjal-3204	645	35	the	the	DET
cjal-3204	645	36	international	international	ADJ
cjal-3204	645	37	real	real	ADJ
cjal-3204	645	38	estate	estate	NOUN
cjal-3204	645	39	society	society	NOUN
cjal-3204	645	40	,	,	PUNCT
cjal-3204	645	41	anchorage	anchorage	PROPN
cjal-3204	645	42	,	,	PUNCT
cjal-3204	645	43	alaska	alaska	PROPN
cjal-3204	645	44	(	(	PUNCT
cjal-3204	645	45	2001	2001	NUM
cjal-3204	645	46	)	)	PUNCT
cjal-3204	645	47	;	;	PUNCT
cjal-3204	645	48	securitization	securitization	NOUN
cjal-3204	645	49	in	in	ADP
cjal-3204	645	50	india	india	PROPN
cjal-3204	645	51	:	:	PUNCT
cjal-3204	645	52	next	next	ADJ
cjal-3204	645	53	steps	step	NOUN
cjal-3204	645	54	,	,	PUNCT
cjal-3204	645	55	inaugural	inaugural	ADJ
cjal-3204	645	56	address	address	NOUN
cjal-3204	645	57	by	by	ADP
cjal-3204	645	58	dr	dr	PROPN
cjal-3204	645	59	.	.	PROPN
cjal-3204	645	60	y.v.reddy	y.v.reddy	PROPN
cjal-3204	645	61	,	,	PUNCT
cjal-3204	645	62	deputy	deputy	NOUN
cjal-3204	645	63	governor	governor	NOUN
cjal-3204	645	64	,	,	PUNCT
cjal-3204	645	65	reserve	reserve	PROPN
cjal-3204	645	66	bank	bank	PROPN
cjal-3204	645	67	of	of	ADP
cjal-3204	645	68	india	india	PROPN
cjal-3204	645	69	,	,	PUNCT
cjal-3204	645	70	at	at	ADP
cjal-3204	645	71	seminar	seminar	NOUN
cjal-3204	645	72	on	on	ADP
cjal-3204	645	73	government	government	NOUN
cjal-3204	645	74	securities	security	NOUN
cjal-3204	645	75	market	market	NOUN
cjal-3204	645	76	,	,	PUNCT
cjal-3204	645	77	chennai	chennai	PROPN
cjal-3204	645	78	,	,	PUNCT
cjal-3204	645	79	india	india	PROPN
cjal-3204	645	80	,	,	PUNCT
cjal-3204	645	81	april	april	PROPN
cjal-3204	645	82	,	,	PUNCT
cjal-3204	645	83	17	17	NUM
cjal-3204	645	84	,	,	PUNCT
cjal-3204	645	85	1999	1999	NUM
cjal-3204	645	86	,	,	PUNCT
cjal-3204	645	87	<	<	X
cjal-3204	645	88	http://www.vinodkothari.com/secart.htm#regionalreviews	http://www.vinodkothari.com/secart.htm#regionalreviews	X
cjal-3204	645	89	>	>	X
cjal-3204	645	90	(	(	PUNCT
cjal-3204	645	91	last	last	ADV
cjal-3204	645	92	visited	visit	VERB
cjal-3204	645	93	nov.20	nov.20	PROPN
cjal-3204	645	94	,	,	PUNCT
cjal-3204	645	95	2001	2001	NUM
cjal-3204	645	96	)	)	PUNCT
cjal-3204	645	97	.	.	PUNCT
cjal-3204	646	1	78	78	NUM
cjal-3204	646	2	.	.	PUNCT
cjal-3204	647	1	see	see	VERB
cjal-3204	647	2	patrick	patrick	PROPN
cjal-3204	647	3	a.	a.	PROPN
cjal-3204	647	4	randolph	randolph	PROPN
cjal-3204	647	5	,	,	PUNCT
cjal-3204	647	6	is	be	AUX
cjal-3204	647	7	securitization	securitization	NOUN
cjal-3204	647	8	an	an	DET
cjal-3204	647	9	ansver	ansver	NOUN
cjal-3204	647	10	for	for	ADP
cjal-3204	647	11	china	china	PROPN
cjal-3204	647	12	's	's	PART
cjal-3204	647	13	housing	housing	NOUN
cjal-3204	647	14	needs	need	NOUN
cjal-3204	647	15	?	?	PUNCT
cjal-3204	648	1	world	world	NOUN
cjal-3204	648	2	securitization	securitization	NOUN
cjal-3204	648	3	news	news	PROPN
cjal-3204	648	4	&	&	CCONJ
cjal-3204	648	5	comment	comment	NOUN
cjal-3204	648	6	,	,	PUNCT
cjal-3204	648	7	(	(	PUNCT
cjal-3204	648	8	vol	vol	NOUN
cjal-3204	648	9	.	.	NOUN
cjal-3204	648	10	1	1	NUM
cjal-3204	648	11	,	,	PUNCT
cjal-3204	648	12	issue	issue	NOUN
cjal-3204	648	13	2	2	NUM
cjal-3204	648	14	,	,	PUNCT
cjal-3204	648	15	dec	dec	PROPN
cjal-3204	648	16	.	.	PROPN
cjal-3204	648	17	1998	1998	NUM
cjal-3204	648	18	,	,	PUNCT
cjal-3204	648	19	at	at	ADP
cjal-3204	648	20	1	1	NUM
cjal-3204	648	21	)	)	PUNCT
cjal-3204	648	22	;	;	PUNCT
cjal-3204	648	23	randolph	randolph	PROPN
cjal-3204	648	24	&	&	CCONJ
cjal-3204	648	25	lou	lou	PROPN
cjal-3204	648	26	,	,	PUNCT
cjal-3204	648	27	supra	supra	PROPN
cjal-3204	648	28	note	note	NOUN
cjal-3204	648	29	2	2	NUM
cjal-3204	648	30	,	,	PUNCT
cjal-3204	648	31	at	at	ADP
cjal-3204	648	32	24	24	NUM
cjal-3204	648	33	-	-	SYM
cjal-3204	648	34	5	5	NUM
cjal-3204	648	35	.	.	PUNCT
cjal-3204	649	1	a	a	DET
cjal-3204	649	2	housing	housing	NOUN
cjal-3204	649	3	mortgage	mortgage	NOUN
cjal-3204	649	4	securitization	securitization	NOUN
cjal-3204	649	5	"	"	PUNCT
cjal-3204	649	6	trial	trial	NOUN
cjal-3204	649	7	"	"	PUNCT
cjal-3204	649	8	was	be	AUX
cjal-3204	649	9	sponsored	sponsor	VERB
cjal-3204	649	10	by	by	ADP
cjal-3204	649	11	the	the	DET
cjal-3204	649	12	bank	bank	PROPN
cjal-3204	649	13	of	of	ADP
cjal-3204	649	14	china	china	PROPN
cjal-3204	649	15	in	in	ADP
cjal-3204	649	16	shanghai	shanghai	PROPN
cjal-3204	649	17	in	in	ADP
cjal-3204	649	18	1999	1999	NUM
cjal-3204	649	19	;	;	PUNCT
cjal-3204	649	20	see	see	VERB
cjal-3204	649	21	coudert	coudert	NOUN
cjal-3204	649	22	brothers	brother	NOUN
cjal-3204	649	23	,	,	PUNCT
cjal-3204	649	24	editorial	editorial	NOUN
cjal-3204	649	25	,	,	PUNCT
cjal-3204	649	26	china	china	PROPN
cjal-3204	649	27	news	news	PROPN
cjal-3204	649	28	,	,	PUNCT
cjal-3204	649	29	issue	issue	NOUN
cjal-3204	649	30	2	2	NUM
cjal-3204	649	31	(	(	PUNCT
cjal-3204	649	32	june	june	PROPN
cjal-3204	649	33	1999	1999	NUM
cjal-3204	649	34	)	)	PUNCT
cjal-3204	649	35	,	,	PUNCT
cjal-3204	649	36	<	<	X
cjal-3204	649	37	http://www.coudert.com/practice/chinanews.htm	http://www.coudert.com/practice/chinanews.htm	X
cjal-3204	649	38	>	>	X
cjal-3204	649	39	(	(	PUNCT
cjal-3204	649	40	last	last	ADV
cjal-3204	649	41	visited	visit	VERB
cjal-3204	649	42	nov.20	nov.20	PROPN
cjal-3204	649	43	,	,	PUNCT
cjal-3204	649	44	2001	2001	NUM
cjal-3204	649	45	)	)	PUNCT
cjal-3204	649	46	.	.	PUNCT
cjal-3204	650	1	79	79	NUM
cjal-3204	650	2	.	.	X
cjal-3204	650	3	restatement	restatement	NOUN
cjal-3204	650	4	(	(	PUNCT
cjal-3204	650	5	third	third	ADJ
cjal-3204	650	6	)	)	PUNCT
cjal-3204	650	7	of	of	ADP
cjal-3204	650	8	property	property	NOUN
cjal-3204	650	9	:	:	PUNCT
cjal-3204	650	10	mortgages	mortgage	NOUN
cjal-3204	650	11	§	§	PROPN
cjal-3204	650	12	5.4	5.4	NUM
cjal-3204	650	13	(	(	PUNCT
cjal-3204	650	14	1997	1997	NUM
cjal-3204	650	15	)	)	PUNCT
cjal-3204	650	16	.	.	PUNCT
cjal-3204	651	1	[	[	X
cjal-3204	651	2	15:1	15:1	NUM
cjal-3204	651	3	chinese	chinese	ADJ
cjal-3204	651	4	mortgage	mortgage	NOUN
cjal-3204	651	5	law	law	NOUN
cjal-3204	651	6	the	the	DET
cjal-3204	651	7	mortgage	mortgage	NOUN
cjal-3204	651	8	and	and	CCONJ
cjal-3204	651	9	vice	vice	NOUN
cjal-3204	651	10	versa.80	versa.80	NOUN
cjal-3204	651	11	likewise	likewise	ADV
cjal-3204	651	12	,	,	PUNCT
cjal-3204	651	13	it	it	PRON
cjal-3204	651	14	appears	appear	VERB
cjal-3204	651	15	that	that	SCONJ
cjal-3204	651	16	a	a	DET
cjal-3204	651	17	system	system	NOUN
cjal-3204	651	18	for	for	ADP
cjal-3204	651	19	public	public	ADJ
cjal-3204	651	20	tracking	tracking	NOUN
cjal-3204	651	21	of	of	ADP
cjal-3204	651	22	the	the	DET
cjal-3204	651	23	holding	holding	NOUN
cjal-3204	651	24	of	of	ADP
cjal-3204	651	25	mortgages	mortgage	NOUN
cjal-3204	651	26	exists	exist	VERB
cjal-3204	651	27	.	.	PUNCT
cjal-3204	652	1	it	it	PRON
cjal-3204	652	2	seems	seem	VERB
cjal-3204	652	3	quite	quite	ADV
cjal-3204	652	4	clear	clear	ADJ
cjal-3204	652	5	that	that	SCONJ
cjal-3204	652	6	registration	registration	NOUN
cjal-3204	652	7	in	in	ADP
cjal-3204	652	8	the	the	DET
cjal-3204	652	9	appropriate	appropriate	ADJ
cjal-3204	652	10	land	land	NOUN
cjal-3204	652	11	registry	registry	NOUN
cjal-3204	652	12	is	be	AUX
cjal-3204	652	13	required	require	VERB
cjal-3204	652	14	for	for	ADP
cjal-3204	652	15	the	the	DET
cjal-3204	652	16	creation	creation	NOUN
cjal-3204	652	17	of	of	ADP
cjal-3204	652	18	a	a	DET
cjal-3204	652	19	valid	valid	ADJ
cjal-3204	652	20	mortgage.8	mortgage.8	NOUN
cjal-3204	652	21	'	'	PUNCT
cjal-3204	652	22	it	it	PRON
cjal-3204	652	23	is	be	AUX
cjal-3204	652	24	plausible	plausible	ADJ
cjal-3204	652	25	to	to	PART
cjal-3204	652	26	assume	assume	VERB
cjal-3204	652	27	that	that	SCONJ
cjal-3204	652	28	registration	registration	NOUN
cjal-3204	652	29	is	be	AUX
cjal-3204	652	30	also	also	ADV
cjal-3204	652	31	the	the	DET
cjal-3204	652	32	essential	essential	ADJ
cjal-3204	652	33	method	method	NOUN
cjal-3204	652	34	of	of	ADP
cjal-3204	652	35	perfecting	perfect	VERB
cjal-3204	652	36	a	a	DET
cjal-3204	652	37	transfer	transfer	NOUN
cjal-3204	652	38	of	of	ADP
cjal-3204	652	39	a	a	DET
cjal-3204	652	40	mortgage	mortgage	NOUN
cjal-3204	652	41	from	from	ADP
cjal-3204	652	42	one	one	NUM
cjal-3204	652	43	holder	holder	NOUN
cjal-3204	652	44	or	or	CCONJ
cjal-3204	652	45	investor	investor	NOUN
cjal-3204	652	46	to	to	ADP
cjal-3204	652	47	another	another	PRON
cjal-3204	652	48	.	.	PUNCT
cjal-3204	653	1	while	while	SCONJ
cjal-3204	653	2	there	there	PRON
cjal-3204	653	3	is	be	VERB
cjal-3204	653	4	no	no	DET
cjal-3204	653	5	specific	specific	ADJ
cjal-3204	653	6	statutory	statutory	ADJ
cjal-3204	653	7	support	support	NOUN
cjal-3204	653	8	for	for	ADP
cjal-3204	653	9	this	this	DET
cjal-3204	653	10	understanding	understanding	NOUN
cjal-3204	653	11	in	in	ADP
cjal-3204	653	12	the	the	DET
cjal-3204	653	13	security	security	NOUN
cjal-3204	653	14	law	law	NOUN
cjal-3204	653	15	,	,	PUNCT
cjal-3204	653	16	it	it	PRON
cjal-3204	653	17	appears	appear	VERB
cjal-3204	653	18	to	to	PART
cjal-3204	653	19	follow	follow	VERB
cjal-3204	653	20	from	from	ADP
cjal-3204	653	21	the	the	DET
cjal-3204	653	22	fact	fact	NOUN
cjal-3204	653	23	that	that	SCONJ
cjal-3204	653	24	mortgages	mortgage	NOUN
cjal-3204	653	25	are	be	AUX
cjal-3204	653	26	regarded	regard	VERB
cjal-3204	653	27	as	as	ADP
cjal-3204	653	28	property	property	NOUN
cjal-3204	653	29	rights.82	rights.82	NOUN
cjal-3204	653	30	however	however	ADV
cjal-3204	653	31	,	,	PUNCT
cjal-3204	653	32	the	the	DET
cjal-3204	653	33	present	present	ADJ
cjal-3204	653	34	registration	registration	NOUN
cjal-3204	653	35	system	system	NOUN
cjal-3204	653	36	in	in	ADP
cjal-3204	653	37	china	china	PROPN
cjal-3204	653	38	is	be	AUX
cjal-3204	653	39	not	not	PART
cjal-3204	653	40	well	well	ADV
cjal-3204	653	41	adapted	adapt	VERB
cjal-3204	653	42	to	to	ADP
cjal-3204	653	43	the	the	DET
cjal-3204	653	44	process	process	NOUN
cjal-3204	653	45	of	of	ADP
cjal-3204	653	46	transferring	transfer	VERB
cjal-3204	653	47	mortgages	mortgage	NOUN
cjal-3204	653	48	.	.	PUNCT
cjal-3204	654	1	the	the	DET
cjal-3204	654	2	reason	reason	NOUN
cjal-3204	654	3	is	be	AUX
cjal-3204	654	4	the	the	DET
cjal-3204	654	5	use	use	NOUN
cjal-3204	654	6	of	of	ADP
cjal-3204	654	7	multiple	multiple	ADJ
cjal-3204	654	8	registries	registry	NOUN
cjal-3204	654	9	.	.	PUNCT
cjal-3204	655	1	the	the	DET
cjal-3204	655	2	security	security	NOUN
cjal-3204	655	3	lawv83	lawv83	NOUN
cjal-3204	655	4	provides	provide	VERB
cjal-3204	655	5	that	that	DET
cjal-3204	655	6	registration	registration	NOUN
cjal-3204	655	7	must	must	AUX
cjal-3204	655	8	be	be	AUX
cjal-3204	655	9	made	make	VERB
cjal-3204	655	10	in	in	ADP
cjal-3204	655	11	the	the	DET
cjal-3204	655	12	land	land	NOUN
cjal-3204	655	13	administration	administration	PROPN
cjal-3204	655	14	department	department	NOUN
cjal-3204	655	15	that	that	PRON
cjal-3204	655	16	issued	issue	VERB
cjal-3204	655	17	the	the	DET
cjal-3204	655	18	land	land	NOUN
cjal-3204	655	19	use	use	NOUN
cjal-3204	655	20	rights	right	NOUN
cjal-3204	655	21	if	if	SCONJ
cjal-3204	655	22	there	there	PRON
cjal-3204	655	23	are	be	VERB
cjal-3204	655	24	no	no	DET
cjal-3204	655	25	fixtures	fixture	NOUN
cjal-3204	655	26	on	on	ADP
cjal-3204	655	27	the	the	DET
cjal-3204	655	28	land	land	NOUN
cjal-3204	655	29	.	.	PUNCT
cjal-3204	656	1	in	in	ADP
cjal-3204	656	2	the	the	DET
cjal-3204	656	3	case	case	NOUN
cjal-3204	656	4	of	of	ADP
cjal-3204	656	5	land	land	NOUN
cjal-3204	656	6	with	with	ADP
cjal-3204	656	7	buildings	building	NOUN
cjal-3204	656	8	,	,	PUNCT
cjal-3204	656	9	registration	registration	NOUN
cjal-3204	656	10	must	must	AUX
cjal-3204	656	11	be	be	AUX
cjal-3204	656	12	made	make	VERB
cjal-3204	656	13	in	in	ADP
cjal-3204	656	14	the	the	DET
cjal-3204	656	15	department	department	NOUN
cjal-3204	656	16	stipulated	stipulate	VERB
cjal-3204	656	17	by	by	ADP
cjal-3204	656	18	the	the	DET
cjal-3204	656	19	local	local	ADJ
cjal-3204	656	20	people	people	NOUN
cjal-3204	656	21	's	's	PART
cjal-3204	656	22	government	government	NOUN
cjal-3204	656	23	,	,	PUNCT
cjal-3204	656	24	which	which	PRON
cjal-3204	656	25	may	may	AUX
cjal-3204	656	26	be	be	AUX
cjal-3204	656	27	at	at	ADP
cjal-3204	656	28	the	the	DET
cjal-3204	656	29	county	county	NOUN
cjal-3204	656	30	level	level	NOUN
cjal-3204	656	31	or	or	CCONJ
cjal-3204	656	32	above	above	ADV
cjal-3204	656	33	.	.	PUNCT
cjal-3204	657	1	finally	finally	ADV
cjal-3204	657	2	,	,	PUNCT
cjal-3204	657	3	the	the	DET
cjal-3204	657	4	responsible	responsible	ADJ
cjal-3204	657	5	forestry	forestry	PROPN
cjal-3204	657	6	department	department	NOUN
cjal-3204	657	7	at	at	ADP
cjal-3204	657	8	the	the	DET
cjal-3204	657	9	county	county	NOUN
cjal-3204	657	10	level	level	NOUN
cjal-3204	657	11	or	or	CCONJ
cjal-3204	657	12	above	above	ADJ
cjal-3204	657	13	handles	handle	VERB
cjal-3204	657	14	registrations	registration	NOUN
cjal-3204	657	15	for	for	ADP
cjal-3204	657	16	forest	forest	NOUN
cjal-3204	657	17	land	land	NOUN
cjal-3204	657	18	.	.	PUNCT
cjal-3204	658	1	two	two	NUM
cjal-3204	658	2	problems	problem	NOUN
cjal-3204	658	3	exist	exist	VERB
cjal-3204	658	4	in	in	ADP
cjal-3204	658	5	this	this	DET
cjal-3204	658	6	system	system	NOUN
cjal-3204	658	7	insofar	insofar	ADV
cjal-3204	658	8	as	as	SCONJ
cjal-3204	658	9	it	it	PRON
cjal-3204	658	10	is	be	AUX
cjal-3204	658	11	used	use	VERB
cjal-3204	658	12	to	to	PART
cjal-3204	658	13	track	track	VERB
cjal-3204	658	14	the	the	DET
cjal-3204	658	15	movement	movement	NOUN
cjal-3204	658	16	of	of	ADP
cjal-3204	658	17	mortgages	mortgage	NOUN
cjal-3204	658	18	on	on	ADP
cjal-3204	658	19	the	the	DET
cjal-3204	658	20	secondary	secondary	ADJ
cjal-3204	658	21	market	market	NOUN
cjal-3204	658	22	.	.	PUNCT
cjal-3204	659	1	first	first	ADV
cjal-3204	659	2	,	,	PUNCT
cjal-3204	659	3	mortgages	mortgage	NOUN
cjal-3204	659	4	on	on	ADP
cjal-3204	659	5	land	land	NOUN
cjal-3204	659	6	may	may	AUX
cjal-3204	659	7	be	be	AUX
cjal-3204	659	8	registered	register	VERB
cjal-3204	659	9	in	in	ADP
cjal-3204	659	10	any	any	DET
cjal-3204	659	11	one	one	NUM
cjal-3204	659	12	of	of	ADP
cjal-3204	659	13	three	three	NUM
cjal-3204	659	14	local	local	ADJ
cjal-3204	659	15	registries	registry	NOUN
cjal-3204	659	16	,	,	PUNCT
cjal-3204	659	17	depending	depend	VERB
cjal-3204	659	18	on	on	ADP
cjal-3204	659	19	the	the	DET
cjal-3204	659	20	use	use	NOUN
cjal-3204	659	21	and	and	CCONJ
cjal-3204	659	22	improvements	improvement	NOUN
cjal-3204	659	23	on	on	ADP
cjal-3204	659	24	the	the	DET
cjal-3204	659	25	land	land	NOUN
cjal-3204	659	26	.	.	PUNCT
cjal-3204	660	1	second	second	ADJ
cjal-3204	660	2	,	,	PUNCT
cjal-3204	660	3	and	and	CCONJ
cjal-3204	660	4	more	more	ADV
cjal-3204	660	5	important	important	ADJ
cjal-3204	660	6	,	,	PUNCT
cjal-3204	660	7	the	the	DET
cjal-3204	660	8	registries	registry	NOUN
cjal-3204	660	9	are	be	AUX
cjal-3204	660	10	local	local	ADJ
cjal-3204	660	11	in	in	ADP
cjal-3204	660	12	nature	nature	NOUN
cjal-3204	660	13	.	.	PUNCT
cjal-3204	661	1	the	the	DET
cjal-3204	661	2	american	american	ADJ
cjal-3204	661	3	experience	experience	NOUN
cjal-3204	661	4	leading	lead	VERB
cjal-3204	661	5	up	up	ADP
cjal-3204	661	6	to	to	ADP
cjal-3204	661	7	mers	mers	PROPN
cjal-3204	661	8	demonstrates	demonstrate	VERB
cjal-3204	661	9	that	that	SCONJ
cjal-3204	661	10	a	a	DET
cjal-3204	661	11	single	single	ADJ
cjal-3204	661	12	nationwide	nationwide	ADJ
cjal-3204	661	13	system	system	NOUN
cjal-3204	661	14	for	for	ADP
cjal-3204	661	15	tracking	track	VERB
cjal-3204	661	16	ownership	ownership	NOUN
cjal-3204	661	17	of	of	ADP
cjal-3204	661	18	mortgages	mortgage	NOUN
cjal-3204	661	19	is	be	AUX
cjal-3204	661	20	needed	need	VERB
cjal-3204	661	21	to	to	PART
cjal-3204	661	22	support	support	VERB
cjal-3204	661	23	an	an	DET
cjal-3204	661	24	efficient	efficient	ADJ
cjal-3204	661	25	secondary	secondary	ADJ
cjal-3204	661	26	mortgage	mortgage	NOUN
cjal-3204	661	27	market	market	NOUN
cjal-3204	661	28	.	.	PUNCT
cjal-3204	662	1	if	if	SCONJ
cjal-3204	662	2	mortgages	mortgage	NOUN
cjal-3204	662	3	are	be	AUX
cjal-3204	662	4	to	to	PART
cjal-3204	662	5	be	be	AUX
cjal-3204	662	6	transferred	transfer	VERB
cjal-3204	662	7	throughout	throughout	ADP
cjal-3204	662	8	the	the	DET
cjal-3204	662	9	country	country	NOUN
cjal-3204	662	10	,	,	PUNCT
cjal-3204	662	11	a	a	DET
cjal-3204	662	12	locality	locality	NOUN
cjal-3204	662	13	-	-	PUNCT
cjal-3204	662	14	based	base	VERB
cjal-3204	662	15	records	record	NOUN
cjal-3204	662	16	system	system	NOUN
cjal-3204	662	17	makes	make	VERB
cjal-3204	662	18	no	no	DET
cjal-3204	662	19	sense	sense	NOUN
cjal-3204	662	20	.	.	PUNCT
cjal-3204	663	1	it	it	PRON
cjal-3204	663	2	is	be	AUX
cjal-3204	663	3	extremely	extremely	ADV
cjal-3204	663	4	inefficient	inefficient	ADJ
cjal-3204	663	5	for	for	ADP
cjal-3204	663	6	an	an	DET
cjal-3204	663	7	investor	investor	NOUN
cjal-3204	663	8	in	in	ADP
cjal-3204	663	9	boston	boston	PROPN
cjal-3204	663	10	or	or	CCONJ
cjal-3204	663	11	beijing	beijing	PROPN
cjal-3204	663	12	to	to	PART
cjal-3204	663	13	be	be	AUX
cjal-3204	663	14	forced	force	VERB
cjal-3204	663	15	to	to	PART
cjal-3204	663	16	examine	examine	VERB
cjal-3204	663	17	the	the	DET
cjal-3204	663	18	records	record	NOUN
cjal-3204	663	19	in	in	ADP
cjal-3204	663	20	santa	santa	PROPN
cjal-3204	663	21	fe	fe	PROPN
cjal-3204	663	22	or	or	CCONJ
cjal-3204	663	23	shanghai	shanghai	PROPN
cjal-3204	663	24	in	in	ADP
cjal-3204	663	25	order	order	NOUN
cjal-3204	663	26	to	to	PART
cjal-3204	663	27	determine	determine	VERB
cjal-3204	663	28	whether	whether	SCONJ
cjal-3204	663	29	the	the	DET
cjal-3204	663	30	party	party	NOUN
cjal-3204	663	31	offering	offer	VERB
cjal-3204	663	32	to	to	PART
cjal-3204	663	33	sell	sell	VERB
cjal-3204	663	34	mortgages	mortgage	NOUN
cjal-3204	663	35	to	to	ADP
cjal-3204	663	36	the	the	DET
cjal-3204	663	37	investor	investor	NOUN
cjal-3204	663	38	really	really	ADV
cjal-3204	663	39	owns	own	VERB
cjal-3204	663	40	those	those	DET
cjal-3204	663	41	mortgages	mortgage	NOUN
cjal-3204	663	42	or	or	CCONJ
cjal-3204	663	43	not	not	PART
cjal-3204	663	44	.	.	PUNCT
cjal-3204	664	1	even	even	ADV
cjal-3204	664	2	if	if	SCONJ
cjal-3204	664	3	one	one	PRON
cjal-3204	664	4	could	could	AUX
cjal-3204	664	5	expect	expect	VERB
cjal-3204	664	6	all	all	DET
cjal-3204	664	7	local	local	ADJ
cjal-3204	664	8	registrars	registrar	NOUN
cjal-3204	664	9	to	to	PART
cjal-3204	664	10	create	create	VERB
cjal-3204	664	11	on	on	ADP
cjal-3204	664	12	-	-	PUNCT
cjal-3204	664	13	line	line	NOUN
cjal-3204	664	14	systems	system	NOUN
cjal-3204	664	15	(	(	PUNCT
cjal-3204	664	16	an	an	DET
cjal-3204	664	17	unrealistic	unrealistic	ADJ
cjal-3204	664	18	expectation	expectation	NOUN
cjal-3204	664	19	at	at	ADP
cjal-3204	664	20	present	present	ADJ
cjal-3204	664	21	in	in	ADP
cjal-3204	664	22	both	both	CCONJ
cjal-3204	664	23	the	the	DET
cjal-3204	664	24	united	united	PROPN
cjal-3204	664	25	states	states	PROPN
cjal-3204	664	26	and	and	CCONJ
cjal-3204	664	27	china	china	PROPN
cjal-3204	664	28	)	)	PUNCT
cjal-3204	664	29	,	,	PUNCT
cjal-3204	664	30	it	it	PRON
cjal-3204	664	31	would	would	AUX
cjal-3204	664	32	still	still	ADV
cjal-3204	664	33	be	be	AUX
cjal-3204	664	34	inefficient	inefficient	ADJ
cjal-3204	664	35	for	for	SCONJ
cjal-3204	664	36	the	the	DET
cjal-3204	664	37	investor	investor	NOUN
cjal-3204	664	38	to	to	PART
cjal-3204	664	39	search	search	VERB
cjal-3204	664	40	in	in	ADP
cjal-3204	664	41	multiple	multiple	ADJ
cjal-3204	664	42	systems	system	NOUN
cjal-3204	664	43	before	before	ADP
cjal-3204	664	44	buying	buy	VERB
cjal-3204	664	45	a	a	DET
cjal-3204	664	46	package	package	NOUN
cjal-3204	664	47	of	of	ADP
cjal-3204	664	48	mortgages	mortgage	NOUN
cjal-3204	664	49	.	.	PUNCT
cjal-3204	665	1	mers	mer	NOUN
cjal-3204	665	2	has	have	AUX
cjal-3204	665	3	gone	go	VERB
cjal-3204	665	4	a	a	DET
cjal-3204	665	5	long	long	ADJ
cjal-3204	665	6	way	way	NOUN
cjal-3204	665	7	toward	toward	ADP
cjal-3204	665	8	solving	solve	VERB
cjal-3204	665	9	this	this	DET
cjal-3204	665	10	problem	problem	NOUN
cjal-3204	665	11	in	in	ADP
cjal-3204	665	12	the	the	DET
cjal-3204	665	13	united	united	PROPN
cjal-3204	665	14	states	states	PROPN
cjal-3204	665	15	,	,	PUNCT
cjal-3204	665	16	but	but	CCONJ
cjal-3204	665	17	it	it	PRON
cjal-3204	665	18	was	be	AUX
cjal-3204	665	19	necessary	necessary	ADJ
cjal-3204	665	20	for	for	SCONJ
cjal-3204	665	21	mers	mer	NOUN
cjal-3204	665	22	to	to	PART
cjal-3204	665	23	enter	enter	VERB
cjal-3204	665	24	the	the	DET
cjal-3204	665	25	picture	picture	NOUN
cjal-3204	665	26	only	only	ADV
cjal-3204	665	27	80	80	NUM
cjal-3204	665	28	.	.	PUNCT
cjal-3204	666	1	godwin	godwin	PROPN
cjal-3204	666	2	,	,	PUNCT
cjal-3204	666	3	supra	supra	PROPN
cjal-3204	666	4	note	note	NOUN
cjal-3204	666	5	2	2	NUM
cjal-3204	666	6	,	,	PUNCT
cjal-3204	666	7	at	at	ADP
cjal-3204	666	8	54	54	NUM
cjal-3204	666	9	-	-	SYM
cjal-3204	666	10	55	55	NUM
cjal-3204	666	11	,	,	PUNCT
cjal-3204	666	12	137	137	NUM
cjal-3204	666	13	-	-	SYM
cjal-3204	666	14	38	38	NUM
cjal-3204	666	15	.	.	PUNCT
cjal-3204	666	16	81	81	NUM
cjal-3204	666	17	.	.	PUNCT
cjal-3204	667	1	chinese	chinese	ADJ
cjal-3204	667	2	security	security	NOUN
cjal-3204	667	3	law	law	NOUN
cjal-3204	667	4	art	art	NOUN
cjal-3204	667	5	.	.	PUNCT
cjal-3204	668	1	41	41	NUM
cjal-3204	668	2	:	:	PUNCT
cjal-3204	668	3	"	"	PUNCT
cjal-3204	668	4	[	[	X
cjal-3204	668	5	r]egistration	r]egistration	NOUN
cjal-3204	668	6	of	of	ADP
cjal-3204	668	7	the	the	DET
cjal-3204	668	8	mortgaged	mortgaged	ADJ
cjal-3204	668	9	property	property	NOUN
cjal-3204	668	10	must	must	AUX
cjal-3204	668	11	be	be	AUX
cjal-3204	668	12	undertaken	undertake	VERB
cjal-3204	668	13	and	and	CCONJ
cjal-3204	668	14	the	the	DET
cjal-3204	668	15	mortgage	mortgage	NOUN
cjal-3204	668	16	contract	contract	NOUN
cjal-3204	668	17	will	will	AUX
cjal-3204	668	18	take	take	VERB
cjal-3204	668	19	effect	effect	NOUN
cjal-3204	668	20	from	from	ADP
cjal-3204	668	21	the	the	DET
cjal-3204	668	22	date	date	NOUN
cjal-3204	668	23	of	of	ADP
cjal-3204	668	24	registration	registration	NOUN
cjal-3204	668	25	.	.	PUNCT
cjal-3204	668	26	"	"	PUNCT
cjal-3204	669	1	a	a	DET
cjal-3204	669	2	heated	heated	ADJ
cjal-3204	669	3	argument	argument	NOUN
cjal-3204	669	4	exists	exist	VERB
cjal-3204	669	5	among	among	ADP
cjal-3204	669	6	chinese	chinese	ADJ
cjal-3204	669	7	legal	legal	ADJ
cjal-3204	669	8	scholars	scholar	NOUN
cjal-3204	669	9	as	as	ADP
cjal-3204	669	10	to	to	ADP
cjal-3204	669	11	whether	whether	SCONJ
cjal-3204	669	12	the	the	DET
cjal-3204	669	13	rule	rule	NOUN
cjal-3204	669	14	as	as	SCONJ
cjal-3204	669	15	so	so	ADV
cjal-3204	669	16	stated	stated	ADJ
cjal-3204	669	17	is	be	AUX
cjal-3204	669	18	desirable	desirable	ADJ
cjal-3204	669	19	,	,	PUNCT
cjal-3204	669	20	or	or	CCONJ
cjal-3204	669	21	whether	whether	SCONJ
cjal-3204	669	22	registration	registration	NOUN
cjal-3204	669	23	should	should	AUX
cjal-3204	669	24	be	be	AUX
cjal-3204	669	25	required	require	VERB
cjal-3204	669	26	only	only	ADV
cjal-3204	669	27	as	as	ADP
cjal-3204	669	28	against	against	ADP
cjal-3204	669	29	third	third	ADJ
cjal-3204	669	30	parties	party	NOUN
cjal-3204	669	31	(	(	PUNCT
cjal-3204	669	32	or	or	CCONJ
cjal-3204	669	33	third	third	ADJ
cjal-3204	669	34	parties	party	NOUN
cjal-3204	669	35	taking	take	VERB
cjal-3204	669	36	interests	interest	NOUN
cjal-3204	669	37	in	in	ADP
cjal-3204	669	38	the	the	DET
cjal-3204	669	39	property	property	NOUN
cjal-3204	669	40	without	without	ADP
cjal-3204	669	41	notice	notice	NOUN
cjal-3204	669	42	of	of	ADP
cjal-3204	669	43	the	the	DET
cjal-3204	669	44	mortgage	mortgage	NOUN
cjal-3204	669	45	.	.	PUNCT
cjal-3204	669	46	"	"	PUNCT
cjal-3204	670	1	most	most	ADJ
cjal-3204	670	2	scholars	scholar	NOUN
cjal-3204	670	3	seem	seem	VERB
cjal-3204	670	4	to	to	PART
cjal-3204	670	5	agree	agree	VERB
cjal-3204	670	6	that	that	SCONJ
cjal-3204	670	7	to	to	PART
cjal-3204	670	8	deny	deny	VERB
cjal-3204	670	9	enforcement	enforcement	NOUN
cjal-3204	670	10	as	as	ADP
cjal-3204	670	11	between	between	ADP
cjal-3204	670	12	the	the	DET
cjal-3204	670	13	original	original	ADJ
cjal-3204	670	14	parties	party	NOUN
cjal-3204	670	15	on	on	ADP
cjal-3204	670	16	account	account	NOUN
cjal-3204	670	17	of	of	ADP
cjal-3204	670	18	failure	failure	NOUN
cjal-3204	670	19	to	to	PART
cjal-3204	670	20	register	register	VERB
cjal-3204	670	21	is	be	AUX
cjal-3204	670	22	unnecessarily	unnecessarily	ADV
cjal-3204	670	23	harsh	harsh	ADJ
cjal-3204	670	24	,	,	PUNCT
cjal-3204	670	25	but	but	CCONJ
cjal-3204	670	26	that	that	PRON
cjal-3204	670	27	appears	appear	VERB
cjal-3204	670	28	to	to	PART
cjal-3204	670	29	be	be	AUX
cjal-3204	670	30	the	the	DET
cjal-3204	670	31	purport	purport	NOUN
cjal-3204	670	32	of	of	ADP
cjal-3204	670	33	the	the	DET
cjal-3204	670	34	existing	exist	VERB
cjal-3204	670	35	law	law	NOUN
cjal-3204	670	36	.	.	PUNCT
cjal-3204	671	1	see	see	VERB
cjal-3204	671	2	godwin	godwin	PROPN
cjal-3204	671	3	,	,	PUNCT
cjal-3204	671	4	supra	supra	PROPN
cjal-3204	671	5	note	note	NOUN
cjal-3204	671	6	2	2	NUM
cjal-3204	671	7	,	,	PUNCT
cjal-3204	671	8	at	at	ADP
cjal-3204	671	9	112	112	NUM
cjal-3204	671	10	-	-	SYM
cjal-3204	671	11	119	119	NUM
cjal-3204	671	12	.	.	PUNCT
cjal-3204	671	13	82	82	NUM
cjal-3204	671	14	.	.	PUNCT
cjal-3204	672	1	godwin	godwin	PROPN
cjal-3204	672	2	,	,	PUNCT
cjal-3204	672	3	supra	supra	PROPN
cjal-3204	672	4	note	note	NOUN
cjal-3204	672	5	2	2	NUM
cjal-3204	672	6	,	,	PUNCT
cjal-3204	672	7	at	at	ADP
cjal-3204	672	8	56	56	NUM
cjal-3204	672	9	.	.	NOUN
cjal-3204	672	10	83	83	NUM
cjal-3204	672	11	.	.	PUNCT
cjal-3204	673	1	chinese	chinese	ADJ
cjal-3204	673	2	security	security	PROPN
cjal-3204	673	3	lawart	lawart	PROPN
cjal-3204	673	4	.	.	PUNCT
cjal-3204	674	1	42	42	NUM
cjal-3204	674	2	.	.	PUNCT
cjal-3204	675	1	2001	2001	NUM
cjal-3204	675	2	]	]	PUNCT
cjal-3204	675	3	columbia	columbia	PROPN
cjal-3204	675	4	journal	journal	PROPN
cjal-3204	675	5	of	of	ADP
cjal-3204	675	6	asian	asian	ADJ
cjal-3204	675	7	law	law	NOUN
cjal-3204	675	8	because	because	SCONJ
cjal-3204	675	9	no	no	DET
cjal-3204	675	10	government	government	NOUN
cjal-3204	675	11	or	or	CCONJ
cjal-3204	675	12	combination	combination	NOUN
cjal-3204	675	13	of	of	ADP
cjal-3204	675	14	governments	government	NOUN
cjal-3204	675	15	was	be	AUX
cjal-3204	675	16	willing	willing	ADJ
cjal-3204	675	17	to	to	PART
cjal-3204	675	18	take	take	VERB
cjal-3204	675	19	the	the	DET
cjal-3204	675	20	necessary	necessary	ADJ
cjal-3204	675	21	steps	step	NOUN
cjal-3204	675	22	.	.	PUNCT
cjal-3204	676	1	no	no	DET
cjal-3204	676	2	such	such	ADJ
cjal-3204	676	3	private	private	ADJ
cjal-3204	676	4	system	system	NOUN
cjal-3204	676	5	should	should	AUX
cjal-3204	676	6	be	be	AUX
cjal-3204	676	7	necessary	necessary	ADJ
cjal-3204	676	8	.	.	PUNCT
cjal-3204	677	1	in	in	ADP
cjal-3204	677	2	a	a	DET
cjal-3204	677	3	nation	nation	NOUN
cjal-3204	677	4	like	like	ADP
cjal-3204	677	5	china	china	PROPN
cjal-3204	677	6	,	,	PUNCT
cjal-3204	677	7	which	which	PRON
cjal-3204	677	8	has	have	VERB
cjal-3204	677	9	the	the	DET
cjal-3204	677	10	opportunity	opportunity	NOUN
cjal-3204	677	11	to	to	PART
cjal-3204	677	12	create	create	VERB
cjal-3204	677	13	a	a	DET
cjal-3204	677	14	system	system	NOUN
cjal-3204	677	15	in	in	ADP
cjal-3204	677	16	the	the	DET
cjal-3204	677	17	light	light	NOUN
cjal-3204	677	18	of	of	ADP
cjal-3204	677	19	modem	modem	NOUN
cjal-3204	677	20	mortgage	mortgage	NOUN
cjal-3204	677	21	practices	practice	NOUN
cjal-3204	677	22	,	,	PUNCT
cjal-3204	677	23	a	a	DET
cjal-3204	677	24	single	single	ADJ
cjal-3204	677	25	system	system	NOUN
cjal-3204	677	26	of	of	ADP
cjal-3204	677	27	public	public	ADJ
cjal-3204	677	28	registration	registration	NOUN
cjal-3204	677	29	of	of	ADP
cjal-3204	677	30	mortgages	mortgage	NOUN
cjal-3204	677	31	should	should	AUX
cjal-3204	677	32	be	be	AUX
cjal-3204	677	33	created	create	VERB
cjal-3204	677	34	.	.	PUNCT
cjal-3204	678	1	the	the	DET
cjal-3204	678	2	system	system	NOUN
cjal-3204	678	3	should	should	AUX
cjal-3204	678	4	be	be	AUX
cjal-3204	678	5	nationwide	nationwide	ADJ
cjal-3204	678	6	,	,	PUNCT
cjal-3204	678	7	rather	rather	ADV
cjal-3204	678	8	than	than	ADP
cjal-3204	678	9	based	base	VERB
cjal-3204	678	10	on	on	ADP
cjal-3204	678	11	individual	individual	ADJ
cjal-3204	678	12	counties	county	NOUN
cjal-3204	678	13	or	or	CCONJ
cjal-3204	678	14	provinces	province	NOUN
cjal-3204	678	15	,	,	PUNCT
cjal-3204	678	16	since	since	SCONJ
cjal-3204	678	17	mortgages	mortgage	NOUN
cjal-3204	678	18	are	be	AUX
cjal-3204	678	19	or	or	CCONJ
cjal-3204	678	20	will	will	AUX
cjal-3204	678	21	be	be	AUX
cjal-3204	678	22	in	in	ADP
cjal-3204	678	23	the	the	DET
cjal-3204	678	24	future	future	NOUN
cjal-3204	678	25	traded	trade	VERB
cjal-3204	678	26	on	on	ADP
cjal-3204	678	27	a	a	DET
cjal-3204	678	28	national	national	ADJ
cjal-3204	678	29	scale	scale	NOUN
cjal-3204	678	30	.	.	PUNCT
cjal-3204	679	1	it	it	PRON
cjal-3204	679	2	should	should	AUX
cjal-3204	679	3	be	be	AUX
cjal-3204	679	4	maintained	maintain	VERB
cjal-3204	679	5	in	in	ADP
cjal-3204	679	6	electronic	electronic	ADJ
cjal-3204	679	7	form	form	NOUN
cjal-3204	679	8	,	,	PUNCT
cjal-3204	679	9	and	and	CCONJ
cjal-3204	679	10	should	should	AUX
cjal-3204	679	11	be	be	AUX
cjal-3204	679	12	searchable	searchable	ADJ
cjal-3204	679	13	on	on	ADP
cjal-3204	679	14	-	-	PUNCT
cjal-3204	679	15	line	line	NOUN
cjal-3204	679	16	from	from	ADP
cjal-3204	679	17	anywhere	anywhere	ADV
cjal-3204	679	18	in	in	ADP
cjal-3204	679	19	the	the	DET
cjal-3204	679	20	world	world	NOUN
cjal-3204	679	21	a	a	DET
cjal-3204	679	22	feature	feature	NOUN
cjal-3204	679	23	that	that	PRON
cjal-3204	679	24	american	american	ADJ
cjal-3204	679	25	public	public	ADJ
cjal-3204	679	26	real	real	ADJ
cjal-3204	679	27	estate	estate	NOUN
cjal-3204	679	28	recorders	recorder	NOUN
cjal-3204	679	29	are	be	AUX
cjal-3204	679	30	just	just	ADV
cjal-3204	679	31	now	now	ADV
cjal-3204	679	32	beginning	begin	VERB
cjal-3204	679	33	to	to	PART
cjal-3204	679	34	implement	implement	VERB
cjal-3204	679	35	.	.	PUNCT
cjal-3204	680	1	84	84	NUM
cjal-3204	680	2	a	a	DET
cjal-3204	680	3	further	further	ADJ
cjal-3204	680	4	legal	legal	ADJ
cjal-3204	680	5	aspect	aspect	NOUN
cjal-3204	680	6	of	of	ADP
cjal-3204	680	7	secondary	secondary	ADJ
cjal-3204	680	8	market	market	NOUN
cjal-3204	680	9	transfers	transfer	NOUN
cjal-3204	680	10	needs	need	VERB
cjal-3204	680	11	clarification	clarification	NOUN
cjal-3204	680	12	under	under	ADP
cjal-3204	680	13	chinese	chinese	ADJ
cjal-3204	680	14	law	law	NOUN
cjal-3204	680	15	.	.	PUNCT
cjal-3204	681	1	in	in	ADP
cjal-3204	681	2	the	the	DET
cjal-3204	681	3	united	united	PROPN
cjal-3204	681	4	states	states	PROPN
cjal-3204	681	5	,	,	PUNCT
cjal-3204	681	6	mortgages	mortgage	NOUN
cjal-3204	681	7	and	and	CCONJ
cjal-3204	681	8	their	their	PRON
cjal-3204	681	9	accompanying	accompanying	ADJ
cjal-3204	681	10	promissory	promissory	ADJ
cjal-3204	681	11	notes	note	NOUN
cjal-3204	681	12	are	be	AUX
cjal-3204	681	13	frequently	frequently	ADV
cjal-3204	681	14	pledged	pledge	VERB
cjal-3204	681	15	as	as	ADP
cjal-3204	681	16	security	security	NOUN
cjal-3204	681	17	for	for	ADP
cjal-3204	681	18	other	other	ADJ
cjal-3204	681	19	debts	debt	NOUN
cjal-3204	681	20	.	.	PUNCT
cjal-3204	682	1	for	for	ADP
cjal-3204	682	2	example	example	NOUN
cjal-3204	682	3	,	,	PUNCT
cjal-3204	682	4	a	a	DET
cjal-3204	682	5	mortgage	mortgage	NOUN
cjal-3204	682	6	banking	banking	NOUN
cjal-3204	682	7	company	company	NOUN
cjal-3204	682	8	85	85	NUM
cjal-3204	682	9	may	may	AUX
cjal-3204	682	10	secure	secure	VERB
cjal-3204	682	11	a	a	DET
cjal-3204	682	12	line	line	NOUN
cjal-3204	682	13	of	of	ADP
cjal-3204	682	14	credit	credit	NOUN
cjal-3204	682	15	from	from	ADP
cjal-3204	682	16	a	a	DET
cjal-3204	682	17	commercial	commercial	ADJ
cjal-3204	682	18	bank	bank	NOUN
cjal-3204	682	19	by	by	ADP
cjal-3204	682	20	pledging	pledge	VERB
cjal-3204	682	21	a	a	DET
cjal-3204	682	22	pool	pool	NOUN
cjal-3204	682	23	of	of	ADP
cjal-3204	682	24	notes	note	NOUN
cjal-3204	682	25	and	and	CCONJ
cjal-3204	682	26	mortgages	mortgage	NOUN
cjal-3204	682	27	that	that	PRON
cjal-3204	682	28	it	it	PRON
cjal-3204	682	29	has	have	AUX
cjal-3204	682	30	originated.86	originated.86	VERB
cjal-3204	682	31	these	these	DET
cjal-3204	682	32	transactions	transaction	NOUN
cjal-3204	682	33	are	be	AUX
cjal-3204	682	34	often	often	ADV
cjal-3204	682	35	short	short	ADJ
cjal-3204	682	36	in	in	ADP
cjal-3204	682	37	term	term	NOUN
cjal-3204	682	38	lasting	last	VERB
cjal-3204	682	39	only	only	ADV
cjal-3204	682	40	a	a	DET
cjal-3204	682	41	few	few	ADJ
cjal-3204	682	42	weeks	week	NOUN
cjal-3204	682	43	or	or	CCONJ
cjal-3204	682	44	a	a	DET
cjal-3204	682	45	few	few	ADJ
cjal-3204	682	46	months	month	NOUN
cjal-3204	682	47	.	.	PUNCT
cjal-3204	683	1	they	they	PRON
cjal-3204	683	2	are	be	AUX
cjal-3204	683	3	nonetheless	nonetheless	ADV
cjal-3204	683	4	commercially	commercially	ADV
cjal-3204	683	5	highly	highly	ADV
cjal-3204	683	6	useful	useful	ADJ
cjal-3204	683	7	,	,	PUNCT
cjal-3204	683	8	and	and	CCONJ
cjal-3204	683	9	permit	permit	VERB
cjal-3204	683	10	mortgage	mortgage	NOUN
cjal-3204	683	11	bankers	banker	NOUN
cjal-3204	683	12	to	to	PART
cjal-3204	683	13	have	have	VERB
cjal-3204	683	14	access	access	NOUN
cjal-3204	683	15	to	to	ADP
cjal-3204	683	16	funds	fund	NOUN
cjal-3204	683	17	for	for	ADP
cjal-3204	683	18	loan	loan	NOUN
cjal-3204	683	19	origination	origination	NOUN
cjal-3204	683	20	that	that	PRON
cjal-3204	683	21	would	would	AUX
cjal-3204	683	22	otherwise	otherwise	ADV
cjal-3204	683	23	be	be	AUX
cjal-3204	683	24	unavailable	unavailable	ADJ
cjal-3204	683	25	or	or	CCONJ
cjal-3204	683	26	available	available	ADJ
cjal-3204	683	27	only	only	ADV
cjal-3204	683	28	at	at	ADP
cjal-3204	683	29	a	a	DET
cjal-3204	683	30	higher	high	ADJ
cjal-3204	683	31	cost	cost	NOUN
cjal-3204	683	32	.	.	PUNCT
cjal-3204	684	1	there	there	PRON
cjal-3204	684	2	is	be	VERB
cjal-3204	684	3	probably	probably	ADV
cjal-3204	684	4	little	little	ADJ
cjal-3204	684	5	demand	demand	NOUN
cjal-3204	684	6	for	for	ADP
cjal-3204	684	7	such	such	ADJ
cjal-3204	684	8	transactions	transaction	NOUN
cjal-3204	684	9	in	in	ADP
cjal-3204	684	10	china	china	PROPN
cjal-3204	684	11	at	at	ADP
cjal-3204	684	12	present	present	ADJ
cjal-3204	684	13	,	,	PUNCT
cjal-3204	684	14	since	since	SCONJ
cjal-3204	684	15	most	most	ADJ
cjal-3204	684	16	mortgage	mortgage	NOUN
cjal-3204	684	17	loans	loan	NOUN
cjal-3204	684	18	are	be	AUX
cjal-3204	684	19	made	make	VERB
cjal-3204	684	20	by	by	ADP
cjal-3204	684	21	banks87	banks87	NOUN
cjal-3204	684	22	using	use	VERB
cjal-3204	684	23	their	their	PRON
cjal-3204	684	24	own	own	ADJ
cjal-3204	684	25	funds	fund	NOUN
cjal-3204	684	26	,	,	PUNCT
cjal-3204	684	27	and	and	CCONJ
cjal-3204	684	28	no	no	DET
cjal-3204	684	29	significant	significant	ADJ
cjal-3204	684	30	mortgage	mortgage	NOUN
cjal-3204	684	31	banking	banking	NOUN
cjal-3204	684	32	industry	industry	NOUN
cjal-3204	684	33	of	of	ADP
cjal-3204	684	34	the	the	DET
cjal-3204	684	35	sort	sort	NOUN
cjal-3204	684	36	active	active	ADJ
cjal-3204	684	37	in	in	ADP
cjal-3204	684	38	the	the	DET
cjal-3204	684	39	united	united	PROPN
cjal-3204	684	40	states	states	PROPN
cjal-3204	684	41	economy	economy	NOUN
cjal-3204	684	42	exists	exist	VERB
cjal-3204	684	43	yet	yet	ADV
cjal-3204	684	44	.	.	PUNCT
cjal-3204	685	1	however	however	ADV
cjal-3204	685	2	,	,	PUNCT
cjal-3204	685	3	as	as	ADP
cjal-3204	685	4	the	the	DET
cjal-3204	685	5	chinese	chinese	ADJ
cjal-3204	685	6	mortgage	mortgage	NOUN
cjal-3204	685	7	market	market	NOUN
cjal-3204	685	8	matures	mature	NOUN
cjal-3204	685	9	,	,	PUNCT
cjal-3204	685	10	it	it	PRON
cjal-3204	685	11	is	be	AUX
cjal-3204	685	12	likely	likely	ADJ
cjal-3204	685	13	that	that	SCONJ
cjal-3204	685	14	specialized	specialize	VERB
cjal-3204	685	15	,	,	PUNCT
cjal-3204	685	16	nonportfolio	nonportfolio	NOUN
cjal-3204	685	17	mortgage	mortgage	NOUN
cjal-3204	685	18	lenders	lender	NOUN
cjal-3204	685	19	will	will	AUX
cjal-3204	685	20	arise	arise	VERB
cjal-3204	685	21	.	.	PUNCT
cjal-3204	686	1	they	they	PRON
cjal-3204	686	2	will	will	AUX
cjal-3204	686	3	find	find	VERB
cjal-3204	686	4	it	it	PRON
cjal-3204	686	5	very	very	ADV
cjal-3204	686	6	useful	useful	ADJ
cjal-3204	686	7	to	to	PART
cjal-3204	686	8	be	be	AUX
cjal-3204	686	9	able	able	ADJ
cjal-3204	686	10	to	to	PART
cjal-3204	686	11	make	make	VERB
cjal-3204	686	12	use	use	NOUN
cjal-3204	686	13	of	of	ADP
cjal-3204	686	14	the	the	DET
cjal-3204	686	15	mortgages	mortgage	NOUN
cjal-3204	686	16	they	they	PRON
cjal-3204	686	17	hold	hold	VERB
cjal-3204	686	18	as	as	ADP
cjal-3204	686	19	security	security	NOUN
cjal-3204	686	20	for	for	ADP
cjal-3204	686	21	short	short	ADJ
cjal-3204	686	22	-	-	PUNCT
cjal-3204	686	23	term	term	NOUN
cjal-3204	686	24	borrowings	borrowing	NOUN
cjal-3204	686	25	.	.	PUNCT
cjal-3204	687	1	hence	hence	ADV
cjal-3204	687	2	,	,	PUNCT
cjal-3204	687	3	84	84	NUM
cjal-3204	687	4	.	.	PUNCT
cjal-3204	688	1	see	see	VERB
cjal-3204	688	2	dale	dale	PROPN
cjal-3204	688	3	a.	a.	PROPN
cjal-3204	688	4	whitman	whitman	PROPN
cjal-3204	688	5	,	,	PUNCT
cjal-3204	688	6	digital	digital	ADJ
cjal-3204	688	7	recording	recording	NOUN
cjal-3204	688	8	of	of	ADP
cjal-3204	688	9	real	real	ADJ
cjal-3204	688	10	estate	estate	NOUN
cjal-3204	688	11	documents	document	NOUN
cjal-3204	688	12	,	,	PUNCT
cjal-3204	688	13	32	32	NUM
cjal-3204	688	14	j.	j.	PROPN
cjal-3204	688	15	marshall	marshall	PROPN
cjal-3204	688	16	l.	l.	PROPN
cjal-3204	688	17	rev	rev	PROPN
cjal-3204	688	18	.	.	PROPN
cjal-3204	688	19	227	227	NUM
cjal-3204	688	20	(	(	PUNCT
cjal-3204	688	21	1999	1999	NUM
cjal-3204	688	22	)	)	PUNCT
cjal-3204	688	23	.	.	PUNCT
cjal-3204	689	1	current	current	ADJ
cjal-3204	689	2	information	information	NOUN
cjal-3204	689	3	on	on	ADP
cjal-3204	689	4	the	the	DET
cjal-3204	689	5	progress	progress	NOUN
cjal-3204	689	6	of	of	ADP
cjal-3204	689	7	u.s	u.s	PROPN
cjal-3204	689	8	.	.	PROPN
cjal-3204	689	9	local	local	ADJ
cjal-3204	689	10	recording	recording	NOUN
cjal-3204	689	11	offices	office	NOUN
cjal-3204	689	12	in	in	ADP
cjal-3204	689	13	establishing	establish	VERB
cjal-3204	689	14	on	on	ADP
cjal-3204	689	15	-	-	PUNCT
cjal-3204	689	16	line	line	NOUN
cjal-3204	689	17	electronic	electronic	ADJ
cjal-3204	689	18	searching	searching	NOUN
cjal-3204	689	19	systems	system	NOUN
cjal-3204	689	20	may	may	AUX
cjal-3204	689	21	be	be	AUX
cjal-3204	689	22	gained	gain	VERB
cjal-3204	689	23	by	by	ADP
cjal-3204	689	24	a	a	DET
cjal-3204	689	25	review	review	NOUN
cjal-3204	689	26	of	of	ADP
cjal-3204	689	27	the	the	DET
cjal-3204	689	28	interet	interet	NOUN
cjal-3204	689	29	site	site	NOUN
cjal-3204	689	30	maintained	maintain	VERB
cjal-3204	689	31	by	by	ADP
cjal-3204	689	32	the	the	DET
cjal-3204	689	33	property	property	NOUN
cjal-3204	689	34	records	record	NOUN
cjal-3204	689	35	industry	industry	NOUN
cjal-3204	689	36	joint	joint	ADJ
cjal-3204	689	37	task	task	NOUN
cjal-3204	689	38	force	force	NOUN
cjal-3204	689	39	<	<	X
cjal-3204	689	40	http://www.prijtf.org/taskforce	http://www.prijtf.org/taskforce	X
cjal-3204	689	41	>	>	X
cjal-3204	689	42	(	(	PUNCT
cjal-3204	689	43	last	last	ADV
cjal-3204	689	44	visited	visit	VERB
cjal-3204	689	45	nov.20	nov.20	PROPN
cjal-3204	689	46	,	,	PUNCT
cjal-3204	689	47	2001	2001	NUM
cjal-3204	689	48	)	)	PUNCT
cjal-3204	689	49	.	.	PUNCT
cjal-3204	690	1	85	85	NUM
cjal-3204	690	2	.	.	PUNCT
cjal-3204	691	1	a	a	DET
cjal-3204	691	2	mortgage	mortgage	NOUN
cjal-3204	691	3	banker	banker	NOUN
cjal-3204	691	4	,	,	PUNCT
cjal-3204	691	5	as	as	SCONJ
cjal-3204	691	6	the	the	DET
cjal-3204	691	7	term	term	NOUN
cjal-3204	691	8	is	be	AUX
cjal-3204	691	9	employed	employ	VERB
cjal-3204	691	10	in	in	ADP
cjal-3204	691	11	the	the	DET
cjal-3204	691	12	united	united	PROPN
cjal-3204	691	13	states	states	PROPN
cjal-3204	691	14	,	,	PUNCT
cjal-3204	691	15	is	be	AUX
cjal-3204	691	16	a	a	DET
cjal-3204	691	17	"	"	PUNCT
cjal-3204	691	18	non	non	ADJ
cjal-3204	691	19	-	-	ADJ
cjal-3204	691	20	portfolio	portfolio	ADJ
cjal-3204	691	21	"	"	PUNCT
cjal-3204	691	22	lender	lender	NOUN
cjal-3204	691	23	;	;	PUNCT
cjal-3204	691	24	that	that	PRON
cjal-3204	691	25	is	is	ADV
cjal-3204	691	26	,	,	PUNCT
cjal-3204	691	27	it	it	PRON
cjal-3204	691	28	does	do	AUX
cjal-3204	691	29	not	not	PART
cjal-3204	691	30	hold	hold	VERB
cjal-3204	691	31	substantial	substantial	ADJ
cjal-3204	691	32	deposits	deposit	NOUN
cjal-3204	691	33	or	or	CCONJ
cjal-3204	691	34	other	other	ADJ
cjal-3204	691	35	financial	financial	ADJ
cjal-3204	691	36	assets	asset	NOUN
cjal-3204	691	37	out	out	ADP
cjal-3204	691	38	of	of	ADP
cjal-3204	691	39	which	which	PRON
cjal-3204	691	40	it	it	PRON
cjal-3204	691	41	can	can	AUX
cjal-3204	691	42	make	make	VERB
cjal-3204	691	43	mortgage	mortgage	NOUN
cjal-3204	691	44	loans	loan	NOUN
cjal-3204	691	45	.	.	PUNCT
cjal-3204	692	1	instead	instead	ADV
cjal-3204	692	2	,	,	PUNCT
cjal-3204	692	3	it	it	PRON
cjal-3204	692	4	operates	operate	VERB
cjal-3204	692	5	by	by	ADP
cjal-3204	692	6	making	make	VERB
cjal-3204	692	7	loans	loan	NOUN
cjal-3204	692	8	,	,	PUNCT
cjal-3204	692	9	rather	rather	ADV
cjal-3204	692	10	quickly	quickly	ADV
cjal-3204	692	11	selling	sell	VERB
cjal-3204	692	12	or	or	CCONJ
cjal-3204	692	13	securitizing	securitize	VERB
cjal-3204	692	14	them	they	PRON
cjal-3204	692	15	on	on	ADP
cjal-3204	692	16	the	the	DET
cjal-3204	692	17	secondary	secondary	ADJ
cjal-3204	692	18	market	market	NOUN
cjal-3204	692	19	,	,	PUNCT
cjal-3204	692	20	and	and	CCONJ
cjal-3204	692	21	thereby	thereby	ADV
cjal-3204	692	22	recouping	recoup	VERB
cjal-3204	692	23	cash	cash	NOUN
cjal-3204	692	24	with	with	ADP
cjal-3204	692	25	which	which	PRON
cjal-3204	692	26	it	it	PRON
cjal-3204	692	27	can	can	AUX
cjal-3204	692	28	originate	originate	VERB
cjal-3204	692	29	more	more	ADJ
cjal-3204	692	30	loans	loan	NOUN
cjal-3204	692	31	.	.	PUNCT
cjal-3204	693	1	86	86	NUM
cjal-3204	693	2	.	.	PUNCT
cjal-3204	694	1	this	this	PRON
cjal-3204	694	2	is	be	AUX
cjal-3204	694	3	often	often	ADV
cjal-3204	694	4	termed	term	VERB
cjal-3204	694	5	a	a	DET
cjal-3204	694	6	"	"	PUNCT
cjal-3204	694	7	warehouse	warehouse	NOUN
cjal-3204	694	8	"	"	PUNCT
cjal-3204	694	9	line	line	NOUN
cjal-3204	694	10	of	of	ADP
cjal-3204	694	11	credit	credit	NOUN
cjal-3204	694	12	,	,	PUNCT
cjal-3204	694	13	since	since	SCONJ
cjal-3204	694	14	it	it	PRON
cjal-3204	694	15	provides	provide	VERB
cjal-3204	694	16	funds	fund	NOUN
cjal-3204	694	17	with	with	ADP
cjal-3204	694	18	which	which	PRON
cjal-3204	694	19	the	the	DET
cjal-3204	694	20	mortgage	mortgage	NOUN
cjal-3204	694	21	banker	banker	NOUN
cjal-3204	694	22	can	can	AUX
cjal-3204	694	23	make	make	VERB
cjal-3204	694	24	and	and	CCONJ
cjal-3204	694	25	accumulate	accumulate	VERB
cjal-3204	694	26	a	a	DET
cjal-3204	694	27	portfolio	portfolio	NOUN
cjal-3204	694	28	of	of	ADP
cjal-3204	694	29	loans	loan	NOUN
cjal-3204	694	30	.	.	PUNCT
cjal-3204	695	1	when	when	SCONJ
cjal-3204	695	2	the	the	DET
cjal-3204	695	3	loans	loan	NOUN
cjal-3204	695	4	are	be	AUX
cjal-3204	695	5	permanently	permanently	ADV
cjal-3204	695	6	sold	sell	VERB
cjal-3204	695	7	to	to	ADP
cjal-3204	695	8	other	other	ADJ
cjal-3204	695	9	investors	investor	NOUN
cjal-3204	695	10	on	on	ADP
cjal-3204	695	11	the	the	DET
cjal-3204	695	12	secondary	secondary	ADJ
cjal-3204	695	13	market	market	NOUN
cjal-3204	695	14	,	,	PUNCT
cjal-3204	695	15	the	the	DET
cjal-3204	695	16	notes	note	NOUN
cjal-3204	695	17	and	and	CCONJ
cjal-3204	695	18	mortgages	mortgage	NOUN
cjal-3204	695	19	will	will	AUX
cjal-3204	695	20	be	be	AUX
cjal-3204	695	21	retrieved	retrieve	VERB
cjal-3204	695	22	from	from	ADP
cjal-3204	695	23	the	the	DET
cjal-3204	695	24	commercial	commercial	ADJ
cjal-3204	695	25	bank	bank	NOUN
cjal-3204	695	26	,	,	PUNCT
cjal-3204	695	27	and	and	CCONJ
cjal-3204	695	28	the	the	DET
cjal-3204	695	29	line	line	NOUN
cjal-3204	695	30	of	of	ADP
cjal-3204	695	31	credit	credit	NOUN
cjal-3204	695	32	will	will	AUX
cjal-3204	695	33	be	be	AUX
cjal-3204	695	34	paid	pay	VERB
cjal-3204	695	35	down	down	ADP
cjal-3204	695	36	or	or	CCONJ
cjal-3204	695	37	paid	pay	VERB
cjal-3204	695	38	off	off	ADP
cjal-3204	695	39	with	with	ADP
cjal-3204	695	40	the	the	DET
cjal-3204	695	41	proceeds	proceed	NOUN
cjal-3204	695	42	of	of	ADP
cjal-3204	695	43	the	the	DET
cjal-3204	695	44	secondary	secondary	ADJ
cjal-3204	695	45	market	market	NOUN
cjal-3204	695	46	sale	sale	NOUN
cjal-3204	695	47	.	.	PUNCT
cjal-3204	696	1	see	see	VERB
cjal-3204	696	2	lamalfa	lamalfa	PROPN
cjal-3204	696	3	,	,	PUNCT
cjal-3204	696	4	the	the	DET
cjal-3204	696	5	inside	inside	ADJ
cjal-3204	696	6	line	line	NOUN
cjal-3204	696	7	on	on	ADP
cjal-3204	696	8	warehouse	warehouse	NOUN
cjal-3204	696	9	lending	lending	NOUN
cjal-3204	696	10	,	,	PUNCT
cjal-3204	696	11	mortgage	mortgage	NOUN
cjal-3204	696	12	banking	banking	NOUN
cjal-3204	696	13	,	,	PUNCT
cjal-3204	696	14	nov	nov	PROPN
cjal-3204	696	15	.	.	PROPN
cjal-3204	696	16	1990	1990	NUM
cjal-3204	696	17	,	,	PUNCT
cjal-3204	696	18	at	at	ADP
cjal-3204	696	19	51	51	NUM
cjal-3204	696	20	;	;	PUNCT
cjal-3204	696	21	krasnowiecki	krasnowiecki	PROPN
cjal-3204	696	22	,	,	PUNCT
cjal-3204	696	23	miller	miller	PROPN
cjal-3204	696	24	&	&	CCONJ
cjal-3204	696	25	ziff	ziff	PROPN
cjal-3204	696	26	,	,	PUNCT
cjal-3204	696	27	the	the	DET
cjal-3204	696	28	kennedy	kennedy	PROPN
cjal-3204	696	29	mortgage	mortgage	PROPN
cjal-3204	696	30	co.	co.	PROPN
cjal-3204	696	31	bankruptcy	bankruptcy	NOUN
cjal-3204	696	32	case	case	NOUN
cjal-3204	696	33	,	,	PUNCT
cjal-3204	696	34	56	56	NUM
cjal-3204	696	35	am	am	NOUN
cjal-3204	696	36	.	.	PUNCT
cjal-3204	697	1	bankr	bankr	VERB
cjal-3204	697	2	.	.	PUNCT
cjal-3204	698	1	l.	l.	PROPN
cjal-3204	698	2	j.	j.	PROPN
cjal-3204	698	3	325	325	NUM
cjal-3204	698	4	(	(	PUNCT
cjal-3204	698	5	1982	1982	NUM
cjal-3204	698	6	)	)	PUNCT
cjal-3204	698	7	.	.	PUNCT
cjal-3204	699	1	87	87	NUM
cjal-3204	699	2	.	.	PUNCT
cjal-3204	700	1	these	these	PRON
cjal-3204	700	2	include	include	VERB
cjal-3204	700	3	specialized	specialized	ADJ
cjal-3204	700	4	housing	housing	NOUN
cjal-3204	700	5	banks	bank	NOUN
cjal-3204	700	6	as	as	ADV
cjal-3204	700	7	well	well	ADV
cjal-3204	700	8	as	as	ADP
cjal-3204	700	9	general	general	ADJ
cjal-3204	700	10	commercial	commercial	ADJ
cjal-3204	700	11	banks	bank	NOUN
cjal-3204	700	12	,	,	PUNCT
cjal-3204	700	13	see	see	VERB
cjal-3204	700	14	nicholas	nicholas	PROPN
cjal-3204	700	15	r.	r.	PROPN
cjal-3204	700	16	lardy	lardy	PROPN
cjal-3204	700	17	,	,	PUNCT
cjal-3204	700	18	china	china	PROPN
cjal-3204	700	19	's	's	PART
cjal-3204	700	20	unfinished	unfinished	ADJ
cjal-3204	700	21	economic	economic	ADJ
cjal-3204	700	22	revolution	revolution	NOUN
cjal-3204	700	23	,	,	PUNCT
cjal-3204	700	24	68	68	NUM
cjal-3204	700	25	-	-	SYM
cjal-3204	700	26	69	69	NUM
cjal-3204	700	27	(	(	PUNCT
cjal-3204	700	28	1998	1998	NUM
cjal-3204	700	29	)	)	PUNCT
cjal-3204	700	30	.	.	PUNCT
cjal-3204	701	1	[	[	X
cjal-3204	701	2	15:1	15:1	NUM
cjal-3204	701	3	chnese	chnese	ADJ
cjal-3204	701	4	mortgage	mortgage	NOUN
cjal-3204	701	5	law	law	NOUN
cjal-3204	701	6	the	the	DET
cjal-3204	701	7	question	question	NOUN
cjal-3204	701	8	arises	arise	VERB
cjal-3204	701	9	as	as	ADP
cjal-3204	701	10	to	to	ADP
cjal-3204	701	11	whether	whether	SCONJ
cjal-3204	701	12	a	a	DET
cjal-3204	701	13	mortgage	mortgage	NOUN
cjal-3204	701	14	can	can	AUX
cjal-3204	701	15	be	be	AUX
cjal-3204	701	16	effectively	effectively	ADV
cjal-3204	701	17	pledged	pledge	VERB
cjal-3204	701	18	as	as	ADP
cjal-3204	701	19	security	security	NOUN
cjal-3204	701	20	for	for	ADP
cjal-3204	701	21	another	another	DET
cjal-3204	701	22	debt	debt	NOUN
cjal-3204	701	23	under	under	ADP
cjal-3204	701	24	chinese	chinese	ADJ
cjal-3204	701	25	law	law	NOUN
cjal-3204	701	26	.	.	PUNCT
cjal-3204	702	1	the	the	DET
cjal-3204	702	2	security	security	NOUN
cjal-3204	702	3	law	law	NOUN
cjal-3204	702	4	contains	contain	VERB
cjal-3204	702	5	two	two	NUM
cjal-3204	702	6	provisions	provision	NOUN
cjal-3204	702	7	on	on	ADP
cjal-3204	702	8	this	this	DET
cjal-3204	702	9	point	point	NOUN
cjal-3204	702	10	which	which	PRON
cjal-3204	702	11	seem	seem	VERB
cjal-3204	702	12	in	in	ADP
cjal-3204	702	13	practice	practice	NOUN
cjal-3204	702	14	mutually	mutually	ADV
cjal-3204	702	15	contradictory	contradictory	ADJ
cjal-3204	702	16	.	.	PUNCT
cjal-3204	703	1	article	article	NOUN
cjal-3204	703	2	75	75	NUM
cjal-3204	703	3	specifically	specifically	ADV
cjal-3204	703	4	permits	permit	VERB
cjal-3204	703	5	the	the	DET
cjal-3204	703	6	use	use	NOUN
cjal-3204	703	7	of	of	ADP
cjal-3204	703	8	a	a	DET
cjal-3204	703	9	promissory	promissory	NOUN
cjal-3204	703	10	note	note	NOUN
cjal-3204	703	11	as	as	ADP
cjal-3204	703	12	security	security	NOUN
cjal-3204	703	13	for	for	ADP
cjal-3204	703	14	a	a	DET
cjal-3204	703	15	debt	debt	NOUN
cjal-3204	703	16	.	.	PUNCT
cjal-3204	704	1	however	however	ADV
cjal-3204	704	2	,	,	PUNCT
cjal-3204	704	3	article	article	NOUN
cjal-3204	704	4	50	50	NUM
cjal-3204	704	5	provides	provide	VERB
cjal-3204	704	6	that	that	SCONJ
cjal-3204	704	7	a	a	DET
cjal-3204	704	8	mortgage	mortgage	NOUN
cjal-3204	704	9	can	can	AUX
cjal-3204	704	10	not	not	PART
cjal-3204	704	11	be	be	AUX
cjal-3204	704	12	"	"	PUNCT
cjal-3204	704	13	used	use	VERB
cjal-3204	704	14	to	to	PART
cjal-3204	704	15	secure	secure	VERB
cjal-3204	704	16	another	another	DET
cjal-3204	704	17	debt	debt	NOUN
cjal-3204	704	18	.	.	PUNCT
cjal-3204	704	19	"	"	PUNCT
cjal-3204	705	1	thus	thus	ADV
cjal-3204	705	2	,	,	PUNCT
cjal-3204	705	3	if	if	SCONJ
cjal-3204	705	4	a	a	DET
cjal-3204	705	5	mortgage	mortgage	NOUN
cjal-3204	705	6	were	be	AUX
cjal-3204	705	7	originated	originate	VERB
cjal-3204	705	8	by	by	ADP
cjal-3204	705	9	means	mean	NOUN
cjal-3204	705	10	of	of	ADP
cjal-3204	705	11	the	the	DET
cjal-3204	705	12	borrower	borrower	NOUN
cjal-3204	705	13	signing	sign	VERB
cjal-3204	705	14	both	both	CCONJ
cjal-3204	705	15	a	a	DET
cjal-3204	705	16	promissory	promissory	NOUN
cjal-3204	705	17	note	note	NOUN
cjal-3204	705	18	and	and	CCONJ
cjal-3204	705	19	a	a	DET
cjal-3204	705	20	mortgage	mortgage	NOUN
cjal-3204	705	21	,	,	PUNCT
cjal-3204	705	22	article	article	NOUN
cjal-3204	705	23	75	75	NUM
cjal-3204	705	24	would	would	AUX
cjal-3204	705	25	permit	permit	VERB
cjal-3204	705	26	use	use	NOUN
cjal-3204	705	27	of	of	ADP
cjal-3204	705	28	the	the	DET
cjal-3204	705	29	note	note	NOUN
cjal-3204	705	30	as	as	ADP
cjal-3204	705	31	collateral	collateral	NOUN
cjal-3204	705	32	for	for	ADP
cjal-3204	705	33	another	another	DET
cjal-3204	705	34	debt	debt	NOUN
cjal-3204	705	35	,	,	PUNCT
cjal-3204	705	36	but	but	CCONJ
cjal-3204	705	37	the	the	DET
cjal-3204	705	38	mortgage	mortgage	NOUN
cjal-3204	705	39	,	,	PUNCT
cjal-3204	705	40	which	which	PRON
cjal-3204	705	41	would	would	AUX
cjal-3204	705	42	be	be	AUX
cjal-3204	705	43	inseparable	inseparable	ADJ
cjal-3204	705	44	from	from	ADP
cjal-3204	705	45	the	the	DET
cjal-3204	705	46	note	note	NOUN
cjal-3204	705	47	,	,	PUNCT
cjal-3204	705	48	could	could	AUX
cjal-3204	705	49	not	not	PART
cjal-3204	705	50	be	be	AUX
cjal-3204	705	51	so	so	ADV
cjal-3204	705	52	used	used	ADJ
cjal-3204	705	53	under	under	ADP
cjal-3204	705	54	article	article	NOUN
cjal-3204	705	55	50	50	NUM
cjal-3204	705	56	.	.	PUNCT
cjal-3204	706	1	it	it	PRON
cjal-3204	706	2	is	be	AUX
cjal-3204	706	3	not	not	PART
cjal-3204	706	4	apparent	apparent	ADJ
cjal-3204	706	5	that	that	SCONJ
cjal-3204	706	6	article	article	NOUN
cjal-3204	706	7	50	50	NUM
cjal-3204	706	8	's	's	PART
cjal-3204	706	9	prohibition	prohibition	NOUN
cjal-3204	706	10	of	of	ADP
cjal-3204	706	11	the	the	DET
cjal-3204	706	12	use	use	NOUN
cjal-3204	706	13	of	of	ADP
cjal-3204	706	14	a	a	DET
cjal-3204	706	15	mortgage	mortgage	NOUN
cjal-3204	706	16	right	right	NOUN
cjal-3204	706	17	to	to	PART
cjal-3204	706	18	secure	secure	VERB
cjal-3204	706	19	another	another	DET
cjal-3204	706	20	debt	debt	NOUN
cjal-3204	706	21	has	have	VERB
cjal-3204	706	22	any	any	DET
cjal-3204	706	23	justification	justification	NOUN
cjal-3204	706	24	in	in	ADP
cjal-3204	706	25	terms	term	NOUN
cjal-3204	706	26	of	of	ADP
cjal-3204	706	27	good	good	ADJ
cjal-3204	706	28	policy	policy	NOUN
cjal-3204	706	29	.	.	PUNCT
cjal-3204	707	1	it	it	PRON
cjal-3204	707	2	may	may	AUX
cjal-3204	707	3	simply	simply	ADV
cjal-3204	707	4	reflect	reflect	VERB
cjal-3204	707	5	a	a	DET
cjal-3204	707	6	lingering	linger	VERB
cjal-3204	707	7	resistance	resistance	NOUN
cjal-3204	707	8	on	on	ADP
cjal-3204	707	9	the	the	DET
cjal-3204	707	10	part	part	NOUN
cjal-3204	707	11	of	of	ADP
cjal-3204	707	12	the	the	DET
cjal-3204	707	13	drafters	drafter	NOUN
cjal-3204	707	14	to	to	ADP
cjal-3204	707	15	the	the	DET
cjal-3204	707	16	complete	complete	ADJ
cjal-3204	707	17	commodification	commodification	NOUN
cjal-3204	707	18	of	of	ADP
cjal-3204	707	19	mortgages	mortgage	NOUN
cjal-3204	707	20	and	and	CCONJ
cjal-3204	707	21	other	other	ADJ
cjal-3204	707	22	land	land	NOUN
cjal-3204	707	23	rights	right	NOUN
cjal-3204	707	24	.	.	PUNCT
cjal-3204	708	1	yet	yet	CCONJ
cjal-3204	708	2	the	the	DET
cjal-3204	708	3	flexibility	flexibility	NOUN
cjal-3204	708	4	that	that	SCONJ
cjal-3204	708	5	commodification	commodification	NOUN
cjal-3204	708	6	makes	make	VERB
cjal-3204	708	7	possible	possible	ADJ
cjal-3204	708	8	is	be	AUX
cjal-3204	708	9	essential	essential	ADJ
cjal-3204	708	10	to	to	ADP
cjal-3204	708	11	the	the	DET
cjal-3204	708	12	development	development	NOUN
cjal-3204	708	13	of	of	ADP
cjal-3204	708	14	an	an	DET
cjal-3204	708	15	efficient	efficient	ADJ
cjal-3204	708	16	mortgage	mortgage	NOUN
cjal-3204	708	17	market	market	NOUN
cjal-3204	708	18	.	.	PUNCT
cjal-3204	709	1	the	the	DET
cjal-3204	709	2	prohibition	prohibition	NOUN
cjal-3204	709	3	in	in	ADP
cjal-3204	709	4	article	article	NOUN
cjal-3204	709	5	50	50	NUM
cjal-3204	709	6	should	should	AUX
cjal-3204	709	7	be	be	AUX
cjal-3204	709	8	removed	remove	VERB
cjal-3204	709	9	to	to	PART
cjal-3204	709	10	eliminate	eliminate	VERB
cjal-3204	709	11	the	the	DET
cjal-3204	709	12	inconsistency	inconsistency	NOUN
cjal-3204	709	13	and	and	CCONJ
cjal-3204	709	14	permit	permit	VERB
cjal-3204	709	15	collateral	collateral	ADJ
cjal-3204	709	16	pledges	pledge	NOUN
cjal-3204	709	17	of	of	ADP
cjal-3204	709	18	mortgages	mortgage	NOUN
cjal-3204	709	19	.	.	PUNCT
cjal-3204	710	1	some	some	DET
cjal-3204	710	2	thought	thought	NOUN
cjal-3204	710	3	must	must	AUX
cjal-3204	710	4	also	also	ADV
cjal-3204	710	5	be	be	AUX
cjal-3204	710	6	given	give	VERB
cjal-3204	710	7	to	to	ADP
cjal-3204	710	8	the	the	DET
cjal-3204	710	9	proper	proper	ADJ
cjal-3204	710	10	means	mean	NOUN
cjal-3204	710	11	of	of	ADP
cjal-3204	710	12	perfection	perfection	NOUN
cjal-3204	710	13	of	of	ADP
cjal-3204	710	14	such	such	ADJ
cjal-3204	710	15	pledges	pledge	NOUN
cjal-3204	710	16	,	,	PUNCT
cjal-3204	710	17	an	an	DET
cjal-3204	710	18	issue	issue	NOUN
cjal-3204	710	19	which	which	PRON
cjal-3204	710	20	seems	seem	VERB
cjal-3204	710	21	not	not	PART
cjal-3204	710	22	to	to	PART
cjal-3204	710	23	have	have	AUX
cjal-3204	710	24	been	be	AUX
cjal-3204	710	25	address	address	NOUN
cjal-3204	710	26	in	in	ADP
cjal-3204	710	27	chinese	chinese	ADJ
cjal-3204	710	28	law	law	NOUN
cjal-3204	710	29	at	at	ADP
cjal-3204	710	30	this	this	DET
cjal-3204	710	31	point	point	NOUN
cjal-3204	710	32	.	.	PUNCT
cjal-3204	711	1	given	give	VERB
cjal-3204	711	2	the	the	DET
cjal-3204	711	3	strong	strong	ADJ
cjal-3204	711	4	chinese	chinese	ADJ
cjal-3204	711	5	preference	preference	NOUN
cjal-3204	711	6	for	for	ADP
cjal-3204	711	7	regarding	regard	VERB
cjal-3204	711	8	the	the	DET
cjal-3204	711	9	mortgage	mortgage	NOUN
cjal-3204	711	10	right	right	NOUN
cjal-3204	711	11	as	as	ADP
cjal-3204	711	12	property	property	NOUN
cjal-3204	711	13	,	,	PUNCT
cjal-3204	711	14	and	and	CCONJ
cjal-3204	711	15	for	for	ADP
cjal-3204	711	16	requiring	require	VERB
cjal-3204	711	17	registration	registration	NOUN
cjal-3204	711	18	as	as	ADP
cjal-3204	711	19	a	a	DET
cjal-3204	711	20	condition	condition	NOUN
cjal-3204	711	21	to	to	ADP
cjal-3204	711	22	the	the	DET
cjal-3204	711	23	creation	creation	NOUN
cjal-3204	711	24	or	or	CCONJ
cjal-3204	711	25	transfer	transfer	NOUN
cjal-3204	711	26	of	of	ADP
cjal-3204	711	27	mortgage	mortgage	NOUN
cjal-3204	711	28	rights	right	NOUN
cjal-3204	711	29	,	,	PUNCT
cjal-3204	711	30	the	the	DET
cjal-3204	711	31	logical	logical	ADJ
cjal-3204	711	32	method	method	NOUN
cjal-3204	711	33	of	of	ADP
cjal-3204	711	34	perfection	perfection	NOUN
cjal-3204	711	35	of	of	ADP
cjal-3204	711	36	collateral	collateral	ADJ
cjal-3204	711	37	pledges	pledge	NOUN
cjal-3204	711	38	of	of	ADP
cjal-3204	711	39	mortgages	mortgage	NOUN
cjal-3204	711	40	would	would	AUX
cjal-3204	711	41	also	also	ADV
cjal-3204	711	42	be	be	AUX
cjal-3204	711	43	by	by	ADP
cjal-3204	711	44	registration	registration	NOUN
cjal-3204	711	45	.	.	PUNCT
cjal-3204	712	1	as	as	SCONJ
cjal-3204	712	2	indicated	indicate	VERB
cjal-3204	712	3	above	above	ADV
cjal-3204	712	4	,	,	PUNCT
cjal-3204	712	5	a	a	DET
cjal-3204	712	6	single	single	ADJ
cjal-3204	712	7	nationwide	nationwide	ADJ
cjal-3204	712	8	registry	registry	NOUN
cjal-3204	712	9	,	,	PUNCT
cjal-3204	712	10	accessible	accessible	ADJ
cjal-3204	712	11	on	on	ADP
cjal-3204	712	12	-	-	PUNCT
cjal-3204	712	13	line	line	NOUN
cjal-3204	712	14	,	,	PUNCT
cjal-3204	712	15	would	would	AUX
cjal-3204	712	16	be	be	AUX
cjal-3204	712	17	the	the	DET
cjal-3204	712	18	optimal	optimal	ADJ
cjal-3204	712	19	solution	solution	NOUN
cjal-3204	712	20	.	.	PUNCT
cjal-3204	713	1	both	both	PRON
cjal-3204	713	2	outright	outright	ADJ
cjal-3204	713	3	transfers	transfer	NOUN
cjal-3204	713	4	and	and	CCONJ
cjal-3204	713	5	collateral	collateral	ADJ
cjal-3204	713	6	pledges	pledge	NOUN
cjal-3204	713	7	of	of	ADP
cjal-3204	713	8	mortgages	mortgage	NOUN
cjal-3204	713	9	should	should	AUX
cjal-3204	713	10	be	be	AUX
cjal-3204	713	11	within	within	ADP
cjal-3204	713	12	the	the	DET
cjal-3204	713	13	scope	scope	NOUN
cjal-3204	713	14	of	of	ADP
cjal-3204	713	15	such	such	DET
cjal-3204	713	16	a	a	DET
cjal-3204	713	17	registry	registry	NOUN
cjal-3204	713	18	.	.	PUNCT
cjal-3204	714	1	the	the	DET
cjal-3204	714	2	cost	cost	NOUN
cjal-3204	714	3	of	of	ADP
cjal-3204	714	4	registration	registration	NOUN
cjal-3204	714	5	is	be	AUX
cjal-3204	714	6	an	an	DET
cjal-3204	714	7	important	important	ADJ
cjal-3204	714	8	matter	matter	NOUN
cjal-3204	714	9	,	,	PUNCT
cjal-3204	714	10	especially	especially	ADV
cjal-3204	714	11	in	in	ADP
cjal-3204	714	12	the	the	DET
cjal-3204	714	13	context	context	NOUN
cjal-3204	714	14	of	of	ADP
cjal-3204	714	15	short	short	ADJ
cjal-3204	714	16	-	-	PUNCT
cjal-3204	714	17	term	term	NOUN
cjal-3204	714	18	financings	financing	NOUN
cjal-3204	714	19	secured	secure	VERB
cjal-3204	714	20	by	by	ADP
cjal-3204	714	21	mortgages	mortgage	NOUN
cjal-3204	714	22	.	.	PUNCT
cjal-3204	715	1	one	one	NUM
cjal-3204	715	2	hears	hear	VERB
cjal-3204	715	3	persistent	persistent	ADJ
cjal-3204	715	4	stories	story	NOUN
cjal-3204	715	5	of	of	ADP
cjal-3204	715	6	individual	individual	ADJ
cjal-3204	715	7	local	local	ADJ
cjal-3204	715	8	registries	registry	NOUN
cjal-3204	715	9	imposing	impose	VERB
cjal-3204	715	10	outrageous	outrageous	ADJ
cjal-3204	715	11	fees	fee	NOUN
cjal-3204	715	12	on	on	ADP
cjal-3204	715	13	an	an	DET
cjal-3204	715	14	ad	ad	X
cjal-3204	715	15	hoc	hoc	X
cjal-3204	715	16	basis	basis	NOUN
cjal-3204	715	17	for	for	ADP
cjal-3204	715	18	registration	registration	NOUN
cjal-3204	715	19	of	of	ADP
cjal-3204	715	20	mortgages	mortgage	NOUN
cjal-3204	715	21	.	.	PUNCT
cjal-3204	716	1	8	8	NUM
cjal-3204	716	2	this	this	DET
cjal-3204	716	3	sort	sort	NOUN
cjal-3204	716	4	of	of	ADP
cjal-3204	716	5	unbridled	unbridled	ADJ
cjal-3204	716	6	discretion	discretion	NOUN
cjal-3204	716	7	is	be	AUX
cjal-3204	716	8	highly	highly	ADV
cjal-3204	716	9	undesirable	undesirable	ADJ
cjal-3204	716	10	for	for	ADP
cjal-3204	716	11	the	the	DET
cjal-3204	716	12	development	development	NOUN
cjal-3204	716	13	of	of	ADP
cjal-3204	716	14	an	an	DET
cjal-3204	716	15	efficient	efficient	ADJ
cjal-3204	716	16	mortgage	mortgage	NOUN
cjal-3204	716	17	market	market	NOUN
cjal-3204	716	18	,	,	PUNCT
cjal-3204	716	19	and	and	CCONJ
cjal-3204	716	20	especially	especially	ADV
cjal-3204	716	21	so	so	ADV
cjal-3204	716	22	in	in	ADP
cjal-3204	716	23	the	the	DET
cjal-3204	716	24	context	context	NOUN
cjal-3204	716	25	of	of	ADP
cjal-3204	716	26	the	the	DET
cjal-3204	716	27	registration	registration	NOUN
cjal-3204	716	28	of	of	ADP
cjal-3204	716	29	a	a	DET
cjal-3204	716	30	short	short	ADJ
cjal-3204	716	31	-	-	PUNCT
cjal-3204	716	32	term	term	NOUN
cjal-3204	716	33	financing	financing	NOUN
cjal-3204	716	34	arrangement	arrangement	NOUN
cjal-3204	716	35	.	.	PUNCT
cjal-3204	717	1	it	it	PRON
cjal-3204	717	2	is	be	AUX
cjal-3204	717	3	essential	essential	ADJ
cjal-3204	717	4	for	for	SCONJ
cjal-3204	717	5	chinese	chinese	ADJ
cjal-3204	717	6	officials	official	NOUN
cjal-3204	717	7	to	to	PART
cjal-3204	717	8	address	address	VERB
cjal-3204	717	9	the	the	DET
cjal-3204	717	10	issue	issue	NOUN
cjal-3204	717	11	of	of	ADP
cjal-3204	717	12	registration	registration	NOUN
cjal-3204	717	13	cost	cost	NOUN
cjal-3204	717	14	.	.	PUNCT
cjal-3204	718	1	iv	iv	X
cjal-3204	718	2	.	.	PUNCT
cjal-3204	718	3	foreclosure	foreclosure	NOUN
cjal-3204	718	4	of	of	ADP
cjal-3204	718	5	mortgages	mortgage	NOUN
cjal-3204	718	6	88	88	NUM
cjal-3204	718	7	.	.	PUNCT
cjal-3204	719	1	several	several	ADJ
cjal-3204	719	2	incidents	incident	NOUN
cjal-3204	719	3	of	of	ADP
cjal-3204	719	4	this	this	DET
cjal-3204	719	5	kind	kind	NOUN
cjal-3204	719	6	were	be	AUX
cjal-3204	719	7	reported	report	VERB
cjal-3204	719	8	at	at	ADP
cjal-3204	719	9	chinese	chinese	ADJ
cjal-3204	719	10	property	property	NOUN
cjal-3204	719	11	law	law	NOUN
cjal-3204	719	12	1	1	NUM
cjal-3204	719	13	&	&	CCONJ
cjal-3204	719	14	real	real	ADJ
cjal-3204	719	15	estate	estate	NOUN
cjal-3204	719	16	law	law	NOUN
cjal-3204	719	17	symposium	symposium	NOUN
cjal-3204	719	18	:	:	PUNCT
cjal-3204	719	19	the	the	DET
cjal-3204	719	20	implication	implication	NOUN
cjal-3204	719	21	of	of	ADP
cjal-3204	719	22	american	american	ADJ
cjal-3204	719	23	experiences	experience	NOUN
cjal-3204	719	24	for	for	ADP
cjal-3204	719	25	china	china	PROPN
cjal-3204	719	26	,	,	PUNCT
cjal-3204	719	27	held	hold	VERB
cjal-3204	719	28	at	at	ADP
cjal-3204	719	29	beijing	beijing	PROPN
cjal-3204	719	30	university	university	PROPN
cjal-3204	719	31	,	,	PUNCT
cjal-3204	719	32	june	june	PROPN
cjal-3204	719	33	16	16	NUM
cjal-3204	719	34	-	-	SYM
cjal-3204	719	35	17	17	NUM
cjal-3204	719	36	,	,	PUNCT
cjal-3204	719	37	2001	2001	NUM
cjal-3204	719	38	,	,	PUNCT
cjal-3204	719	39	and	and	CCONJ
cjal-3204	719	40	attended	attend	VERB
cjal-3204	719	41	by	by	ADP
cjal-3204	719	42	the	the	DET
cjal-3204	719	43	author	author	NOUN
cjal-3204	719	44	.	.	PUNCT
cjal-3204	720	1	2001	2001	NUM
cjal-3204	720	2	]	]	PUNCT
cjal-3204	720	3	columbia	columbia	PROPN
cjal-3204	720	4	journal	journal	PROPN
cjal-3204	720	5	of	of	ADP
cjal-3204	720	6	asian	asian	ADJ
cjal-3204	720	7	law	law	NOUN
cjal-3204	720	8	when	when	SCONJ
cjal-3204	720	9	an	an	DET
cjal-3204	720	10	obligation	obligation	NOUN
cjal-3204	720	11	secured	secure	VERB
cjal-3204	720	12	by	by	ADP
cjal-3204	720	13	an	an	DET
cjal-3204	720	14	interest	interest	NOUN
cjal-3204	720	15	in	in	ADP
cjal-3204	720	16	real	real	ADJ
cjal-3204	720	17	estate	estate	NOUN
cjal-3204	720	18	is	be	AUX
cjal-3204	720	19	not	not	PART
cjal-3204	720	20	performed	perform	VERB
cjal-3204	720	21	,	,	PUNCT
cjal-3204	720	22	the	the	DET
cjal-3204	720	23	secured	secure	VERB
cjal-3204	720	24	creditor	creditor	NOUN
cjal-3204	720	25	usually	usually	ADV
cjal-3204	720	26	seeks	seek	VERB
cjal-3204	720	27	to	to	PART
cjal-3204	720	28	realize	realize	VERB
cjal-3204	720	29	on	on	ADP
cjal-3204	720	30	the	the	DET
cjal-3204	720	31	real	real	ADJ
cjal-3204	720	32	estate	estate	NOUN
cjal-3204	720	33	collateral	collateral	NOUN
cjal-3204	720	34	to	to	PART
cjal-3204	720	35	pay	pay	VERB
cjal-3204	720	36	the	the	DET
cjal-3204	720	37	obligation	obligation	NOUN
cjal-3204	720	38	.	.	PUNCT
cjal-3204	721	1	this	this	DET
cjal-3204	721	2	process	process	NOUN
cjal-3204	721	3	combines	combine	VERB
cjal-3204	721	4	two	two	NUM
cjal-3204	721	5	distinct	distinct	ADJ
cjal-3204	721	6	functions	function	NOUN
cjal-3204	721	7	:	:	PUNCT
cjal-3204	721	8	(	(	PUNCT
cjal-3204	721	9	1	1	X
cjal-3204	721	10	)	)	PUNCT
cjal-3204	721	11	determining	determine	VERB
cjal-3204	721	12	the	the	DET
cjal-3204	721	13	value	value	NOUN
cjal-3204	721	14	of	of	ADP
cjal-3204	721	15	the	the	DET
cjal-3204	721	16	collateral	collateral	NOUN
cjal-3204	721	17	,	,	PUNCT
cjal-3204	721	18	and	and	CCONJ
cjal-3204	721	19	(	(	PUNCT
cjal-3204	721	20	2	2	X
cjal-3204	721	21	)	)	PUNCT
cjal-3204	721	22	marketing	marketing	NOUN
cjal-3204	721	23	and	and	CCONJ
cjal-3204	721	24	transferring	transfer	VERB
cjal-3204	721	25	the	the	DET
cjal-3204	721	26	collateral	collateral	NOUN
cjal-3204	721	27	to	to	ADP
cjal-3204	721	28	a	a	DET
cjal-3204	721	29	new	new	ADJ
cjal-3204	721	30	owner	owner	NOUN
cjal-3204	721	31	.	.	PUNCT
cjal-3204	722	1	the	the	DET
cjal-3204	722	2	determination	determination	NOUN
cjal-3204	722	3	of	of	ADP
cjal-3204	722	4	value	value	NOUN
cjal-3204	722	5	is	be	AUX
cjal-3204	722	6	necessary	necessary	ADJ
cjal-3204	722	7	because	because	SCONJ
cjal-3204	722	8	value	value	NOUN
cjal-3204	722	9	establishes	establish	VERB
cjal-3204	722	10	whether	whether	SCONJ
cjal-3204	722	11	the	the	DET
cjal-3204	722	12	secured	secure	VERB
cjal-3204	722	13	creditor	creditor	NOUN
cjal-3204	722	14	is	be	AUX
cjal-3204	722	15	entitled	entitle	VERB
cjal-3204	722	16	to	to	ADP
cjal-3204	722	17	a	a	DET
cjal-3204	722	18	deficiency	deficiency	NOUN
cjal-3204	722	19	judgment	judgment	NOUN
cjal-3204	722	20	,	,	PUNCT
cjal-3204	722	21	to	to	PART
cjal-3204	722	22	be	be	AUX
cjal-3204	722	23	collected	collect	VERB
cjal-3204	722	24	out	out	ADP
cjal-3204	722	25	of	of	ADP
cjal-3204	722	26	the	the	DET
cjal-3204	722	27	debtor	debtor	NOUN
cjal-3204	722	28	's	's	PART
cjal-3204	722	29	other	other	ADJ
cjal-3204	722	30	assets	asset	NOUN
cjal-3204	722	31	,	,	PUNCT
cjal-3204	722	32	or	or	CCONJ
cjal-3204	722	33	whether	whether	SCONJ
cjal-3204	722	34	the	the	DET
cjal-3204	722	35	debtor	debtor	NOUN
cjal-3204	722	36	is	be	AUX
cjal-3204	722	37	entitled	entitle	VERB
cjal-3204	722	38	to	to	ADP
cjal-3204	722	39	a	a	DET
cjal-3204	722	40	surplus	surplus	NOUN
cjal-3204	722	41	,	,	PUNCT
cjal-3204	722	42	a	a	DET
cjal-3204	722	43	return	return	NOUN
cjal-3204	722	44	of	of	ADP
cjal-3204	722	45	the	the	DET
cjal-3204	722	46	part	part	NOUN
cjal-3204	722	47	of	of	ADP
cjal-3204	722	48	the	the	DET
cjal-3204	722	49	real	real	ADJ
cjal-3204	722	50	estate	estate	NOUN
cjal-3204	722	51	's	's	PART
cjal-3204	722	52	value	value	NOUN
cjal-3204	722	53	that	that	PRON
cjal-3204	722	54	exceeds	exceed	VERB
cjal-3204	722	55	the	the	DET
cjal-3204	722	56	amount	amount	NOUN
cjal-3204	722	57	owing	owe	VERB
cjal-3204	722	58	on	on	ADP
cjal-3204	722	59	the	the	DET
cjal-3204	722	60	secured	secure	VERB
cjal-3204	722	61	debt	debt	NOUN
cjal-3204	722	62	.	.	PUNCT
cjal-3204	723	1	marketing	marketing	NOUN
cjal-3204	723	2	is	be	AUX
cjal-3204	723	3	necessary	necessary	ADJ
cjal-3204	723	4	because	because	SCONJ
cjal-3204	723	5	the	the	DET
cjal-3204	723	6	mortgagee	mortgagee	NOUN
cjal-3204	723	7	ordinarily	ordinarily	ADV
cjal-3204	723	8	is	be	AUX
cjal-3204	723	9	not	not	PART
cjal-3204	723	10	in	in	ADP
cjal-3204	723	11	the	the	DET
cjal-3204	723	12	business	business	NOUN
cjal-3204	723	13	of	of	ADP
cjal-3204	723	14	real	real	ADJ
cjal-3204	723	15	estate	estate	NOUN
cjal-3204	723	16	ownership	ownership	NOUN
cjal-3204	723	17	,	,	PUNCT
cjal-3204	723	18	and	and	CCONJ
cjal-3204	723	19	therefore	therefore	ADV
cjal-3204	723	20	needs	need	VERB
cjal-3204	723	21	to	to	PART
cjal-3204	723	22	liquidate	liquidate	VERB
cjal-3204	723	23	the	the	DET
cjal-3204	723	24	asset	asset	NOUN
cjal-3204	723	25	.	.	PUNCT
cjal-3204	724	1	the	the	DET
cjal-3204	724	2	efficacy	efficacy	NOUN
cjal-3204	724	3	of	of	ADP
cjal-3204	724	4	auctions	auction	NOUN
cjal-3204	724	5	.	.	PUNCT
cjal-3204	725	1	in	in	ADP
cjal-3204	725	2	most	most	ADJ
cjal-3204	725	3	american	american	ADJ
cjal-3204	725	4	states	state	NOUN
cjal-3204	725	5	,	,	PUNCT
cjal-3204	725	6	foreclosure	foreclosure	NOUN
cjal-3204	725	7	is	be	AUX
cjal-3204	725	8	routinely	routinely	ADV
cjal-3204	725	9	conducted	conduct	VERB
cjal-3204	725	10	by	by	ADP
cjal-3204	725	11	means	mean	NOUN
cjal-3204	725	12	of	of	ADP
cjal-3204	725	13	an	an	DET
cjal-3204	725	14	auction.89	auction.89	NOUN
cjal-3204	725	15	the	the	DET
cjal-3204	725	16	auction	auction	NOUN
cjal-3204	725	17	combines	combine	VERB
cjal-3204	725	18	the	the	DET
cjal-3204	725	19	two	two	NUM
cjal-3204	725	20	functions	function	NOUN
cjal-3204	725	21	above	above	ADV
cjal-3204	725	22	:	:	PUNCT
cjal-3204	725	23	it	it	PRON
cjal-3204	725	24	determines	determine	VERB
cjal-3204	725	25	the	the	DET
cjal-3204	725	26	land	land	NOUN
cjal-3204	725	27	's	's	PART
cjal-3204	725	28	value	value	NOUN
cjal-3204	725	29	,	,	PUNCT
cjal-3204	725	30	and	and	CCONJ
cjal-3204	725	31	transfers	transfer	VERB
cjal-3204	725	32	it	it	PRON
cjal-3204	725	33	to	to	ADP
cjal-3204	725	34	a	a	DET
cjal-3204	725	35	new	new	ADJ
cjal-3204	725	36	owner	owner	NOUN
cjal-3204	725	37	at	at	ADP
cjal-3204	725	38	the	the	DET
cjal-3204	725	39	same	same	ADJ
cjal-3204	725	40	time	time	NOUN
cjal-3204	725	41	.	.	PUNCT
cjal-3204	726	1	unfortunately	unfortunately	ADV
cjal-3204	726	2	,	,	PUNCT
cjal-3204	726	3	it	it	PRON
cjal-3204	726	4	often	often	ADV
cjal-3204	726	5	does	do	VERB
cjal-3204	726	6	these	these	DET
cjal-3204	726	7	tasks	task	NOUN
cjal-3204	726	8	poorly	poorly	ADV
cjal-3204	726	9	.	.	PUNCT
cjal-3204	727	1	a	a	DET
cjal-3204	727	2	great	great	ADJ
cjal-3204	727	3	deal	deal	NOUN
cjal-3204	727	4	of	of	ADP
cjal-3204	727	5	theoretical	theoretical	ADJ
cjal-3204	727	6	and	and	CCONJ
cjal-3204	727	7	empirical	empirical	ADJ
cjal-3204	727	8	work	work	NOUN
cjal-3204	727	9	has	have	AUX
cjal-3204	727	10	been	be	AUX
cjal-3204	727	11	done	do	VERB
cjal-3204	727	12	on	on	ADP
cjal-3204	727	13	auctions	auction	NOUN
cjal-3204	727	14	,	,	PUNCT
cjal-3204	727	15	including	include	VERB
cjal-3204	727	16	auctions	auction	NOUN
cjal-3204	727	17	of	of	ADP
cjal-3204	727	18	real	real	ADJ
cjal-3204	727	19	property	property	NOUN
cjal-3204	727	20	.	.	PUNCT
cjal-3204	728	1	one	one	NUM
cjal-3204	728	2	of	of	ADP
cjal-3204	728	3	the	the	DET
cjal-3204	728	4	core	core	ADJ
cjal-3204	728	5	questions	question	NOUN
cjal-3204	728	6	this	this	DET
cjal-3204	728	7	work	work	NOUN
cjal-3204	728	8	addresses	address	NOUN
cjal-3204	728	9	is	be	AUX
cjal-3204	728	10	whether	whether	SCONJ
cjal-3204	728	11	the	the	DET
cjal-3204	728	12	price	price	NOUN
cjal-3204	728	13	produced	produce	VERB
cjal-3204	728	14	at	at	ADP
cjal-3204	728	15	by	by	ADP
cjal-3204	728	16	an	an	DET
cjal-3204	728	17	auction	auction	NOUN
cjal-3204	728	18	sale	sale	NOUN
cjal-3204	728	19	is	be	AUX
cjal-3204	728	20	likely	likely	ADJ
cjal-3204	728	21	to	to	PART
cjal-3204	728	22	be	be	AUX
cjal-3204	728	23	equivalent	equivalent	ADJ
cjal-3204	728	24	to	to	ADP
cjal-3204	728	25	,	,	PUNCT
cjal-3204	728	26	higher	high	ADJ
cjal-3204	728	27	than	than	ADP
cjal-3204	728	28	,	,	PUNCT
cjal-3204	728	29	or	or	CCONJ
cjal-3204	728	30	lower	low	ADJ
cjal-3204	728	31	than	than	ADP
cjal-3204	728	32	the	the	DET
cjal-3204	728	33	price	price	NOUN
cjal-3204	728	34	that	that	PRON
cjal-3204	728	35	the	the	DET
cjal-3204	728	36	same	same	ADJ
cjal-3204	728	37	property	property	NOUN
cjal-3204	728	38	would	would	AUX
cjal-3204	728	39	bring	bring	VERB
cjal-3204	728	40	in	in	ADP
cjal-3204	728	41	a	a	DET
cjal-3204	728	42	negotiated	negotiate	VERB
cjal-3204	728	43	sale	sale	NOUN
cjal-3204	728	44	.	.	PUNCT
cjal-3204	729	1	the	the	DET
cjal-3204	729	2	question	question	NOUN
cjal-3204	729	3	is	be	AUX
cjal-3204	729	4	highly	highly	ADV
cjal-3204	729	5	relevant	relevant	ADJ
cjal-3204	729	6	to	to	ADP
cjal-3204	729	7	the	the	DET
cjal-3204	729	8	development	development	NOUN
cjal-3204	729	9	of	of	ADP
cjal-3204	729	10	chinese	chinese	ADJ
cjal-3204	729	11	foreclosure	foreclosure	NOUN
cjal-3204	729	12	law	law	NOUN
cjal-3204	729	13	;	;	PUNCT
cjal-3204	729	14	if	if	SCONJ
cjal-3204	729	15	auctions	auction	NOUN
cjal-3204	729	16	usually	usually	ADV
cjal-3204	729	17	bring	bring	VERB
cjal-3204	729	18	equivalent	equivalent	ADJ
cjal-3204	729	19	or	or	CCONJ
cjal-3204	729	20	higher	high	ADJ
cjal-3204	729	21	prices	price	NOUN
cjal-3204	729	22	than	than	ADP
cjal-3204	729	23	negotiated	negotiate	VERB
cjal-3204	729	24	sales	sale	NOUN
cjal-3204	729	25	,	,	PUNCT
cjal-3204	729	26	they	they	PRON
cjal-3204	729	27	should	should	AUX
cjal-3204	729	28	be	be	AUX
cjal-3204	729	29	a	a	DET
cjal-3204	729	30	favored	favor	VERB
cjal-3204	729	31	,	,	PUNCT
cjal-3204	729	32	or	or	CCONJ
cjal-3204	729	33	perhaps	perhaps	ADV
cjal-3204	729	34	the	the	DET
cjal-3204	729	35	only	only	ADJ
cjal-3204	729	36	,	,	PUNCT
cjal-3204	729	37	foreclosure	foreclosure	NOUN
cjal-3204	729	38	mechanism	mechanism	NOUN
cjal-3204	729	39	.	.	PUNCT
cjal-3204	730	1	on	on	ADP
cjal-3204	730	2	the	the	DET
cjal-3204	730	3	other	other	ADJ
cjal-3204	730	4	hand	hand	NOUN
cjal-3204	730	5	,	,	PUNCT
cjal-3204	730	6	if	if	SCONJ
cjal-3204	730	7	auctions	auction	NOUN
cjal-3204	730	8	tend	tend	VERB
cjal-3204	730	9	to	to	PART
cjal-3204	730	10	bring	bring	VERB
cjal-3204	730	11	prices	price	NOUN
cjal-3204	730	12	that	that	PRON
cjal-3204	730	13	are	be	AUX
cjal-3204	730	14	systematically	systematically	ADV
cjal-3204	730	15	lower	low	ADJ
cjal-3204	730	16	than	than	ADP
cjal-3204	730	17	negotiated	negotiate	VERB
cjal-3204	730	18	sales	sale	NOUN
cjal-3204	730	19	,	,	PUNCT
cjal-3204	730	20	they	they	PRON
cjal-3204	730	21	should	should	AUX
cjal-3204	730	22	be	be	AUX
cjal-3204	730	23	disfavored	disfavor	VERB
cjal-3204	730	24	,	,	PUNCT
cjal-3204	730	25	and	and	CCONJ
cjal-3204	730	26	other	other	ADJ
cjal-3204	730	27	marketing	marketing	NOUN
cjal-3204	730	28	mechanisms	mechanism	NOUN
cjal-3204	730	29	should	should	AUX
cjal-3204	730	30	be	be	AUX
cjal-3204	730	31	employed	employ	VERB
cjal-3204	730	32	in	in	ADP
cjal-3204	730	33	foreclosure	foreclosure	NOUN
cjal-3204	730	34	.	.	PUNCT
cjal-3204	731	1	there	there	PRON
cjal-3204	731	2	seem	seem	VERB
cjal-3204	731	3	to	to	PART
cjal-3204	731	4	be	be	AUX
cjal-3204	731	5	no	no	DET
cjal-3204	731	6	empirical	empirical	ADJ
cjal-3204	731	7	data	datum	NOUN
cjal-3204	731	8	on	on	ADP
cjal-3204	731	9	real	real	ADJ
cjal-3204	731	10	estate	estate	NOUN
cjal-3204	731	11	auctions	auction	NOUN
cjal-3204	731	12	in	in	ADP
cjal-3204	731	13	china	china	PROPN
cjal-3204	731	14	,	,	PUNCT
cjal-3204	731	15	perhaps	perhaps	ADV
cjal-3204	731	16	because	because	SCONJ
cjal-3204	731	17	private	private	ADJ
cjal-3204	731	18	real	real	ADJ
cjal-3204	731	19	estate	estate	NOUN
cjal-3204	731	20	sales	sale	NOUN
cjal-3204	731	21	have	have	AUX
cjal-3204	731	22	occurred	occur	VERB
cjal-3204	731	23	there	there	ADV
cjal-3204	731	24	for	for	ADP
cjal-3204	731	25	a	a	DET
cjal-3204	731	26	relatively	relatively	ADV
cjal-3204	731	27	short	short	ADJ
cjal-3204	731	28	time	time	NOUN
cjal-3204	731	29	.	.	PUNCT
cjal-3204	732	1	studies	study	NOUN
cjal-3204	732	2	of	of	ADP
cjal-3204	732	3	the	the	DET
cjal-3204	732	4	efficacy	efficacy	NOUN
cjal-3204	732	5	of	of	ADP
cjal-3204	732	6	real	real	ADJ
cjal-3204	732	7	estate	estate	NOUN
cjal-3204	732	8	auctions	auction	NOUN
cjal-3204	732	9	in	in	ADP
cjal-3204	732	10	other	other	ADJ
cjal-3204	732	11	countries	country	NOUN
cjal-3204	732	12	may	may	AUX
cjal-3204	732	13	,	,	PUNCT
cjal-3204	732	14	however	however	ADV
cjal-3204	732	15	,	,	PUNCT
cjal-3204	732	16	be	be	AUX
cjal-3204	732	17	illuminating	illuminate	VERB
cjal-3204	732	18	.	.	PUNCT
cjal-3204	733	1	there	there	PRON
cjal-3204	733	2	are	be	VERB
cjal-3204	733	3	,	,	PUNCT
cjal-3204	733	4	of	of	ADP
cjal-3204	733	5	course	course	NOUN
cjal-3204	733	6	,	,	PUNCT
cjal-3204	733	7	many	many	ADJ
cjal-3204	733	8	ways	way	NOUN
cjal-3204	733	9	of	of	ADP
cjal-3204	733	10	arranging	arrange	VERB
cjal-3204	733	11	auction	auction	NOUN
cjal-3204	733	12	sales.90	sales.90	ADV
cjal-3204	733	13	however	however	ADV
cjal-3204	733	14	,	,	PUNCT
cjal-3204	733	15	the	the	DET
cjal-3204	733	16	sort	sort	NOUN
cjal-3204	733	17	of	of	ADP
cjal-3204	733	18	auction	auction	NOUN
cjal-3204	733	19	i	i	PRON
cjal-3204	733	20	address	address	VERB
cjal-3204	733	21	here	here	ADV
cjal-3204	733	22	,	,	PUNCT
cjal-3204	733	23	and	and	CCONJ
cjal-3204	733	24	the	the	DET
cjal-3204	733	25	sort	sort	NOUN
cjal-3204	733	26	nearly	nearly	ADV
cjal-3204	733	27	always	always	ADV
cjal-3204	733	28	employed	employ	VERB
cjal-3204	733	29	for	for	ADP
cjal-3204	733	30	foreclosure	foreclosure	NOUN
cjal-3204	733	31	sales	sale	NOUN
cjal-3204	733	32	in	in	ADP
cjal-3204	733	33	the	the	DET
cjal-3204	733	34	united	united	PROPN
cjal-3204	733	35	states	states	PROPN
cjal-3204	733	36	,	,	PUNCT
cjal-3204	733	37	is	be	AUX
cjal-3204	733	38	often	often	ADV
cjal-3204	733	39	termed	term	VERB
cjal-3204	733	40	the	the	DET
cjal-3204	733	41	89	89	NUM
cjal-3204	733	42	.	.	PUNCT
cjal-3204	734	1	robert	robert	PROPN
cjal-3204	734	2	m.	m.	PROPN
cjal-3204	734	3	washburn	washburn	PROPN
cjal-3204	734	4	,	,	PUNCT
cjal-3204	734	5	the	the	DET
cjal-3204	734	6	judicial	judicial	ADJ
cjal-3204	734	7	and	and	CCONJ
cjal-3204	734	8	legislative	legislative	ADJ
cjal-3204	734	9	response	response	NOUN
cjal-3204	734	10	to	to	PART
cjal-3204	734	11	price	price	NOUN
cjal-3204	734	12	inadequacy	inadequacy	NOUN
cjal-3204	734	13	in	in	ADP
cjal-3204	734	14	mortgage	mortgage	NOUN
cjal-3204	734	15	foreclosure	foreclosure	NOUN
cjal-3204	734	16	sales	sale	NOUN
cjal-3204	734	17	,	,	PUNCT
cjal-3204	734	18	53	53	NUM
cjal-3204	734	19	s.	s.	PROPN
cjal-3204	734	20	cal	cal	PROPN
cjal-3204	734	21	.	.	PUNCT
cjal-3204	735	1	l.	l.	PROPN
cjal-3204	735	2	rev	rev	PROPN
cjal-3204	735	3	.	.	PROPN
cjal-3204	735	4	843	843	NUM
cjal-3204	735	5	,	,	PUNCT
cjal-3204	735	6	846	846	NUM
cjal-3204	735	7	(	(	PUNCT
cjal-3204	735	8	1980	1980	NUM
cjal-3204	735	9	)	)	PUNCT
cjal-3204	735	10	;	;	PUNCT
cjal-3204	735	11	nelson	nelson	PROPN
cjal-3204	735	12	&	&	CCONJ
cjal-3204	735	13	whitman	whitman	PROPN
cjal-3204	735	14	,	,	PUNCT
cjal-3204	735	15	supra	supra	PROPN
cjal-3204	735	16	note	note	NOUN
cjal-3204	735	17	2	2	NUM
cjal-3204	735	18	,	,	PUNCT
cjal-3204	735	19	at	at	ADP
cjal-3204	735	20	§	§	PROPN
cjal-3204	735	21	7.19	7.19	NUM
cjal-3204	735	22	.	.	PUNCT
cjal-3204	736	1	90	90	NUM
cjal-3204	736	2	.	.	PUNCT
cjal-3204	737	1	for	for	ADP
cjal-3204	737	2	example	example	NOUN
cjal-3204	737	3	,	,	PUNCT
cjal-3204	737	4	bids	bid	NOUN
cjal-3204	737	5	may	may	AUX
cjal-3204	737	6	be	be	AUX
cjal-3204	737	7	submitted	submit	VERB
cjal-3204	737	8	only	only	ADV
cjal-3204	737	9	in	in	ADP
cjal-3204	737	10	writing	writing	NOUN
cjal-3204	737	11	,	,	PUNCT
cjal-3204	737	12	each	each	DET
cjal-3204	737	13	bidder	bidder	NOUN
cjal-3204	737	14	may	may	AUX
cjal-3204	737	15	be	be	AUX
cjal-3204	737	16	limited	limit	VERB
cjal-3204	737	17	to	to	ADP
cjal-3204	737	18	a	a	DET
cjal-3204	737	19	single	single	ADJ
cjal-3204	737	20	bid	bid	NOUN
cjal-3204	737	21	,	,	PUNCT
cjal-3204	737	22	and	and	CCONJ
cjal-3204	737	23	so	so	ADV
cjal-3204	737	24	on	on	ADV
cjal-3204	737	25	.	.	PUNCT
cjal-3204	738	1	[	[	X
cjal-3204	738	2	15:1	15:1	NUM
cjal-3204	738	3	chinese	chinese	ADJ
cjal-3204	738	4	mortgage	mortgage	NOUN
cjal-3204	738	5	law	law	NOUN
cjal-3204	738	6	"	"	PUNCT
cjal-3204	738	7	english	english	ADJ
cjal-3204	738	8	auction	auction	NOUN
cjal-3204	738	9	.	.	PUNCT
cjal-3204	738	10	"	"	PUNCT
cjal-3204	738	11	91	91	NUM
cjal-3204	738	12	in	in	ADP
cjal-3204	738	13	an	an	DET
cjal-3204	738	14	english	english	ADJ
cjal-3204	738	15	auction	auction	NOUN
cjal-3204	738	16	,	,	PUNCT
cjal-3204	738	17	bidders	bidder	NOUN
cjal-3204	738	18	physically	physically	ADV
cjal-3204	738	19	congregate	congregate	VERB
cjal-3204	738	20	in	in	ADP
cjal-3204	738	21	a	a	DET
cjal-3204	738	22	single	single	ADJ
cjal-3204	738	23	location	location	NOUN
cjal-3204	738	24	.	.	PUNCT
cjal-3204	739	1	they	they	PRON
cjal-3204	739	2	call	call	VERB
cjal-3204	739	3	their	their	PRON
cjal-3204	739	4	bids	bid	NOUN
cjal-3204	739	5	orally	orally	ADV
cjal-3204	739	6	,	,	PUNCT
cjal-3204	739	7	so	so	SCONJ
cjal-3204	739	8	that	that	SCONJ
cjal-3204	739	9	each	each	DET
cjal-3204	739	10	bidder	bidder	NOUN
cjal-3204	739	11	is	be	AUX
cjal-3204	739	12	immediately	immediately	ADV
cjal-3204	739	13	aware	aware	ADJ
cjal-3204	739	14	of	of	ADP
cjal-3204	739	15	the	the	DET
cjal-3204	739	16	bids	bid	NOUN
cjal-3204	739	17	of	of	ADP
cjal-3204	739	18	others	other	NOUN
cjal-3204	739	19	.	.	PUNCT
cjal-3204	740	1	bids	bid	NOUN
cjal-3204	740	2	move	move	VERB
cjal-3204	740	3	progressively	progressively	ADV
cjal-3204	740	4	upward	upward	ADV
cjal-3204	740	5	.	.	PUNCT
cjal-3204	741	1	an	an	DET
cjal-3204	741	2	individual	individual	NOUN
cjal-3204	741	3	may	may	AUX
cjal-3204	741	4	bid	bid	VERB
cjal-3204	741	5	multiple	multiple	ADJ
cjal-3204	741	6	times	time	NOUN
cjal-3204	741	7	,	,	PUNCT
cjal-3204	741	8	and	and	CCONJ
cjal-3204	741	9	the	the	DET
cjal-3204	741	10	sale	sale	NOUN
cjal-3204	741	11	is	be	AUX
cjal-3204	741	12	awarded	award	VERB
cjal-3204	741	13	to	to	ADP
cjal-3204	741	14	the	the	DET
cjal-3204	741	15	highest	high	ADJ
cjal-3204	741	16	bidder	bidder	NOUN
cjal-3204	741	17	.	.	PUNCT
cjal-3204	742	1	the	the	DET
cjal-3204	742	2	selling	selling	NOUN
cjal-3204	742	3	price	price	NOUN
cjal-3204	742	4	in	in	ADP
cjal-3204	742	5	an	an	DET
cjal-3204	742	6	english	english	ADJ
cjal-3204	742	7	auction	auction	NOUN
cjal-3204	742	8	is	be	AUX
cjal-3204	742	9	determined	determine	VERB
cjal-3204	742	10	by	by	ADP
cjal-3204	742	11	the	the	DET
cjal-3204	742	12	opinion	opinion	NOUN
cjal-3204	742	13	of	of	ADP
cjal-3204	742	14	value	value	NOUN
cjal-3204	742	15	of	of	ADP
cjal-3204	742	16	the	the	DET
cjal-3204	742	17	second	second	ADV
cjal-3204	742	18	-	-	PUNCT
cjal-3204	742	19	highest	high	ADJ
cjal-3204	742	20	bidder	bidder	NOUN
cjal-3204	742	21	the	the	DET
cjal-3204	742	22	runner	runner	NOUN
cjal-3204	742	23	-	-	PUNCT
cjal-3204	742	24	up	up	NOUN
cjal-3204	742	25	.	.	PUNCT
cjal-3204	743	1	this	this	PRON
cjal-3204	743	2	follows	follow	VERB
cjal-3204	743	3	from	from	ADP
cjal-3204	743	4	the	the	DET
cjal-3204	743	5	fact	fact	NOUN
cjal-3204	743	6	that	that	SCONJ
cjal-3204	743	7	the	the	DET
cjal-3204	743	8	second	second	ADV
cjal-3204	743	9	-	-	PUNCT
cjal-3204	743	10	highest	high	ADJ
cjal-3204	743	11	bidder	bidder	NOUN
cjal-3204	743	12	,	,	PUNCT
cjal-3204	743	13	by	by	ADP
cjal-3204	743	14	definition	definition	NOUN
cjal-3204	743	15	,	,	PUNCT
cjal-3204	743	16	has	have	AUX
cjal-3204	743	17	decided	decide	VERB
cjal-3204	743	18	not	not	PART
cjal-3204	743	19	to	to	PART
cjal-3204	743	20	increase	increase	VERB
cjal-3204	743	21	his	his	PRON
cjal-3204	743	22	or	or	CCONJ
cjal-3204	743	23	her	her	PRON
cjal-3204	743	24	bid	bid	NOUN
cjal-3204	743	25	,	,	PUNCT
cjal-3204	743	26	suggesting	suggest	VERB
cjal-3204	743	27	that	that	SCONJ
cjal-3204	743	28	that	that	DET
cjal-3204	743	29	bid	bid	NOUN
cjal-3204	743	30	is	be	AUX
cjal-3204	743	31	the	the	DET
cjal-3204	743	32	limit	limit	NOUN
cjal-3204	743	33	of	of	ADP
cjal-3204	743	34	the	the	DET
cjal-3204	743	35	runner	runner	NOUN
cjal-3204	743	36	-	-	PUNCT
cjal-3204	743	37	up	up	ADP
cjal-3204	743	38	bidder	bidder	NOUN
cjal-3204	743	39	's	's	PART
cjal-3204	743	40	opinion	opinion	NOUN
cjal-3204	743	41	of	of	ADP
cjal-3204	743	42	value	value	NOUN
cjal-3204	743	43	.	.	PUNCT
cjal-3204	744	1	the	the	DET
cjal-3204	744	2	high	high	ADJ
cjal-3204	744	3	bidder	bidder	NOUN
cjal-3204	744	4	need	need	AUX
cjal-3204	744	5	bid	bid	NOUN
cjal-3204	744	6	only	only	ADV
cjal-3204	744	7	a	a	DET
cjal-3204	744	8	nominal	nominal	ADJ
cjal-3204	744	9	amount	amount	NOUN
cjal-3204	744	10	say	say	VERB
cjal-3204	744	11	,	,	PUNCT
cjal-3204	744	12	one	one	NUM
cjal-3204	744	13	dollar	dollar	NOUN
cjal-3204	744	14	above	above	ADP
cjal-3204	744	15	the	the	DET
cjal-3204	744	16	runner	runner	NOUN
cjal-3204	744	17	-	-	PUNCT
cjal-3204	744	18	up	up	NOUN
cjal-3204	744	19	's	's	PART
cjal-3204	744	20	top	top	ADJ
cjal-3204	744	21	bid	bid	NOUN
cjal-3204	744	22	in	in	ADP
cjal-3204	744	23	order	order	NOUN
cjal-3204	744	24	to	to	PART
cjal-3204	744	25	take	take	VERB
cjal-3204	744	26	the	the	DET
cjal-3204	744	27	property	property	NOUN
cjal-3204	744	28	,	,	PUNCT
cjal-3204	744	29	even	even	ADV
cjal-3204	744	30	if	if	SCONJ
cjal-3204	744	31	the	the	DET
cjal-3204	744	32	high	high	ADJ
cjal-3204	744	33	bidder	bidder	NOUN
cjal-3204	744	34	's	's	PART
cjal-3204	744	35	opinion	opinion	NOUN
cjal-3204	744	36	of	of	ADP
cjal-3204	744	37	the	the	DET
cjal-3204	744	38	property	property	NOUN
cjal-3204	744	39	's	's	PART
cjal-3204	744	40	value	value	NOUN
cjal-3204	744	41	is	be	AUX
cjal-3204	744	42	much	much	ADV
cjal-3204	744	43	greater	great	ADJ
cjal-3204	744	44	than	than	ADP
cjal-3204	744	45	that	that	DET
cjal-3204	744	46	amount	amount	NOUN
cjal-3204	744	47	.	.	PUNCT
cjal-3204	745	1	auctions	auction	NOUN
cjal-3204	745	2	can	can	AUX
cjal-3204	745	3	have	have	VERB
cjal-3204	745	4	significant	significant	ADJ
cjal-3204	745	5	advantages	advantage	NOUN
cjal-3204	745	6	over	over	ADP
cjal-3204	745	7	a	a	DET
cjal-3204	745	8	negotiated	negotiate	VERB
cjal-3204	745	9	sale	sale	NOUN
cjal-3204	745	10	for	for	ADP
cjal-3204	745	11	both	both	DET
cjal-3204	745	12	buyers	buyer	NOUN
cjal-3204	745	13	and	and	CCONJ
cjal-3204	745	14	seller	seller	NOUN
cjal-3204	745	15	.	.	PUNCT
cjal-3204	746	1	assuming	assume	VERB
cjal-3204	746	2	that	that	SCONJ
cjal-3204	746	3	any	any	DET
cjal-3204	746	4	reserve	reserve	NOUN
cjal-3204	746	5	price	price	NOUN
cjal-3204	746	6	has	have	AUX
cjal-3204	746	7	been	be	AUX
cjal-3204	746	8	met	meet	VERB
cjal-3204	746	9	,	,	PUNCT
cjal-3204	746	10	the	the	DET
cjal-3204	746	11	seller	seller	NOUN
cjal-3204	746	12	can	can	AUX
cjal-3204	746	13	not	not	PART
cjal-3204	746	14	withdraw	withdraw	VERB
cjal-3204	746	15	or	or	CCONJ
cjal-3204	746	16	renege	renege	VERB
cjal-3204	746	17	on	on	ADP
cjal-3204	746	18	the	the	DET
cjal-3204	746	19	transaction	transaction	NOUN
cjal-3204	746	20	;	;	PUNCT
cjal-3204	746	21	hence	hence	ADV
cjal-3204	746	22	,	,	PUNCT
cjal-3204	746	23	indeterminacy	indeterminacy	NOUN
cjal-3204	746	24	is	be	AUX
cjal-3204	746	25	reduced	reduce	VERB
cjal-3204	746	26	for	for	ADP
cjal-3204	746	27	the	the	DET
cjal-3204	746	28	buyer	buyer	NOUN
cjal-3204	746	29	.	.	PUNCT
cjal-3204	747	1	from	from	ADP
cjal-3204	747	2	the	the	DET
cjal-3204	747	3	seller	seller	NOUN
cjal-3204	747	4	's	's	PART
cjal-3204	747	5	viewpoint	viewpoint	NOUN
cjal-3204	747	6	,	,	PUNCT
cjal-3204	747	7	the	the	DET
cjal-3204	747	8	auction	auction	NOUN
cjal-3204	747	9	is	be	AUX
cjal-3204	747	10	quick	quick	ADJ
cjal-3204	747	11	and	and	CCONJ
cjal-3204	747	12	permits	permit	VERB
cjal-3204	747	13	a	a	DET
cjal-3204	747	14	rapid	rapid	ADJ
cjal-3204	747	15	liquidation	liquidation	NOUN
cjal-3204	747	16	of	of	ADP
cjal-3204	747	17	the	the	DET
cjal-3204	747	18	asset	asset	NOUN
cjal-3204	747	19	.	.	PUNCT
cjal-3204	748	1	in	in	ADP
cjal-3204	748	2	addition	addition	NOUN
cjal-3204	748	3	,	,	PUNCT
cjal-3204	748	4	if	if	SCONJ
cjal-3204	748	5	there	there	PRON
cjal-3204	748	6	are	be	VERB
cjal-3204	748	7	numerous	numerous	ADJ
cjal-3204	748	8	well	well	ADV
cjal-3204	748	9	-	-	PUNCT
cjal-3204	748	10	informed	inform	VERB
cjal-3204	748	11	bidders	bidder	NOUN
cjal-3204	748	12	,	,	PUNCT
cjal-3204	748	13	even	even	ADV
cjal-3204	748	14	a	a	DET
cjal-3204	748	15	seller	seller	NOUN
cjal-3204	748	16	who	who	PRON
cjal-3204	748	17	is	be	AUX
cjal-3204	748	18	relatively	relatively	ADV
cjal-3204	748	19	uninformed	uninformed	ADJ
cjal-3204	748	20	or	or	CCONJ
cjal-3204	748	21	ignorant	ignorant	ADJ
cjal-3204	748	22	of	of	ADP
cjal-3204	748	23	market	market	NOUN
cjal-3204	748	24	conditions	condition	NOUN
cjal-3204	748	25	can	can	AUX
cjal-3204	748	26	expect	expect	VERB
cjal-3204	748	27	to	to	PART
cjal-3204	748	28	obtain	obtain	VERB
cjal-3204	748	29	a	a	DET
cjal-3204	748	30	market	market	NOUN
cjal-3204	748	31	price.92	price.92	NOUN
cjal-3204	748	32	however	however	ADV
cjal-3204	748	33	,	,	PUNCT
cjal-3204	748	34	there	there	PRON
cjal-3204	748	35	is	be	VERB
cjal-3204	748	36	at	at	ADV
cjal-3204	748	37	least	least	ADJ
cjal-3204	748	38	one	one	NUM
cjal-3204	748	39	theoretical	theoretical	ADJ
cjal-3204	748	40	reason	reason	NOUN
cjal-3204	748	41	for	for	ADP
cjal-3204	748	42	expecting	expect	VERB
cjal-3204	748	43	english	english	ADJ
cjal-3204	748	44	auctions	auction	NOUN
cjal-3204	748	45	to	to	PART
cjal-3204	748	46	produce	produce	VERB
cjal-3204	748	47	prices	price	NOUN
cjal-3204	748	48	that	that	PRON
cjal-3204	748	49	are	be	AUX
cjal-3204	748	50	inferior	inferior	ADJ
cjal-3204	748	51	to	to	ADP
cjal-3204	748	52	prices	price	NOUN
cjal-3204	748	53	in	in	ADP
cjal-3204	748	54	negotiated	negotiate	VERB
cjal-3204	748	55	sales	sale	NOUN
cjal-3204	748	56	.	.	PUNCT
cjal-3204	749	1	it	it	PRON
cjal-3204	749	2	arises	arise	VERB
cjal-3204	749	3	from	from	ADP
cjal-3204	749	4	the	the	DET
cjal-3204	749	5	fact	fact	NOUN
cjal-3204	749	6	that	that	SCONJ
cjal-3204	749	7	it	it	PRON
cjal-3204	749	8	must	must	AUX
cjal-3204	749	9	,	,	PUNCT
cjal-3204	749	10	by	by	ADP
cjal-3204	749	11	its	its	PRON
cjal-3204	749	12	nature	nature	NOUN
cjal-3204	749	13	,	,	PUNCT
cjal-3204	749	14	occur	occur	VERB
cjal-3204	749	15	at	at	ADP
cjal-3204	749	16	a	a	DET
cjal-3204	749	17	given	give	VERB
cjal-3204	749	18	point	point	NOUN
cjal-3204	749	19	in	in	ADP
cjal-3204	749	20	time	time	NOUN
cjal-3204	749	21	,	,	PUNCT
cjal-3204	749	22	and	and	CCONJ
cjal-3204	749	23	can	can	AUX
cjal-3204	749	24	only	only	ADV
cjal-3204	749	25	attract	attract	VERB
cjal-3204	749	26	potential	potential	ADJ
cjal-3204	749	27	buyers	buyer	NOUN
cjal-3204	749	28	who	who	PRON
cjal-3204	749	29	are	be	AUX
cjal-3204	749	30	in	in	ADP
cjal-3204	749	31	the	the	DET
cjal-3204	749	32	market	market	NOUN
cjal-3204	749	33	at	at	ADP
cjal-3204	749	34	that	that	DET
cjal-3204	749	35	time	time	NOUN
cjal-3204	749	36	.	.	PUNCT
cjal-3204	750	1	by	by	ADP
cjal-3204	750	2	contrast	contrast	NOUN
cjal-3204	750	3	,	,	PUNCT
cjal-3204	750	4	a	a	DET
cjal-3204	750	5	negotiated	negotiate	VERB
cjal-3204	750	6	sale	sale	NOUN
cjal-3204	750	7	typically	typically	ADV
cjal-3204	750	8	results	result	VERB
cjal-3204	750	9	from	from	ADP
cjal-3204	750	10	the	the	DET
cjal-3204	750	11	marketing	marketing	NOUN
cjal-3204	750	12	of	of	ADP
cjal-3204	750	13	the	the	DET
cjal-3204	750	14	property	property	NOUN
cjal-3204	750	15	over	over	ADP
cjal-3204	750	16	some	some	DET
cjal-3204	750	17	period	period	NOUN
cjal-3204	750	18	of	of	ADP
cjal-3204	750	19	time	time	NOUN
cjal-3204	750	20	often	often	ADV
cjal-3204	750	21	several	several	ADJ
cjal-3204	750	22	weeks	week	NOUN
cjal-3204	750	23	or	or	CCONJ
cjal-3204	750	24	months	month	NOUN
cjal-3204	750	25	.	.	PUNCT
cjal-3204	751	1	since	since	SCONJ
cjal-3204	751	2	prospective	prospective	ADJ
cjal-3204	751	3	buyers	buyer	NOUN
cjal-3204	751	4	may	may	AUX
cjal-3204	751	5	enter	enter	VERB
cjal-3204	751	6	or	or	CCONJ
cjal-3204	751	7	leave	leave	VERB
cjal-3204	751	8	the	the	DET
cjal-3204	751	9	market	market	NOUN
cjal-3204	751	10	at	at	ADP
cjal-3204	751	11	random	random	ADJ
cjal-3204	751	12	intervals	interval	NOUN
cjal-3204	751	13	,	,	PUNCT
cjal-3204	751	14	a	a	DET
cjal-3204	751	15	longer	long	ADJ
cjal-3204	751	16	exposure	exposure	NOUN
cjal-3204	751	17	time	time	NOUN
cjal-3204	751	18	is	be	AUX
cjal-3204	751	19	likely	likely	ADJ
cjal-3204	751	20	to	to	PART
cjal-3204	751	21	result	result	VERB
cjal-3204	751	22	in	in	ADP
cjal-3204	751	23	exposure	exposure	NOUN
cjal-3204	751	24	to	to	ADP
cjal-3204	751	25	more	more	ADJ
cjal-3204	751	26	potential	potential	ADJ
cjal-3204	751	27	buyers	buyer	NOUN
cjal-3204	751	28	,	,	PUNCT
cjal-3204	751	29	and	and	CCONJ
cjal-3204	751	30	thus	thus	ADV
cjal-3204	751	31	to	to	ADP
cjal-3204	751	32	a	a	DET
cjal-3204	751	33	higher	high	ADJ
cjal-3204	751	34	probable	probable	ADJ
cjal-3204	751	35	price.93	price.93	NOUN
cjal-3204	751	36	an	an	DET
cjal-3204	751	37	auction	auction	NOUN
cjal-3204	751	38	's	's	PART
cjal-3204	751	39	appeal	appeal	NOUN
cjal-3204	751	40	is	be	AUX
cjal-3204	751	41	inherently	inherently	ADV
cjal-3204	751	42	limited	limit	VERB
cjal-3204	751	43	to	to	ADP
cjal-3204	751	44	the	the	DET
cjal-3204	751	45	potential	potential	ADJ
cjal-3204	751	46	buyers	buyer	NOUN
cjal-3204	751	47	who	who	PRON
cjal-3204	751	48	are	be	AUX
cjal-3204	751	49	active	active	ADJ
cjal-3204	751	50	on	on	ADP
cjal-3204	751	51	the	the	DET
cjal-3204	751	52	date	date	NOUN
cjal-3204	751	53	the	the	DET
cjal-3204	751	54	auction	auction	NOUN
cjal-3204	751	55	is	be	AUX
cjal-3204	751	56	held.94	held.94	PROPN
cjal-3204	751	57	moreover	moreover	ADV
cjal-3204	751	58	,	,	PUNCT
cjal-3204	751	59	in	in	ADP
cjal-3204	751	60	a	a	DET
cjal-3204	751	61	small	small	ADJ
cjal-3204	751	62	market	market	NOUN
cjal-3204	751	63	or	or	CCONJ
cjal-3204	751	64	one	one	NUM
cjal-3204	751	65	that	that	PRON
cjal-3204	751	66	is	be	AUX
cjal-3204	751	67	91	91	NUM
cjal-3204	751	68	.	.	PUNCT
cjal-3204	752	1	see	see	VERB
cjal-3204	752	2	p.r	p.r	PROPN
cjal-3204	752	3	.	.	PROPN
cjal-3204	752	4	milgrom	milgrom	PROPN
cjal-3204	752	5	&	&	CCONJ
cjal-3204	752	6	ri	ri	PROPN
cjal-3204	752	7	..	..	PROPN
cjal-3204	752	8	weber	weber	PROPN
cjal-3204	752	9	,	,	PUNCT
cjal-3204	752	10	a	a	DET
cjal-3204	752	11	theorv	theorv	NOUN
cjal-3204	752	12	,	,	PUNCT
cjal-3204	752	13	of	of	ADP
cjal-3204	752	14	auctions	auction	NOUN
cjal-3204	752	15	and	and	CCONJ
cjal-3204	752	16	competitive	competitive	ADJ
cjal-3204	752	17	bidding	bidding	NOUN
cjal-3204	752	18	,	,	PUNCT
cjal-3204	752	19	50	50	NUM
cjal-3204	752	20	economtrmca	economtrmca	NOUN
cjal-3204	752	21	1089	1089	NUM
cjal-3204	752	22	(	(	PUNCT
cjal-3204	752	23	1982	1982	NUM
cjal-3204	752	24	)	)	PUNCT
cjal-3204	752	25	.	.	PUNCT
cjal-3204	753	1	92	92	NUM
cjal-3204	753	2	.	.	PUNCT
cjal-3204	754	1	see	see	VERB
cjal-3204	754	2	mark	mark	PROPN
cjal-3204	754	3	g.	g.	PROPN
cjal-3204	754	4	dotzour	dotzour	PROPN
cjal-3204	754	5	,	,	PUNCT
cjal-3204	754	6	everard	everard	PROPN
cjal-3204	754	7	moorhead	moorhead	PROPN
cjal-3204	754	8	,	,	PUNCT
cjal-3204	754	9	and	and	CCONJ
cjal-3204	754	10	daniel	daniel	PROPN
cjal-3204	754	11	t.	t.	PROPN
cjal-3204	754	12	winker	winker	PROPN
cjal-3204	754	13	,	,	PUNCT
cjal-3204	754	14	the	the	DET
cjal-3204	754	15	impact	impact	NOUN
cjal-3204	754	16	ofauctions	ofauction	NOUN
cjal-3204	754	17	on	on	ADP
cjal-3204	754	18	residential	residential	ADJ
cjal-3204	754	19	sales	sale	NOUN
cjal-3204	754	20	prices	price	NOUN
cjal-3204	754	21	in	in	ADP
cjal-3204	754	22	new	new	PROPN
cjal-3204	754	23	zealand	zealand	PROPN
cjal-3204	754	24	,	,	PUNCT
cjal-3204	754	25	16	16	NUM
cjal-3204	754	26	j.	j.	PROPN
cjal-3204	754	27	real	real	PROPN
cjal-3204	754	28	est	est	X
cjal-3204	754	29	.	.	PUNCT
cjal-3204	755	1	res	re	NOUN
cjal-3204	755	2	.	.	PUNCT
cjal-3204	756	1	57,58	57,58	NUM
cjal-3204	756	2	(	(	PUNCT
cjal-3204	756	3	1998	1998	NUM
cjal-3204	756	4	)	)	PUNCT
cjal-3204	756	5	.	.	PUNCT
cjal-3204	757	1	93	93	NUM
cjal-3204	757	2	.	.	PUNCT
cjal-3204	758	1	there	there	PRON
cjal-3204	758	2	is	be	VERB
cjal-3204	758	3	evidence	evidence	NOUN
cjal-3204	758	4	that	that	SCONJ
cjal-3204	758	5	,	,	PUNCT
cjal-3204	758	6	even	even	ADV
cjal-3204	758	7	with	with	ADP
cjal-3204	758	8	negotiated	negotiate	VERB
cjal-3204	758	9	sales	sale	NOUN
cjal-3204	758	10	,	,	PUNCT
cjal-3204	758	11	longer	long	ADJ
cjal-3204	758	12	periods	period	NOUN
cjal-3204	758	13	of	of	ADP
cjal-3204	758	14	time	time	NOUN
cjal-3204	758	15	on	on	ADP
cjal-3204	758	16	the	the	DET
cjal-3204	758	17	market	market	NOUN
cjal-3204	758	18	are	be	AUX
cjal-3204	758	19	associated	associate	VERB
cjal-3204	758	20	with	with	ADP
cjal-3204	758	21	higher	high	ADJ
cjal-3204	758	22	prices	price	NOUN
cjal-3204	758	23	paid	pay	VERB
cjal-3204	758	24	.	.	PUNCT
cjal-3204	759	1	see	see	VERB
cjal-3204	759	2	john	john	PROPN
cjal-3204	759	3	d.	d.	PROPN
cjal-3204	759	4	benjamin	benjamin	PROPN
cjal-3204	759	5	,	,	PUNCT
cjal-3204	759	6	g.	g.	PROPN
cjal-3204	759	7	donald	donald	PROPN
cjal-3204	759	8	jud	jud	PROPN
cjal-3204	759	9	,	,	PUNCT
cjal-3204	759	10	&	&	CCONJ
cjal-3204	759	11	g.	g.	PROPN
cjal-3204	759	12	stacy	stacy	PROPN
cjal-3204	759	13	sirmans	sirmans	PROPN
cjal-3204	759	14	,	,	PUNCT
cjal-3204	759	15	whatido	whatido	NOUN
cjal-3204	759	16	we	we	PRON
cjal-3204	759	17	know'about	know'about	VERB
cjal-3204	759	18	realestate	realestate	NOUN
cjal-3204	759	19	brokerage	brokerage	NOUN
cjal-3204	759	20	,	,	PUNCT
cjal-3204	759	21	20	20	NUM
cjal-3204	759	22	j.	j.	PROPN
cjal-3204	759	23	real	real	PROPN
cjal-3204	759	24	est	est	X
cjal-3204	759	25	.	.	PUNCT
cjal-3204	760	1	res	re	NOUN
cjal-3204	760	2	.	.	PROPN
cjal-3204	761	1	6	6	NUM
cjal-3204	761	2	,	,	PUNCT
cjal-3204	761	3	14	14	NUM
cjal-3204	761	4	-	-	PUNCT
cjal-3204	761	5	16(2000	16(2000	NUM
cjal-3204	761	6	)	)	PUNCT
cjal-3204	761	7	.	.	PUNCT
cjal-3204	762	1	94	94	X
cjal-3204	762	2	.	.	PUNCT
cjal-3204	763	1	in	in	ADP
cjal-3204	763	2	recent	recent	ADJ
cjal-3204	763	3	years	year	NOUN
cjal-3204	763	4	,	,	PUNCT
cjal-3204	763	5	there	there	PRON
cjal-3204	763	6	has	have	AUX
cjal-3204	763	7	been	be	AUX
cjal-3204	763	8	some	some	DET
cjal-3204	763	9	experimentation	experimentation	NOUN
cjal-3204	763	10	with	with	ADP
cjal-3204	763	11	on	on	ADP
cjal-3204	763	12	-	-	PUNCT
cjal-3204	763	13	line	line	NOUN
cjal-3204	763	14	auctions	auction	NOUN
cjal-3204	763	15	of	of	ADP
cjal-3204	763	16	real	real	ADJ
cjal-3204	763	17	estate	estate	NOUN
cjal-3204	763	18	by	by	ADP
cjal-3204	763	19	means	mean	NOUN
cjal-3204	763	20	of	of	ADP
cjal-3204	763	21	the	the	DET
cjal-3204	763	22	interet	interet	NOUN
cjal-3204	763	23	.	.	PUNCT
cjal-3204	764	1	see	see	VERB
cjal-3204	764	2	,	,	PUNCT
cjal-3204	764	3	e.g.	e.g.	ADV
cjal-3204	764	4	,	,	PUNCT
cjal-3204	764	5	<	<	X
cjal-3204	764	6	http:.1wwv.bid4assets.com	http:.1wwv.bid4assets.com	X
cjal-3204	764	7	>	>	X
cjal-3204	764	8	;	;	PUNCT
cjal-3204	764	9	http://www.realauctionreferral.comfrealestate.htm1	http://www.realauctionreferral.comfrealestate.htm1	NUM
cjal-3204	764	10	(	(	PUNCT
cjal-3204	764	11	both	both	DET
cjal-3204	764	12	sites	site	NOUN
cjal-3204	764	13	last	last	ADV
cjal-3204	764	14	visited	visit	VERB
cjal-3204	764	15	nov.20	nov.20	PROPN
cjal-3204	764	16	,	,	PUNCT
cjal-3204	764	17	2001	2001	NUM
cjal-3204	764	18	)	)	PUNCT
cjal-3204	764	19	;	;	PUNCT
cjal-3204	764	20	jackie	jackie	PROPN
cjal-3204	764	21	spinner	spinner	NOUN
cjal-3204	764	22	,	,	PUNCT
cjal-3204	764	23	uncle	uncle	PROPN
cjal-3204	764	24	sam	sam	PROPN
cjal-3204	764	25	gets	get	VERB
cjal-3204	764	26	web	web	NOUN
cjal-3204	764	27	auction	auction	NOUN
cjal-3204	764	28	bug	bug	NOUN
cjal-3204	764	29	;	;	PUNCT
cjal-3204	764	30	gsa	gsa	PROPN
cjal-3204	764	31	finds	find	VERB
cjal-3204	764	32	public	public	ADJ
cjal-3204	764	33	rcadv	rcadv	NOUN
cjal-3204	764	34	and	and	CCONJ
cjal-3204	764	35	willing	willing	ADJ
cjal-3204	764	36	to	to	PART
cjal-3204	764	37	bu	bu	VERB
cjal-3204	764	38	)	)	PUNCT
cjal-3204	764	39	,	,	PUNCT
cjal-3204	764	40	was11	was11	NOUN
cjal-3204	764	41	.	.	PUNCT
cjal-3204	765	1	post	post	PROPN
cjal-3204	765	2	,	,	PUNCT
cjal-3204	765	3	june	june	PROPN
cjal-3204	765	4	12	12	NUM
cjal-3204	765	5	,	,	PUNCT
cjal-3204	765	6	2001	2001	NUM
cjal-3204	765	7	,	,	PUNCT
cjal-3204	765	8	at	at	ADP
cjal-3204	765	9	el	el	PROPN
cjal-3204	765	10	available	available	ADJ
cjal-3204	765	11	at	at	ADP
cjal-3204	765	12	2001	2001	NUM
cjal-3204	765	13	wl	wl	NOUN
cjal-3204	765	14	23173507	23173507	NUM
cjal-3204	765	15	;	;	PUNCT
cjal-3204	765	16	gus	gus	PROPN
cjal-3204	765	17	g.	g.	PROPN
cjal-3204	765	18	sentementes	sentementes	PROPN
cjal-3204	765	19	,	,	PUNCT
cjal-3204	765	20	web	web	NOUN
cjal-3204	765	21	auctions	auction	NOUN
cjal-3204	765	22	have	have	VERB
cjal-3204	765	23	homes	home	NOUN
cjal-3204	765	24	to	to	PART
cjal-3204	765	25	sell	sell	VERB
cjal-3204	765	26	going	going	NOUN
cjal-3204	765	27	,	,	PUNCT
cjal-3204	765	28	going	go	VERB
cjal-3204	765	29	:	:	PUNCT
cjal-3204	765	30	several	several	ADJ
cjal-3204	765	31	dot	dot	NOUN
cjal-3204	765	32	-	-	PUNCT
cjal-3204	765	33	com	com	NOUN
cjal-3204	765	34	companies	company	NOUN
cjal-3204	765	35	see	see	VERB
cjal-3204	765	36	a	a	DET
cjal-3204	765	37	future	future	NOUN
cjal-3204	765	38	in	in	ADP
cjal-3204	765	39	selling	sell	VERB
cjal-3204	765	40	real	real	ADJ
cjal-3204	765	41	estate	estate	NOUN
cjal-3204	765	42	via	via	ADP
cjal-3204	765	43	bidding	bid	VERB
cjal-3204	765	44	through	through	ADP
cjal-3204	765	45	the	the	DET
cjal-3204	765	46	internet	internet	NOUN
cjal-3204	765	47	,	,	PUNCT
cjal-3204	765	48	baltimore	baltimore	PROPN
cjal-3204	765	49	sun	sun	PROPN
cjal-3204	765	50	,	,	PUNCT
cjal-3204	765	51	oct	oct	PROPN
cjal-3204	765	52	.	.	PROPN
cjal-3204	765	53	22	22	NUM
cjal-3204	765	54	,	,	PUNCT
cjal-3204	765	55	2000	2000	NUM
cjal-3204	765	56	,	,	PUNCT
cjal-3204	765	57	at	at	ADP
cjal-3204	765	58	il	il	PROPN
cjal-3204	765	59	.	.	PUNCT
cjal-3204	766	1	there	there	PRON
cjal-3204	766	2	is	be	VERB
cjal-3204	766	3	some	some	DET
cjal-3204	766	4	a	a	DET
cjal-3204	766	5	priori	priori	ADJ
cjal-3204	766	6	2001	2001	NUM
cjal-3204	766	7	]	]	PUNCT
cjal-3204	766	8	columbia	columbia	PROPN
cjal-3204	766	9	journal	journal	PROPN
cjal-3204	766	10	of	of	ADP
cjal-3204	766	11	asian	asian	ADJ
cjal-3204	766	12	law	law	NOUN
cjal-3204	766	13	already	already	ADV
cjal-3204	766	14	"	"	PUNCT
cjal-3204	766	15	glutted	glut	VERB
cjal-3204	766	16	"	"	PUNCT
cjal-3204	766	17	by	by	ADP
cjal-3204	766	18	oversupply	oversupply	PROPN
cjal-3204	766	19	,	,	PUNCT
cjal-3204	766	20	an	an	DET
cjal-3204	766	21	auction	auction	NOUN
cjal-3204	766	22	in	in	ADP
cjal-3204	766	23	which	which	PRON
cjal-3204	766	24	a	a	DET
cjal-3204	766	25	large	large	ADJ
cjal-3204	766	26	number	number	NOUN
cjal-3204	766	27	of	of	ADP
cjal-3204	766	28	properties	property	NOUN
cjal-3204	766	29	are	be	AUX
cjal-3204	766	30	offered	offer	VERB
cjal-3204	766	31	may	may	AUX
cjal-3204	766	32	itself	itself	PRON
cjal-3204	766	33	depress	depress	VERB
cjal-3204	766	34	prices	price	NOUN
cjal-3204	766	35	as	as	ADP
cjal-3204	766	36	a	a	DET
cjal-3204	766	37	consequence	consequence	NOUN
cjal-3204	766	38	of	of	ADP
cjal-3204	766	39	the	the	DET
cjal-3204	766	40	increase	increase	NOUN
cjal-3204	766	41	in	in	ADP
cjal-3204	766	42	supply	supply	NOUN
cjal-3204	766	43	resulting	result	VERB
cjal-3204	766	44	from	from	ADP
cjal-3204	766	45	"	"	PUNCT
cjal-3204	766	46	dumping	dump	VERB
cjal-3204	766	47	"	"	PUNCT
cjal-3204	766	48	the	the	DET
cjal-3204	766	49	entire	entire	ADJ
cjal-3204	766	50	auction	auction	NOUN
cjal-3204	766	51	inventory	inventory	NOUN
cjal-3204	766	52	on	on	ADP
cjal-3204	766	53	the	the	DET
cjal-3204	766	54	market	market	NOUN
cjal-3204	766	55	in	in	ADP
cjal-3204	766	56	a	a	DET
cjal-3204	766	57	single	single	ADJ
cjal-3204	766	58	day	day	NOUN
cjal-3204	766	59	.	.	PUNCT
cjal-3204	767	1	95	95	NUM
cjal-3204	768	1	a	a	DET
cjal-3204	768	2	number	number	NOUN
cjal-3204	768	3	of	of	ADP
cjal-3204	768	4	factors	factor	NOUN
cjal-3204	768	5	may	may	AUX
cjal-3204	768	6	influence	influence	VERB
cjal-3204	768	7	prices	price	NOUN
cjal-3204	768	8	brought	bring	VERB
cjal-3204	768	9	by	by	ADP
cjal-3204	768	10	auctions	auction	NOUN
cjal-3204	768	11	.	.	PUNCT
cjal-3204	769	1	in	in	ADP
cjal-3204	769	2	the	the	DET
cjal-3204	769	3	united	united	PROPN
cjal-3204	769	4	states	states	PROPN
cjal-3204	769	5	,	,	PUNCT
cjal-3204	769	6	auctions	auction	NOUN
cjal-3204	769	7	have	have	AUX
cjal-3204	769	8	historically	historically	ADV
cjal-3204	769	9	been	be	AUX
cjal-3204	769	10	associated	associate	VERB
cjal-3204	769	11	in	in	ADP
cjal-3204	769	12	the	the	DET
cjal-3204	769	13	public	public	ADJ
cjal-3204	769	14	mind	mind	NOUN
cjal-3204	769	15	with	with	ADP
cjal-3204	769	16	distress	distress	NOUN
cjal-3204	769	17	sales	sale	NOUN
cjal-3204	769	18	.	.	PUNCT
cjal-3204	770	1	most	most	ADJ
cjal-3204	770	2	auctions	auction	NOUN
cjal-3204	770	3	in	in	ADP
cjal-3204	770	4	america	america	PROPN
cjal-3204	770	5	result	result	VERB
cjal-3204	770	6	from	from	ADP
cjal-3204	770	7	mortgage	mortgage	NOUN
cjal-3204	770	8	foreclosures	foreclosure	NOUN
cjal-3204	770	9	,	,	PUNCT
cjal-3204	770	10	judgment	judgment	NOUN
cjal-3204	770	11	sales	sale	NOUN
cjal-3204	770	12	,	,	PUNCT
cjal-3204	770	13	property	property	NOUN
cjal-3204	770	14	tax	tax	NOUN
cjal-3204	770	15	sales	sale	NOUN
cjal-3204	770	16	,	,	PUNCT
cjal-3204	770	17	bankruptcy	bankruptcy	NOUN
cjal-3204	770	18	sales	sale	NOUN
cjal-3204	770	19	,	,	PUNCT
cjal-3204	770	20	and	and	CCONJ
cjal-3204	770	21	estate	estate	NOUN
cjal-3204	770	22	sales	sale	NOUN
cjal-3204	770	23	.	.	PUNCT
cjal-3204	771	1	well	well	ADV
cjal-3204	771	2	-	-	PUNCT
cjal-3204	771	3	publicized	publicize	VERB
cjal-3204	771	4	auctions	auction	NOUN
cjal-3204	771	5	have	have	AUX
cjal-3204	771	6	also	also	ADV
cjal-3204	771	7	been	be	AUX
cjal-3204	771	8	held	hold	VERB
cjal-3204	771	9	in	in	ADP
cjal-3204	771	10	recent	recent	ADJ
cjal-3204	771	11	years	year	NOUN
cjal-3204	771	12	in	in	ADP
cjal-3204	771	13	the	the	DET
cjal-3204	771	14	united	united	PROPN
cjal-3204	771	15	states	states	PROPN
cjal-3204	771	16	by	by	ADP
cjal-3204	771	17	the	the	DET
cjal-3204	771	18	resolution	resolution	NOUN
cjal-3204	771	19	trust	trust	NOUN
cjal-3204	771	20	corporation	corporation	NOUN
cjal-3204	771	21	,	,	PUNCT
cjal-3204	771	22	which	which	PRON
cjal-3204	771	23	was	be	AUX
cjal-3204	771	24	charged	charge	VERB
cjal-3204	771	25	with	with	ADP
cjal-3204	771	26	the	the	DET
cjal-3204	771	27	responsibility	responsibility	NOUN
cjal-3204	771	28	for	for	ADP
cjal-3204	771	29	liquidating	liquidate	VERB
cjal-3204	771	30	the	the	DET
cjal-3204	771	31	assets	asset	NOUN
cjal-3204	771	32	of	of	ADP
cjal-3204	771	33	insolvent	insolvent	ADJ
cjal-3204	771	34	savings	saving	NOUN
cjal-3204	771	35	and	and	CCONJ
cjal-3204	771	36	loan	loan	NOUN
cjal-3204	771	37	associations	association	NOUN
cjal-3204	771	38	from	from	ADP
cjal-3204	771	39	1989	1989	NUM
cjal-3204	771	40	through	through	ADP
cjal-3204	771	41	1997,96	1997,96	NUM
cjal-3204	771	42	and	and	CCONJ
cjal-3204	771	43	by	by	ADP
cjal-3204	771	44	the	the	DET
cjal-3204	771	45	department	department	NOUN
cjal-3204	771	46	of	of	ADP
cjal-3204	771	47	housing	housing	PROPN
cjal-3204	771	48	and	and	CCONJ
cjal-3204	771	49	urban	urban	ADJ
cjal-3204	771	50	development	development	PROPN
cjal-3204	771	51	,	,	PUNCT
cjal-3204	771	52	which	which	PRON
cjal-3204	771	53	holds	hold	VERB
cjal-3204	771	54	an	an	DET
cjal-3204	771	55	inventory	inventory	NOUN
cjal-3204	771	56	of	of	ADP
cjal-3204	771	57	foreclosed	foreclose	VERB
cjal-3204	771	58	houses	house	NOUN
cjal-3204	771	59	whose	whose	DET
cjal-3204	771	60	owners	owner	NOUN
cjal-3204	771	61	defaulted	default	VERB
cjal-3204	771	62	on	on	ADP
cjal-3204	771	63	mortgage	mortgage	NOUN
cjal-3204	771	64	loans	loan	NOUN
cjal-3204	771	65	insured	insure	VERB
cjal-3204	771	66	by	by	ADP
cjal-3204	771	67	the	the	DET
cjal-3204	771	68	federal	federal	ADJ
cjal-3204	771	69	housing	housing	NOUN
cjal-3204	771	70	administration.97	administration.97	NOUN
cjal-3204	771	71	these	these	PRON
cjal-3204	771	72	,	,	PUNCT
cjal-3204	771	73	too	too	ADV
cjal-3204	771	74	,	,	PUNCT
cjal-3204	771	75	are	be	AUX
cjal-3204	771	76	examples	example	NOUN
cjal-3204	771	77	of	of	ADP
cjal-3204	771	78	distress	distress	NOUN
cjal-3204	771	79	sales	sale	NOUN
cjal-3204	771	80	.	.	PUNCT
cjal-3204	772	1	the	the	DET
cjal-3204	772	2	properties	property	NOUN
cjal-3204	772	3	involved	involve	VERB
cjal-3204	772	4	are	be	AUX
cjal-3204	772	5	often	often	ADV
cjal-3204	772	6	of	of	ADP
cjal-3204	772	7	less	less	ADJ
cjal-3204	772	8	than	than	ADP
cjal-3204	772	9	stellar	stellar	ADJ
cjal-3204	772	10	quality	quality	NOUN
cjal-3204	772	11	.	.	PUNCT
cjal-3204	773	1	there	there	PRON
cjal-3204	773	2	are	be	VERB
cjal-3204	773	3	exceptions	exception	NOUN
cjal-3204	773	4	,	,	PUNCT
cjal-3204	773	5	of	of	ADP
cjal-3204	773	6	course	course	NOUN
cjal-3204	773	7	;	;	PUNCT
cjal-3204	773	8	auctions	auction	NOUN
cjal-3204	773	9	have	have	AUX
cjal-3204	773	10	occasionally	occasionally	ADV
cjal-3204	773	11	been	be	AUX
cjal-3204	773	12	used	use	VERB
cjal-3204	773	13	in	in	ADP
cjal-3204	773	14	the	the	DET
cjal-3204	773	15	united	united	PROPN
cjal-3204	773	16	states	states	PROPN
cjal-3204	773	17	to	to	ADP
cjal-3204	773	18	market	market	NOUN
cjal-3204	773	19	unique	unique	ADJ
cjal-3204	773	20	,	,	PUNCT
cjal-3204	773	21	high	high	ADJ
cjal-3204	773	22	-	-	PUNCT
cjal-3204	773	23	value	value	NOUN
cjal-3204	773	24	real	real	ADJ
cjal-3204	773	25	estate	estate	NOUN
cjal-3204	773	26	,	,	PUNCT
cjal-3204	773	27	98	98	NUM
cjal-3204	773	28	or	or	CCONJ
cjal-3204	773	29	to	to	PART
cjal-3204	773	30	market	market	VERB
cjal-3204	773	31	large	large	ADJ
cjal-3204	773	32	quantities	quantity	NOUN
cjal-3204	773	33	of	of	ADP
cjal-3204	773	34	subdivision	subdivision	NOUN
cjal-3204	773	35	houses	house	NOUN
cjal-3204	773	36	or	or	CCONJ
cjal-3204	773	37	condominium	condominium	NOUN
cjal-3204	773	38	units99	units99	NOUN
cjal-3204	773	39	in	in	ADP
cjal-3204	773	40	extremely	extremely	ADV
cjal-3204	773	41	high	high	ADJ
cjal-3204	773	42	-	-	PUNCT
cjal-3204	773	43	demand	demand	NOUN
cjal-3204	773	44	market	market	NOUN
cjal-3204	773	45	conditions	condition	NOUN
cjal-3204	773	46	.	.	PUNCT
cjal-3204	774	1	reason	reason	NOUN
cjal-3204	774	2	to	to	PART
cjal-3204	774	3	expect	expect	VERB
cjal-3204	774	4	this	this	DET
cjal-3204	774	5	approach	approach	NOUN
cjal-3204	774	6	will	will	AUX
cjal-3204	774	7	produce	produce	VERB
cjal-3204	774	8	higher	high	ADJ
cjal-3204	774	9	prices	price	NOUN
cjal-3204	774	10	than	than	ADP
cjal-3204	774	11	in	in	ADP
cjal-3204	774	12	-	-	PUNCT
cjal-3204	774	13	person	person	NOUN
cjal-3204	774	14	auctions	auction	NOUN
cjal-3204	774	15	,	,	PUNCT
cjal-3204	774	16	since	since	SCONJ
cjal-3204	774	17	an	an	DET
cjal-3204	774	18	on	on	ADP
cjal-3204	774	19	-	-	PUNCT
cjal-3204	774	20	line	line	NOUN
cjal-3204	774	21	auction	auction	NOUN
cjal-3204	774	22	can	can	AUX
cjal-3204	774	23	be	be	AUX
cjal-3204	774	24	conducted	conduct	VERB
cjal-3204	774	25	over	over	ADP
cjal-3204	774	26	several	several	ADJ
cjal-3204	774	27	days	day	NOUN
cjal-3204	774	28	or	or	CCONJ
cjal-3204	774	29	weeks	week	NOUN
cjal-3204	774	30	,	,	PUNCT
cjal-3204	774	31	rather	rather	ADV
cjal-3204	774	32	than	than	ADP
cjal-3204	774	33	occurring	occur	VERB
cjal-3204	774	34	on	on	ADP
cjal-3204	774	35	a	a	DET
cjal-3204	774	36	single	single	ADJ
cjal-3204	774	37	day	day	NOUN
cjal-3204	774	38	,	,	PUNCT
cjal-3204	774	39	thus	thus	ADV
cjal-3204	774	40	exposing	expose	VERB
cjal-3204	774	41	the	the	DET
cjal-3204	774	42	properties	property	NOUN
cjal-3204	774	43	to	to	ADP
cjal-3204	774	44	a	a	DET
cjal-3204	774	45	larger	large	ADJ
cjal-3204	774	46	set	set	NOUN
cjal-3204	774	47	of	of	ADP
cjal-3204	774	48	prospective	prospective	ADJ
cjal-3204	774	49	buyers	buyer	NOUN
cjal-3204	774	50	.	.	PUNCT
cjal-3204	775	1	95	95	NUM
cjal-3204	775	2	.	.	PUNCT
cjal-3204	776	1	this	this	DET
cjal-3204	776	2	point	point	NOUN
cjal-3204	776	3	is	be	AUX
cjal-3204	776	4	made	make	VERB
cjal-3204	776	5	in	in	ADP
cjal-3204	776	6	martin	martin	PROPN
cjal-3204	776	7	ginsburg	ginsburg	PROPN
cjal-3204	776	8	,	,	PUNCT
cjal-3204	776	9	the	the	DET
cjal-3204	776	10	new	new	ADJ
cjal-3204	776	11	wave	wave	NOUN
cjal-3204	776	12	of	of	ADP
cjal-3204	776	13	auctioning	auctioning	NOUN
cjal-3204	776	14	will	will	AUX
cjal-3204	776	15	not	not	PART
cjal-3204	776	16	wash	wash	VERB
cjal-3204	776	17	in	in	ADP
cjal-3204	776	18	a	a	DET
cjal-3204	776	19	soft	soft	ADJ
cjal-3204	776	20	market	market	NOUN
cjal-3204	776	21	,	,	PUNCT
cjal-3204	776	22	7	7	NUM
cjal-3204	776	23	real	real	ADJ
cjal-3204	776	24	est	est	X
cjal-3204	776	25	.	.	PUNCT
cjal-3204	777	1	fin	fin	NOUN
cjal-3204	777	2	.	.	PUNCT
cjal-3204	778	1	j.	j.	PROPN
cjal-3204	778	2	72	72	NUM
cjal-3204	778	3	(	(	PUNCT
cjal-3204	778	4	1991	1991	NUM
cjal-3204	778	5	)	)	PUNCT
cjal-3204	778	6	.	.	PUNCT
cjal-3204	779	1	see	see	VERB
cjal-3204	779	2	also	also	ADV
cjal-3204	779	3	christopher	christopher	PROPN
cjal-3204	779	4	j.	j.	PROPN
cjal-3204	779	5	mayer	mayer	PROPN
cjal-3204	779	6	,	,	PUNCT
cjal-3204	779	7	assessing	assess	VERB
cjal-3204	779	8	the	the	DET
cjal-3204	779	9	performance	performance	NOUN
cjal-3204	779	10	of	of	ADP
cjal-3204	779	11	real	real	ADJ
cjal-3204	779	12	estate	estate	NOUN
cjal-3204	779	13	auctions	auction	NOUN
cjal-3204	779	14	,	,	PUNCT
cjal-3204	779	15	26	26	NUM
cjal-3204	779	16	real	real	ADJ
cjal-3204	779	17	est	est	X
cjal-3204	779	18	.	.	PUNCT
cjal-3204	780	1	econ	econ	PROPN
cjal-3204	780	2	.	.	PUNCT
cjal-3204	781	1	41	41	NUM
cjal-3204	781	2	(	(	PUNCT
cjal-3204	781	3	1998	1998	NUM
cjal-3204	781	4	)	)	PUNCT
cjal-3204	781	5	.	.	PUNCT
cjal-3204	782	1	96	96	X
cjal-3204	782	2	.	.	PUNCT
cjal-3204	782	3	see	see	VERB
cjal-3204	782	4	federal	federal	ADJ
cjal-3204	782	5	deposit	deposit	NOUN
cjal-3204	782	6	insurance	insurance	NOUN
cjal-3204	782	7	corporation	corporation	NOUN
cjal-3204	782	8	,	,	PUNCT
cjal-3204	782	9	managing	manage	VERB
cjal-3204	782	10	the	the	DET
cjal-3204	782	11	crisis	crisis	NOUN
cjal-3204	782	12	:	:	PUNCT
cjal-3204	782	13	the	the	DET
cjal-3204	782	14	fdic	fdic	PROPN
cjal-3204	782	15	and	and	CCONJ
cjal-3204	782	16	rtc	rtc	PROPN
cjal-3204	782	17	experience	experience	NOUN
cjal-3204	782	18	1980	1980	NUM
cjal-3204	782	19	-	-	SYM
cjal-3204	782	20	1994	1994	NUM
cjal-3204	782	21	(	(	PUNCT
cjal-3204	782	22	1998	1998	NUM
cjal-3204	782	23	)	)	PUNCT
cjal-3204	782	24	.	.	PUNCT
cjal-3204	783	1	for	for	ADP
cjal-3204	783	2	an	an	DET
cjal-3204	783	3	overview	overview	NOUN
cjal-3204	783	4	of	of	ADP
cjal-3204	783	5	the	the	DET
cjal-3204	783	6	events	event	NOUN
cjal-3204	783	7	leading	lead	VERB
cjal-3204	783	8	to	to	ADP
cjal-3204	783	9	the	the	DET
cjal-3204	783	10	creation	creation	NOUN
cjal-3204	783	11	of	of	ADP
cjal-3204	783	12	the	the	DET
cjal-3204	783	13	rtc	rtc	PROPN
cjal-3204	783	14	,	,	PUNCT
cjal-3204	783	15	see	see	VERB
cjal-3204	783	16	edward	edward	PROPN
cjal-3204	783	17	l.	l.	PROPN
cjal-3204	783	18	rubin	rubin	PROPN
cjal-3204	783	19	,	,	PUNCT
cjal-3204	783	20	communing	commune	VERB
cjal-3204	783	21	with	with	ADP
cjal-3204	783	22	disaster	disaster	NOUN
cjal-3204	783	23	:	:	PUNCT
cjal-3204	783	24	what	what	PRON
cjal-3204	783	25	we	we	PRON
cjal-3204	783	26	can	can	AUX
cjal-3204	783	27	learn	learn	VERB
cjal-3204	783	28	from	from	ADP
cjal-3204	783	29	the	the	DET
cjal-3204	783	30	jusen	jusen	PROPN
cjal-3204	783	31	and	and	CCONJ
cjal-3204	783	32	the	the	DET
cjal-3204	783	33	savings	saving	NOUN
cjal-3204	783	34	and	and	CCONJ
cjal-3204	783	35	loan	loan	NOUN
cjal-3204	783	36	crises	crisis	NOUN
cjal-3204	783	37	,	,	PUNCT
cjal-3204	783	38	29	29	NUM
cjal-3204	783	39	law	law	NOUN
cjal-3204	783	40	&	&	CCONJ
cjal-3204	783	41	pol'y	pol'y	NOUN
cjal-3204	783	42	int'l	int'l	NOUN
cjal-3204	783	43	bus	bus	NOUN
cjal-3204	783	44	.	.	PUNCT
cjal-3204	784	1	79	79	NUM
cjal-3204	784	2	(	(	PUNCT
cjal-3204	784	3	1997	1997	NUM
cjal-3204	784	4	)	)	PUNCT
cjal-3204	784	5	;	;	PUNCT
cjal-3204	785	1	jerry	jerry	PROPN
cjal-3204	785	2	w.	w.	PROPN
cjal-3204	785	3	markham	markham	PROPN
cjal-3204	785	4	,	,	PUNCT
cjal-3204	785	5	banking	banking	NOUN
cjal-3204	785	6	regulation	regulation	NOUN
cjal-3204	785	7	:	:	PUNCT
cjal-3204	785	8	its	its	PRON
cjal-3204	785	9	history	history	NOUN
cjal-3204	785	10	and	and	CCONJ
cjal-3204	785	11	future	future	NOUN
cjal-3204	785	12	,	,	PUNCT
cjal-3204	785	13	4	4	NUM
cjal-3204	785	14	n.c	n.c	PROPN
cjal-3204	785	15	.	.	PROPN
cjal-3204	785	16	banking	banking	NOUN
cjal-3204	785	17	inst	inst	PROPN
cjal-3204	785	18	.	.	PUNCT
cjal-3204	785	19	221	221	NUM
cjal-3204	785	20	(	(	PUNCT
cjal-3204	785	21	2000	2000	NUM
cjal-3204	785	22	)	)	PUNCT
cjal-3204	785	23	.	.	PUNCT
cjal-3204	786	1	97	97	NUM
cjal-3204	786	2	.	.	PUNCT
cjal-3204	787	1	see	see	VERB
cjal-3204	787	2	marcus	marcus	PROPN
cjal-3204	787	3	t.	t.	PROPN
cjal-3204	787	4	allen	allen	PROPN
cjal-3204	787	5	,	,	PUNCT
cjal-3204	787	6	discounts	discount	NOUN
cjal-3204	787	7	in	in	ADP
cjal-3204	787	8	real	real	ADJ
cjal-3204	787	9	estate	estate	NOUN
cjal-3204	787	10	auction	auction	NOUN
cjal-3204	787	11	prices	price	NOUN
cjal-3204	787	12	:	:	PUNCT
cjal-3204	787	13	evidence	evidence	NOUN
cjal-3204	787	14	from	from	ADP
cjal-3204	787	15	south	south	PROPN
cjal-3204	787	16	florida	florida	PROPN
cjal-3204	787	17	,	,	PUNCT
cjal-3204	787	18	69	69	NUM
cjal-3204	787	19	appraisal	appraisal	NOUN
cjal-3204	787	20	j.	j.	PROPN
cjal-3204	787	21	3843	3843	PROPN
cjal-3204	787	22	(	(	PUNCT
cjal-3204	787	23	2001	2001	NUM
cjal-3204	787	24	)	)	PUNCT
cjal-3204	787	25	;	;	PUNCT
cjal-3204	787	26	allen	allen	PROPN
cjal-3204	787	27	&	&	CCONJ
cjal-3204	787	28	swisher	swisher	PROPN
cjal-3204	787	29	,	,	PUNCT
cjal-3204	787	30	an	an	DET
cjal-3204	787	31	analysis	analysis	NOUN
cjal-3204	787	32	of	of	ADP
cjal-3204	787	33	the	the	DET
cjal-3204	787	34	price	price	NOUN
cjal-3204	787	35	formation	formation	NOUN
cjal-3204	787	36	process	process	NOUN
cjal-3204	787	37	at	at	ADP
cjal-3204	787	38	a	a	DET
cjal-3204	787	39	hud	hud	PROPN
cjal-3204	787	40	auction	auction	NOUN
cjal-3204	787	41	,	,	PUNCT
cjal-3204	787	42	20	20	NUM
cjal-3204	787	43	j.	j.	PROPN
cjal-3204	787	44	real	real	PROPN
cjal-3204	787	45	est	est	X
cjal-3204	787	46	.	.	PUNCT
cjal-3204	788	1	res	re	NOUN
cjal-3204	788	2	.	.	PROPN
cjal-3204	789	1	179	179	NUM
cjal-3204	789	2	(	(	PUNCT
cjal-3204	789	3	2000	2000	NUM
cjal-3204	789	4	)	)	PUNCT
cjal-3204	789	5	.	.	PUNCT
cjal-3204	790	1	98	98	NUM
cjal-3204	790	2	.	.	PUNCT
cjal-3204	791	1	see	see	VERB
cjal-3204	791	2	mayer	mayer	PROPN
cjal-3204	791	3	,	,	PUNCT
cjal-3204	791	4	supra	supra	PROPN
cjal-3204	791	5	note	note	PROPN
cjal-3204	791	6	95	95	NUM
cjal-3204	791	7	;	;	PUNCT
cjal-3204	791	8	jim	jim	PROPN
cjal-3204	791	9	szymanski	szymanski	PROPN
cjal-3204	791	10	,	,	PUNCT
cjal-3204	791	11	going	go	VERB
cjal-3204	791	12	once	once	ADV
cjal-3204	791	13	,	,	PUNCT
cjal-3204	791	14	going	go	VERB
cjal-3204	791	15	twice	twice	ADV
cjal-3204	791	16	real	real	ADJ
cjal-3204	791	17	estate	estate	NOUN
cjal-3204	791	18	:	:	PUNCT
cjal-3204	791	19	banking	banking	NOUN
cjal-3204	791	20	on	on	ADP
cjal-3204	791	21	a	a	DET
cjal-3204	791	22	new	new	ADJ
cjal-3204	791	23	trend	trend	NOUN
cjal-3204	791	24	,	,	PUNCT
cjal-3204	791	25	edgewood	edgewood	PROPN
cjal-3204	791	26	estate	estate	NOUN
cjal-3204	791	27	is	be	AUX
cjal-3204	791	28	on	on	ADP
cjal-3204	791	29	the	the	DET
cjal-3204	791	30	auction	auction	NOUN
cjal-3204	791	31	block	block	NOUN
cjal-3204	791	32	,	,	PUNCT
cjal-3204	791	33	after	after	ADP
cjal-3204	791	34	six	six	NUM
cjal-3204	791	35	months	month	NOUN
cjal-3204	791	36	with	with	ADP
cjal-3204	791	37	a	a	DET
cjal-3204	791	38	realtor	realtor	NOUN
cjal-3204	791	39	,	,	PUNCT
cjal-3204	791	40	tacoma	tacoma	PROPN
cjal-3204	791	41	morning	morning	PROPN
cjal-3204	791	42	news	news	PROPN
cjal-3204	791	43	tribune	tribune	PROPN
cjal-3204	791	44	,	,	PUNCT
cjal-3204	791	45	feb	feb	PROPN
cjal-3204	791	46	.	.	PROPN
cjal-3204	791	47	23	23	NUM
cjal-3204	791	48	,	,	PUNCT
cjal-3204	791	49	2001	2001	NUM
cjal-3204	791	50	,	,	PUNCT
cjal-3204	791	51	at	at	ADP
cjal-3204	791	52	di	di	NOUN
cjal-3204	791	53	(	(	PUNCT
cjal-3204	791	54	auction	auction	NOUN
cjal-3204	791	55	of	of	ADP
cjal-3204	791	56	17,000	17,000	NUM
cjal-3204	791	57	square	square	ADJ
cjal-3204	791	58	foot	foot	NOUN
cjal-3204	791	59	estate	estate	NOUN
cjal-3204	791	60	valued	value	VERB
cjal-3204	791	61	at	at	ADP
cjal-3204	791	62	s2	s2	PROPN
cjal-3204	791	63	million	million	NUM
cjal-3204	791	64	)	)	PUNCT
cjal-3204	791	65	;	;	PUNCT
cjal-3204	791	66	larry	larry	PROPN
cjal-3204	791	67	finley	finley	PROPN
cjal-3204	791	68	,	,	PUNCT
cjal-3204	791	69	under	under	ADP
cjal-3204	791	70	the	the	DET
cjal-3204	791	71	gavel	gavel	NOUN
cjal-3204	791	72	:	:	PUNCT
cjal-3204	791	73	real	real	ADJ
cjal-3204	791	74	estate	estate	NOUN
cjal-3204	791	75	auctions	auction	NOUN
cjal-3204	791	76	play	play	VERB
cjal-3204	791	77	big	big	ADJ
cjal-3204	791	78	role	role	NOUN
cjal-3204	791	79	in	in	ADP
cjal-3204	791	80	builder	builder	NOUN
cjal-3204	791	81	closeouts	closeout	NOUN
cjal-3204	791	82	and	and	CCONJ
cjal-3204	791	83	bankruptcies	bankruptcy	NOUN
cjal-3204	791	84	,	,	PUNCT
cjal-3204	791	85	chicago	chicago	PROPN
cjal-3204	791	86	sun	sun	PROPN
cjal-3204	791	87	-	-	PUNCT
cjal-3204	791	88	times	times	PROPN
cjal-3204	791	89	,	,	PUNCT
cjal-3204	791	90	july	july	PROPN
cjal-3204	791	91	28	28	NUM
cjal-3204	791	92	,	,	PUNCT
cjal-3204	791	93	2000	2000	NUM
cjal-3204	791	94	,	,	PUNCT
cjal-3204	791	95	at	at	ADP
cjal-3204	791	96	in	in	ADP
cjal-3204	791	97	(	(	PUNCT
cjal-3204	791	98	auction	auction	NOUN
cjal-3204	791	99	of	of	ADP
cjal-3204	791	100	5,000	5,000	NUM
cjal-3204	791	101	square	square	ADJ
cjal-3204	791	102	foot	foot	NOUN
cjal-3204	791	103	home	home	ADV
cjal-3204	791	104	on	on	ADP
cjal-3204	791	105	private	private	ADJ
cjal-3204	791	106	island	island	NOUN
cjal-3204	791	107	,	,	PUNCT
cjal-3204	791	108	valued	value	VERB
cjal-3204	791	109	at	at	ADP
cjal-3204	791	110	$	$	SYM
cjal-3204	791	111	3	3	NUM
cjal-3204	791	112	million	million	NUM
cjal-3204	791	113	)	)	PUNCT
cjal-3204	791	114	.	.	PUNCT
cjal-3204	792	1	99	99	NUM
cjal-3204	792	2	.	.	PUNCT
cjal-3204	793	1	see	see	VERB
cjal-3204	793	2	ryland	ryland	PROPN
cjal-3204	793	3	sizzles	sizzle	VERB
cjal-3204	793	4	in	in	ADP
cjal-3204	793	5	bay	bay	PROPN
cjal-3204	793	6	area	area	NOUN
cjal-3204	793	7	home	home	NOUN
cjal-3204	793	8	auctions	auction	NOUN
cjal-3204	793	9	with	with	ADP
cjal-3204	793	10	$	$	SYM
cjal-3204	793	11	10.8	10.8	NUM
cjal-3204	793	12	million	million	NUM
cjal-3204	793	13	in	in	ADP
cjal-3204	793	14	sales	sale	NOUN
cjal-3204	793	15	,	,	PUNCT
cjal-3204	793	16	p.r	p.r	PROPN
cjal-3204	793	17	.	.	PROPN
cjal-3204	793	18	newswire	newswire	PROPN
cjal-3204	793	19	,	,	PUNCT
cjal-3204	793	20	nov	nov	PROPN
cjal-3204	793	21	.	.	PROPN
cjal-3204	793	22	16	16	NUM
cjal-3204	793	23	,	,	PUNCT
cjal-3204	793	24	2000	2000	NUM
cjal-3204	793	25	(	(	PUNCT
cjal-3204	793	26	14	14	NUM
cjal-3204	793	27	new	new	ADJ
cjal-3204	793	28	houses	house	NOUN
cjal-3204	793	29	in	in	ADP
cjal-3204	793	30	highly	highly	ADV
cjal-3204	793	31	desirable	desirable	ADJ
cjal-3204	793	32	location	location	NOUN
cjal-3204	793	33	in	in	ADP
cjal-3204	793	34	bay	bay	PROPN
cjal-3204	793	35	area	area	NOUN
cjal-3204	793	36	,	,	PUNCT
cjal-3204	793	37	california	california	PROPN
cjal-3204	793	38	,	,	PUNCT
cjal-3204	793	39	sold	sell	VERB
cjal-3204	793	40	in	in	ADP
cjal-3204	793	41	on	on	ADP
cjal-3204	793	42	-	-	PUNCT
cjal-3204	793	43	line	line	NOUN
cjal-3204	793	44	auction	auction	NOUN
cjal-3204	793	45	for	for	ADP
cjal-3204	793	46	average	average	NOUN
cjal-3204	793	47	of	of	ADP
cjal-3204	793	48	$	$	SYM
cjal-3204	793	49	771,300	771,300	NUM
cjal-3204	793	50	,	,	PUNCT
cjal-3204	793	51	nearly	nearly	ADV
cjal-3204	793	52	$	$	SYM
cjal-3204	793	53	25,000	25,000	NUM
cjal-3204	793	54	more	more	ADJ
cjal-3204	793	55	than	than	ADP
cjal-3204	793	56	average	average	ADJ
cjal-3204	793	57	asking	asking	NOUN
cjal-3204	793	58	price	price	NOUN
cjal-3204	793	59	)	)	PUNCT
cjal-3204	793	60	;	;	PUNCT
cjal-3204	793	61	randyl	randyl	PROPN
cjal-3204	793	62	drummer	drummer	NOUN
cjal-3204	793	63	,	,	PUNCT
cjal-3204	793	64	real	real	ADJ
cjal-3204	793	65	estate	estate	NOUN
cjal-3204	793	66	&	&	CCONJ
cjal-3204	793	67	retail	retail	NOUN
cjal-3204	793	68	:	:	PUNCT
cjal-3204	793	69	internet	internet	NOUN
cjal-3204	793	70	auction	auction	NOUN
cjal-3204	793	71	set	set	VERB
cjal-3204	793	72	for	for	ADP
cjal-3204	793	73	kaufman	kaufman	PROPN
cjal-3204	793	74	&	&	CCONJ
cjal-3204	793	75	broad	broad	ADJ
cjal-3204	793	76	homes	home	NOUN
cjal-3204	793	77	,	,	PUNCT
cjal-3204	793	78	ontario	ontario	PROPN
cjal-3204	793	79	,	,	PUNCT
cjal-3204	793	80	california	california	PROPN
cjal-3204	793	81	business	business	PROPN
cjal-3204	793	82	press	press	PROPN
cjal-3204	793	83	,	,	PUNCT
cjal-3204	793	84	oct	oct	PROPN
cjal-3204	793	85	.	.	PROPN
cjal-3204	793	86	16	16	NUM
cjal-3204	793	87	,	,	PUNCT
cjal-3204	793	88	2000	2000	NUM
cjal-3204	793	89	,	,	PUNCT
cjal-3204	793	90	at	at	ADP
cjal-3204	793	91	10	10	NUM
cjal-3204	793	92	(	(	PUNCT
cjal-3204	793	93	65	65	NUM
cjal-3204	793	94	new	new	ADJ
cjal-3204	793	95	houses	house	NOUN
cjal-3204	793	96	in	in	ADP
cjal-3204	793	97	southern	southern	ADJ
cjal-3204	793	98	california	california	PROPN
cjal-3204	793	99	sold	sell	VERB
cjal-3204	793	100	by	by	ADP
cjal-3204	793	101	internet	internet	NOUN
cjal-3204	793	102	auction	auction	NOUN
cjal-3204	793	103	)	)	PUNCT
cjal-3204	793	104	.	.	PUNCT
cjal-3204	794	1	see	see	VERB
cjal-3204	794	2	also	also	ADV
cjal-3204	794	3	auctions	auction	NOUN
cjal-3204	794	4	are	be	AUX
cjal-3204	794	5	growing	grow	VERB
cjal-3204	794	6	in	in	ADP
cjal-3204	794	7	popularity	popularity	NOUN
cjal-3204	794	8	again	again	ADV
cjal-3204	794	9	,	,	PUNCT
cjal-3204	794	10	with	with	ADP
cjal-3204	794	11	benefits	benefit	NOUN
cjal-3204	794	12	for	for	ADP
cjal-3204	794	13	both	both	DET
cjal-3204	794	14	developers	developer	NOUN
cjal-3204	794	15	and	and	CCONJ
cjal-3204	794	16	home	home	NOUN
cjal-3204	794	17	buyers	buyer	NOUN
cjal-3204	794	18	:	:	PUNCT
cjal-3204	794	19	property	property	NOUN
cjal-3204	794	20	auctions	auction	NOUN
cjal-3204	794	21	back	back	ADV
cjal-3204	794	22	in	in	ADP
cjal-3204	794	23	vogue	vogue	NOUN
cjal-3204	794	24	,	,	PUNCT
cjal-3204	794	25	bangkok	bangkok	PROPN
cjal-3204	794	26	post	post	PROPN
cjal-3204	794	27	,	,	PUNCT
cjal-3204	794	28	apr	apr	PROPN
cjal-3204	794	29	.	.	PROPN
cjal-3204	794	30	19	19	NUM
cjal-3204	794	31	,	,	PUNCT
cjal-3204	794	32	2001	2001	NUM
cjal-3204	794	33	,	,	PUNCT
cjal-3204	794	34	available	available	ADJ
cjal-3204	794	35	at	at	ADP
cjal-3204	794	36	2001	2001	NUM
cjal-3204	794	37	wl	wl	NOUN
cjal-3204	794	38	17378261	17378261	NUM
cjal-3204	794	39	.	.	PUNCT
cjal-3204	795	1	[	[	X
cjal-3204	795	2	15:1	15:1	NUM
cjal-3204	795	3	chinese	chinese	ADJ
cjal-3204	795	4	mortgage	mortgage	NOUN
cjal-3204	795	5	l4w	l4w	X
cjal-3204	795	6	nonetheless	nonetheless	ADV
cjal-3204	795	7	,	,	PUNCT
cjal-3204	795	8	auctions	auction	NOUN
cjal-3204	795	9	generally	generally	ADV
cjal-3204	795	10	have	have	VERB
cjal-3204	795	11	the	the	DET
cjal-3204	795	12	reputation	reputation	NOUN
cjal-3204	795	13	in	in	ADP
cjal-3204	795	14	america	america	PROPN
cjal-3204	795	15	for	for	ADP
cjal-3204	795	16	offering	offer	VERB
cjal-3204	795	17	properties	property	NOUN
cjal-3204	795	18	that	that	PRON
cjal-3204	795	19	are	be	AUX
cjal-3204	795	20	substandard	substandard	ADJ
cjal-3204	795	21	or	or	CCONJ
cjal-3204	795	22	problematic	problematic	ADJ
cjal-3204	795	23	,	,	PUNCT
cjal-3204	795	24	and	and	CCONJ
cjal-3204	795	25	that	that	PRON
cjal-3204	795	26	may	may	AUX
cjal-3204	795	27	not	not	PART
cjal-3204	795	28	be	be	AUX
cjal-3204	795	29	of	of	ADP
cjal-3204	795	30	interest	interest	NOUN
cjal-3204	795	31	to	to	ADP
cjal-3204	795	32	a	a	DET
cjal-3204	795	33	broad	broad	ADJ
cjal-3204	795	34	segment	segment	NOUN
cjal-3204	795	35	of	of	ADP
cjal-3204	795	36	the	the	DET
cjal-3204	795	37	market	market	NOUN
cjal-3204	795	38	.	.	PUNCT
cjal-3204	796	1	this	this	DET
cjal-3204	796	2	reputation	reputation	NOUN
cjal-3204	796	3	per	per	ADP
cjal-3204	796	4	se	se	X
cjal-3204	796	5	may	may	AUX
cjal-3204	796	6	discourage	discourage	VERB
cjal-3204	796	7	some	some	DET
cjal-3204	796	8	prospective	prospective	ADJ
cjal-3204	796	9	buyers	buyer	NOUN
cjal-3204	796	10	from	from	ADP
cjal-3204	796	11	participating	participate	VERB
cjal-3204	796	12	.	.	PUNCT
cjal-3204	797	1	the	the	DET
cjal-3204	797	2	quickness	quickness	NOUN
cjal-3204	797	3	with	with	ADP
cjal-3204	797	4	which	which	PRON
cjal-3204	797	5	an	an	DET
cjal-3204	797	6	auction	auction	NOUN
cjal-3204	797	7	can	can	AUX
cjal-3204	797	8	be	be	AUX
cjal-3204	797	9	completed	complete	VERB
cjal-3204	797	10	is	be	AUX
cjal-3204	797	11	obviously	obviously	ADV
cjal-3204	797	12	an	an	DET
cjal-3204	797	13	advantage	advantage	NOUN
cjal-3204	797	14	to	to	ADP
cjal-3204	797	15	the	the	DET
cjal-3204	797	16	seller	seller	NOUN
cjal-3204	797	17	.	.	PUNCT
cjal-3204	798	1	it	it	PRON
cjal-3204	798	2	can	can	AUX
cjal-3204	798	3	drastically	drastically	ADV
cjal-3204	798	4	reduce	reduce	VERB
cjal-3204	798	5	carrying	carry	VERB
cjal-3204	798	6	costs	cost	NOUN
cjal-3204	798	7	property	property	NOUN
cjal-3204	798	8	taxes	taxis	NOUN
cjal-3204	798	9	,	,	PUNCT
cjal-3204	798	10	insurance	insurance	NOUN
cjal-3204	798	11	,	,	PUNCT
cjal-3204	798	12	security	security	NOUN
cjal-3204	798	13	,	,	PUNCT
cjal-3204	798	14	management	management	NOUN
cjal-3204	798	15	expense	expense	NOUN
cjal-3204	798	16	,	,	PUNCT
cjal-3204	798	17	and	and	CCONJ
cjal-3204	798	18	most	most	ADV
cjal-3204	798	19	significantly	significantly	ADV
cjal-3204	798	20	,	,	PUNCT
cjal-3204	798	21	the	the	DET
cjal-3204	798	22	loss	loss	NOUN
cjal-3204	798	23	of	of	ADP
cjal-3204	798	24	revenue	revenue	NOUN
cjal-3204	798	25	from	from	ADP
cjal-3204	798	26	the	the	DET
cjal-3204	798	27	seller	seller	NOUN
cjal-3204	798	28	's	's	PART
cjal-3204	798	29	capital	capital	NOUN
cjal-3204	798	30	if	if	SCONJ
cjal-3204	798	31	the	the	DET
cjal-3204	798	32	property	property	NOUN
cjal-3204	798	33	is	be	AUX
cjal-3204	798	34	currently	currently	ADV
cjal-3204	798	35	vacant	vacant	ADJ
cjal-3204	798	36	or	or	CCONJ
cjal-3204	798	37	is	be	AUX
cjal-3204	798	38	producing	produce	VERB
cjal-3204	798	39	only	only	ADV
cjal-3204	798	40	a	a	DET
cjal-3204	798	41	submarket	submarket	NOUN
cjal-3204	798	42	income	income	NOUN
cjal-3204	798	43	.	.	PUNCT
cjal-3204	798	44	00	00	PUNCT
cjal-3204	799	1	however	however	ADV
cjal-3204	799	2	,	,	PUNCT
cjal-3204	799	3	the	the	DET
cjal-3204	799	4	rapidity	rapidity	NOUN
cjal-3204	799	5	of	of	ADP
cjal-3204	799	6	the	the	DET
cjal-3204	799	7	auction	auction	NOUN
cjal-3204	799	8	and	and	CCONJ
cjal-3204	799	9	its	its	PRON
cjal-3204	799	10	"	"	PUNCT
cjal-3204	799	11	cookie	cookie	NOUN
cjal-3204	799	12	-	-	PUNCT
cjal-3204	799	13	cutter	cutter	NOUN
cjal-3204	799	14	"	"	PUNCT
cjal-3204	799	15	standardization0	standardization0	NOUN
cjal-3204	799	16	1	1	NUM
cjal-3204	799	17	of	of	ADP
cjal-3204	799	18	the	the	DET
cjal-3204	799	19	transaction	transaction	NOUN
cjal-3204	799	20	can	can	AUX
cjal-3204	799	21	also	also	ADV
cjal-3204	799	22	discourage	discourage	VERB
cjal-3204	799	23	potential	potential	ADJ
cjal-3204	799	24	buyers	buyer	NOUN
cjal-3204	799	25	.	.	PUNCT
cjal-3204	800	1	for	for	ADP
cjal-3204	800	2	example	example	NOUN
cjal-3204	800	3	,	,	PUNCT
cjal-3204	800	4	seller	seller	NOUN
cjal-3204	800	5	financing	financing	NOUN
cjal-3204	800	6	is	be	AUX
cjal-3204	800	7	difficult	difficult	ADJ
cjal-3204	800	8	to	to	PART
cjal-3204	800	9	arrange	arrange	VERB
cjal-3204	800	10	in	in	ADP
cjal-3204	800	11	an	an	DET
cjal-3204	800	12	auction	auction	NOUN
cjal-3204	800	13	.	.	PUNCT
cjal-3204	801	1	there	there	PRON
cjal-3204	801	2	is	be	VERB
cjal-3204	801	3	no	no	DET
cjal-3204	801	4	opportunity	opportunity	NOUN
cjal-3204	801	5	to	to	PART
cjal-3204	801	6	engage	engage	VERB
cjal-3204	801	7	in	in	ADP
cjal-3204	801	8	face	face	NOUN
cjal-3204	801	9	-	-	PUNCT
cjal-3204	801	10	to	to	ADP
cjal-3204	801	11	-	-	PUNCT
cjal-3204	801	12	face	face	NOUN
cjal-3204	801	13	negotiation	negotiation	NOUN
cjal-3204	801	14	of	of	ADP
cjal-3204	801	15	the	the	DET
cjal-3204	801	16	financing	financing	NOUN
cjal-3204	801	17	,	,	PUNCT
cjal-3204	801	18	or	or	CCONJ
cjal-3204	801	19	to	to	PART
cjal-3204	801	20	tailor	tailor	VERB
cjal-3204	801	21	it	it	PRON
cjal-3204	801	22	to	to	PART
cjal-3204	801	23	needs	need	NOUN
cjal-3204	801	24	and	and	CCONJ
cjal-3204	801	25	qualifications	qualification	NOUN
cjal-3204	801	26	of	of	ADP
cjal-3204	801	27	an	an	DET
cjal-3204	801	28	individual	individual	ADJ
cjal-3204	801	29	buyer	buyer	NOUN
cjal-3204	801	30	.	.	PUNCT
cjal-3204	802	1	hence	hence	ADV
cjal-3204	802	2	,	,	PUNCT
cjal-3204	802	3	unless	unless	SCONJ
cjal-3204	802	4	the	the	DET
cjal-3204	802	5	seller	seller	NOUN
cjal-3204	802	6	is	be	AUX
cjal-3204	802	7	willing	willing	ADJ
cjal-3204	802	8	to	to	PART
cjal-3204	802	9	negotiate	negotiate	VERB
cjal-3204	802	10	and	and	CCONJ
cjal-3204	802	11	announce	announce	VERB
cjal-3204	802	12	a	a	DET
cjal-3204	802	13	prearranged	prearrange	VERB
cjal-3204	802	14	financing	financing	NOUN
cjal-3204	802	15	package	package	NOUN
cjal-3204	802	16	that	that	PRON
cjal-3204	802	17	will	will	AUX
cjal-3204	802	18	be	be	AUX
cjal-3204	802	19	available	available	ADJ
cjal-3204	802	20	to	to	ADP
cjal-3204	802	21	all	all	DET
cjal-3204	802	22	bidders	bidder	NOUN
cjal-3204	802	23	,	,	PUNCT
cjal-3204	802	24	it	it	PRON
cjal-3204	802	25	will	will	AUX
cjal-3204	802	26	be	be	AUX
cjal-3204	802	27	up	up	ADP
cjal-3204	802	28	to	to	ADP
cjal-3204	802	29	the	the	DET
cjal-3204	802	30	bidders	bidder	NOUN
cjal-3204	802	31	to	to	PART
cjal-3204	802	32	arrange	arrange	VERB
cjal-3204	802	33	their	their	PRON
cjal-3204	802	34	own	own	ADJ
cjal-3204	802	35	financing	financing	NOUN
cjal-3204	802	36	.	.	PUNCT
cjal-3204	803	1	0	0	NUM
cjal-3204	803	2	2	2	NUM
cjal-3204	803	3	in	in	ADP
cjal-3204	803	4	addition	addition	NOUN
cjal-3204	803	5	,	,	PUNCT
cjal-3204	803	6	auctions	auction	NOUN
cjal-3204	803	7	usually	usually	ADV
cjal-3204	803	8	call	call	VERB
cjal-3204	803	9	for	for	ADP
cjal-3204	803	10	the	the	DET
cjal-3204	803	11	successful	successful	ADJ
cjal-3204	803	12	bidder	bidder	NOUN
cjal-3204	803	13	to	to	PART
cjal-3204	803	14	make	make	VERB
cjal-3204	803	15	a	a	DET
cjal-3204	803	16	substantial	substantial	ADJ
cjal-3204	803	17	deposit'0	deposit'0	NOUN
cjal-3204	803	18	3	3	NUM
cjal-3204	803	19	as	as	ADV
cjal-3204	803	20	much	much	ADJ
cjal-3204	803	21	as	as	ADP
cjal-3204	803	22	10	10	NUM
cjal-3204	803	23	%	%	NOUN
cjal-3204	803	24	to	to	PART
cjal-3204	803	25	20	20	NUM
cjal-3204	803	26	%	%	NOUN
cjal-3204	803	27	of	of	ADP
cjal-3204	803	28	the	the	DET
cjal-3204	803	29	total	total	ADJ
cjal-3204	803	30	price'04	price'04	NOUN
cjal-3204	803	31	on	on	ADP
cjal-3204	803	32	the	the	DET
cjal-3204	803	33	date	date	NOUN
cjal-3204	803	34	the	the	DET
cjal-3204	803	35	auction	auction	NOUN
cjal-3204	803	36	is	be	AUX
cjal-3204	803	37	held	hold	VERB
cjal-3204	803	38	,	,	PUNCT
cjal-3204	803	39	and	and	CCONJ
cjal-3204	803	40	to	to	PART
cjal-3204	803	41	pay	pay	VERB
cjal-3204	803	42	the	the	DET
cjal-3204	803	43	remainder	remainder	NOUN
cjal-3204	803	44	of	of	ADP
cjal-3204	803	45	the	the	DET
cjal-3204	803	46	price	price	NOUN
cjal-3204	803	47	within	within	ADP
cjal-3204	803	48	a	a	DET
cjal-3204	803	49	short	short	ADJ
cjal-3204	803	50	time	time	NOUN
cjal-3204	803	51	.	.	PUNCT
cjal-3204	804	1	the	the	DET
cjal-3204	804	2	deposit	deposit	NOUN
cjal-3204	804	3	must	must	AUX
cjal-3204	804	4	typically	typically	ADV
cjal-3204	804	5	be	be	AUX
cjal-3204	804	6	in	in	ADP
cjal-3204	804	7	"	"	PUNCT
cjal-3204	804	8	good	good	ADJ
cjal-3204	804	9	funds	fund	NOUN
cjal-3204	804	10	,	,	PUNCT
cjal-3204	804	11	"	"	PUNCT
cjal-3204	804	12	and	and	CCONJ
cjal-3204	804	13	a	a	DET
cjal-3204	804	14	personal	personal	ADJ
cjal-3204	804	15	check	check	NOUN
cjal-3204	804	16	is	be	AUX
cjal-3204	804	17	unlikely	unlikely	ADJ
cjal-3204	804	18	to	to	PART
cjal-3204	804	19	be	be	AUX
cjal-3204	804	20	acceptable	acceptable	ADJ
cjal-3204	804	21	.	.	PUNCT
cjal-3204	805	1	thus	thus	ADV
cjal-3204	805	2	,	,	PUNCT
cjal-3204	805	3	the	the	DET
cjal-3204	805	4	bidders	bidder	NOUN
cjal-3204	805	5	must	must	AUX
cjal-3204	805	6	come	come	VERB
cjal-3204	805	7	to	to	ADP
cjal-3204	805	8	the	the	DET
cjal-3204	805	9	auction	auction	NOUN
cjal-3204	805	10	armed	arm	VERB
cjal-3204	805	11	with	with	ADP
cjal-3204	805	12	letters	letter	NOUN
cjal-3204	805	13	of	of	ADP
cjal-3204	805	14	credit	credit	NOUN
cjal-3204	805	15	,	,	PUNCT
cjal-3204	805	16	cashiers	cashier	NOUN
cjal-3204	805	17	'	'	PART
cjal-3204	805	18	checks	check	NOUN
cjal-3204	805	19	,	,	PUNCT
cjal-3204	805	20	or	or	CCONJ
cjal-3204	805	21	the	the	DET
cjal-3204	805	22	like	like	ADJ
cjal-3204	805	23	,	,	PUNCT
cjal-3204	805	24	and	and	CCONJ
cjal-3204	805	25	must	must	AUX
cjal-3204	805	26	have	have	VERB
cjal-3204	805	27	pre	pre	VERB
cjal-3204	805	28	-	-	ADJ
cjal-3204	805	29	arranged	arranged	ADJ
cjal-3204	805	30	financing	financing	NOUN
cjal-3204	805	31	for	for	ADP
cjal-3204	805	32	the	the	DET
cjal-3204	805	33	rest	rest	NOUN
cjal-3204	805	34	of	of	ADP
cjal-3204	805	35	the	the	DET
cjal-3204	805	36	price	price	NOUN
cjal-3204	805	37	.	.	PUNCT
cjal-3204	806	1	05	05	NUM
cjal-3204	807	1	this	this	DET
cjal-3204	807	2	preparation	preparation	NOUN
cjal-3204	807	3	is	be	AUX
cjal-3204	807	4	a	a	DET
cjal-3204	807	5	considerable	considerable	ADJ
cjal-3204	807	6	effort	effort	NOUN
cjal-3204	807	7	for	for	ADP
cjal-3204	807	8	a	a	DET
cjal-3204	807	9	bidder	bidder	NOUN
cjal-3204	807	10	,	,	PUNCT
cjal-3204	807	11	particularly	particularly	ADV
cjal-3204	807	12	in	in	ADP
cjal-3204	807	13	light	light	NOUN
cjal-3204	807	14	of	of	ADP
cjal-3204	807	15	the	the	DET
cjal-3204	807	16	fact	fact	NOUN
cjal-3204	807	17	that	that	SCONJ
cjal-3204	807	18	no	no	DET
cjal-3204	807	19	individual	individual	ADJ
cjal-3204	807	20	bidder	bidder	NOUN
cjal-3204	807	21	has	have	AUX
cjal-3204	807	22	any	any	DET
cjal-3204	807	23	assurance	assurance	NOUN
cjal-3204	807	24	of	of	ADP
cjal-3204	807	25	prevailing	prevail	VERB
cjal-3204	807	26	at	at	ADP
cjal-3204	807	27	the	the	DET
cjal-3204	807	28	auction	auction	NOUN
cjal-3204	807	29	.	.	PUNCT
cjal-3204	808	1	only	only	ADV
cjal-3204	808	2	professionals	professional	NOUN
cjal-3204	808	3	or	or	CCONJ
cjal-3204	808	4	quite	quite	ADV
cjal-3204	808	5	dedicated	dedicated	ADJ
cjal-3204	808	6	and	and	CCONJ
cjal-3204	808	7	knowledgeable	knowledgeable	ADJ
cjal-3204	808	8	amateurs	amateur	NOUN
cjal-3204	808	9	are	be	AUX
cjal-3204	808	10	likely	likely	ADJ
cjal-3204	808	11	to	to	PART
cjal-3204	808	12	bid	bid	VERB
cjal-3204	808	13	.	.	PUNCT
cjal-3204	809	1	100	100	NUM
cjal-3204	809	2	.	.	PUNCT
cjal-3204	810	1	see	see	VERB
cjal-3204	810	2	alan	alan	PROPN
cjal-3204	810	3	r.	r.	PROPN
cjal-3204	810	4	kravets	kravets	PROPN
cjal-3204	810	5	,	,	PUNCT
cjal-3204	810	6	going	go	VERB
cjal-3204	810	7	,	,	PUNCT
cjal-3204	810	8	going	go	VERB
cjal-3204	810	9	,	,	PUNCT
cjal-3204	810	10	gone	go	VERB
cjal-3204	810	11	!	!	PUNCT
cjal-3204	811	1	real	real	ADJ
cjal-3204	811	2	estate	estate	NOUN
cjal-3204	811	3	auctions	auction	NOUN
cjal-3204	811	4	in	in	ADP
cjal-3204	811	5	the	the	DET
cjal-3204	811	6	90s	90	NOUN
cjal-3204	811	7	,	,	PUNCT
cjal-3204	811	8	probate	probate	NOUN
cjal-3204	811	9	and	and	CCONJ
cjal-3204	811	10	property	property	NOUN
cjal-3204	811	11	,	,	PUNCT
cjal-3204	811	12	may	may	AUX
cjal-3204	811	13	/	/	SYM
cjal-3204	811	14	june1993	june1993	PROPN
cjal-3204	811	15	,	,	PUNCT
cjal-3204	811	16	at	at	ADP
cjal-3204	811	17	38	38	NUM
cjal-3204	811	18	.	.	PUNCT
cjal-3204	812	1	101	101	NUM
cjal-3204	812	2	.	.	PUNCT
cjal-3204	813	1	see	see	VERB
cjal-3204	813	2	kravets	kravet	NOUN
cjal-3204	813	3	,	,	PUNCT
cjal-3204	813	4	supra	supra	PROPN
cjal-3204	813	5	note	note	PROPN
cjal-3204	813	6	100	100	NUM
cjal-3204	813	7	:	:	PUNCT
cjal-3204	813	8	"	"	PUNCT
cjal-3204	813	9	what	what	PRON
cjal-3204	813	10	contingencies	contingency	NOUN
cjal-3204	813	11	can	can	AUX
cjal-3204	813	12	a	a	DET
cjal-3204	813	13	prospective	prospective	ADJ
cjal-3204	813	14	purchaser	purchaser	NOUN
cjal-3204	813	15	put	put	VERB
cjal-3204	813	16	into	into	ADP
cjal-3204	813	17	the	the	DET
cjal-3204	813	18	sales	sale	NOUN
cjal-3204	813	19	contract	contract	NOUN
cjal-3204	813	20	?	?	PUNCT
cjal-3204	814	1	none	none	NOUN
cjal-3204	814	2	.	.	PUNCT
cjal-3204	815	1	the	the	DET
cjal-3204	815	2	prospective	prospective	ADJ
cjal-3204	815	3	purchaser	purchaser	NOUN
cjal-3204	815	4	does	do	AUX
cjal-3204	815	5	not	not	PART
cjal-3204	815	6	have	have	VERB
cjal-3204	815	7	the	the	DET
cjal-3204	815	8	ability	ability	NOUN
cjal-3204	815	9	to	to	PART
cjal-3204	815	10	renegotiate	renegotiate	VERB
cjal-3204	815	11	the	the	DET
cjal-3204	815	12	sales	sale	NOUN
cjal-3204	815	13	contract	contract	NOUN
cjal-3204	815	14	.	.	PUNCT
cjal-3204	816	1	this	this	PRON
cjal-3204	816	2	is	be	AUX
cjal-3204	816	3	why	why	SCONJ
cjal-3204	816	4	the	the	DET
cjal-3204	816	5	sales	sale	NOUN
cjal-3204	816	6	agreement	agreement	NOUN
cjal-3204	816	7	drafted	draft	VERB
cjal-3204	816	8	by	by	ADP
cjal-3204	816	9	the	the	DET
cjal-3204	816	10	seller	seller	NOUN
cjal-3204	816	11	has	have	VERB
cjal-3204	816	12	to	to	PART
cjal-3204	816	13	be	be	AUX
cjal-3204	816	14	fair	fair	ADJ
cjal-3204	816	15	and	and	CCONJ
cjal-3204	816	16	commercially	commercially	ADV
cjal-3204	816	17	reasonable	reasonable	ADJ
cjal-3204	816	18	.	.	PUNCT
cjal-3204	816	19	"	"	PUNCT
cjal-3204	817	1	102	102	NUM
cjal-3204	817	2	.	.	PUNCT
cjal-3204	817	3	steven	steven	PROPN
cjal-3204	817	4	l.	l.	PROPN
cjal-3204	817	5	grood	grood	PROPN
cjal-3204	817	6	&	&	CCONJ
cjal-3204	817	7	sheldon	sheldon	PROPN
cjal-3204	817	8	gottlieb	gottlieb	PROPN
cjal-3204	817	9	,	,	PUNCT
cjal-3204	817	10	real	real	ADJ
cjal-3204	817	11	estate	estate	NOUN
cjal-3204	817	12	auctions	auction	NOUN
cjal-3204	817	13	:	:	PUNCT
cjal-3204	817	14	a	a	DET
cjal-3204	817	15	guide	guide	NOUN
cjal-3204	817	16	for	for	ADP
cjal-3204	817	17	the	the	DET
cjal-3204	817	18	seller	seller	NOUN
cjal-3204	817	19	's	's	PART
cjal-3204	817	20	lanyer	lanyer	NOUN
cjal-3204	817	21	,	,	PUNCT
cjal-3204	817	22	probate	probate	NOUN
cjal-3204	817	23	&	&	CCONJ
cjal-3204	817	24	property	property	NOUN
cjal-3204	817	25	,	,	PUNCT
cjal-3204	817	26	septjoct.1988	septjoct.1988	PROPN
cjal-3204	817	27	,	,	PUNCT
cjal-3204	817	28	at	at	ADP
cjal-3204	817	29	41	41	NUM
cjal-3204	817	30	.	.	PUNCT
cjal-3204	817	31	103	103	NUM
cjal-3204	817	32	.	.	PUNCT
cjal-3204	818	1	hud	hud	PROPN
cjal-3204	818	2	requires	require	VERB
cjal-3204	818	3	only	only	ADV
cjal-3204	818	4	a	a	DET
cjal-3204	818	5	s2,000	s2,000	PROPN
cjal-3204	818	6	deposit	deposit	NOUN
cjal-3204	818	7	;	;	PUNCT
cjal-3204	818	8	see	see	VERB
cjal-3204	818	9	allen	allen	PROPN
cjal-3204	818	10	&	&	CCONJ
cjal-3204	818	11	swisher	swisher	PROPN
cjal-3204	818	12	,	,	PUNCT
cjal-3204	818	13	supra	supra	PROPN
cjal-3204	818	14	note	note	PROPN
cjal-3204	818	15	97	97	NUM
cjal-3204	818	16	,	,	PUNCT
cjal-3204	818	17	at	at	ADP
cjal-3204	818	18	282	282	NUM
cjal-3204	818	19	.	.	PUNCT
cjal-3204	819	1	cf	cf	NOUN
cjal-3204	819	2	.	.	PUNCT
cjal-3204	820	1	szymanski	szymanski	ADJ
cjal-3204	820	2	,	,	PUNCT
cjal-3204	820	3	supra	supra	PROPN
cjal-3204	820	4	note	note	NOUN
cjal-3204	820	5	98	98	NUM
cjal-3204	820	6	(	(	PUNCT
cjal-3204	820	7	$	$	SYM
cjal-3204	820	8	50,000	50,000	NUM
cjal-3204	820	9	deposit	deposit	NOUN
cjal-3204	820	10	required	require	VERB
cjal-3204	820	11	)	)	PUNCT
cjal-3204	820	12	.	.	PUNCT
cjal-3204	821	1	104	104	NUM
cjal-3204	821	2	.	.	PUNCT
cjal-3204	822	1	this	this	PRON
cjal-3204	822	2	is	be	AUX
cjal-3204	822	3	the	the	DET
cjal-3204	822	4	amount	amount	NOUN
cjal-3204	822	5	typically	typically	ADV
cjal-3204	822	6	required	require	VERB
cjal-3204	822	7	in	in	ADP
cjal-3204	822	8	house	house	NOUN
cjal-3204	822	9	auctions	auction	NOUN
cjal-3204	822	10	in	in	ADP
cjal-3204	822	11	new	new	PROPN
cjal-3204	822	12	zealand	zealand	PROPN
cjal-3204	822	13	;	;	PUNCT
cjal-3204	822	14	dotzour	dotzour	NOUN
cjal-3204	822	15	,	,	PUNCT
cjal-3204	822	16	supra	supra	PROPN
cjal-3204	822	17	note	note	NOUN
cjal-3204	822	18	92	92	NUM
cjal-3204	822	19	,	,	PUNCT
cjal-3204	822	20	at	at	ADP
cjal-3204	822	21	60	60	NUM
cjal-3204	822	22	and	and	CCONJ
cjal-3204	822	23	n.2	n.2	NOUN
cjal-3204	822	24	(	(	PUNCT
cjal-3204	822	25	1998	1998	NUM
cjal-3204	822	26	)	)	PUNCT
cjal-3204	822	27	.	.	PUNCT
cjal-3204	823	1	105	105	NUM
cjal-3204	823	2	.	.	PUNCT
cjal-3204	824	1	indeed	indeed	ADV
cjal-3204	824	2	,	,	PUNCT
cjal-3204	824	3	the	the	DET
cjal-3204	824	4	seller	seller	NOUN
cjal-3204	824	5	or	or	CCONJ
cjal-3204	824	6	auctioneer	auctioneer	NOUN
cjal-3204	824	7	may	may	AUX
cjal-3204	824	8	require	require	VERB
cjal-3204	824	9	bidders	bidder	NOUN
cjal-3204	824	10	to	to	PART
cjal-3204	824	11	produce	produce	VERB
cjal-3204	824	12	evidence	evidence	NOUN
cjal-3204	824	13	that	that	SCONJ
cjal-3204	824	14	they	they	PRON
cjal-3204	824	15	are	be	AUX
cjal-3204	824	16	prequalified	prequalifie	VERB
cjal-3204	824	17	for	for	ADP
cjal-3204	824	18	financing	financing	NOUN
cjal-3204	824	19	,	,	PUNCT
cjal-3204	824	20	in	in	ADP
cjal-3204	824	21	order	order	NOUN
cjal-3204	824	22	to	to	PART
cjal-3204	824	23	weed	weed	VERB
cjal-3204	824	24	out	out	ADP
cjal-3204	824	25	those	those	PRON
cjal-3204	824	26	who	who	PRON
cjal-3204	824	27	will	will	AUX
cjal-3204	824	28	be	be	AUX
cjal-3204	824	29	unable	unable	ADJ
cjal-3204	824	30	to	to	PART
cjal-3204	824	31	complete	complete	VERB
cjal-3204	824	32	the	the	DET
cjal-3204	824	33	purchase	purchase	NOUN
cjal-3204	824	34	if	if	SCONJ
cjal-3204	824	35	they	they	PRON
cjal-3204	824	36	are	be	AUX
cjal-3204	824	37	successful	successful	ADJ
cjal-3204	824	38	bidders	bidder	NOUN
cjal-3204	824	39	.	.	PUNCT
cjal-3204	825	1	see	see	VERB
cjal-3204	825	2	doug	doug	PROPN
cjal-3204	825	3	leduc	leduc	PROPN
cjal-3204	825	4	,	,	PUNCT
cjal-3204	825	5	indiana	indiana	PROPN
cjal-3204	825	6	real	real	ADJ
cjal-3204	825	7	estate	estate	NOUN
cjal-3204	825	8	giants	giant	NOUN
cjal-3204	825	9	to	to	PART
cjal-3204	825	10	join	join	VERB
cjal-3204	825	11	in	in	ADP
cjal-3204	825	12	huge	huge	ADJ
cjal-3204	825	13	real	real	ADJ
cjal-3204	825	14	estate	estate	NOUN
cjal-3204	825	15	auction	auction	NOUN
cjal-3204	825	16	,	,	PUNCT
cjal-3204	825	17	ft	ft	PROPN
cjal-3204	825	18	.	.	NOUN
cjal-3204	825	19	waynenews	waynenews	NOUN
cjal-3204	825	20	-	-	PUNCT
cjal-3204	825	21	sentinel	sentinel	NOUN
cjal-3204	825	22	,	,	PUNCT
cjal-3204	825	23	mar	mar	PROPN
cjal-3204	825	24	.	.	PROPN
cjal-3204	825	25	6	6	NUM
cjal-3204	825	26	,	,	PUNCT
cjal-3204	825	27	2001	2001	NUM
cjal-3204	825	28	,	,	PUNCT
cjal-3204	825	29	available	available	ADJ
cjal-3204	825	30	at	at	ADP
cjal-3204	825	31	2001	2001	NUM
cjal-3204	825	32	wel	wel	PROPN
cjal-3204	825	33	15016294	15016294	NUM
cjal-3204	825	34	.	.	PUNCT
cjal-3204	826	1	in	in	ADP
cjal-3204	826	2	its	its	PRON
cjal-3204	826	3	auctions	auction	NOUN
cjal-3204	826	4	of	of	ADP
cjal-3204	826	5	foreclosed	foreclose	VERB
cjal-3204	826	6	houses	house	NOUN
cjal-3204	826	7	,	,	PUNCT
cjal-3204	826	8	hud	hud	PROPN
cjal-3204	826	9	requires	require	VERB
cjal-3204	826	10	bidders	bidder	NOUN
cjal-3204	826	11	to	to	PART
cjal-3204	826	12	have	have	AUX
cjal-3204	826	13	prequalified	prequalifie	VERB
cjal-3204	826	14	for	for	ADP
cjal-3204	826	15	purchase	purchase	NOUN
cjal-3204	826	16	financing	financing	NOUN
cjal-3204	826	17	;	;	PUNCT
cjal-3204	826	18	see	see	VERB
cjal-3204	826	19	allen	allen	PROPN
cjal-3204	826	20	,	,	PUNCT
cjal-3204	826	21	supra	supra	PROPN
cjal-3204	826	22	note	note	NOUN
cjal-3204	826	23	97	97	NUM
cjal-3204	826	24	.	.	PUNCT
cjal-3204	826	25	2001	2001	NUM
cjal-3204	826	26	]	]	PUNCT
cjal-3204	826	27	columbia	columbia	PROPN
cjal-3204	826	28	journal	journal	PROPN
cjal-3204	826	29	of	of	ADP
cjal-3204	826	30	asian	asian	ADJ
cjal-3204	826	31	law	law	NOUN
cjal-3204	826	32	the	the	DET
cjal-3204	826	33	sort	sort	NOUN
cjal-3204	826	34	of	of	ADP
cjal-3204	826	35	standardized	standardized	ADJ
cjal-3204	826	36	contract	contract	NOUN
cjal-3204	826	37	that	that	PRON
cjal-3204	826	38	is	be	AUX
cjal-3204	826	39	inherent	inherent	ADJ
cjal-3204	826	40	in	in	ADP
cjal-3204	826	41	auctions	auction	NOUN
cjal-3204	826	42	argues	argue	VERB
cjal-3204	826	43	against	against	ADP
cjal-3204	826	44	their	their	PRON
cjal-3204	826	45	use	use	NOUN
cjal-3204	826	46	for	for	ADP
cjal-3204	826	47	some	some	DET
cjal-3204	826	48	types	type	NOUN
cjal-3204	826	49	of	of	ADP
cjal-3204	826	50	properties	property	NOUN
cjal-3204	826	51	those	those	PRON
cjal-3204	826	52	in	in	ADP
cjal-3204	826	53	which	which	PRON
cjal-3204	826	54	individual	individual	ADJ
cjal-3204	826	55	negotiation	negotiation	NOUN
cjal-3204	826	56	is	be	AUX
cjal-3204	826	57	desirable	desirable	ADJ
cjal-3204	826	58	to	to	PART
cjal-3204	826	59	deal	deal	VERB
cjal-3204	826	60	with	with	ADP
cjal-3204	826	61	idiosyncratic	idiosyncratic	ADJ
cjal-3204	826	62	problems	problem	NOUN
cjal-3204	826	63	.	.	PUNCT
cjal-3204	827	1	for	for	ADP
cjal-3204	827	2	example	example	NOUN
cjal-3204	827	3	,	,	PUNCT
cjal-3204	827	4	if	if	SCONJ
cjal-3204	827	5	the	the	DET
cjal-3204	827	6	property	property	NOUN
cjal-3204	827	7	is	be	AUX
cjal-3204	827	8	in	in	ADP
cjal-3204	827	9	poor	poor	ADJ
cjal-3204	827	10	physical	physical	ADJ
cjal-3204	827	11	condition	condition	NOUN
cjal-3204	827	12	,	,	PUNCT
cjal-3204	827	13	has	have	VERB
cjal-3204	827	14	structural	structural	ADJ
cjal-3204	827	15	problems	problem	NOUN
cjal-3204	827	16	,	,	PUNCT
cjal-3204	827	17	or	or	CCONJ
cjal-3204	827	18	is	be	AUX
cjal-3204	827	19	contaminated	contaminate	VERB
cjal-3204	827	20	with	with	ADP
cjal-3204	827	21	hazardous	hazardous	ADJ
cjal-3204	827	22	waste	waste	NOUN
cjal-3204	827	23	,	,	PUNCT
cjal-3204	827	24	an	an	DET
cjal-3204	827	25	auction	auction	NOUN
cjal-3204	827	26	provides	provide	VERB
cjal-3204	827	27	no	no	DET
cjal-3204	827	28	way	way	NOUN
cjal-3204	827	29	for	for	SCONJ
cjal-3204	827	30	an	an	DET
cjal-3204	827	31	individual	individual	ADJ
cjal-3204	827	32	buyer	buyer	NOUN
cjal-3204	827	33	to	to	PART
cjal-3204	827	34	arrange	arrange	VERB
cjal-3204	827	35	for	for	ADP
cjal-3204	827	36	extra	extra	ADJ
cjal-3204	827	37	inspections	inspection	NOUN
cjal-3204	827	38	or	or	CCONJ
cjal-3204	827	39	engineering	engineering	NOUN
cjal-3204	827	40	studies	study	NOUN
cjal-3204	827	41	,	,	PUNCT
cjal-3204	827	42	the	the	DET
cjal-3204	827	43	creation	creation	NOUN
cjal-3204	827	44	of	of	ADP
cjal-3204	827	45	an	an	DET
cjal-3204	827	46	escrowed	escrowe	VERB
cjal-3204	827	47	fund	fund	NOUN
cjal-3204	827	48	to	to	PART
cjal-3204	827	49	cover	cover	VERB
cjal-3204	827	50	the	the	DET
cjal-3204	827	51	costs	cost	NOUN
cjal-3204	827	52	of	of	ADP
cjal-3204	827	53	remediation	remediation	NOUN
cjal-3204	827	54	,	,	PUNCT
cjal-3204	827	55	or	or	CCONJ
cjal-3204	827	56	other	other	ADJ
cjal-3204	827	57	creative	creative	ADJ
cjal-3204	827	58	solutions	solution	NOUN
cjal-3204	827	59	.	.	PUNCT
cjal-3204	828	1	0	0	NUM
cjal-3204	828	2	6	6	NUM
cjal-3204	828	3	in	in	ADP
cjal-3204	828	4	these	these	DET
cjal-3204	828	5	situations	situation	NOUN
cjal-3204	828	6	,	,	PUNCT
cjal-3204	828	7	one	one	PRON
cjal-3204	828	8	would	would	AUX
cjal-3204	828	9	expect	expect	VERB
cjal-3204	828	10	an	an	DET
cjal-3204	828	11	auction	auction	NOUN
cjal-3204	828	12	to	to	PART
cjal-3204	828	13	perform	perform	VERB
cjal-3204	828	14	relatively	relatively	ADV
cjal-3204	828	15	poorly	poorly	ADV
cjal-3204	828	16	in	in	ADP
cjal-3204	828	17	terms	term	NOUN
cjal-3204	828	18	of	of	ADP
cjal-3204	828	19	price	price	NOUN
cjal-3204	828	20	maximization	maximization	NOUN
cjal-3204	828	21	,	,	PUNCT
cjal-3204	828	22	as	as	SCONJ
cjal-3204	828	23	bidders	bidder	NOUN
cjal-3204	828	24	build	build	VERB
cjal-3204	828	25	"	"	PUNCT
cjal-3204	828	26	worst	bad	ADJ
cjal-3204	828	27	-	-	PUNCT
cjal-3204	828	28	case	case	NOUN
cjal-3204	828	29	"	"	PUNCT
cjal-3204	828	30	estimates	estimate	NOUN
cjal-3204	828	31	of	of	ADP
cjal-3204	828	32	future	future	ADJ
cjal-3204	828	33	expenses	expense	NOUN
cjal-3204	828	34	into	into	ADP
cjal-3204	828	35	their	their	PRON
cjal-3204	828	36	bids	bid	NOUN
cjal-3204	828	37	.	.	PUNCT
cjal-3204	829	1	empirical	empirical	ADJ
cjal-3204	829	2	evidence	evidence	NOUN
cjal-3204	829	3	on	on	ADP
cjal-3204	829	4	the	the	DET
cjal-3204	829	5	capacity	capacity	NOUN
cjal-3204	829	6	of	of	ADP
cjal-3204	829	7	auctions	auction	NOUN
cjal-3204	829	8	to	to	PART
cjal-3204	829	9	bring	bring	VERB
cjal-3204	829	10	"	"	PUNCT
cjal-3204	829	11	true	true	ADJ
cjal-3204	829	12	"	"	PUNCT
cjal-3204	829	13	market	market	NOUN
cjal-3204	829	14	prices	price	NOUN
cjal-3204	829	15	varies	vary	VERB
cjal-3204	829	16	.	.	PUNCT
cjal-3204	830	1	the	the	DET
cjal-3204	830	2	effectiveness	effectiveness	NOUN
cjal-3204	830	3	of	of	ADP
cjal-3204	830	4	auctions	auction	NOUN
cjal-3204	830	5	probably	probably	ADV
cjal-3204	830	6	depends	depend	VERB
cjal-3204	830	7	on	on	ADP
cjal-3204	830	8	the	the	DET
cjal-3204	830	9	culture	culture	NOUN
cjal-3204	830	10	of	of	ADP
cjal-3204	830	11	the	the	DET
cjal-3204	830	12	marketplace	marketplace	NOUN
cjal-3204	830	13	.	.	PUNCT
cjal-3204	831	1	in	in	ADP
cjal-3204	831	2	most	most	ADJ
cjal-3204	831	3	areas	area	NOUN
cjal-3204	831	4	of	of	ADP
cjal-3204	831	5	the	the	DET
cjal-3204	831	6	world	world	NOUN
cjal-3204	831	7	,	,	PUNCT
cjal-3204	831	8	real	real	ADJ
cjal-3204	831	9	estate	estate	NOUN
cjal-3204	831	10	sales	sale	NOUN
cjal-3204	831	11	by	by	ADP
cjal-3204	831	12	private	private	ADJ
cjal-3204	831	13	negotiation	negotiation	NOUN
cjal-3204	831	14	far	far	ADV
cjal-3204	831	15	outnumber	outnumber	ADV
cjal-3204	831	16	sales	sale	NOUN
cjal-3204	831	17	by	by	ADP
cjal-3204	831	18	auction.10	auction.10	NOUN
cjal-3204	831	19	7	7	NUM
cjal-3204	831	20	however	however	ADV
cjal-3204	831	21	,	,	PUNCT
cjal-3204	831	22	there	there	PRON
cjal-3204	831	23	are	be	VERB
cjal-3204	831	24	exceptions	exception	NOUN
cjal-3204	831	25	.	.	PUNCT
cjal-3204	832	1	in	in	ADP
cjal-3204	832	2	some	some	DET
cjal-3204	832	3	parts	part	NOUN
cjal-3204	832	4	of	of	ADP
cjal-3204	832	5	australia	australia	PROPN
cjal-3204	832	6	and	and	CCONJ
cjal-3204	832	7	new	new	PROPN
cjal-3204	832	8	zealand	zealand	PROPN
cjal-3204	832	9	,	,	PUNCT
cjal-3204	832	10	auctions	auction	NOUN
cjal-3204	832	11	are	be	AUX
cjal-3204	832	12	often	often	ADV
cjal-3204	832	13	employed	employ	VERB
cjal-3204	832	14	to	to	PART
cjal-3204	832	15	sell	sell	VERB
cjal-3204	832	16	desirable	desirable	ADJ
cjal-3204	832	17	high	high	ADJ
cjal-3204	832	18	-	-	PUNCT
cjal-3204	832	19	quality	quality	NOUN
cjal-3204	832	20	houses	house	NOUN
cjal-3204	832	21	.	.	PUNCT
cjal-3204	833	1	0	0	NUM
cjal-3204	833	2	8	8	NUM
cjal-3204	833	3	the	the	DET
cjal-3204	833	4	practice	practice	NOUN
cjal-3204	833	5	is	be	AUX
cjal-3204	833	6	well	well	ADV
cjal-3204	833	7	established	establish	VERB
cjal-3204	833	8	there	there	ADV
cjal-3204	833	9	,	,	PUNCT
cjal-3204	833	10	and	and	CCONJ
cjal-3204	833	11	the	the	DET
cjal-3204	833	12	reported	report	VERB
cjal-3204	833	13	evidence	evidence	NOUN
cjal-3204	833	14	indicates	indicate	VERB
cjal-3204	833	15	that	that	SCONJ
cjal-3204	833	16	those	those	DET
cjal-3204	833	17	auctions	auction	NOUN
cjal-3204	833	18	produce	produce	VERB
cjal-3204	833	19	prices	price	NOUN
cjal-3204	833	20	commanding	command	VERB
cjal-3204	833	21	a	a	DET
cjal-3204	833	22	significant	significant	ADJ
cjal-3204	833	23	premium	premium	NOUN
cjal-3204	833	24	over	over	ADP
cjal-3204	833	25	negotiated	negotiate	VERB
cjal-3204	833	26	sale	sale	NOUN
cjal-3204	833	27	prices.109	prices.109	ADJ
cjal-3204	833	28	on	on	ADP
cjal-3204	833	29	the	the	DET
cjal-3204	833	30	other	other	ADJ
cjal-3204	833	31	hand	hand	NOUN
cjal-3204	833	32	,	,	PUNCT
cjal-3204	833	33	studies	study	NOUN
cjal-3204	833	34	of	of	ADP
cjal-3204	833	35	auctions	auction	NOUN
cjal-3204	833	36	in	in	ADP
cjal-3204	833	37	the	the	DET
cjal-3204	833	38	united	united	PROPN
cjal-3204	833	39	states	states	PROPN
cjal-3204	833	40	suggest	suggest	VERB
cjal-3204	833	41	that	that	SCONJ
cjal-3204	833	42	they	they	PRON
cjal-3204	833	43	nearly	nearly	ADV
cjal-3204	833	44	always	always	ADV
cjal-3204	833	45	produce	produce	VERB
cjal-3204	833	46	selling	sell	VERB
cjal-3204	833	47	prices	price	NOUN
cjal-3204	833	48	lower	low	ADJ
cjal-3204	833	49	than	than	SCONJ
cjal-3204	833	50	would	would	AUX
cjal-3204	833	51	be	be	AUX
cjal-3204	833	52	obtained	obtain	VERB
cjal-3204	833	53	by	by	ADP
cjal-3204	833	54	conventional	conventional	ADJ
cjal-3204	833	55	marketing	marketing	NOUN
cjal-3204	833	56	methods	method	NOUN
cjal-3204	833	57	.	.	PUNCT
cjal-3204	833	58	"	"	PUNCT
cjal-3204	834	1	t0	t0	NOUN
cjal-3204	834	2	the	the	DET
cjal-3204	834	3	discount	discount	NOUN
cjal-3204	834	4	borne	bear	VERB
cjal-3204	834	5	by	by	ADP
cjal-3204	834	6	the	the	DET
cjal-3204	834	7	seller	seller	NOUN
cjal-3204	834	8	in	in	ADP
cjal-3204	834	9	an	an	DET
cjal-3204	834	10	auction	auction	NOUN
cjal-3204	834	11	in	in	ADP
cjal-3204	834	12	america	america	PROPN
cjal-3204	834	13	varies	vary	VERB
cjal-3204	834	14	;	;	PUNCT
cjal-3204	834	15	it	it	PRON
cjal-3204	834	16	tends	tend	VERB
cjal-3204	834	17	to	to	PART
cjal-3204	834	18	be	be	AUX
cjal-3204	834	19	greatest	great	ADJ
cjal-3204	834	20	when	when	SCONJ
cjal-3204	834	21	low	low	ADJ
cjal-3204	834	22	-	-	PUNCT
cjal-3204	834	23	quality	quality	NOUN
cjal-3204	834	24	properties	property	NOUN
cjal-3204	834	25	are	be	AUX
cjal-3204	834	26	sold	sell	VERB
cjal-3204	834	27	in	in	ADP
cjal-3204	834	28	weak	weak	ADJ
cjal-3204	834	29	markets	market	NOUN
cjal-3204	834	30	,	,	PUNCT
cjal-3204	834	31	and	and	CCONJ
cjal-3204	834	32	to	to	PART
cjal-3204	834	33	be	be	AUX
cjal-3204	834	34	106	106	NUM
cjal-3204	834	35	.	.	PUNCT
cjal-3204	835	1	see	see	VERB
cjal-3204	835	2	lusht	lusht	NOUN
cjal-3204	835	3	,	,	PUNCT
cjal-3204	835	4	a	a	DET
cjal-3204	835	5	comparison	comparison	NOUN
cjal-3204	835	6	of	of	ADP
cjal-3204	835	7	prices	price	NOUN
cjal-3204	835	8	brought	bring	VERB
cjal-3204	835	9	by	by	ADP
cjal-3204	835	10	english	english	ADJ
cjal-3204	835	11	auctions	auction	NOUN
cjal-3204	835	12	and	and	CCONJ
cjal-3204	835	13	private	private	ADJ
cjal-3204	835	14	negotiations	negotiation	NOUN
cjal-3204	835	15	,	,	PUNCT
cjal-3204	835	16	24	24	NUM
cjal-3204	835	17	real	real	ADJ
cjal-3204	835	18	est	est	NOUN
cjal-3204	835	19	.	.	PUNCT
cjal-3204	836	1	eco	eco	PROPN
cjal-3204	836	2	.	.	PUNCT
cjal-3204	837	1	517	517	NUM
cjal-3204	837	2	(	(	PUNCT
cjal-3204	837	3	1996	1996	NUM
cjal-3204	837	4	)	)	PUNCT
cjal-3204	837	5	;	;	PUNCT
cjal-3204	837	6	mayer	mayer	PROPN
cjal-3204	837	7	,	,	PUNCT
cjal-3204	837	8	supra	supra	PROPN
cjal-3204	837	9	note	note	VERB
cjal-3204	837	10	95	95	NUM
cjal-3204	837	11	(	(	PUNCT
cjal-3204	837	12	single	single	ADJ
cjal-3204	837	13	-	-	PUNCT
cjal-3204	837	14	site	site	NOUN
cjal-3204	837	15	auctions	auction	NOUN
cjal-3204	837	16	,	,	PUNCT
cjal-3204	837	17	typically	typically	ADV
cjal-3204	837	18	involving	involve	VERB
cjal-3204	837	19	clustered	clustered	ADJ
cjal-3204	837	20	groups	group	NOUN
cjal-3204	837	21	of	of	ADP
cjal-3204	837	22	new	new	ADJ
cjal-3204	837	23	or	or	CCONJ
cjal-3204	837	24	relatively	relatively	ADV
cjal-3204	837	25	new	new	ADJ
cjal-3204	837	26	houses	house	NOUN
cjal-3204	837	27	,	,	PUNCT
cjal-3204	837	28	resulted	result	VERB
cjal-3204	837	29	in	in	ADP
cjal-3204	837	30	discounts	discount	NOUN
cjal-3204	837	31	below	below	ADP
cjal-3204	837	32	expected	expect	VERB
cjal-3204	837	33	negotiated	negotiate	VERB
cjal-3204	837	34	sale	sale	NOUN
cjal-3204	837	35	prices	price	NOUN
cjal-3204	837	36	that	that	PRON
cjal-3204	837	37	were	be	AUX
cjal-3204	837	38	much	much	ADV
cjal-3204	837	39	smaller	small	ADJ
cjal-3204	837	40	than	than	ADP
cjal-3204	837	41	scattered	scatter	VERB
cjal-3204	837	42	-	-	PUNCT
cjal-3204	837	43	site	site	NOUN
cjal-3204	837	44	auctions	auction	NOUN
cjal-3204	837	45	involving	involve	VERB
cjal-3204	837	46	older	old	ADJ
cjal-3204	837	47	,	,	PUNCT
cjal-3204	837	48	more	more	ADV
cjal-3204	837	49	heterogeneous	heterogeneous	ADJ
cjal-3204	837	50	groups	group	NOUN
cjal-3204	837	51	of	of	ADP
cjal-3204	837	52	houses	house	NOUN
cjal-3204	837	53	)	)	PUNCT
cjal-3204	837	54	.	.	PUNCT
cjal-3204	838	1	107	107	NUM
cjal-3204	838	2	.	.	PUNCT
cjal-3204	839	1	lusht	lusht	PROPN
cjal-3204	839	2	,	,	PUNCT
cjal-3204	839	3	supra	supra	PROPN
cjal-3204	839	4	note	note	PROPN
cjal-3204	839	5	106	106	NUM
cjal-3204	839	6	,	,	PUNCT
cjal-3204	839	7	notes	note	VERB
cjal-3204	839	8	that	that	SCONJ
cjal-3204	839	9	auctions	auction	NOUN
cjal-3204	839	10	are	be	AUX
cjal-3204	839	11	least	least	ADV
cjal-3204	839	12	likely	likely	ADJ
cjal-3204	839	13	to	to	PART
cjal-3204	839	14	be	be	AUX
cjal-3204	839	15	used	use	VERB
cjal-3204	839	16	in	in	ADP
cjal-3204	839	17	melbourne	melbourne	NOUN
cjal-3204	839	18	for	for	ADP
cjal-3204	839	19	older	old	ADJ
cjal-3204	839	20	houses	house	NOUN
cjal-3204	839	21	and	and	CCONJ
cjal-3204	839	22	those	those	PRON
cjal-3204	839	23	in	in	ADP
cjal-3204	839	24	poor	poor	ADJ
cjal-3204	839	25	condition	condition	NOUN
cjal-3204	839	26	.	.	PUNCT
cjal-3204	840	1	in	in	ADP
cjal-3204	840	2	the	the	DET
cjal-3204	840	3	united	united	PROPN
cjal-3204	840	4	states	states	PROPN
cjal-3204	840	5	,	,	PUNCT
cjal-3204	840	6	hud	hud	PROPN
cjal-3204	840	7	auctions	auction	NOUN
cjal-3204	840	8	of	of	ADP
cjal-3204	840	9	previouslyforeclosed	previouslyforeclose	VERB
cjal-3204	840	10	houses	house	NOUN
cjal-3204	840	11	may	may	AUX
cjal-3204	840	12	include	include	VERB
cjal-3204	840	13	an	an	DET
cjal-3204	840	14	escrowed	escrowe	VERB
cjal-3204	840	15	fund	fund	NOUN
cjal-3204	840	16	for	for	ADP
cjal-3204	840	17	repairs	repair	NOUN
cjal-3204	840	18	,	,	PUNCT
cjal-3204	840	19	but	but	CCONJ
cjal-3204	840	20	the	the	DET
cjal-3204	840	21	amount	amount	NOUN
cjal-3204	840	22	is	be	AUX
cjal-3204	840	23	set	set	VERB
cjal-3204	840	24	by	by	ADP
cjal-3204	840	25	hud	hud	PROPN
cjal-3204	840	26	and	and	CCONJ
cjal-3204	840	27	may	may	AUX
cjal-3204	840	28	or	or	CCONJ
cjal-3204	840	29	may	may	AUX
cjal-3204	840	30	not	not	PART
cjal-3204	840	31	be	be	AUX
cjal-3204	840	32	satisfactory	satisfactory	ADJ
cjal-3204	840	33	to	to	ADP
cjal-3204	840	34	a	a	DET
cjal-3204	840	35	particular	particular	ADJ
cjal-3204	840	36	bidder	bidder	NOUN
cjal-3204	840	37	;	;	PUNCT
cjal-3204	840	38	any	any	DET
cjal-3204	840	39	cost	cost	NOUN
cjal-3204	840	40	overages	overage	NOUN
cjal-3204	840	41	must	must	AUX
cjal-3204	840	42	be	be	AUX
cjal-3204	840	43	borne	bear	VERB
cjal-3204	840	44	by	by	ADP
cjal-3204	840	45	the	the	DET
cjal-3204	840	46	buyer	buyer	NOUN
cjal-3204	840	47	.	.	PUNCT
cjal-3204	841	1	see	see	VERB
cjal-3204	841	2	allen	allen	PROPN
cjal-3204	841	3	&	&	CCONJ
cjal-3204	841	4	swisher	swisher	PROPN
cjal-3204	841	5	,	,	PUNCT
cjal-3204	841	6	supra	supra	PROPN
cjal-3204	841	7	note	note	PROPN
cjal-3204	841	8	97	97	NUM
cjal-3204	841	9	,	,	PUNCT
cjal-3204	841	10	at	at	ADP
cjal-3204	841	11	282	282	NUM
cjal-3204	841	12	.	.	NOUN
cjal-3204	841	13	108	108	NUM
cjal-3204	841	14	.	.	PUNCT
cjal-3204	842	1	lusht	lusht	PROPN
cjal-3204	842	2	,	,	PUNCT
cjal-3204	842	3	supra	supra	PROPN
cjal-3204	842	4	note	note	PROPN
cjal-3204	842	5	106	106	NUM
cjal-3204	842	6	,	,	PUNCT
cjal-3204	842	7	reports	report	VERB
cjal-3204	842	8	that	that	SCONJ
cjal-3204	842	9	in	in	ADP
cjal-3204	842	10	1988	1988	NUM
cjal-3204	842	11	about	about	ADP
cjal-3204	842	12	50	50	NUM
cjal-3204	842	13	%	%	NOUN
cjal-3204	842	14	of	of	ADP
cjal-3204	842	15	the	the	DET
cjal-3204	842	16	houses	house	NOUN
cjal-3204	842	17	shown	show	VERB
cjal-3204	842	18	for	for	ADP
cjal-3204	842	19	sale	sale	NOUN
cjal-3204	842	20	in	in	ADP
cjal-3204	842	21	classified	classified	ADJ
cjal-3204	842	22	advertisements	advertisement	NOUN
cjal-3204	842	23	in	in	ADP
cjal-3204	842	24	melbourne	melbourne	PROPN
cjal-3204	842	25	were	be	AUX
cjal-3204	842	26	listed	list	VERB
cjal-3204	842	27	for	for	ADP
cjal-3204	842	28	sale	sale	NOUN
cjal-3204	842	29	by	by	ADP
cjal-3204	842	30	auction	auction	NOUN
cjal-3204	842	31	.	.	PUNCT
cjal-3204	843	1	109	109	NUM
cjal-3204	843	2	.	.	PUNCT
cjal-3204	844	1	see	see	VERB
cjal-3204	844	2	dotzour	dotzour	INTJ
cjal-3204	844	3	et	et	PROPN
cjal-3204	844	4	al	al	PROPN
cjal-3204	844	5	,	,	PUNCT
cjal-3204	844	6	supra	supra	PROPN
cjal-3204	844	7	note	note	VERB
cjal-3204	844	8	92	92	NUM
cjal-3204	844	9	(	(	PUNCT
cjal-3204	844	10	auctioned	auction	VERB
cjal-3204	844	11	houses	house	NOUN
cjal-3204	844	12	sold	sell	VERB
cjal-3204	844	13	for	for	ADP
cjal-3204	844	14	a	a	DET
cjal-3204	844	15	premium	premium	NOUN
cjal-3204	844	16	of	of	ADP
cjal-3204	844	17	5.9	5.9	NUM
cjal-3204	844	18	%	%	NOUN
cjal-3204	844	19	to	to	ADP
cjal-3204	844	20	9.5	9.5	NUM
cjal-3204	844	21	%	%	NOUN
cjal-3204	844	22	over	over	ADP
cjal-3204	844	23	houses	house	NOUN
cjal-3204	844	24	sold	sell	VERB
cjal-3204	844	25	by	by	ADP
cjal-3204	844	26	negotiation	negotiation	NOUN
cjal-3204	844	27	in	in	ADP
cjal-3204	844	28	highly	highly	ADV
cjal-3204	844	29	desirable	desirable	ADJ
cjal-3204	844	30	areas	area	NOUN
cjal-3204	844	31	of	of	ADP
cjal-3204	844	32	christchurch	christchurch	PROPN
cjal-3204	844	33	,	,	PUNCT
cjal-3204	844	34	new	new	PROPN
cjal-3204	844	35	zealand	zealand	PROPN
cjal-3204	844	36	)	)	PUNCT
cjal-3204	844	37	;	;	PUNCT
cjal-3204	844	38	lusht	lusht	PROPN
cjal-3204	844	39	,	,	PUNCT
cjal-3204	844	40	supra	supra	PROPN
cjal-3204	844	41	note	note	NOUN
cjal-3204	844	42	30	30	NUM
cjal-3204	844	43	(	(	PUNCT
cjal-3204	844	44	auctioned	auction	VERB
cjal-3204	844	45	houses	house	NOUN
cjal-3204	844	46	sold	sell	VERB
cjal-3204	844	47	for	for	ADP
cjal-3204	844	48	a	a	DET
cjal-3204	844	49	premium	premium	NOUN
cjal-3204	844	50	of	of	ADP
cjal-3204	844	51	about	about	ADV
cjal-3204	844	52	8	8	NUM
cjal-3204	844	53	%	%	NOUN
cjal-3204	844	54	over	over	ADP
cjal-3204	844	55	houses	house	NOUN
cjal-3204	844	56	sold	sell	VERB
cjal-3204	844	57	by	by	ADP
cjal-3204	844	58	negotiation	negotiation	NOUN
cjal-3204	844	59	in	in	ADP
cjal-3204	844	60	middle	middle	NOUN
cjal-3204	844	61	-	-	PUNCT
cjal-3204	844	62	priced	price	VERB
cjal-3204	844	63	to	to	ADP
cjal-3204	844	64	high	high	ADV
cjal-3204	844	65	-	-	PUNCT
cjal-3204	844	66	priced	price	VERB
cjal-3204	844	67	areas	area	NOUN
cjal-3204	844	68	of	of	ADP
cjal-3204	844	69	melbourne	melbourne	PROPN
cjal-3204	844	70	,	,	PUNCT
cjal-3204	844	71	australia	australia	PROPN
cjal-3204	844	72	)	)	PUNCT
cjal-3204	844	73	.	.	PUNCT
cjal-3204	845	1	110	110	NUM
cjal-3204	845	2	.	.	PUNCT
cjal-3204	845	3	see	see	VERB
cjal-3204	845	4	allen	allen	PROPN
cjal-3204	845	5	&	&	CCONJ
cjal-3204	845	6	swisher	swisher	PROPN
cjal-3204	845	7	,	,	PUNCT
cjal-3204	845	8	supra	supra	PROPN
cjal-3204	845	9	note	note	PROPN
cjal-3204	845	10	97	97	NUM
cjal-3204	845	11	,	,	PUNCT
cjal-3204	845	12	at	at	ADP
cjal-3204	845	13	285	285	NUM
cjal-3204	845	14	(	(	PUNCT
cjal-3204	845	15	auctions	auction	NOUN
cjal-3204	845	16	of	of	ADP
cjal-3204	845	17	hud	hud	PROPN
cjal-3204	845	18	-	-	PUNCT
cjal-3204	845	19	owned	own	VERB
cjal-3204	845	20	houses	house	NOUN
cjal-3204	845	21	in	in	ADP
cjal-3204	845	22	florida	florida	PROPN
cjal-3204	845	23	produced	produce	VERB
cjal-3204	845	24	prices	price	NOUN
cjal-3204	845	25	17.45	17.45	NUM
cjal-3204	845	26	%	%	NOUN
cjal-3204	845	27	below	below	ADP
cjal-3204	845	28	predicted	predict	VERB
cjal-3204	845	29	market	market	NOUN
cjal-3204	845	30	values	value	NOUN
cjal-3204	845	31	,	,	PUNCT
cjal-3204	845	32	with	with	ADP
cjal-3204	845	33	greater	great	ADJ
cjal-3204	845	34	disparities	disparity	NOUN
cjal-3204	845	35	on	on	ADP
cjal-3204	845	36	the	the	DET
cjal-3204	845	37	west	west	PROPN
cjal-3204	845	38	coast	coast	PROPN
cjal-3204	845	39	of	of	ADP
cjal-3204	845	40	florida	florida	PROPN
cjal-3204	845	41	and	and	CCONJ
cjal-3204	845	42	smaller	small	ADJ
cjal-3204	845	43	disparities	disparity	NOUN
cjal-3204	845	44	in	in	ADP
cjal-3204	845	45	miami	miami	PROPN
cjal-3204	845	46	-	-	PUNCT
cjal-3204	845	47	dade	dade	PROPN
cjal-3204	845	48	county	county	PROPN
cjal-3204	845	49	)	)	PUNCT
cjal-3204	845	50	;	;	PUNCT
cjal-3204	845	51	mayer	mayer	PROPN
cjal-3204	845	52	,	,	PUNCT
cjal-3204	845	53	supra	supra	PROPN
cjal-3204	845	54	note	note	VERB
cjal-3204	845	55	95	95	NUM
cjal-3204	845	56	(	(	PUNCT
cjal-3204	845	57	auctions	auction	NOUN
cjal-3204	845	58	of	of	ADP
cjal-3204	845	59	houses	house	NOUN
cjal-3204	845	60	in	in	ADP
cjal-3204	845	61	a	a	DET
cjal-3204	845	62	strong	strong	ADJ
cjal-3204	845	63	market	market	NOUN
cjal-3204	845	64	in	in	ADP
cjal-3204	845	65	los	los	PROPN
cjal-3204	845	66	angeles	angeles	PROPN
cjal-3204	845	67	produced	produce	VERB
cjal-3204	845	68	prices	price	NOUN
cjal-3204	845	69	only	only	ADV
cjal-3204	845	70	1	1	NUM
cjal-3204	845	71	%	%	NOUN
cjal-3204	845	72	below	below	ADP
cjal-3204	845	73	expected	expect	VERB
cjal-3204	845	74	negotiated	negotiate	VERB
cjal-3204	845	75	sale	sale	NOUN
cjal-3204	845	76	prices	price	NOUN
cjal-3204	845	77	,	,	PUNCT
cjal-3204	845	78	while	while	SCONJ
cjal-3204	845	79	auctions	auction	NOUN
cjal-3204	845	80	of	of	ADP
cjal-3204	845	81	houses	house	NOUN
cjal-3204	845	82	in	in	ADP
cjal-3204	845	83	a	a	DET
cjal-3204	845	84	weak	weak	ADJ
cjal-3204	845	85	market	market	NOUN
cjal-3204	845	86	in	in	ADP
cjal-3204	845	87	dallas	dallas	PROPN
cjal-3204	845	88	brought	bring	VERB
cjal-3204	845	89	prices	price	NOUN
cjal-3204	845	90	19	19	NUM
cjal-3204	845	91	%	%	NOUN
cjal-3204	845	92	to	to	PART
cjal-3204	845	93	21	21	NUM
cjal-3204	845	94	%	%	NOUN
cjal-3204	845	95	below	below	ADP
cjal-3204	845	96	expected	expect	VERB
cjal-3204	845	97	negotiated	negotiate	VERB
cjal-3204	845	98	sale	sale	NOUN
cjal-3204	845	99	prices	price	NOUN
cjal-3204	845	100	)	)	PUNCT
cjal-3204	845	101	.	.	PUNCT
cjal-3204	846	1	mayer	mayer	PROPN
cjal-3204	846	2	,	,	PUNCT
cjal-3204	846	3	i	i	PROPN
cjal-3204	846	4	d.	d.	PROPN
cjal-3204	846	5	,	,	PUNCT
cjal-3204	846	6	also	also	ADV
cjal-3204	846	7	cites	cite	VERB
cjal-3204	846	8	unpublished	unpublished	ADJ
cjal-3204	846	9	studies	study	NOUN
cjal-3204	846	10	showing	show	VERB
cjal-3204	846	11	even	even	ADV
cjal-3204	846	12	greater	great	ADJ
cjal-3204	846	13	price	price	NOUN
cjal-3204	846	14	discounts	discount	NOUN
cjal-3204	846	15	in	in	ADP
cjal-3204	846	16	u.s	u.s	PROPN
cjal-3204	846	17	.	.	PROPN
cjal-3204	846	18	auctions	auction	NOUN
cjal-3204	846	19	,	,	PUNCT
cjal-3204	846	20	in	in	ADP
cjal-3204	846	21	the	the	DET
cjal-3204	846	22	range	range	NOUN
cjal-3204	846	23	of	of	ADP
cjal-3204	846	24	33	33	NUM
cjal-3204	846	25	%	%	NOUN
cjal-3204	846	26	to	to	ADP
cjal-3204	846	27	37	37	NUM
cjal-3204	846	28	%	%	NOUN
cjal-3204	846	29	.	.	PUNCT
cjal-3204	847	1	[	[	X
cjal-3204	847	2	15:1	15:1	NUM
cjal-3204	847	3	2001	2001	NUM
cjal-3204	847	4	]	]	PUNCT
cjal-3204	847	5	chinese	chinese	ADJ
cjal-3204	847	6	mortgagelaw	mortgagelaw	NOUN
cjal-3204	847	7	least	least	ADJ
cjal-3204	847	8	or	or	CCONJ
cjal-3204	847	9	nearly	nearly	ADV
cjal-3204	847	10	to	to	PART
cjal-3204	847	11	disappear	disappear	VERB
cjal-3204	847	12	when	when	SCONJ
cjal-3204	847	13	high	high	ADJ
cjal-3204	847	14	-	-	PUNCT
cjal-3204	847	15	quality	quality	NOUN
cjal-3204	847	16	properties	property	NOUN
cjal-3204	847	17	are	be	AUX
cjal-3204	847	18	sold	sell	VERB
cjal-3204	847	19	in	in	ADP
cjal-3204	847	20	strong	strong	ADJ
cjal-3204	847	21	markets	market	NOUN
cjal-3204	847	22	.	.	PUNCT
cjal-3204	848	1	to	to	ADP
cjal-3204	848	2	some	some	DET
cjal-3204	848	3	extent	extent	NOUN
cjal-3204	848	4	,	,	PUNCT
cjal-3204	848	5	the	the	DET
cjal-3204	848	6	difference	difference	NOUN
cjal-3204	848	7	may	may	AUX
cjal-3204	848	8	be	be	AUX
cjal-3204	848	9	explained	explain	VERB
cjal-3204	848	10	on	on	ADP
cjal-3204	848	11	the	the	DET
cjal-3204	848	12	basis	basis	NOUN
cjal-3204	848	13	of	of	ADP
cjal-3204	848	14	popular	popular	ADJ
cjal-3204	848	15	expectations	expectation	NOUN
cjal-3204	848	16	.	.	PUNCT
cjal-3204	849	1	in	in	ADP
cjal-3204	849	2	australia	australia	PROPN
cjal-3204	849	3	and	and	CCONJ
cjal-3204	849	4	new	new	PROPN
cjal-3204	849	5	zealand	zealand	PROPN
cjal-3204	849	6	,	,	PUNCT
cjal-3204	849	7	prospective	prospective	ADJ
cjal-3204	849	8	buyers	buyer	NOUN
cjal-3204	849	9	may	may	AUX
cjal-3204	849	10	think	think	VERB
cjal-3204	849	11	,	,	PUNCT
cjal-3204	849	12	"	"	PUNCT
cjal-3204	849	13	this	this	PRON
cjal-3204	849	14	must	must	AUX
cjal-3204	849	15	be	be	AUX
cjal-3204	849	16	a	a	DET
cjal-3204	849	17	great	great	ADJ
cjal-3204	849	18	property	property	NOUN
cjal-3204	849	19	,	,	PUNCT
cjal-3204	849	20	since	since	SCONJ
cjal-3204	849	21	they	they	PRON
cjal-3204	849	22	're	be	AUX
cjal-3204	849	23	auctioning	auction	VERB
cjal-3204	849	24	it	it	PRON
cjal-3204	849	25	.	.	PUNCT
cjal-3204	850	1	"	"	PUNCT
cjal-3204	850	2	"	"	PUNCT
cjal-3204	850	3	'	'	PUNCT
cjal-3204	850	4	in	in	ADP
cjal-3204	850	5	the	the	DET
cjal-3204	850	6	united	united	PROPN
cjal-3204	850	7	states	states	PROPN
cjal-3204	850	8	,	,	PUNCT
cjal-3204	850	9	prospective	prospective	ADJ
cjal-3204	850	10	buyers	buyer	NOUN
cjal-3204	850	11	are	be	AUX
cjal-3204	850	12	more	more	ADV
cjal-3204	850	13	apt	apt	ADJ
cjal-3204	850	14	to	to	PART
cjal-3204	850	15	think	think	VERB
cjal-3204	850	16	,	,	PUNCT
cjal-3204	850	17	"	"	PUNCT
cjal-3204	850	18	this	this	PRON
cjal-3204	850	19	must	must	AUX
cjal-3204	850	20	be	be	AUX
cjal-3204	850	21	a	a	DET
cjal-3204	850	22	substandard	substandard	ADJ
cjal-3204	850	23	property	property	NOUN
cjal-3204	850	24	,	,	PUNCT
cjal-3204	850	25	since	since	SCONJ
cjal-3204	850	26	they	they	PRON
cjal-3204	850	27	're	be	AUX
cjal-3204	850	28	auctioning	auction	VERB
cjal-3204	850	29	it	it	PRON
cjal-3204	850	30	.	.	PUNCT
cjal-3204	851	1	"1	"1	NOUN
cjal-3204	851	2	12	12	NUM
cjal-3204	851	3	additional	additional	ADJ
cjal-3204	851	4	problems	problem	NOUN
cjal-3204	851	5	with	with	ADP
cjal-3204	851	6	foreclosure	foreclosure	NOUN
cjal-3204	851	7	auctions	auction	NOUN
cjal-3204	851	8	.	.	PUNCT
cjal-3204	852	1	foreclosure	foreclosure	NOUN
cjal-3204	852	2	auctions	auction	NOUN
cjal-3204	852	3	raise	raise	VERB
cjal-3204	852	4	additional	additional	ADJ
cjal-3204	852	5	problems	problem	NOUN
cjal-3204	852	6	that	that	PRON
cjal-3204	852	7	do	do	AUX
cjal-3204	852	8	not	not	PART
cjal-3204	852	9	arise	arise	VERB
cjal-3204	852	10	with	with	ADP
cjal-3204	852	11	other	other	ADJ
cjal-3204	852	12	types	type	NOUN
cjal-3204	852	13	of	of	ADP
cjal-3204	852	14	real	real	ADJ
cjal-3204	852	15	estate	estate	NOUN
cjal-3204	852	16	auctions	auction	NOUN
cjal-3204	852	17	.	.	PUNCT
cjal-3204	853	1	these	these	DET
cjal-3204	853	2	problems	problem	NOUN
cjal-3204	853	3	include	include	VERB
cjal-3204	853	4	(	(	PUNCT
cjal-3204	853	5	1	1	X
cjal-3204	853	6	)	)	PUNCT
cjal-3204	853	7	the	the	DET
cjal-3204	853	8	requirement	requirement	NOUN
cjal-3204	853	9	for	for	ADP
cjal-3204	853	10	a	a	DET
cjal-3204	853	11	very	very	ADV
cjal-3204	853	12	quick	quick	ADJ
cjal-3204	853	13	"	"	PUNCT
cjal-3204	853	14	closing	closing	NOUN
cjal-3204	853	15	"	"	PUNCT
cjal-3204	853	16	and	and	CCONJ
cjal-3204	853	17	payment	payment	NOUN
cjal-3204	853	18	of	of	ADP
cjal-3204	853	19	the	the	DET
cjal-3204	853	20	remaining	remain	VERB
cjal-3204	853	21	price	price	NOUN
cjal-3204	853	22	often	often	ADV
cjal-3204	853	23	only	only	ADV
cjal-3204	853	24	a	a	DET
cjal-3204	853	25	few	few	ADJ
cjal-3204	853	26	days	day	NOUN
cjal-3204	853	27	;	;	PUNCT
cjal-3204	853	28	'	'	PUNCT
cjal-3204	853	29	3	3	NUM
cjal-3204	853	30	(	(	PUNCT
cjal-3204	853	31	2	2	NUM
cjal-3204	853	32	)	)	PUNCT
cjal-3204	853	33	the	the	DET
cjal-3204	853	34	absence	absence	NOUN
cjal-3204	853	35	of	of	ADP
cjal-3204	853	36	any	any	DET
cjal-3204	853	37	warranty	warranty	NOUN
cjal-3204	853	38	of	of	ADP
cjal-3204	853	39	title	title	NOUN
cjal-3204	853	40	or	or	CCONJ
cjal-3204	853	41	of	of	ADP
cjal-3204	853	42	physical	physical	ADJ
cjal-3204	853	43	quality	quality	NOUN
cjal-3204	853	44	of	of	ADP
cjal-3204	853	45	the	the	DET
cjal-3204	853	46	property	property	NOUN
cjal-3204	853	47	or	or	CCONJ
cjal-3204	853	48	its	its	PRON
cjal-3204	853	49	improvements	improvement	NOUN
cjal-3204	853	50	;	;	PUNCT
cjal-3204	853	51	'	'	PUNCT
cjal-3204	853	52	4	4	NUM
cjal-3204	853	53	(	(	PUNCT
cjal-3204	853	54	3	3	NUM
cjal-3204	853	55	)	)	PUNCT
cjal-3204	853	56	in	in	ADP
cjal-3204	853	57	many	many	ADJ
cjal-3204	853	58	states	state	NOUN
cjal-3204	853	59	,	,	PUNCT
cjal-3204	853	60	the	the	DET
cjal-3204	853	61	inability	inability	NOUN
cjal-3204	853	62	of	of	ADP
cjal-3204	853	63	buyers	buyer	NOUN
cjal-3204	853	64	to	to	PART
cjal-3204	853	65	inspect	inspect	VERB
cjal-3204	853	66	the	the	DET
cjal-3204	853	67	property	property	NOUN
cjal-3204	853	68	or	or	CCONJ
cjal-3204	853	69	to	to	PART
cjal-3204	853	70	obtain	obtain	VERB
cjal-3204	853	71	inspections	inspection	NOUN
cjal-3204	853	72	by	by	ADP
cjal-3204	853	73	professionals	professional	NOUN
cjal-3204	853	74	prior	prior	ADV
cjal-3204	853	75	to	to	ADP
cjal-3204	853	76	the	the	DET
cjal-3204	853	77	auction	auction	NOUN
cjal-3204	853	78	;	;	PUNCT
cjal-3204	853	79	"	"	PUNCT
cjal-3204	853	80	5	5	NUM
cjal-3204	853	81	and	and	CCONJ
cjal-3204	853	82	(	(	PUNCT
cjal-3204	853	83	4	4	X
cjal-3204	853	84	)	)	PUNCT
cjal-3204	853	85	the	the	DET
cjal-3204	853	86	uncertainties	uncertainty	NOUN
cjal-3204	853	87	created	create	VERB
cjal-3204	853	88	by	by	ADP
cjal-3204	853	89	the	the	DET
cjal-3204	853	90	fact	fact	NOUN
cjal-3204	853	91	that	that	SCONJ
cjal-3204	853	92	the	the	DET
cjal-3204	853	93	title	title	NOUN
cjal-3204	853	94	passed	pass	VERB
cjal-3204	853	95	at	at	ADP
cjal-3204	853	96	the	the	DET
cjal-3204	853	97	sale	sale	NOUN
cjal-3204	853	98	will	will	AUX
cjal-3204	853	99	be	be	AUX
cjal-3204	853	100	subject	subject	ADJ
cjal-3204	853	101	to	to	ADP
cjal-3204	853	102	any	any	DET
cjal-3204	853	103	other	other	ADJ
cjal-3204	853	104	mortgages	mortgage	NOUN
cjal-3204	853	105	or	or	CCONJ
cjal-3204	853	106	liens	lien	NOUN
cjal-3204	853	107	that	that	PRON
cjal-3204	853	108	11i	11i	NOUN
cjal-3204	853	109	.	.	PUNCT
cjal-3204	854	1	see	see	VERB
cjal-3204	854	2	lusht	lusht	NOUN
cjal-3204	854	3	,	,	PUNCT
cjal-3204	854	4	supra	supra	PROPN
cjal-3204	854	5	note	note	NOUN
cjal-3204	854	6	30	30	NUM
cjal-3204	854	7	(	(	PUNCT
cjal-3204	854	8	real	real	ADJ
cjal-3204	854	9	estate	estate	NOUN
cjal-3204	854	10	agents	agent	NOUN
cjal-3204	854	11	surveyed	survey	VERB
cjal-3204	854	12	in	in	ADP
cjal-3204	854	13	melbourne	melbourne	PROPN
cjal-3204	854	14	,	,	PUNCT
cjal-3204	854	15	australia	australia	PROPN
cjal-3204	854	16	,	,	PUNCT
cjal-3204	854	17	estimated	estimate	VERB
cjal-3204	854	18	that	that	SCONJ
cjal-3204	854	19	an	an	DET
cjal-3204	854	20	auction	auction	NOUN
cjal-3204	854	21	would	would	AUX
cjal-3204	854	22	produce	produce	VERB
cjal-3204	854	23	a	a	DET
cjal-3204	854	24	mean	mean	ADJ
cjal-3204	854	25	price	price	NOUN
cjal-3204	854	26	premium	premium	NOUN
cjal-3204	854	27	of	of	ADP
cjal-3204	854	28	11	11	NUM
cjal-3204	854	29	%	%	NOUN
cjal-3204	854	30	over	over	ADP
cjal-3204	854	31	a	a	DET
cjal-3204	854	32	negotiated	negotiate	VERB
cjal-3204	854	33	sale	sale	NOUN
cjal-3204	854	34	,	,	PUNCT
cjal-3204	854	35	with	with	ADP
cjal-3204	854	36	a	a	DET
cjal-3204	854	37	range	range	NOUN
cjal-3204	854	38	of	of	ADP
cjal-3204	854	39	5	5	NUM
cjal-3204	854	40	%	%	NOUN
cjal-3204	854	41	to	to	PART
cjal-3204	854	42	15	15	NUM
cjal-3204	854	43	%	%	NOUN
cjal-3204	854	44	;	;	PUNCT
cjal-3204	854	45	during	during	ADP
cjal-3204	854	46	the	the	DET
cjal-3204	854	47	period	period	NOUN
cjal-3204	854	48	studied	study	VERB
cjal-3204	854	49	,	,	PUNCT
cjal-3204	854	50	74	74	NUM
cjal-3204	854	51	%	%	NOUN
cjal-3204	854	52	of	of	ADP
cjal-3204	854	53	the	the	DET
cjal-3204	854	54	houses	house	NOUN
cjal-3204	854	55	in	in	ADP
cjal-3204	854	56	the	the	DET
cjal-3204	854	57	area	area	NOUN
cjal-3204	854	58	studied	study	VERB
cjal-3204	854	59	were	be	AUX
cjal-3204	854	60	sold	sell	VERB
cjal-3204	854	61	by	by	ADP
cjal-3204	854	62	auction	auction	NOUN
cjal-3204	854	63	and	and	CCONJ
cjal-3204	854	64	26	26	NUM
cjal-3204	854	65	%	%	NOUN
cjal-3204	854	66	by	by	ADP
cjal-3204	854	67	negotiated	negotiate	VERB
cjal-3204	854	68	sale	sale	NOUN
cjal-3204	854	69	)	)	PUNCT
cjal-3204	854	70	.	.	PUNCT
cjal-3204	855	1	112	112	NUM
cjal-3204	855	2	.	.	PUNCT
cjal-3204	856	1	see	see	VERB
cjal-3204	856	2	greg	greg	PROPN
cjal-3204	856	3	botonis	botonis	PROPN
cjal-3204	856	4	,	,	PUNCT
cjal-3204	856	5	no	no	DET
cjal-3204	856	6	gift	gift	NOUN
cjal-3204	856	7	-	-	PUNCT
cjal-3204	856	8	wrapped	wrap	VERB
cjal-3204	856	9	houses	house	NOUN
cjal-3204	856	10	:	:	PUNCT
cjal-3204	856	11	bidders	bidder	NOUN
cjal-3204	856	12	balk	balk	VERB
cjal-3204	856	13	at	at	ADP
cjal-3204	856	14	holiday	holiday	NOUN
cjal-3204	856	15	real	real	ADJ
cjal-3204	856	16	estate	estate	NOUN
cjal-3204	856	17	auction	auction	NOUN
cjal-3204	856	18	,	,	PUNCT
cjal-3204	856	19	l.a	l.a	PROPN
cjal-3204	856	20	.	.	PROPN
cjal-3204	857	1	tis.s	tis.s	PROPN
cjal-3204	857	2	,	,	PUNCT
cjal-3204	857	3	dec	dec	PROPN
cjal-3204	857	4	.	.	PROPN
cjal-3204	857	5	11	11	NUM
cjal-3204	857	6	,	,	PUNCT
cjal-3204	857	7	2000	2000	NUM
cjal-3204	857	8	,	,	PUNCT
cjal-3204	857	9	at	at	ADP
cjal-3204	857	10	avi	avi	NOUN
cjal-3204	857	11	(	(	PUNCT
cjal-3204	857	12	no	no	DET
cjal-3204	857	13	bids	bid	NOUN
cjal-3204	857	14	made	make	VERB
cjal-3204	857	15	on	on	ADP
cjal-3204	857	16	attempted	attempt	VERB
cjal-3204	857	17	auction	auction	NOUN
cjal-3204	857	18	of	of	ADP
cjal-3204	857	19	60	60	NUM
cjal-3204	857	20	houses	house	NOUN
cjal-3204	857	21	in	in	ADP
cjal-3204	857	22	lancaster	lancaster	PROPN
cjal-3204	857	23	,	,	PUNCT
cjal-3204	857	24	california	california	PROPN
cjal-3204	857	25	)	)	PUNCT
cjal-3204	857	26	.	.	PUNCT
cjal-3204	858	1	but	but	CCONJ
cjal-3204	858	2	see	see	VERB
cjal-3204	858	3	michael	michael	PROPN
cjal-3204	858	4	paulk	paulk	PROPN
cjal-3204	858	5	,	,	PUNCT
cjal-3204	858	6	auctions	auction	VERB
cjal-3204	858	7	a	a	DET
cjal-3204	858	8	growing	grow	VERB
cjal-3204	858	9	option	option	NOUN
cjal-3204	858	10	in	in	ADP
cjal-3204	858	11	residential	residential	ADJ
cjal-3204	858	12	real	real	ADJ
cjal-3204	858	13	estate	estate	NOUN
cjal-3204	858	14	sales	sale	NOUN
cjal-3204	858	15	,	,	PUNCT
cjal-3204	858	16	mmpihis	mmpihis	ADJ
cjal-3204	858	17	bus	bus	NOUN
cjal-3204	858	18	.	.	PUNCT
cjal-3204	859	1	j.	j.	PROPN
cjal-3204	859	2	,	,	PUNCT
cjal-3204	859	3	june	june	PROPN
cjal-3204	859	4	2	2	NUM
cjal-3204	859	5	,	,	PUNCT
cjal-3204	859	6	2000	2000	NUM
cjal-3204	859	7	,	,	PUNCT
cjal-3204	859	8	at	at	ADP
cjal-3204	859	9	28	28	NUM
cjal-3204	859	10	,	,	PUNCT
cjal-3204	859	11	suggesting	suggest	VERB
cjal-3204	859	12	that	that	SCONJ
cjal-3204	859	13	the	the	DET
cjal-3204	859	14	low	low	ADJ
cjal-3204	859	15	-	-	PUNCT
cjal-3204	859	16	quality	quality	NOUN
cjal-3204	859	17	image	image	NOUN
cjal-3204	859	18	of	of	ADP
cjal-3204	859	19	real	real	ADJ
cjal-3204	859	20	estate	estate	NOUN
cjal-3204	859	21	auctions	auction	NOUN
cjal-3204	859	22	in	in	ADP
cjal-3204	859	23	the	the	DET
cjal-3204	859	24	u.s	u.s	PROPN
cjal-3204	859	25	.	.	PROPN
cjal-3204	859	26	is	be	AUX
cjal-3204	859	27	changing	change	VERB
cjal-3204	859	28	,	,	PUNCT
cjal-3204	859	29	lidia	lidia	PROPN
cjal-3204	859	30	kelly	kelly	PROPN
cjal-3204	859	31	,	,	PUNCT
cjal-3204	859	32	real	real	ADJ
cjal-3204	859	33	estate	estate	NOUN
cjal-3204	859	34	auction	auction	NOUN
cjal-3204	859	35	popular	popular	ADJ
cjal-3204	859	36	for	for	ADP
cjal-3204	859	37	high	high	ADJ
cjal-3204	859	38	-	-	PUNCT
cjal-3204	859	39	end	end	NOUN
cjal-3204	859	40	properties	property	NOUN
cjal-3204	859	41	,	,	PUNCT
cjal-3204	859	42	arizona	arizona	PROPN
cjal-3204	859	43	republic	republic	PROPN
cjal-3204	859	44	,	,	PUNCT
cjal-3204	859	45	mar	mar	PROPN
cjal-3204	859	46	.	.	PROPN
cjal-3204	859	47	10	10	NUM
cjal-3204	859	48	,	,	PUNCT
cjal-3204	859	49	2000	2000	NUM
cjal-3204	859	50	,	,	PUNCT
cjal-3204	859	51	at	at	ADP
cjal-3204	859	52	d2	d2	PROPN
cjal-3204	859	53	(	(	PUNCT
cjal-3204	859	54	same	same	ADJ
cjal-3204	859	55	)	)	PUNCT
cjal-3204	859	56	;	;	PUNCT
cjal-3204	859	57	jolie	jolie	PROPN
cjal-3204	859	58	gorchov	gorchov	PROPN
cjal-3204	859	59	,	,	PUNCT
cjal-3204	859	60	kenncdy	kenncdy	PROPN
cjal-3204	859	61	-	-	PUNCT
cjal-3204	859	62	wilson	wilson	PROPN
cjal-3204	859	63	takes	take	VERB
cjal-3204	859	64	real	real	ADJ
cjal-3204	859	65	estate	estate	NOUN
cjal-3204	859	66	auctions	auction	NOUN
cjal-3204	859	67	online	online	ADV
cjal-3204	859	68	,	,	PUNCT
cjal-3204	859	69	l.a	l.a	PROPN
cjal-3204	859	70	.	.	PROPN
cjal-3204	859	71	bus	bus	PROPN
cjal-3204	859	72	.	.	PUNCT
cjal-3204	860	1	j.	j.	PROPN
cjal-3204	860	2	,	,	PUNCT
cjal-3204	860	3	jan	jan	PROPN
cjal-3204	860	4	.	.	PROPN
cjal-3204	860	5	24,2000	24,2000	NUM
cjal-3204	860	6	,	,	PUNCT
cjal-3204	860	7	at	at	ADP
cjal-3204	860	8	75	75	NUM
cjal-3204	860	9	(	(	PUNCT
cjal-3204	860	10	same	same	ADJ
cjal-3204	860	11	)	)	PUNCT
cjal-3204	860	12	.	.	PUNCT
cjal-3204	861	1	113	113	NUM
cjal-3204	861	2	.	.	PUNCT
cjal-3204	862	1	non	non	ADJ
cjal-3204	862	2	-	-	ADJ
cjal-3204	862	3	distress	distress	ADJ
cjal-3204	862	4	auctions	auction	NOUN
cjal-3204	862	5	often	often	ADV
cjal-3204	862	6	allow	allow	VERB
cjal-3204	862	7	considerable	considerable	ADJ
cjal-3204	862	8	time	time	NOUN
cjal-3204	862	9	say	say	VERB
cjal-3204	862	10	,	,	PUNCT
cjal-3204	862	11	30	30	NUM
cjal-3204	862	12	to	to	PART
cjal-3204	862	13	60	60	NUM
cjal-3204	862	14	days	day	NOUN
cjal-3204	862	15	after	after	ADP
cjal-3204	862	16	the	the	DET
cjal-3204	862	17	auction	auction	NOUN
cjal-3204	862	18	for	for	ADP
cjal-3204	862	19	payment	payment	NOUN
cjal-3204	862	20	of	of	ADP
cjal-3204	862	21	the	the	DET
cjal-3204	862	22	remainder	remainder	NOUN
cjal-3204	862	23	of	of	ADP
cjal-3204	862	24	the	the	DET
cjal-3204	862	25	price	price	NOUN
cjal-3204	862	26	.	.	PUNCT
cjal-3204	863	1	see	see	VERB
cjal-3204	863	2	allen	allen	PROPN
cjal-3204	863	3	&	&	CCONJ
cjal-3204	863	4	swisher	swisher	PROPN
cjal-3204	863	5	,	,	PUNCT
cjal-3204	863	6	supra	supra	PROPN
cjal-3204	863	7	note	note	PROPN
cjal-3204	863	8	97	97	NUM
cjal-3204	863	9	(	(	PUNCT
cjal-3204	863	10	hud	hud	PROPN
cjal-3204	863	11	allows	allow	VERB
cjal-3204	863	12	30	30	NUM
cjal-3204	863	13	days	day	NOUN
cjal-3204	863	14	,	,	PUNCT
cjal-3204	863	15	but	but	CCONJ
cjal-3204	863	16	gives	give	VERB
cjal-3204	863	17	a	a	DET
cjal-3204	863	18	cash	cash	NOUN
cjal-3204	863	19	rebate	rebate	NOUN
cjal-3204	863	20	of	of	ADP
cjal-3204	863	21	s450	s450	PROPN
cjal-3204	863	22	to	to	ADP
cjal-3204	863	23	s900	s900	PROPN
cjal-3204	863	24	if	if	SCONJ
cjal-3204	863	25	closing	closing	NOUN
cjal-3204	863	26	occurs	occur	VERB
cjal-3204	863	27	within	within	ADP
cjal-3204	863	28	15	15	NUM
cjal-3204	863	29	days	day	NOUN
cjal-3204	863	30	)	)	PUNCT
cjal-3204	863	31	;	;	PUNCT
cjal-3204	863	32	lusht	lusht	PROPN
cjal-3204	863	33	,	,	PUNCT
cjal-3204	863	34	supra	supra	PROPN
cjal-3204	863	35	note	note	NOUN
cjal-3204	863	36	106	106	NUM
cjal-3204	863	37	(	(	PUNCT
cjal-3204	863	38	australian	australian	ADJ
cjal-3204	863	39	practice	practice	NOUN
cjal-3204	863	40	allows	allow	VERB
cjal-3204	863	41	60	60	NUM
cjal-3204	863	42	days	day	NOUN
cjal-3204	863	43	after	after	ADP
cjal-3204	863	44	auction	auction	NOUN
cjal-3204	863	45	to	to	PART
cjal-3204	863	46	close	close	VERB
cjal-3204	863	47	)	)	PUNCT
cjal-3204	863	48	;	;	PUNCT
cjal-3204	863	49	sentementes	sentemente	NOUN
cjal-3204	863	50	,	,	PUNCT
cjal-3204	863	51	supra	supra	PROPN
cjal-3204	863	52	note	note	PROPN
cjal-3204	863	53	94	94	NUM
cjal-3204	863	54	(	(	PUNCT
cjal-3204	863	55	u.s	u.s	PROPN
cjal-3204	863	56	.	.	PROPN
cjal-3204	863	57	auction	auction	NOUN
cjal-3204	863	58	company	company	NOUN
cjal-3204	863	59	allows	allow	VERB
cjal-3204	863	60	buyer	buyer	NOUN
cjal-3204	863	61	30	30	NUM
cjal-3204	863	62	days	day	NOUN
cjal-3204	863	63	to	to	PART
cjal-3204	863	64	sign	sign	VERB
cjal-3204	863	65	contract	contract	NOUN
cjal-3204	863	66	and	and	CCONJ
cjal-3204	863	67	make	make	VERB
cjal-3204	863	68	5	5	NUM
cjal-3204	863	69	%	%	NOUN
cjal-3204	863	70	deposit	deposit	NOUN
cjal-3204	863	71	,	,	PUNCT
cjal-3204	863	72	and	and	CCONJ
cjal-3204	863	73	an	an	DET
cjal-3204	863	74	additional	additional	ADJ
cjal-3204	863	75	30	30	NUM
cjal-3204	863	76	days	day	NOUN
cjal-3204	863	77	to	to	PART
cjal-3204	863	78	close	close	VERB
cjal-3204	863	79	)	)	PUNCT
cjal-3204	863	80	;	;	PUNCT
cjal-3204	863	81	kelly	kelly	PROPN
cjal-3204	863	82	,	,	PUNCT
cjal-3204	863	83	supra	supra	PROPN
cjal-3204	863	84	note	note	NOUN
cjal-3204	863	85	112	112	NUM
cjal-3204	863	86	(	(	PUNCT
cjal-3204	863	87	u.s	u.s	PROPN
cjal-3204	863	88	.	.	PROPN
cjal-3204	863	89	auction	auction	NOUN
cjal-3204	863	90	company	company	NOUN
cjal-3204	863	91	allows	allow	VERB
cjal-3204	863	92	buyers	buyer	NOUN
cjal-3204	863	93	30	30	NUM
cjal-3204	863	94	days	day	NOUN
cjal-3204	863	95	to	to	PART
cjal-3204	863	96	close	close	VERB
cjal-3204	863	97	)	)	PUNCT
cjal-3204	863	98	.	.	PUNCT
cjal-3204	864	1	by	by	ADP
cjal-3204	864	2	comparison	comparison	NOUN
cjal-3204	864	3	,	,	PUNCT
cjal-3204	864	4	foreclosures	foreclosure	NOUN
cjal-3204	864	5	commonly	commonly	ADV
cjal-3204	864	6	require	require	VERB
cjal-3204	864	7	the	the	DET
cjal-3204	864	8	buyer	buyer	NOUN
cjal-3204	864	9	to	to	PART
cjal-3204	864	10	pay	pay	VERB
cjal-3204	864	11	the	the	DET
cjal-3204	864	12	full	full	ADJ
cjal-3204	864	13	remaining	remain	VERB
cjal-3204	864	14	price	price	NOUN
cjal-3204	864	15	within	within	ADP
cjal-3204	864	16	5	5	NUM
cjal-3204	864	17	to	to	PART
cjal-3204	864	18	10	10	NUM
cjal-3204	864	19	days	day	NOUN
cjal-3204	864	20	.	.	PUNCT
cjal-3204	865	1	see	see	VERB
cjal-3204	865	2	debra	debra	PROPN
cjal-3204	865	3	p.	p.	PROPN
cjal-3204	865	4	stark	stark	PROPN
cjal-3204	865	5	,	,	PUNCT
cjal-3204	865	6	facing	face	VERB
cjal-3204	865	7	the	the	DET
cjal-3204	865	8	facts	fact	NOUN
cjal-3204	865	9	:	:	PUNCT
cjal-3204	865	10	an	an	DET
cjal-3204	865	11	empirical	empirical	ADJ
cjal-3204	865	12	study	study	NOUN
cjal-3204	865	13	of	of	ADP
cjal-3204	865	14	the	the	DET
cjal-3204	865	15	fairness	fairness	NOUN
cjal-3204	865	16	and	and	CCONJ
cjal-3204	865	17	e41icknc	e41icknc	PROPN
cjal-3204	865	18	of	of	ADP
cjal-3204	865	19	foreclosures	foreclosure	NOUN
cjal-3204	865	20	and	and	CCONJ
cjal-3204	865	21	a	a	DET
cjal-3204	865	22	proposalfor	proposalfor	NOUN
cjal-3204	865	23	reform	reform	NOUN
cjal-3204	865	24	,	,	PUNCT
cjal-3204	865	25	30	30	NUM
cjal-3204	865	26	mich	mich	X
cjal-3204	865	27	.	.	PUNCT
cjal-3204	866	1	j.	j.	PROPN
cjal-3204	866	2	l.	l.	PROPN
cjal-3204	866	3	reform	reform	PROPN
cjal-3204	866	4	639	639	NUM
cjal-3204	866	5	,	,	PUNCT
cjal-3204	866	6	649	649	NUM
cjal-3204	866	7	(	(	PUNCT
cjal-3204	866	8	1997	1997	NUM
cjal-3204	866	9	)	)	PUNCT
cjal-3204	866	10	(	(	PUNCT
cjal-3204	866	11	illinois	illinois	PROPN
cjal-3204	866	12	practice	practice	NOUN
cjal-3204	866	13	allows	allow	VERB
cjal-3204	866	14	only	only	ADV
cjal-3204	866	15	48	48	NUM
cjal-3204	866	16	hours	hour	NOUN
cjal-3204	866	17	)	)	PUNCT
cjal-3204	866	18	.	.	PUNCT
cjal-3204	867	1	114	114	NUM
cjal-3204	867	2	.	.	PUNCT
cjal-3204	868	1	hud	hud	PROPN
cjal-3204	868	2	auctions	auction	NOUN
cjal-3204	868	3	are	be	AUX
cjal-3204	868	4	also	also	ADV
cjal-3204	868	5	"	"	PUNCT
cjal-3204	868	6	as	as	ADV
cjal-3204	868	7	-	-	PUNCT
cjal-3204	868	8	is	be	AUX
cjal-3204	868	9	,	,	PUNCT
cjal-3204	868	10	"	"	PUNCT
cjal-3204	868	11	with	with	ADP
cjal-3204	868	12	no	no	DET
cjal-3204	868	13	warranty	warranty	NOUN
cjal-3204	868	14	of	of	ADP
cjal-3204	868	15	physical	physical	ADJ
cjal-3204	868	16	quality	quality	NOUN
cjal-3204	868	17	;	;	PUNCT
cjal-3204	868	18	see	see	VERB
cjal-3204	868	19	allen	allen	PROPN
cjal-3204	868	20	,	,	PUNCT
cjal-3204	868	21	supra	supra	PROPN
cjal-3204	868	22	note	note	NOUN
cjal-3204	868	23	.	.	PUNCT
cjal-3204	869	1	however	however	ADV
cjal-3204	869	2	,	,	PUNCT
cjal-3204	869	3	in	in	ADP
cjal-3204	869	4	other	other	ADJ
cjal-3204	869	5	non	non	ADJ
cjal-3204	869	6	-	-	NOUN
cjal-3204	869	7	distress	distress	NOUN
cjal-3204	869	8	auctions	auction	NOUN
cjal-3204	869	9	a	a	DET
cjal-3204	869	10	%	%	NOUN
cjal-3204	869	11	waranty	waranty	NOUN
cjal-3204	869	12	may	may	AUX
cjal-3204	869	13	be	be	AUX
cjal-3204	869	14	offered	offer	VERB
cjal-3204	869	15	by	by	ADP
cjal-3204	869	16	the	the	DET
cjal-3204	869	17	seller	seller	NOUN
cjal-3204	869	18	.	.	PUNCT
cjal-3204	870	1	115	115	NUM
cjal-3204	870	2	.	.	PUNCT
cjal-3204	871	1	hud	hud	PROPN
cjal-3204	871	2	permits	permit	VERB
cjal-3204	871	3	and	and	CCONJ
cjal-3204	871	4	encourages	encourage	VERB
cjal-3204	871	5	inspections	inspection	NOUN
cjal-3204	871	6	prior	prior	ADV
cjal-3204	871	7	to	to	ADP
cjal-3204	871	8	auction	auction	NOUN
cjal-3204	871	9	by	by	ADP
cjal-3204	871	10	prospective	prospective	ADJ
cjal-3204	871	11	bidders	bidder	NOUN
cjal-3204	871	12	;	;	PUNCT
cjal-3204	871	13	see	see	VERB
cjal-3204	871	14	allen	allen	PROPN
cjal-3204	871	15	,	,	PUNCT
cjal-3204	871	16	supra	supra	PROPN
cjal-3204	871	17	note	note	NOUN
cjal-3204	871	18	29	29	NUM
cjal-3204	871	19	.	.	PUNCT
cjal-3204	872	1	non	non	ADJ
cjal-3204	872	2	-	-	ADJ
cjal-3204	872	3	distress	distress	ADJ
cjal-3204	872	4	auction	auction	NOUN
cjal-3204	872	5	sales	sale	NOUN
cjal-3204	872	6	,	,	PUNCT
cjal-3204	872	7	in	in	ADP
cjal-3204	872	8	the	the	DET
cjal-3204	872	9	united	united	PROPN
cjal-3204	872	10	states	states	PROPN
cjal-3204	872	11	and	and	CCONJ
cjal-3204	872	12	elsewvhere	elsewvhere	ADV
cjal-3204	872	13	,	,	PUNCT
cjal-3204	872	14	nearly	nearly	ADV
cjal-3204	872	15	always	always	ADV
cjal-3204	872	16	permit	permit	VERB
cjal-3204	872	17	preinspection	preinspection	NOUN
cjal-3204	872	18	by	by	ADP
cjal-3204	872	19	bidders	bidder	NOUN
cjal-3204	872	20	.	.	PUNCT
cjal-3204	873	1	see	see	VERB
cjal-3204	873	2	lusht	lusht	PROPN
cjal-3204	873	3	supra	supra	PROPN
cjal-3204	873	4	note	note	PROPN
cjal-3204	873	5	106	106	NUM
cjal-3204	873	6	(	(	PUNCT
cjal-3204	873	7	preinspections	preinspection	NOUN
cjal-3204	873	8	of	of	ADP
cjal-3204	873	9	houses	house	NOUN
cjal-3204	873	10	sold	sell	VERB
cjal-3204	873	11	by	by	ADP
cjal-3204	873	12	auction	auction	NOUN
cjal-3204	873	13	in	in	ADP
cjal-3204	873	14	melbourne	melbourne	PROPN
cjal-3204	873	15	)	)	PUNCT
cjal-3204	873	16	.	.	PUNCT
cjal-3204	874	1	foreclosure	foreclosure	NOUN
cjal-3204	874	2	sales	sale	NOUN
cjal-3204	874	3	are	be	AUX
cjal-3204	874	4	another	another	DET
cjal-3204	874	5	matter	matter	NOUN
cjal-3204	874	6	.	.	PUNCT
cjal-3204	875	1	in	in	ADP
cjal-3204	875	2	most	most	ADJ
cjal-3204	875	3	u.s	u.s	PROPN
cjal-3204	875	4	.	.	PROPN
cjal-3204	875	5	states	state	VERB
cjal-3204	875	6	the	the	DET
cjal-3204	875	7	mortgagor	mortgagor	NOUN
cjal-3204	875	8	will	will	AUX
cjal-3204	875	9	remain	remain	VERB
cjal-3204	875	10	in	in	ADP
cjal-3204	875	11	possession	possession	NOUN
cjal-3204	875	12	of	of	ADP
cjal-3204	875	13	the	the	DET
cjal-3204	875	14	property	property	NOUN
cjal-3204	875	15	until	until	ADP
cjal-3204	875	16	the	the	DET
cjal-3204	875	17	foreclosure	foreclosure	NOUN
cjal-3204	875	18	(	(	PUNCT
cjal-3204	875	19	or	or	CCONJ
cjal-3204	875	20	even	even	ADV
cjal-3204	875	21	aftenvard	aftenvard	ADJ
cjal-3204	875	22	,	,	PUNCT
cjal-3204	875	23	during	during	ADP
cjal-3204	875	24	a	a	DET
cjal-3204	875	25	statutory	statutory	ADJ
cjal-3204	875	26	redemption	redemption	NOUN
cjal-3204	875	27	period	period	NOUN
cjal-3204	875	28	,	,	PUNCT
cjal-3204	875	29	if	if	SCONJ
cjal-3204	875	30	any	any	PRON
cjal-3204	875	31	)	)	PUNCT
cjal-3204	875	32	.	.	PUNCT
cjal-3204	876	1	hence	hence	ADV
cjal-3204	876	2	,	,	PUNCT
cjal-3204	876	3	inspection	inspection	NOUN
cjal-3204	876	4	is	be	AUX
cjal-3204	876	5	dependent	dependent	ADJ
cjal-3204	876	6	on	on	ADP
cjal-3204	876	7	the	the	DET
cjal-3204	876	8	mortgagor	mortgagor	NOUN
cjal-3204	876	9	's	's	PART
cjal-3204	876	10	cooperation	cooperation	NOUN
cjal-3204	876	11	,	,	PUNCT
cjal-3204	876	12	which	which	PRON
cjal-3204	876	13	in	in	ADP
cjal-3204	876	14	most	most	ADJ
cjal-3204	876	15	cases	case	NOUN
cjal-3204	876	16	is	be	AUX
cjal-3204	876	17	not	not	PART
cjal-3204	876	18	likely	likely	ADJ
cjal-3204	876	19	to	to	PART
cjal-3204	876	20	be	be	AUX
cjal-3204	876	21	forthcoming	forthcoming	ADJ
cjal-3204	876	22	.	.	PUNCT
cjal-3204	877	1	in	in	ADP
cjal-3204	877	2	connecticut	connecticut	PROPN
cjal-3204	877	3	it	it	PRON
cjal-3204	877	4	is	be	AUX
cjal-3204	877	5	customary	customary	ADJ
cjal-3204	877	6	for	for	SCONJ
cjal-3204	877	7	the	the	DET
cjal-3204	877	8	debtor	debtor	NOUN
cjal-3204	877	9	to	to	PART
cjal-3204	877	10	permit	permit	VERB
cjal-3204	877	11	inspection	inspection	NOUN
cjal-3204	877	12	,	,	PUNCT
cjal-3204	877	13	but	but	CCONJ
cjal-3204	877	14	there	there	PRON
cjal-3204	877	15	is	be	VERB
cjal-3204	877	16	no	no	DET
cjal-3204	877	17	legal	legal	ADJ
cjal-3204	877	18	recourse	recourse	NOUN
cjal-3204	877	19	if	if	SCONJ
cjal-3204	877	20	the	the	DET
cjal-3204	877	21	debtor	debtor	NOUN
cjal-3204	877	22	refuses	refuse	VERB
cjal-3204	877	23	to	to	PART
cjal-3204	877	24	do	do	VERB
cjal-3204	877	25	so	so	ADV
cjal-3204	877	26	;	;	PUNCT
cjal-3204	877	27	see	see	VERB
cjal-3204	877	28	denis	denis	PROPN
cjal-3204	877	29	r.	r.	PROPN
cjal-3204	877	30	caron	caron	PROPN
cjal-3204	877	31	,	,	PUNCT
cjal-3204	877	32	connectcut	connectcut	VERB
cjal-3204	877	33	forecloslures	forecloslure	NOUN
cjal-3204	877	34	§	§	PROPN
cjal-3204	877	35	6.01	6.01	NUM
cjal-3204	877	36	g	g	NOUN
cjal-3204	877	37	(	(	PUNCT
cjal-3204	877	38	1997	1997	NUM
cjal-3204	877	39	)	)	PUNCT
cjal-3204	877	40	;	;	PUNCT
cjal-3204	877	41	second	second	PROPN
cjal-3204	877	42	mat'7	mat'7	PROPN
cjal-3204	877	43	bank	bank	NOUN
cjal-3204	877	44	ofnen	ofnen	NOUN
cjal-3204	877	45	'	'	PUNCT
cjal-3204	877	46	haven	haven	PROPN
cjal-3204	877	47	r.	r.	PROPN
cjal-3204	877	48	burtchell	burtchell	PROPN
cjal-3204	877	49	,	,	PUNCT
cjal-3204	877	50	166	166	NUM
cjal-3204	877	51	conn	conn	NOUN
cjal-3204	877	52	.	.	PROPN
cjal-3204	877	53	388	388	NUM
cjal-3204	877	54	,	,	PUNCT
cjal-3204	877	55	392	392	NUM
cjal-3204	877	56	-	-	SYM
cjal-3204	877	57	93	93	NUM
cjal-3204	877	58	,	,	PUNCT
cjal-3204	877	59	349	349	NUM
cjal-3204	877	60	a.2d	a.2d	SYM
cjal-3204	877	61	831	831	NUM
cjal-3204	877	62	,	,	PUNCT
cjal-3204	877	63	833	833	NUM
cjal-3204	877	64	(	(	PUNCT
cjal-3204	877	65	1974	1974	NUM
cjal-3204	877	66	)	)	PUNCT
cjal-3204	877	67	.	.	PUNCT
cjal-3204	878	1	columbia	columbia	PROPN
cjal-3204	878	2	journal	journal	PROPN
cjal-3204	878	3	of	of	ADP
cjal-3204	878	4	asian	asian	ADJ
cjal-3204	878	5	law	law	NOUN
cjal-3204	878	6	have	have	VERB
cjal-3204	878	7	higher	high	ADJ
cjal-3204	878	8	priority	priority	NOUN
cjal-3204	878	9	than	than	SCONJ
cjal-3204	878	10	the	the	DET
cjal-3204	878	11	mortgage	mortgage	NOUN
cjal-3204	878	12	being	be	AUX
cjal-3204	878	13	foreclosed	foreclose	VERB
cjal-3204	878	14	,	,	PUNCT
cjal-3204	878	15	and	and	CCONJ
cjal-3204	878	16	even	even	ADV
cjal-3204	878	17	to	to	ADP
cjal-3204	878	18	mortgages	mortgage	NOUN
cjal-3204	878	19	or	or	CCONJ
cjal-3204	878	20	liens	lien	NOUN
cjal-3204	878	21	lower	low	ADJ
cjal-3204	878	22	in	in	ADP
cjal-3204	878	23	priority	priority	NOUN
cjal-3204	878	24	if	if	SCONJ
cjal-3204	878	25	their	their	PRON
cjal-3204	878	26	owners	owner	NOUN
cjal-3204	878	27	have	have	AUX
cjal-3204	878	28	not	not	PART
cjal-3204	878	29	been	be	AUX
cjal-3204	878	30	properly	properly	ADV
cjal-3204	878	31	made	make	VERB
cjal-3204	878	32	parties	party	NOUN
cjal-3204	878	33	to	to	ADP
cjal-3204	878	34	the	the	DET
cjal-3204	878	35	foreclosure	foreclosure	NOUN
cjal-3204	878	36	proceeding	proceeding	NOUN
cjal-3204	878	37	.	.	PUNCT
cjal-3204	879	1	"l	"l	PROPN
cjal-3204	879	2	6	6	NUM
cjal-3204	879	3	because	because	SCONJ
cjal-3204	879	4	of	of	ADP
cjal-3204	879	5	this	this	DET
cjal-3204	879	6	last	last	ADJ
cjal-3204	879	7	factor	factor	NOUN
cjal-3204	879	8	,	,	PUNCT
cjal-3204	879	9	no	no	DET
cjal-3204	879	10	knowledgeable	knowledgeable	ADJ
cjal-3204	879	11	individual	individual	NOUN
cjal-3204	879	12	will	will	AUX
cjal-3204	879	13	bid	bid	VERB
cjal-3204	879	14	at	at	ADP
cjal-3204	879	15	a	a	DET
cjal-3204	879	16	foreclosure	foreclosure	NOUN
cjal-3204	879	17	sale	sale	NOUN
cjal-3204	879	18	without	without	ADP
cjal-3204	879	19	first	first	ADV
cjal-3204	879	20	having	having	AUX
cjal-3204	879	21	obtained	obtain	VERB
cjal-3204	879	22	a	a	DET
cjal-3204	879	23	preliminary	preliminary	ADJ
cjal-3204	879	24	title	title	NOUN
cjal-3204	879	25	report	report	NOUN
cjal-3204	879	26	and	and	CCONJ
cjal-3204	879	27	commitment	commitment	NOUN
cjal-3204	879	28	to	to	PART
cjal-3204	879	29	insure	insure	VERB
cjal-3204	879	30	from	from	ADP
cjal-3204	879	31	a	a	DET
cjal-3204	879	32	title	title	NOUN
cjal-3204	879	33	insurance	insurance	NOUN
cjal-3204	879	34	company	company	NOUN
cjal-3204	879	35	.	.	PUNCT
cjal-3204	880	1	this	this	PRON
cjal-3204	880	2	is	be	AUX
cjal-3204	880	3	an	an	DET
cjal-3204	880	4	additional	additional	ADJ
cjal-3204	880	5	element	element	NOUN
cjal-3204	880	6	of	of	ADP
cjal-3204	880	7	advance	advance	ADJ
cjal-3204	880	8	preparation	preparation	NOUN
cjal-3204	880	9	to	to	PART
cjal-3204	880	10	bid	bid	VERB
cjal-3204	880	11	,	,	PUNCT
cjal-3204	880	12	one	one	NUM
cjal-3204	880	13	that	that	PRON
cjal-3204	880	14	would	would	AUX
cjal-3204	880	15	usually	usually	ADV
cjal-3204	880	16	be	be	AUX
cjal-3204	880	17	handled	handle	VERB
cjal-3204	880	18	by	by	ADP
cjal-3204	880	19	a	a	DET
cjal-3204	880	20	real	real	ADJ
cjal-3204	880	21	estate	estate	NOUN
cjal-3204	880	22	agent	agent	NOUN
cjal-3204	880	23	in	in	ADP
cjal-3204	880	24	a	a	DET
cjal-3204	880	25	negotiated	negotiate	VERB
cjal-3204	880	26	sale	sale	NOUN
cjal-3204	880	27	.	.	PUNCT
cjal-3204	881	1	in	in	ADP
cjal-3204	881	2	about	about	ADV
cjal-3204	881	3	twenty	twenty	NUM
cjal-3204	881	4	american	american	ADJ
cjal-3204	881	5	states	state	NOUN
cjal-3204	881	6	,	,	PUNCT
cjal-3204	881	7	there	there	PRON
cjal-3204	881	8	is	be	VERB
cjal-3204	881	9	a	a	DET
cjal-3204	881	10	further	further	ADJ
cjal-3204	881	11	uncertainty	uncertainty	NOUN
cjal-3204	881	12	for	for	ADP
cjal-3204	881	13	foreclosure	foreclosure	NOUN
cjal-3204	881	14	auction	auction	NOUN
cjal-3204	881	15	buyers	buyer	NOUN
cjal-3204	881	16	that	that	PRON
cjal-3204	881	17	derives	derive	VERB
cjal-3204	881	18	from	from	ADP
cjal-3204	881	19	the	the	DET
cjal-3204	881	20	right	right	NOUN
cjal-3204	881	21	of	of	ADP
cjal-3204	881	22	"	"	PUNCT
cjal-3204	881	23	statutory	statutory	ADJ
cjal-3204	881	24	redemption	redemption	NOUN
cjal-3204	881	25	.	.	PUNCT
cjal-3204	881	26	"	"	PUNCT
cjal-3204	882	1	in	in	ADP
cjal-3204	882	2	these	these	DET
cjal-3204	882	3	states	state	NOUN
cjal-3204	882	4	the	the	DET
cjal-3204	882	5	former	former	ADJ
cjal-3204	882	6	mortgagor	mortgagor	NOUN
cjal-3204	882	7	(	(	PUNCT
cjal-3204	882	8	and	and	CCONJ
cjal-3204	882	9	in	in	ADP
cjal-3204	882	10	some	some	DET
cjal-3204	882	11	cases	case	NOUN
cjal-3204	882	12	,	,	PUNCT
cjal-3204	882	13	sold	sell	VERB
cjal-3204	882	14	-	-	PUNCT
cjal-3204	882	15	out	out	ADP
cjal-3204	882	16	junior	junior	ADJ
cjal-3204	882	17	lien	lien	NOUN
cjal-3204	882	18	holders	holder	NOUN
cjal-3204	882	19	)	)	PUNCT
cjal-3204	882	20	can	can	AUX
cjal-3204	882	21	"	"	PUNCT
cjal-3204	882	22	redeem	redeem	VERB
cjal-3204	882	23	"	"	PUNCT
cjal-3204	882	24	the	the	DET
cjal-3204	882	25	property	property	NOUN
cjal-3204	882	26	after	after	ADP
cjal-3204	882	27	the	the	DET
cjal-3204	882	28	foreclosure	foreclosure	NOUN
cjal-3204	882	29	sale	sale	NOUN
cjal-3204	882	30	by	by	ADP
cjal-3204	882	31	buying	buy	VERB
cjal-3204	882	32	it	it	PRON
cjal-3204	882	33	back	back	ADV
cjal-3204	882	34	from	from	ADP
cjal-3204	882	35	the	the	DET
cjal-3204	882	36	foreclosure	foreclosure	NOUN
cjal-3204	882	37	purchaser	purchaser	NOUN
cjal-3204	882	38	.	.	PUNCT
cjal-3204	882	39	"	"	PUNCT
cjal-3204	883	1	7	7	NUM
cjal-3204	883	2	the	the	DET
cjal-3204	883	3	right	right	NOUN
cjal-3204	883	4	is	be	AUX
cjal-3204	883	5	time	time	NOUN
cjal-3204	883	6	-	-	PUNCT
cjal-3204	883	7	limited	limited	ADJ
cjal-3204	883	8	,	,	PUNCT
cjal-3204	883	9	lasting	last	VERB
cjal-3204	883	10	from	from	ADP
cjal-3204	883	11	a	a	DET
cjal-3204	883	12	few	few	ADJ
cjal-3204	883	13	weeks	week	NOUN
cjal-3204	883	14	to	to	ADP
cjal-3204	883	15	a	a	DET
cjal-3204	883	16	year	year	NOUN
cjal-3204	883	17	,	,	PUNCT
cjal-3204	883	18	depending	depend	VERB
cjal-3204	883	19	on	on	ADP
cjal-3204	883	20	the	the	DET
cjal-3204	883	21	state	state	NOUN
cjal-3204	883	22	.	.	PUNCT
cjal-3204	884	1	if	if	SCONJ
cjal-3204	884	2	the	the	DET
cjal-3204	884	3	right	right	NOUN
cjal-3204	884	4	is	be	AUX
cjal-3204	884	5	exercised	exercise	VERB
cjal-3204	884	6	,	,	PUNCT
cjal-3204	884	7	the	the	DET
cjal-3204	884	8	foreclosure	foreclosure	NOUN
cjal-3204	884	9	bidder	bidder	NOUN
cjal-3204	884	10	must	must	AUX
cjal-3204	884	11	give	give	VERB
cjal-3204	884	12	up	up	ADP
cjal-3204	884	13	the	the	DET
cjal-3204	884	14	property	property	NOUN
cjal-3204	884	15	,	,	PUNCT
cjal-3204	884	16	and	and	CCONJ
cjal-3204	884	17	will	will	AUX
cjal-3204	884	18	receive	receive	VERB
cjal-3204	884	19	a	a	DET
cjal-3204	884	20	"	"	PUNCT
cjal-3204	884	21	refund	refund	NOUN
cjal-3204	884	22	"	"	PUNCT
cjal-3204	884	23	of	of	ADP
cjal-3204	884	24	the	the	DET
cjal-3204	884	25	amount	amount	NOUN
cjal-3204	884	26	bid	bid	NOUN
cjal-3204	884	27	,	,	PUNCT
cjal-3204	884	28	and	and	CCONJ
cjal-3204	884	29	in	in	ADP
cjal-3204	884	30	some	some	DET
cjal-3204	884	31	states	state	NOUN
cjal-3204	884	32	interest	interest	NOUN
cjal-3204	884	33	and	and	CCONJ
cjal-3204	884	34	reimbursement	reimbursement	NOUN
cjal-3204	884	35	for	for	ADP
cjal-3204	884	36	expenditures	expenditure	NOUN
cjal-3204	884	37	such	such	ADJ
cjal-3204	884	38	as	as	ADP
cjal-3204	884	39	taxes	taxis	NOUN
cjal-3204	884	40	,	,	PUNCT
cjal-3204	884	41	insurance	insurance	NOUN
cjal-3204	884	42	,	,	PUNCT
cjal-3204	884	43	and	and	CCONJ
cjal-3204	884	44	improvements	improvement	NOUN
cjal-3204	884	45	.	.	PUNCT
cjal-3204	885	1	in	in	ADP
cjal-3204	885	2	theory	theory	NOUN
cjal-3204	885	3	the	the	DET
cjal-3204	885	4	right	right	NOUN
cjal-3204	885	5	of	of	ADP
cjal-3204	885	6	statutory	statutory	ADJ
cjal-3204	885	7	redemption	redemption	NOUN
cjal-3204	885	8	is	be	AUX
cjal-3204	885	9	supposed	suppose	VERB
cjal-3204	885	10	to	to	PART
cjal-3204	885	11	encourage	encourage	VERB
cjal-3204	885	12	higher	high	ADJ
cjal-3204	885	13	bids	bid	NOUN
cjal-3204	885	14	,	,	PUNCT
cjal-3204	885	15	with	with	ADP
cjal-3204	885	16	bidders	bidder	NOUN
cjal-3204	885	17	setting	set	VERB
cjal-3204	885	18	their	their	PRON
cjal-3204	885	19	prices	price	NOUN
cjal-3204	885	20	high	high	ADJ
cjal-3204	885	21	enough	enough	ADV
cjal-3204	885	22	to	to	PART
cjal-3204	885	23	make	make	VERB
cjal-3204	885	24	redemption	redemption	NOUN
cjal-3204	885	25	uneconomical	uneconomical	ADJ
cjal-3204	885	26	.	.	PUNCT
cjal-3204	886	1	in	in	ADP
cjal-3204	886	2	reality	reality	NOUN
cjal-3204	886	3	,	,	PUNCT
cjal-3204	886	4	however	however	ADV
cjal-3204	886	5	,	,	PUNCT
cjal-3204	886	6	the	the	DET
cjal-3204	886	7	result	result	NOUN
cjal-3204	886	8	is	be	AUX
cjal-3204	886	9	probably	probably	ADV
cjal-3204	886	10	just	just	ADV
cjal-3204	886	11	the	the	DET
cjal-3204	886	12	contrary	contrary	NOUN
cjal-3204	886	13	.	.	PUNCT
cjal-3204	887	1	since	since	SCONJ
cjal-3204	887	2	a	a	DET
cjal-3204	887	3	foreclosure	foreclosure	NOUN
cjal-3204	887	4	purchaser	purchaser	NOUN
cjal-3204	887	5	in	in	ADP
cjal-3204	887	6	a	a	DET
cjal-3204	887	7	state	state	NOUN
cjal-3204	887	8	with	with	ADP
cjal-3204	887	9	statutory	statutory	ADJ
cjal-3204	887	10	redemption	redemption	NOUN
cjal-3204	887	11	can	can	AUX
cjal-3204	887	12	have	have	VERB
cjal-3204	887	13	no	no	DET
cjal-3204	887	14	assurance	assurance	NOUN
cjal-3204	887	15	that	that	PRON
cjal-3204	887	16	she	she	PRON
cjal-3204	887	17	or	or	CCONJ
cjal-3204	887	18	he	he	PRON
cjal-3204	887	19	will	will	AUX
cjal-3204	887	20	be	be	AUX
cjal-3204	887	21	able	able	ADJ
cjal-3204	887	22	to	to	PART
cjal-3204	887	23	keep	keep	VERB
cjal-3204	887	24	the	the	DET
cjal-3204	887	25	property	property	NOUN
cjal-3204	887	26	after	after	ADP
cjal-3204	887	27	buying	buy	VERB
cjal-3204	887	28	at	at	ADP
cjal-3204	887	29	the	the	DET
cjal-3204	887	30	sale	sale	NOUN
cjal-3204	887	31	,	,	PUNCT
cjal-3204	887	32	many	many	ADJ
cjal-3204	887	33	potential	potential	ADJ
cjal-3204	887	34	thirdparty	thirdparty	NOUN
cjal-3204	887	35	purchasers	purchaser	NOUN
cjal-3204	887	36	are	be	AUX
cjal-3204	887	37	probably	probably	ADV
cjal-3204	887	38	discouraged	discourage	VERB
cjal-3204	887	39	from	from	ADP
cjal-3204	887	40	participating	participate	VERB
cjal-3204	887	41	in	in	ADP
cjal-3204	887	42	the	the	DET
cjal-3204	887	43	process	process	NOUN
cjal-3204	887	44	at	at	ADV
cjal-3204	887	45	all	all	ADV
cjal-3204	887	46	,	,	PUNCT
cjal-3204	887	47	118	118	NUM
cjal-3204	887	48	thus	thus	ADV
cjal-3204	887	49	reducing	reduce	VERB
cjal-3204	887	50	competition	competition	NOUN
cjal-3204	887	51	and	and	CCONJ
cjal-3204	887	52	lowering	lower	VERB
cjal-3204	887	53	ultimate	ultimate	ADJ
cjal-3204	887	54	prices	price	NOUN
cjal-3204	887	55	paid	pay	VERB
cjal-3204	887	56	.	.	PUNCT
cjal-3204	888	1	the	the	DET
cjal-3204	888	2	marketing	marketing	NOUN
cjal-3204	888	3	effort	effort	NOUN
cjal-3204	888	4	that	that	PRON
cjal-3204	888	5	precedes	precede	VERB
cjal-3204	888	6	foreclosure	foreclosure	NOUN
cjal-3204	888	7	auctions	auction	NOUN
cjal-3204	888	8	in	in	ADP
cjal-3204	888	9	the	the	DET
cjal-3204	888	10	united	united	PROPN
cjal-3204	888	11	states	states	PROPN
cjal-3204	888	12	is	be	AUX
cjal-3204	888	13	laughably	laughably	ADV
cjal-3204	888	14	inadequate	inadequate	ADJ
cjal-3204	888	15	when	when	SCONJ
cjal-3204	888	16	compared	compare	VERB
cjal-3204	888	17	with	with	ADP
cjal-3204	888	18	non	non	ADJ
cjal-3204	888	19	-	-	ADJ
cjal-3204	888	20	distress	distress	ADJ
cjal-3204	888	21	real	real	ADJ
cjal-3204	888	22	estate	estate	NOUN
cjal-3204	888	23	auctions	auction	NOUN
cjal-3204	888	24	.	.	PUNCT
cjal-3204	889	1	the	the	DET
cjal-3204	889	2	professionals	professional	NOUN
cjal-3204	889	3	who	who	PRON
cjal-3204	889	4	sell	sell	VERB
cjal-3204	889	5	real	real	ADJ
cjal-3204	889	6	estate	estate	NOUN
cjal-3204	889	7	at	at	ADP
cjal-3204	889	8	auction	auction	NOUN
cjal-3204	889	9	know	know	VERB
cjal-3204	889	10	that	that	SCONJ
cjal-3204	889	11	very	very	ADV
cjal-3204	889	12	substantial	substantial	ADJ
cjal-3204	889	13	advance	advance	NOUN
cjal-3204	889	14	efforts	effort	NOUN
cjal-3204	889	15	are	be	AUX
cjal-3204	889	16	essential	essential	ADJ
cjal-3204	889	17	to	to	PART
cjal-3204	889	18	ensure	ensure	VERB
cjal-3204	889	19	that	that	SCONJ
cjal-3204	889	20	many	many	ADJ
cjal-3204	889	21	bidders	bidder	NOUN
cjal-3204	889	22	are	be	AUX
cjal-3204	889	23	present	present	ADJ
cjal-3204	889	24	,	,	PUNCT
cjal-3204	889	25	that	that	SCONJ
cjal-3204	889	26	they	they	PRON
cjal-3204	889	27	have	have	VERB
cjal-3204	889	28	the	the	DET
cjal-3204	889	29	information	information	NOUN
cjal-3204	889	30	they	they	PRON
cjal-3204	889	31	need	need	VERB
cjal-3204	889	32	to	to	PART
cjal-3204	889	33	bid	bid	VERB
cjal-3204	889	34	,	,	PUNCT
cjal-3204	889	35	and	and	CCONJ
cjal-3204	889	36	that	that	SCONJ
cjal-3204	889	37	they	they	PRON
cjal-3204	889	38	are	be	AUX
cjal-3204	889	39	qualified	qualified	ADJ
cjal-3204	889	40	bidders	bidder	NOUN
cjal-3204	889	41	.	.	PUNCT
cjal-3204	890	1	to	to	PART
cjal-3204	890	2	accomplish	accomplish	VERB
cjal-3204	890	3	this	this	PRON
cjal-3204	890	4	in	in	ADP
cjal-3204	890	5	non	non	ADJ
cjal-3204	890	6	-	-	ADJ
cjal-3204	890	7	foreclosure	foreclosure	ADJ
cjal-3204	890	8	auctions	auction	NOUN
cjal-3204	890	9	,	,	PUNCT
cjal-3204	890	10	a	a	DET
cjal-3204	890	11	bidder	bidder	NOUN
cjal-3204	890	12	's	's	PART
cjal-3204	890	13	package	package	NOUN
cjal-3204	890	14	of	of	ADP
cjal-3204	890	15	materials	material	NOUN
cjal-3204	890	16	is	be	AUX
cjal-3204	890	17	usually	usually	ADV
cjal-3204	890	18	made	make	VERB
cjal-3204	890	19	widely	widely	ADV
cjal-3204	890	20	available	available	ADJ
cjal-3204	890	21	to	to	ADP
cjal-3204	890	22	prospective	prospective	ADJ
cjal-3204	890	23	bidders	bidder	NOUN
cjal-3204	890	24	,	,	PUNCT
cjal-3204	890	25	and	and	CCONJ
cjal-3204	890	26	will	will	AUX
cjal-3204	890	27	include	include	VERB
cjal-3204	890	28	plans	plan	NOUN
cjal-3204	890	29	,	,	PUNCT
cjal-3204	890	30	photographs	photograph	NOUN
cjal-3204	890	31	,	,	PUNCT
cjal-3204	890	32	surveys	survey	NOUN
cjal-3204	890	33	,	,	PUNCT
cjal-3204	890	34	inspection	inspection	NOUN
cjal-3204	890	35	reports	report	NOUN
cjal-3204	890	36	,	,	PUNCT
cjal-3204	890	37	appraisals	appraisal	NOUN
cjal-3204	890	38	,	,	PUNCT
cjal-3204	890	39	title	title	NOUN
cjal-3204	890	40	reports	report	NOUN
cjal-3204	890	41	and	and	CCONJ
cjal-3204	890	42	underlying	underlie	VERB
cjal-3204	890	43	documents	document	NOUN
cjal-3204	890	44	,	,	PUNCT
cjal-3204	890	45	116	116	NUM
cjal-3204	890	46	.	.	PUNCT
cjal-3204	891	1	see	see	VERB
cjal-3204	891	2	nelson	nelson	PROPN
cjal-3204	891	3	&	&	CCONJ
cjal-3204	891	4	whitman	whitman	PROPN
cjal-3204	891	5	,	,	PUNCT
cjal-3204	891	6	supra	supra	PROPN
cjal-3204	891	7	note	note	PROPN
cjal-3204	891	8	1	1	NUM
cjal-3204	891	9	,	,	PUNCT
cjal-3204	891	10	at	at	ADP
cjal-3204	891	11	§	§	PROPN
cjal-3204	891	12	7.15	7.15	NUM
cjal-3204	891	13	for	for	ADP
cjal-3204	891	14	a	a	DET
cjal-3204	891	15	discussion	discussion	NOUN
cjal-3204	891	16	of	of	ADP
cjal-3204	891	17	the	the	DET
cjal-3204	891	18	problem	problem	NOUN
cjal-3204	891	19	of	of	ADP
cjal-3204	891	20	the	the	DET
cjal-3204	891	21	"	"	PUNCT
cjal-3204	891	22	omitted	omit	VERB
cjal-3204	891	23	party	party	NOUN
cjal-3204	891	24	.	.	PUNCT
cjal-3204	891	25	"	"	PUNCT
cjal-3204	892	1	hud	hud	PROPN
cjal-3204	892	2	guarantees	guarantee	VERB
cjal-3204	892	3	the	the	DET
cjal-3204	892	4	title	title	NOUN
cjal-3204	892	5	to	to	ADP
cjal-3204	892	6	the	the	DET
cjal-3204	892	7	foreclosed	foreclose	VERB
cjal-3204	892	8	houses	house	NOUN
cjal-3204	892	9	that	that	PRON
cjal-3204	892	10	it	it	PRON
cjal-3204	892	11	auctions	auction	VERB
cjal-3204	892	12	;	;	PUNCT
cjal-3204	892	13	see	see	VERB
cjal-3204	892	14	allen	allen	PROPN
cjal-3204	892	15	,	,	PUNCT
cjal-3204	892	16	supra	supra	PROPN
cjal-3204	892	17	note	note	NOUN
cjal-3204	892	18	97	97	NUM
cjal-3204	892	19	.	.	PUNCT
cjal-3204	893	1	however	however	ADV
cjal-3204	893	2	,	,	PUNCT
cjal-3204	893	3	there	there	PRON
cjal-3204	893	4	is	be	VERB
cjal-3204	893	5	typically	typically	ADV
cjal-3204	893	6	no	no	DET
cjal-3204	893	7	such	such	ADJ
cjal-3204	893	8	seller	seller	NOUN
cjal-3204	893	9	's	's	PART
cjal-3204	893	10	warranty	warranty	NOUN
cjal-3204	893	11	in	in	ADP
cjal-3204	893	12	a	a	DET
cjal-3204	893	13	foreclosure	foreclosure	NOUN
cjal-3204	893	14	sale	sale	NOUN
cjal-3204	893	15	.	.	PUNCT
cjal-3204	894	1	117	117	NUM
cjal-3204	894	2	.	.	PUNCT
cjal-3204	895	1	see	see	VERB
cjal-3204	895	2	nelson	nelson	PROPN
cjal-3204	895	3	&	&	CCONJ
cjal-3204	895	4	whitman	whitman	PROPN
cjal-3204	895	5	,	,	PUNCT
cjal-3204	895	6	supra	supra	PROPN
cjal-3204	895	7	note	note	PROPN
cjal-3204	895	8	1	1	NUM
cjal-3204	895	9	,	,	PUNCT
cjal-3204	895	10	at	at	ADP
cjal-3204	895	11	§	§	PROPN
cjal-3204	895	12	§	§	PROPN
cjal-3204	895	13	8.4	8.4	NUM
cjal-3204	895	14	-	-	SYM
cjal-3204	895	15	8.7	8.7	NUM
cjal-3204	895	16	.	.	PUNCT
cjal-3204	895	17	118	118	NUM
cjal-3204	895	18	.	.	PUNCT
cjal-3204	896	1	i	i	PRON
cjal-3204	896	2	d.	d.	PROPN
cjal-3204	896	3	at	at	ADP
cjal-3204	896	4	§	§	PROPN
cjal-3204	896	5	8.4	8.4	NUM
cjal-3204	896	6	,	,	PUNCT
cjal-3204	896	7	pp	pp	ADJ
cjal-3204	896	8	.	.	PUNCT
cjal-3204	897	1	611	611	NUM
cjal-3204	897	2	-	-	SYM
cjal-3204	897	3	12	12	NUM
cjal-3204	897	4	;	;	PUNCT
cjal-3204	898	1	steven	steven	PROPN
cjal-3204	898	2	wechsler	wechsler	PROPN
cjal-3204	898	3	,	,	PUNCT
cjal-3204	898	4	through	through	ADP
cjal-3204	898	5	the	the	DET
cjal-3204	898	6	looking	look	VERB
cjal-3204	898	7	glass	glass	NOUN
cjal-3204	898	8	:	:	PUNCT
cjal-3204	898	9	foreclosure	foreclosure	NOUN
cjal-3204	898	10	by	by	ADP
cjal-3204	898	11	sale	sale	NOUN
cjal-3204	898	12	as	as	ADP
cjal-3204	898	13	de	de	X
cjal-3204	898	14	facto	facto	X
cjal-3204	898	15	strict	strict	ADJ
cjal-3204	898	16	foreclosure	foreclosure	NOUN
cjal-3204	898	17	an	an	DET
cjal-3204	898	18	empirical	empirical	ADJ
cjal-3204	898	19	study	study	NOUN
cjal-3204	898	20	of	of	ADP
cjal-3204	898	21	mortgage	mortgage	NOUN
cjal-3204	898	22	foreclosure	foreclosure	NOUN
cjal-3204	898	23	and	and	CCONJ
cjal-3204	898	24	subsequent	subsequent	ADJ
cjal-3204	898	25	resale	resale	NOUN
cjal-3204	898	26	,	,	PUNCT
cjal-3204	898	27	76	76	NUM
cjal-3204	898	28	cornell	cornell	PROPN
cjal-3204	898	29	l.	l.	PROPN
cjal-3204	898	30	rev	rev	PROPN
cjal-3204	898	31	.	.	PROPN
cjal-3204	898	32	850	850	NUM
cjal-3204	898	33	,	,	PUNCT
cjal-3204	898	34	860	860	NUM
cjal-3204	898	35	-	-	SYM
cjal-3204	898	36	61	61	NUM
cjal-3204	898	37	(	(	PUNCT
cjal-3204	898	38	1985	1985	NUM
cjal-3204	898	39	)	)	PUNCT
cjal-3204	898	40	;	;	PUNCT
cjal-3204	898	41	comment	comment	NOUN
cjal-3204	898	42	,	,	PUNCT
cjal-3204	898	43	statutory	statutory	ADJ
cjal-3204	898	44	redemption	redemption	NOUN
cjal-3204	898	45	:	:	PUNCT
cjal-3204	898	46	the	the	DET
cjal-3204	898	47	enemy	enemy	NOUN
cjal-3204	898	48	of	of	ADP
cjal-3204	898	49	home	home	NOUN
cjal-3204	898	50	financing	financing	NOUN
cjal-3204	898	51	,	,	PUNCT
cjal-3204	898	52	28	28	NUM
cjal-3204	898	53	wash	wash	NOUN
cjal-3204	898	54	.	.	PUNCT
cjal-3204	899	1	l.	l.	PROPN
cjal-3204	899	2	rev	rev	PROPN
cjal-3204	899	3	.	.	PROPN
cjal-3204	899	4	39	39	NUM
cjal-3204	899	5	(	(	PUNCT
cjal-3204	899	6	1953	1953	NUM
cjal-3204	899	7	)	)	PUNCT
cjal-3204	899	8	.	.	PUNCT
cjal-3204	900	1	[	[	X
cjal-3204	900	2	15:1	15:1	NUM
cjal-3204	900	3	chinese	chinese	ADJ
cjal-3204	900	4	mortgagel4w	mortgagel4w	ADJ
cjal-3204	900	5	condominium	condominium	NOUN
cjal-3204	900	6	formation	formation	NOUN
cjal-3204	900	7	documents	document	NOUN
cjal-3204	900	8	,	,	PUNCT
cjal-3204	900	9	and	and	CCONJ
cjal-3204	900	10	a	a	DET
cjal-3204	900	11	copy	copy	NOUN
cjal-3204	900	12	of	of	ADP
cjal-3204	900	13	the	the	DET
cjal-3204	900	14	intended	intend	VERB
cjal-3204	900	15	contract	contract	NOUN
cjal-3204	900	16	of	of	ADP
cjal-3204	900	17	sale	sale	NOUN
cjal-3204	900	18	to	to	ADP
cjal-3204	900	19	the	the	DET
cjal-3204	900	20	successful	successful	ADJ
cjal-3204	900	21	bidder	bidder	NOUN
cjal-3204	900	22	.	.	PUNCT
cjal-3204	901	1	if	if	SCONJ
cjal-3204	901	2	the	the	DET
cjal-3204	901	3	property	property	NOUN
cjal-3204	901	4	is	be	AUX
cjal-3204	901	5	rented	rent	VERB
cjal-3204	901	6	,	,	PUNCT
cjal-3204	901	7	copies	copy	NOUN
cjal-3204	901	8	of	of	ADP
cjal-3204	901	9	the	the	DET
cjal-3204	901	10	leases	lease	NOUN
cjal-3204	901	11	,	,	PUNCT
cjal-3204	901	12	financial	financial	ADJ
cjal-3204	901	13	statements	statement	NOUN
cjal-3204	901	14	,	,	PUNCT
cjal-3204	901	15	and	and	CCONJ
cjal-3204	901	16	service	service	NOUN
cjal-3204	901	17	contracts	contract	NOUN
cjal-3204	901	18	may	may	AUX
cjal-3204	901	19	be	be	AUX
cjal-3204	901	20	included	include	VERB
cjal-3204	901	21	in	in	ADP
cjal-3204	901	22	the	the	DET
cjal-3204	901	23	package	package	NOUN
cjal-3204	901	24	.	.	PUNCT
cjal-3204	902	1	19	19	NUM
cjal-3204	902	2	as	as	SCONJ
cjal-3204	902	3	noted	note	VERB
cjal-3204	902	4	above	above	ADV
cjal-3204	902	5	,	,	PUNCT
cjal-3204	902	6	ample	ample	ADJ
cjal-3204	902	7	pre	pre	NOUN
cjal-3204	902	8	-	-	NOUN
cjal-3204	902	9	auction	auction	NOUN
cjal-3204	902	10	opportunity	opportunity	NOUN
cjal-3204	902	11	for	for	SCONJ
cjal-3204	902	12	bidders	bidder	NOUN
cjal-3204	902	13	to	to	PART
cjal-3204	902	14	inspect	inspect	VERB
cjal-3204	902	15	the	the	DET
cjal-3204	902	16	property	property	NOUN
cjal-3204	902	17	-will	-will	NOUN
cjal-3204	902	18	also	also	ADV
cjal-3204	902	19	be	be	AUX
cjal-3204	902	20	provided	provide	VERB
cjal-3204	902	21	.	.	PUNCT
cjal-3204	903	1	in	in	ADP
cjal-3204	903	2	foreclosure	foreclosure	NOUN
cjal-3204	903	3	auctions	auction	NOUN
cjal-3204	903	4	,	,	PUNCT
cjal-3204	903	5	by	by	ADP
cjal-3204	903	6	contrast	contrast	NOUN
cjal-3204	903	7	,	,	PUNCT
cjal-3204	903	8	the	the	DET
cjal-3204	903	9	only	only	ADJ
cjal-3204	903	10	"	"	PUNCT
cjal-3204	903	11	marketing	marketing	NOUN
cjal-3204	903	12	"	"	PUNCT
cjal-3204	903	13	is	be	AUX
cjal-3204	903	14	typically	typically	ADV
cjal-3204	903	15	a	a	DET
cjal-3204	903	16	classified	classified	ADJ
cjal-3204	903	17	advertisement	advertisement	NOUN
cjal-3204	903	18	in	in	ADP
cjal-3204	903	19	the	the	DET
cjal-3204	903	20	local	local	ADJ
cjal-3204	903	21	newspaper	newspaper	NOUN
cjal-3204	903	22	that	that	PRON
cjal-3204	903	23	gives	give	VERB
cjal-3204	903	24	the	the	DET
cjal-3204	903	25	legal	legal	ADJ
cjal-3204	903	26	description	description	NOUN
cjal-3204	903	27	of	of	ADP
cjal-3204	903	28	the	the	DET
cjal-3204	903	29	land	land	NOUN
cjal-3204	903	30	and	and	CCONJ
cjal-3204	903	31	perhaps	perhaps	ADV
cjal-3204	903	32	a	a	DET
cjal-3204	903	33	little	little	ADJ
cjal-3204	903	34	additional	additional	ADJ
cjal-3204	903	35	information	information	NOUN
cjal-3204	903	36	,	,	PUNCT
cjal-3204	903	37	such	such	ADJ
cjal-3204	903	38	as	as	ADP
cjal-3204	903	39	its	its	PRON
cjal-3204	903	40	street	street	NOUN
cjal-3204	903	41	address	address	NOUN
cjal-3204	903	42	and	and	CCONJ
cjal-3204	903	43	the	the	DET
cjal-3204	903	44	type	type	NOUN
cjal-3204	903	45	of	of	ADP
cjal-3204	903	46	improvements	improvement	NOUN
cjal-3204	903	47	located	locate	VERB
cjal-3204	903	48	on	on	ADP
cjal-3204	903	49	it	it	PRON
cjal-3204	903	50	.	.	PUNCT
cjal-3204	904	1	a	a	DET
cjal-3204	904	2	notice	notice	NOUN
cjal-3204	904	3	may	may	AUX
cjal-3204	904	4	also	also	ADV
cjal-3204	904	5	be	be	AUX
cjal-3204	904	6	recorded	record	VERB
cjal-3204	904	7	in	in	ADP
cjal-3204	904	8	the	the	DET
cjal-3204	904	9	public	public	ADJ
cjal-3204	904	10	records	record	NOUN
cjal-3204	904	11	and	and	CCONJ
cjal-3204	904	12	posted	post	VERB
cjal-3204	904	13	on	on	ADP
cjal-3204	904	14	the	the	DET
cjal-3204	904	15	land	land	NOUN
cjal-3204	904	16	itself	itself	PRON
cjal-3204	904	17	,	,	PUNCT
cjal-3204	904	18	containing	contain	VERB
cjal-3204	904	19	the	the	DET
cjal-3204	904	20	same	same	ADJ
cjal-3204	904	21	data	datum	NOUN
cjal-3204	904	22	.	.	PUNCT
cjal-3204	905	1	it	it	PRON
cjal-3204	905	2	is	be	AUX
cjal-3204	905	3	up	up	ADP
cjal-3204	905	4	to	to	ADP
cjal-3204	905	5	the	the	DET
cjal-3204	905	6	individual	individual	ADJ
cjal-3204	905	7	bidders	bidder	NOUN
cjal-3204	905	8	to	to	PART
cjal-3204	905	9	accumulate	accumulate	VERB
cjal-3204	905	10	the	the	DET
cjal-3204	905	11	additional	additional	ADJ
cjal-3204	905	12	information	information	NOUN
cjal-3204	905	13	they	they	PRON
cjal-3204	905	14	need	need	VERB
cjal-3204	905	15	to	to	PART
cjal-3204	905	16	formulate	formulate	VERB
cjal-3204	905	17	intelligent	intelligent	ADJ
cjal-3204	905	18	bids	bid	NOUN
cjal-3204	905	19	.	.	PUNCT
cjal-3204	906	1	the	the	DET
cjal-3204	906	2	foreclosing	foreclose	VERB
cjal-3204	906	3	mortgagee	mortgagee	NOUN
cjal-3204	906	4	may	may	AUX
cjal-3204	906	5	or	or	CCONJ
cjal-3204	906	6	may	may	AUX
cjal-3204	906	7	not	not	PART
cjal-3204	906	8	have	have	VERB
cjal-3204	906	9	this	this	DET
cjal-3204	906	10	information	information	NOUN
cjal-3204	906	11	,	,	PUNCT
cjal-3204	906	12	and	and	CCONJ
cjal-3204	906	13	may	may	AUX
cjal-3204	906	14	or	or	CCONJ
cjal-3204	906	15	may	may	AUX
cjal-3204	906	16	not	not	PART
cjal-3204	906	17	be	be	AUX
cjal-3204	906	18	cooperative	cooperative	ADJ
cjal-3204	906	19	in	in	ADP
cjal-3204	906	20	passing	pass	VERB
cjal-3204	906	21	it	it	PRON
cjal-3204	906	22	to	to	ADP
cjal-3204	906	23	prospective	prospective	ADJ
cjal-3204	906	24	bidders	bidder	NOUN
cjal-3204	906	25	.	.	PUNCT
cjal-3204	907	1	the	the	DET
cjal-3204	907	2	result	result	NOUN
cjal-3204	907	3	of	of	ADP
cjal-3204	907	4	all	all	PRON
cjal-3204	907	5	of	of	ADP
cjal-3204	907	6	these	these	DET
cjal-3204	907	7	factors	factor	NOUN
cjal-3204	907	8	is	be	AUX
cjal-3204	907	9	that	that	SCONJ
cjal-3204	907	10	prices	price	NOUN
cjal-3204	907	11	bid	bid	VERB
cjal-3204	907	12	at	at	ADP
cjal-3204	907	13	foreclosure	foreclosure	NOUN
cjal-3204	907	14	sales	sale	NOUN
cjal-3204	907	15	are	be	AUX
cjal-3204	907	16	often	often	ADV
cjal-3204	907	17	well	well	ADV
cjal-3204	907	18	below	below	ADP
cjal-3204	907	19	the	the	DET
cjal-3204	907	20	fair	fair	ADJ
cjal-3204	907	21	market	market	NOUN
cjal-3204	907	22	value	value	NOUN
cjal-3204	907	23	of	of	ADP
cjal-3204	907	24	the	the	DET
cjal-3204	907	25	property	property	NOUN
cjal-3204	907	26	being	be	AUX
cjal-3204	907	27	foreclosed.12	foreclosed.12	NOUN
cjal-3204	907	28	0	0	NUM
cjal-3204	907	29	in	in	ADP
cjal-3204	907	30	most	most	ADJ
cjal-3204	907	31	cases	case	NOUN
cjal-3204	907	32	,	,	PUNCT
cjal-3204	907	33	the	the	DET
cjal-3204	907	34	successful	successful	ADJ
cjal-3204	907	35	bids	bid	NOUN
cjal-3204	907	36	is	be	AUX
cjal-3204	907	37	made	make	VERB
cjal-3204	907	38	by	by	ADP
cjal-3204	907	39	the	the	DET
cjal-3204	907	40	lender	lender	NOUN
cjal-3204	907	41	who	who	PRON
cjal-3204	907	42	holds	hold	VERB
cjal-3204	907	43	the	the	DET
cjal-3204	907	44	loan	loan	NOUN
cjal-3204	907	45	,	,	PUNCT
cjal-3204	907	46	and	and	CCONJ
cjal-3204	907	47	there	there	PRON
cjal-3204	907	48	are	be	VERB
cjal-3204	907	49	no	no	DET
cjal-3204	907	50	bids	bid	NOUN
cjal-3204	907	51	at	at	ADV
cjal-3204	907	52	all	all	ADV
cjal-3204	907	53	by	by	ADP
cjal-3204	907	54	third	third	ADJ
cjal-3204	907	55	parties	party	NOUN
cjal-3204	907	56	in	in	ADP
cjal-3204	907	57	many	many	ADJ
cjal-3204	907	58	cases.121	cases.121	NOUN
cjal-3204	907	59	of	of	ADP
cjal-3204	907	60	course	course	NOUN
cjal-3204	907	61	,	,	PUNCT
cjal-3204	907	62	if	if	SCONJ
cjal-3204	907	63	a	a	DET
cjal-3204	907	64	bid	bid	NOUN
cjal-3204	907	65	is	be	AUX
cjal-3204	907	66	made	make	VERB
cjal-3204	907	67	by	by	ADP
cjal-3204	907	68	the	the	DET
cjal-3204	907	69	mortgage	mortgage	NOUN
cjal-3204	907	70	lender	lender	NOUN
cjal-3204	907	71	,	,	PUNCT
cjal-3204	907	72	the	the	DET
cjal-3204	907	73	lender	lender	NOUN
cjal-3204	907	74	has	have	AUX
cjal-3204	907	75	already	already	ADV
cjal-3204	907	76	invested	invest	VERB
cjal-3204	907	77	the	the	DET
cjal-3204	907	78	amount	amount	NOUN
cjal-3204	907	79	of	of	ADP
cjal-3204	907	80	the	the	DET
cjal-3204	907	81	loan	loan	NOUN
cjal-3204	907	82	balance	balance	NOUN
cjal-3204	907	83	in	in	ADP
cjal-3204	907	84	the	the	DET
cjal-3204	907	85	property	property	NOUN
cjal-3204	907	86	,	,	PUNCT
cjal-3204	907	87	so	so	SCONJ
cjal-3204	907	88	that	that	SCONJ
cjal-3204	907	89	in	in	ADP
cjal-3204	907	90	economic	economic	ADJ
cjal-3204	907	91	terms	term	NOUN
cjal-3204	907	92	it	it	PRON
cjal-3204	907	93	matters	matter	VERB
cjal-3204	907	94	little	little	ADJ
cjal-3204	907	95	whether	whether	SCONJ
cjal-3204	907	96	the	the	DET
cjal-3204	907	97	lender	lender	NOUN
cjal-3204	907	98	bids	bid	VERB
cjal-3204	907	99	the	the	DET
cjal-3204	907	100	full	full	ADJ
cjal-3204	907	101	loan	loan	NOUN
cjal-3204	907	102	balance	balance	NOUN
cjal-3204	907	103	,	,	PUNCT
cjal-3204	907	104	a	a	DET
cjal-3204	907	105	nominal	nominal	ADJ
cjal-3204	907	106	amount	amount	NOUN
cjal-3204	907	107	such	such	ADJ
cjal-3204	907	108	as	as	ADP
cjal-3204	907	109	one	one	NUM
cjal-3204	907	110	dollar	dollar	NOUN
cjal-3204	907	111	,	,	PUNCT
cjal-3204	907	112	or	or	CCONJ
cjal-3204	907	113	any	any	DET
cjal-3204	907	114	amount	amount	NOUN
cjal-3204	907	115	in	in	ADP
cjal-3204	907	116	between	between	ADP
cjal-3204	907	117	.	.	PUNCT
cjal-3204	908	1	nevertheless	nevertheless	ADV
cjal-3204	908	2	,	,	PUNCT
cjal-3204	908	3	the	the	DET
cjal-3204	908	4	absence	absence	NOUN
cjal-3204	908	5	of	of	ADP
cjal-3204	908	6	third	third	ADJ
cjal-3204	908	7	party	party	NOUN
cjal-3204	908	8	bidders	bidder	NOUN
cjal-3204	908	9	may	may	AUX
cjal-3204	908	10	give	give	VERB
cjal-3204	908	11	the	the	DET
cjal-3204	908	12	lender	lender	NOUN
cjal-3204	908	13	an	an	DET
cjal-3204	908	14	opportunity	opportunity	NOUN
cjal-3204	908	15	to	to	PART
cjal-3204	908	16	deprive	deprive	VERB
cjal-3204	908	17	the	the	DET
cjal-3204	908	18	borrower	borrower	NOUN
cjal-3204	908	19	of	of	ADP
cjal-3204	908	20	significant	significant	ADJ
cjal-3204	908	21	economic	economic	ADJ
cjal-3204	908	22	value	value	NOUN
cjal-3204	908	23	,	,	PUNCT
cjal-3204	908	24	either	either	CCONJ
cjal-3204	908	25	by	by	ADP
cjal-3204	908	26	(	(	PUNCT
cjal-3204	908	27	1	1	X
cjal-3204	908	28	)	)	PUNCT
cjal-3204	908	29	bidding	bid	VERB
cjal-3204	908	30	less	less	ADJ
cjal-3204	908	31	than	than	ADP
cjal-3204	908	32	the	the	DET
cjal-3204	908	33	property	property	NOUN
cjal-3204	908	34	's	's	PART
cjal-3204	908	35	value	value	NOUN
cjal-3204	908	36	,	,	PUNCT
cjal-3204	908	37	so	so	SCONJ
cjal-3204	908	38	as	as	SCONJ
cjal-3204	908	39	to	to	PART
cjal-3204	908	40	deprive	deprive	VERB
cjal-3204	908	41	the	the	DET
cjal-3204	908	42	borrower	borrower	NOUN
cjal-3204	908	43	of	of	ADP
cjal-3204	908	44	the	the	DET
cjal-3204	908	45	opportunity	opportunity	NOUN
cjal-3204	908	46	to	to	PART
cjal-3204	908	47	recover	recover	VERB
cjal-3204	908	48	a	a	DET
cjal-3204	908	49	surplus	surplus	NOUN
cjal-3204	908	50	from	from	ADP
cjal-3204	908	51	the	the	DET
cjal-3204	908	52	sale	sale	NOUN
cjal-3204	908	53	,	,	PUNCT
cjal-3204	908	54	or	or	CCONJ
cjal-3204	908	55	(	(	PUNCT
cjal-3204	908	56	2	2	X
cjal-3204	908	57	)	)	PUNCT
cjal-3204	908	58	bidding	bid	VERB
cjal-3204	908	59	less	less	ADJ
cjal-3204	908	60	than	than	ADP
cjal-3204	908	61	both	both	CCONJ
cjal-3204	908	62	the	the	DET
cjal-3204	908	63	value	value	NOUN
cjal-3204	908	64	and	and	CCONJ
cjal-3204	908	65	the	the	DET
cjal-3204	908	66	debt	debt	NOUN
cjal-3204	908	67	,	,	PUNCT
cjal-3204	908	68	so	so	SCONJ
cjal-3204	908	69	as	as	SCONJ
cjal-3204	908	70	to	to	PART
cjal-3204	908	71	create	create	VERB
cjal-3204	908	72	a	a	DET
cjal-3204	908	73	liability	liability	NOUN
cjal-3204	908	74	for	for	ADP
cjal-3204	908	75	a	a	DET
cjal-3204	908	76	deficiency	deficiency	NOUN
cjal-3204	908	77	on	on	ADP
cjal-3204	908	78	the	the	DET
cjal-3204	908	79	part	part	NOUN
cjal-3204	908	80	of	of	ADP
cjal-3204	908	81	the	the	DET
cjal-3204	908	82	borrower.in	borrower.in	NUM
cjal-3204	908	83	empirical	empirical	ADJ
cjal-3204	908	84	evidence	evidence	NOUN
cjal-3204	908	85	of	of	ADP
cjal-3204	908	86	adequacy	adequacy	NOUN
cjal-3204	908	87	of	of	ADP
cjal-3204	908	88	foreclosure	foreclosure	NOUN
cjal-3204	908	89	prices	price	NOUN
cjal-3204	908	90	.	.	PUNCT
cjal-3204	909	1	the	the	DET
cjal-3204	909	2	statements	statement	NOUN
cjal-3204	909	3	in	in	ADP
cjal-3204	909	4	the	the	DET
cjal-3204	909	5	foregoing	forego	VERB
cjal-3204	909	6	paragraph	paragraph	NOUN
cjal-3204	909	7	should	should	AUX
cjal-3204	909	8	not	not	PART
cjal-3204	909	9	be	be	AUX
cjal-3204	909	10	taken	take	VERB
cjal-3204	909	11	as	as	ADP
cjal-3204	909	12	an	an	DET
cjal-3204	909	13	assertion	assertion	NOUN
cjal-3204	909	14	that	that	SCONJ
cjal-3204	909	15	most	most	ADJ
cjal-3204	909	16	or	or	CCONJ
cjal-3204	909	17	nearly	nearly	ADV
cjal-3204	909	18	all	all	PRON
cjal-3204	909	19	foreclosure	foreclosure	NOUN
cjal-3204	909	20	auctions	auction	NOUN
cjal-3204	909	21	bring	bring	VERB
cjal-3204	909	22	inadequate	inadequate	ADJ
cjal-3204	909	23	prices	price	NOUN
cjal-3204	909	24	.	.	PUNCT
cjal-3204	910	1	two	two	NUM
cjal-3204	910	2	empirical	empirical	ADJ
cjal-3204	910	3	studies	study	NOUN
cjal-3204	910	4	done	do	VERB
cjal-3204	910	5	in	in	ADP
cjal-3204	910	6	recent	recent	ADJ
cjal-3204	910	7	years	year	NOUN
cjal-3204	910	8	shed	shed	VERB
cjal-3204	910	9	considerable	considerable	ADJ
cjal-3204	910	10	light	light	NOUN
cjal-3204	910	11	on	on	ADP
cjal-3204	910	12	the	the	DET
cjal-3204	910	13	119	119	NUM
cjal-3204	910	14	.	.	PUNCT
cjal-3204	911	1	see	see	VERB
cjal-3204	911	2	kiavets	kiavet	NOUN
cjal-3204	911	3	,	,	PUNCT
cjal-3204	911	4	supra	supra	PROPN
cjal-3204	911	5	note	note	NOUN
cjal-3204	911	6	100	100	NUM
cjal-3204	911	7	.	.	X
cjal-3204	912	1	120	120	NUM
cjal-3204	912	2	.	.	PUNCT
cjal-3204	913	1	see	see	VERB
cjal-3204	913	2	washburn	washburn	PROPN
cjal-3204	913	3	,	,	PUNCT
cjal-3204	913	4	supra	supra	PROPN
cjal-3204	913	5	note	note	PROPN
cjal-3204	913	6	89	89	NUM
cjal-3204	913	7	,	,	PUNCT
cjal-3204	913	8	at	at	ADP
cjal-3204	913	9	848	848	NUM
cjal-3204	913	10	-	-	SYM
cjal-3204	913	11	50	50	NUM
cjal-3204	913	12	;	;	PUNCT
cjal-3204	913	13	steven	steven	PROPN
cjal-3204	913	14	wechsler	wechsler	PROPN
cjal-3204	913	15	,	,	PUNCT
cjal-3204	913	16	through	through	ADP
cjal-3204	913	17	the	the	DET
cjal-3204	913	18	looking	look	VERB
cjal-3204	913	19	glass	glass	NOUN
cjal-3204	913	20	:	:	PUNCT
cjal-3204	913	21	foreclosure	foreclosure	NOUN
cjal-3204	913	22	by	by	ADP
cjal-3204	913	23	sale	sale	NOUN
cjal-3204	913	24	as	as	ADP
cjal-3204	913	25	de	de	X
cjal-3204	913	26	facto	facto	X
cjal-3204	913	27	strict	strict	ADJ
cjal-3204	913	28	foreclosure	foreclosure	NOUN
cjal-3204	913	29	an	an	DET
cjal-3204	913	30	empirical	empirical	ADJ
cjal-3204	913	31	study	study	NOUN
cjal-3204	913	32	of	of	ADP
cjal-3204	913	33	mortgage	mortgage	NOUN
cjal-3204	913	34	foreclosure	foreclosure	NOUN
cjal-3204	913	35	and	and	CCONJ
cjal-3204	913	36	subsequent	subsequent	ADJ
cjal-3204	913	37	resale	resale	NOUN
cjal-3204	913	38	,	,	PUNCT
cjal-3204	913	39	70	70	NUM
cjal-3204	913	40	cornell	cornell	PROPN
cjal-3204	913	41	l.	l.	PROPN
cjal-3204	913	42	rev	rev	PROPN
cjal-3204	913	43	.	.	PROPN
cjal-3204	913	44	850	850	NUM
cjal-3204	913	45	(	(	PUNCT
cjal-3204	913	46	1985	1985	NUM
cjal-3204	913	47	)	)	PUNCT
cjal-3204	913	48	;	;	PUNCT
cjal-3204	913	49	stark	stark	ADJ
cjal-3204	913	50	,	,	PUNCT
cjal-3204	913	51	supra	supra	PROPN
cjal-3204	913	52	note	note	NOUN
cjal-3204	913	53	113	113	NUM
cjal-3204	913	54	.	.	PUNCT
cjal-3204	913	55	121	121	NUM
cjal-3204	913	56	.	.	PUNCT
cjal-3204	914	1	the	the	DET
cjal-3204	914	2	lender	lender	NOUN
cjal-3204	914	3	has	have	VERB
cjal-3204	914	4	the	the	DET
cjal-3204	914	5	advantage	advantage	NOUN
cjal-3204	914	6	of	of	ADP
cjal-3204	914	7	being	be	AUX
cjal-3204	914	8	able	able	ADJ
cjal-3204	914	9	to	to	PART
cjal-3204	914	10	make	make	VERB
cjal-3204	914	11	a	a	DET
cjal-3204	914	12	"	"	PUNCT
cjal-3204	914	13	credit	credit	NOUN
cjal-3204	914	14	bid	bid	NOUN
cjal-3204	914	15	"	"	PUNCT
cjal-3204	914	16	in	in	ADP
cjal-3204	914	17	any	any	DET
cjal-3204	914	18	amount	amount	NOUN
cjal-3204	914	19	up	up	ADP
cjal-3204	914	20	to	to	ADP
cjal-3204	914	21	the	the	DET
cjal-3204	914	22	balance	balance	NOUN
cjal-3204	914	23	owing	owe	VERB
cjal-3204	914	24	on	on	ADP
cjal-3204	914	25	the	the	DET
cjal-3204	914	26	mortgage	mortgage	NOUN
cjal-3204	914	27	debt	debt	NOUN
cjal-3204	914	28	without	without	ADP
cjal-3204	914	29	having	have	VERB
cjal-3204	914	30	to	to	PART
cjal-3204	914	31	put	put	VERB
cjal-3204	914	32	up	up	ADP
cjal-3204	914	33	any	any	DET
cjal-3204	914	34	cash	cash	NOUN
cjal-3204	914	35	.	.	PUNCT
cjal-3204	915	1	see	see	VERB
cjal-3204	915	2	washburn	washburn	PROPN
cjal-3204	915	3	,	,	PUNCT
cjal-3204	915	4	supra	supra	PROPN
cjal-3204	915	5	note	note	PROPN
cjal-3204	915	6	89	89	NUM
cjal-3204	915	7	,	,	PUNCT
cjal-3204	915	8	at	at	ADP
cjal-3204	915	9	849	849	NUM
cjal-3204	915	10	-	-	SYM
cjal-3204	915	11	51	51	NUM
cjal-3204	915	12	.	.	PUNCT
cjal-3204	916	1	professor	professor	PROPN
cjal-3204	916	2	debra	debra	PROPN
cjal-3204	916	3	stark	stark	PROPN
cjal-3204	916	4	's	's	PART
cjal-3204	916	5	study	study	NOUN
cjal-3204	916	6	of	of	ADP
cjal-3204	916	7	foreclosures	foreclosure	NOUN
cjal-3204	916	8	in	in	ADP
cjal-3204	916	9	cook	cook	PROPN
cjal-3204	916	10	county	county	PROPN
cjal-3204	916	11	,	,	PUNCT
cjal-3204	916	12	illinois	illinois	PROPN
cjal-3204	916	13	indicated	indicate	VERB
cjal-3204	916	14	that	that	SCONJ
cjal-3204	916	15	third	third	ADJ
cjal-3204	916	16	parties	party	NOUN
cjal-3204	916	17	(	(	PUNCT
cjal-3204	916	18	those	those	PRON
cjal-3204	916	19	other	other	ADJ
cjal-3204	916	20	than	than	ADP
cjal-3204	916	21	the	the	DET
cjal-3204	916	22	lender	lender	NOUN
cjal-3204	916	23	)	)	PUNCT
cjal-3204	916	24	were	be	AUX
cjal-3204	916	25	the	the	DET
cjal-3204	916	26	successfiul	successfiul	ADJ
cjal-3204	916	27	bidders	bidder	NOUN
cjal-3204	916	28	in	in	ADP
cjal-3204	916	29	only	only	ADV
cjal-3204	916	30	9.6	9.6	NUM
cjal-3204	916	31	%	%	NOUN
cjal-3204	916	32	to	to	PART
cjal-3204	916	33	11.2	11.2	NUM
cjal-3204	916	34	%	%	NOUN
cjal-3204	916	35	of	of	ADP
cjal-3204	916	36	all	all	DET
cjal-3204	916	37	judicial	judicial	ADJ
cjal-3204	916	38	foreclosure	foreclosure	NOUN
cjal-3204	916	39	sales	sale	NOUN
cjal-3204	916	40	;	;	PUNCT
cjal-3204	916	41	stark	stark	ADJ
cjal-3204	916	42	,	,	PUNCT
cjal-3204	916	43	supra	supra	PROPN
cjal-3204	916	44	note	note	NOUN
cjal-3204	916	45	113	113	NUM
cjal-3204	916	46	,	,	PUNCT
cjal-3204	916	47	at	at	ADP
cjal-3204	916	48	663	663	NUM
cjal-3204	916	49	.	.	PUNCT
cjal-3204	917	1	122	122	NUM
cjal-3204	917	2	.	.	PUNCT
cjal-3204	917	3	stark	stark	PROPN
cjal-3204	917	4	found	find	VERB
cjal-3204	917	5	that	that	SCONJ
cjal-3204	917	6	this	this	PRON
cjal-3204	917	7	actually	actually	ADV
cjal-3204	917	8	occurred	occur	VERB
cjal-3204	917	9	in	in	ADP
cjal-3204	917	10	only	only	ADV
cjal-3204	917	11	6	6	NUM
cjal-3204	917	12	%	%	NOUN
cjal-3204	917	13	to	to	PART
cjal-3204	917	14	7	7	NUM
cjal-3204	917	15	%	%	NOUN
cjal-3204	917	16	of	of	ADP
cjal-3204	917	17	the	the	DET
cjal-3204	917	18	foreclosures	foreclosure	NOUN
cjal-3204	917	19	in	in	ADP
cjal-3204	917	20	cook	cook	PROPN
cjal-3204	917	21	county	county	PROPN
cjal-3204	917	22	,	,	PUNCT
cjal-3204	917	23	illinois	illinois	PROPN
cjal-3204	917	24	;	;	PUNCT
cjal-3204	917	25	see	see	VERB
cjal-3204	917	26	stark	stark	ADJ
cjal-3204	917	27	,	,	PUNCT
cjal-3204	917	28	supra	supra	ADJ
cjal-3204	917	29	note	note	NOUN
cjal-3204	917	30	113	113	NUM
cjal-3204	917	31	,	,	PUNCT
cjal-3204	917	32	at	at	ADP
cjal-3204	917	33	665	665	NUM
cjal-3204	917	34	.	.	PUNCT
cjal-3204	918	1	2001	2001	NUM
cjal-3204	918	2	]	]	PUNCT
cjal-3204	918	3	columbia	columbia	PROPN
cjal-3204	918	4	journal	journal	PROPN
cjal-3204	918	5	of	of	ADP
cjal-3204	918	6	asian	asian	ADJ
cjal-3204	918	7	law	law	NOUN
cjal-3204	919	1	[	[	X
cjal-3204	919	2	15:1	15:1	NUM
cjal-3204	919	3	issue	issue	NOUN
cjal-3204	919	4	.	.	PUNCT
cjal-3204	920	1	professor	professor	NOUN
cjal-3204	920	2	debra	debra	PROPN
cjal-3204	920	3	stark	stark	PROPN
cjal-3204	920	4	's	's	PART
cjal-3204	920	5	study	study	NOUN
cjal-3204	920	6	of	of	ADP
cjal-3204	920	7	foreclosures	foreclosure	NOUN
cjal-3204	920	8	in	in	ADP
cjal-3204	920	9	cook	cook	PROPN
cjal-3204	920	10	county	county	PROPN
cjal-3204	920	11	,	,	PUNCT
cjal-3204	920	12	illinois	illinois	PROPN
cjal-3204	920	13	during	during	ADP
cjal-3204	920	14	1993	1993	NUM
cjal-3204	920	15	and	and	CCONJ
cjal-3204	920	16	1994	1994	NUM
cjal-3204	920	17	revealed	reveal	VERB
cjal-3204	920	18	that	that	SCONJ
cjal-3204	920	19	lenders	lender	NOUN
cjal-3204	920	20	who	who	PRON
cjal-3204	920	21	purchased	purchase	VERB
cjal-3204	920	22	at	at	ADP
cjal-3204	920	23	their	their	PRON
cjal-3204	920	24	own	own	ADJ
cjal-3204	920	25	foreclosure	foreclosure	NOUN
cjal-3204	920	26	sales	sale	NOUN
cjal-3204	920	27	were	be	AUX
cjal-3204	920	28	able	able	ADJ
cjal-3204	920	29	to	to	PART
cjal-3204	920	30	resell	resell	VERB
cjal-3204	920	31	the	the	DET
cjal-3204	920	32	property	property	NOUN
cjal-3204	920	33	at	at	ADP
cjal-3204	920	34	a	a	DET
cjal-3204	920	35	profit12	profit12	NOUN
cjal-3204	920	36	3	3	NUM
cjal-3204	920	37	only	only	ADV
cjal-3204	920	38	about	about	ADV
cjal-3204	920	39	10	10	NUM
cjal-3204	920	40	%	%	NOUN
cjal-3204	920	41	to	to	PART
cjal-3204	920	42	20	20	NUM
cjal-3204	920	43	%	%	NOUN
cjal-3204	920	44	of	of	ADP
cjal-3204	920	45	the	the	DET
cjal-3204	920	46	time.12	time.12	NOUN
cjal-3204	920	47	4	4	NUM
cjal-3204	920	48	third	third	ADJ
cjal-3204	920	49	party	party	NOUN
cjal-3204	920	50	bidders	bidder	NOUN
cjal-3204	920	51	(	(	PUNCT
cjal-3204	920	52	although	although	SCONJ
cjal-3204	920	53	less	less	ADV
cjal-3204	920	54	commonly	commonly	ADV
cjal-3204	920	55	successful	successful	ADJ
cjal-3204	920	56	bidders	bidder	NOUN
cjal-3204	920	57	)	)	PUNCT
cjal-3204	920	58	did	do	VERB
cjal-3204	920	59	much	much	ADV
cjal-3204	920	60	better	well	ADV
cjal-3204	920	61	;	;	PUNCT
cjal-3204	920	62	in	in	ADP
cjal-3204	920	63	stark	stark	PROPN
cjal-3204	920	64	's	's	PART
cjal-3204	920	65	1993	1993	NUM
cjal-3204	920	66	study	study	NOUN
cjal-3204	920	67	they	they	PRON
cjal-3204	920	68	resold	resold	VERB
cjal-3204	920	69	the	the	DET
cjal-3204	920	70	foreclosed	foreclose	VERB
cjal-3204	920	71	property	property	NOUN
cjal-3204	920	72	at	at	ADP
cjal-3204	920	73	a	a	DET
cjal-3204	920	74	profit	profit	NOUN
cjal-3204	920	75	in	in	ADP
cjal-3204	920	76	75	75	NUM
cjal-3204	920	77	%	%	NOUN
cjal-3204	920	78	of	of	ADP
cjal-3204	920	79	the	the	DET
cjal-3204	920	80	cases	case	NOUN
cjal-3204	920	81	,	,	PUNCT
cjal-3204	920	82	and	and	CCONJ
cjal-3204	920	83	their	their	PRON
cjal-3204	920	84	profits	profit	NOUN
cjal-3204	920	85	were	be	AUX
cjal-3204	920	86	often	often	ADV
cjal-3204	920	87	quite	quite	ADV
cjal-3204	920	88	substantial	substantial	ADJ
cjal-3204	920	89	,	,	PUNCT
cjal-3204	920	90	ranging	range	VERB
cjal-3204	920	91	from	from	ADP
cjal-3204	920	92	32	32	NUM
cjal-3204	920	93	%	%	NOUN
cjal-3204	920	94	to	to	ADP
cjal-3204	920	95	326	326	NUM
cjal-3204	920	96	%	%	NOUN
cjal-3204	920	97	of	of	ADP
cjal-3204	920	98	the	the	DET
cjal-3204	920	99	bid	bid	NOUN
cjal-3204	920	100	amount	amount	NOUN
cjal-3204	920	101	.	.	PUNCT
cjal-3204	920	102	'	'	PUNCT
cjal-3204	921	1	25	25	NUM
cjal-3204	921	2	professor	professor	PROPN
cjal-3204	921	3	steven	steven	PROPN
cjal-3204	921	4	wechsler	wechsler	PROPN
cjal-3204	921	5	reported	report	VERB
cjal-3204	921	6	similar	similar	ADJ
cjal-3204	921	7	results	result	NOUN
cjal-3204	921	8	in	in	ADP
cjal-3204	921	9	a	a	DET
cjal-3204	921	10	study	study	NOUN
cjal-3204	921	11	of	of	ADP
cjal-3204	921	12	foreclosures	foreclosure	NOUN
cjal-3204	921	13	in	in	ADP
cjal-3204	921	14	onondaga	onondaga	PROPN
cjal-3204	921	15	county	county	NOUN
cjal-3204	921	16	,	,	PUNCT
cjal-3204	921	17	new	new	PROPN
cjal-3204	921	18	york	york	PROPN
cjal-3204	921	19	in	in	ADP
cjal-3204	921	20	1979	1979	NUM
cjal-3204	921	21	.	.	PUNCT
cjal-3204	922	1	wechsler	wechsler	PROPN
cjal-3204	922	2	found	find	VERB
cjal-3204	922	3	that	that	SCONJ
cjal-3204	922	4	when	when	SCONJ
cjal-3204	922	5	mortgagees	mortgagee	NOUN
cjal-3204	922	6	purchased	purchase	VERB
cjal-3204	922	7	at	at	ADP
cjal-3204	922	8	their	their	PRON
cjal-3204	922	9	own	own	ADJ
cjal-3204	922	10	foreclosures	foreclosure	NOUN
cjal-3204	922	11	,	,	PUNCT
cjal-3204	922	12	they	they	PRON
cjal-3204	922	13	were	be	AUX
cjal-3204	922	14	able	able	ADJ
cjal-3204	922	15	to	to	PART
cjal-3204	922	16	resell	resell	VERB
cjal-3204	922	17	the	the	DET
cjal-3204	922	18	properties	property	NOUN
cjal-3204	922	19	at	at	ADP
cjal-3204	922	20	a	a	DET
cjal-3204	922	21	profit	profit	NOUN
cjal-3204	922	22	in	in	ADP
cjal-3204	922	23	about	about	ADV
cjal-3204	922	24	half	half	NOUN
cjal-3204	922	25	of	of	ADP
cjal-3204	922	26	all	all	DET
cjal-3204	922	27	cases	case	NOUN
cjal-3204	922	28	.	.	PUNCT
cjal-3204	923	1	12	12	NUM
cjal-3204	923	2	6	6	NUM
cjal-3204	923	3	when	when	SCONJ
cjal-3204	923	4	third	third	ADJ
cjal-3204	923	5	parties	party	NOUN
cjal-3204	923	6	purchased	purchase	VERB
cjal-3204	923	7	,	,	PUNCT
cjal-3204	923	8	wechsler	wechsler	PROPN
cjal-3204	923	9	found	find	VERB
cjal-3204	923	10	that	that	SCONJ
cjal-3204	923	11	they	they	PRON
cjal-3204	923	12	were	be	AUX
cjal-3204	923	13	much	much	ADV
cjal-3204	923	14	more	more	ADV
cjal-3204	923	15	likely	likely	ADJ
cjal-3204	923	16	than	than	SCONJ
cjal-3204	923	17	mortgagees	mortgagee	NOUN
cjal-3204	923	18	to	to	PART
cjal-3204	923	19	make	make	VERB
cjal-3204	923	20	a	a	DET
cjal-3204	923	21	profit	profit	NOUN
cjal-3204	923	22	upon	upon	SCONJ
cjal-3204	923	23	resale	resale	NOUN
cjal-3204	923	24	,	,	PUNCT
cjal-3204	923	25	and	and	CCONJ
cjal-3204	923	26	that	that	SCONJ
cjal-3204	923	27	the	the	DET
cjal-3204	923	28	profits	profit	NOUN
cjal-3204	923	29	they	they	PRON
cjal-3204	923	30	made	make	VERB
cjal-3204	923	31	were	be	AUX
cjal-3204	923	32	,	,	PUNCT
cjal-3204	923	33	typically	typically	ADV
cjal-3204	923	34	much	much	ADV
cjal-3204	923	35	larger	large	ADJ
cjal-3204	923	36	than	than	ADP
cjal-3204	923	37	those	those	PRON
cjal-3204	923	38	made	make	VERB
cjal-3204	923	39	by	by	ADP
cjal-3204	923	40	mortgagees	mortgagee	NOUN
cjal-3204	923	41	.	.	PUNCT
cjal-3204	924	1	the	the	DET
cjal-3204	924	2	data	datum	NOUN
cjal-3204	924	3	from	from	ADP
cjal-3204	924	4	these	these	DET
cjal-3204	924	5	two	two	NUM
cjal-3204	924	6	studies	study	NOUN
cjal-3204	924	7	suggest	suggest	VERB
cjal-3204	924	8	that	that	SCONJ
cjal-3204	924	9	submarket	submarket	NOUN
cjal-3204	924	10	sale	sale	NOUN
cjal-3204	924	11	prices	price	NOUN
cjal-3204	924	12	,	,	PUNCT
cjal-3204	924	13	while	while	SCONJ
cjal-3204	924	14	not	not	PART
cjal-3204	924	15	occurring	occur	VERB
cjal-3204	924	16	in	in	ADP
cjal-3204	924	17	the	the	DET
cjal-3204	924	18	majority	majority	NOUN
cjal-3204	924	19	of	of	ADP
cjal-3204	924	20	foreclosure	foreclosure	NOUN
cjal-3204	924	21	,	,	PUNCT
cjal-3204	924	22	are	be	AUX
cjal-3204	924	23	nonetheless	nonetheless	ADV
cjal-3204	924	24	a	a	DET
cjal-3204	924	25	significant	significant	ADJ
cjal-3204	924	26	problem	problem	NOUN
cjal-3204	924	27	and	and	CCONJ
cjal-3204	924	28	effectively	effectively	ADV
cjal-3204	924	29	rob	rob	VERB
cjal-3204	924	30	many	many	ADJ
cjal-3204	924	31	borrowers	borrower	NOUN
cjal-3204	924	32	of	of	ADP
cjal-3204	924	33	considerable	considerable	ADJ
cjal-3204	924	34	economic	economic	ADJ
cjal-3204	924	35	value.1	value.1	PROPN
cjal-3204	924	36	2	2	NUM
cjal-3204	924	37	7	7	NUM
cjal-3204	924	38	123	123	NUM
cjal-3204	924	39	.	.	PUNCT
cjal-3204	925	1	when	when	SCONJ
cjal-3204	925	2	a	a	DET
cjal-3204	925	3	bidder	bidder	NOUN
cjal-3204	925	4	makes	make	VERB
cjal-3204	925	5	a	a	DET
cjal-3204	925	6	profit	profit	NOUN
cjal-3204	925	7	upon	upon	SCONJ
cjal-3204	925	8	resale	resale	NOUN
cjal-3204	925	9	of	of	ADP
cjal-3204	925	10	the	the	DET
cjal-3204	925	11	foreclosed	foreclose	VERB
cjal-3204	925	12	property	property	NOUN
cjal-3204	925	13	(	(	PUNCT
cjal-3204	925	14	after	after	ADP
cjal-3204	925	15	taking	take	VERB
cjal-3204	925	16	the	the	DET
cjal-3204	925	17	bidder	bidder	NOUN
cjal-3204	925	18	's	's	PART
cjal-3204	925	19	holding	hold	VERB
cjal-3204	925	20	and	and	CCONJ
cjal-3204	925	21	marketing	marketing	NOUN
cjal-3204	925	22	costs	cost	NOUN
cjal-3204	925	23	into	into	ADP
cjal-3204	925	24	account	account	NOUN
cjal-3204	925	25	)	)	PUNCT
cjal-3204	925	26	,	,	PUNCT
cjal-3204	925	27	that	that	PRON
cjal-3204	925	28	is	be	AUX
cjal-3204	925	29	fairly	fairly	ADV
cjal-3204	925	30	strong	strong	ADJ
cjal-3204	925	31	evidence	evidence	NOUN
cjal-3204	925	32	that	that	SCONJ
cjal-3204	925	33	the	the	DET
cjal-3204	925	34	bid	bid	NOUN
cjal-3204	925	35	price	price	NOUN
cjal-3204	925	36	was	be	AUX
cjal-3204	925	37	sub	sub	ADJ
cjal-3204	925	38	-	-	NOUN
cjal-3204	925	39	market	market	NOUN
cjal-3204	925	40	.	.	PUNCT
cjal-3204	926	1	the	the	DET
cjal-3204	926	2	only	only	ADJ
cjal-3204	926	3	alternative	alternative	ADJ
cjal-3204	926	4	explanation	explanation	NOUN
cjal-3204	926	5	for	for	ADP
cjal-3204	926	6	the	the	DET
cjal-3204	926	7	profit	profit	NOUN
cjal-3204	926	8	is	be	AUX
cjal-3204	926	9	a	a	DET
cjal-3204	926	10	general	general	ADJ
cjal-3204	926	11	rise	rise	NOUN
cjal-3204	926	12	in	in	ADP
cjal-3204	926	13	real	real	ADJ
cjal-3204	926	14	estate	estate	NOUN
cjal-3204	926	15	prices	price	NOUN
cjal-3204	926	16	in	in	ADP
cjal-3204	926	17	the	the	DET
cjal-3204	926	18	market	market	NOUN
cjal-3204	926	19	between	between	ADP
cjal-3204	926	20	the	the	DET
cjal-3204	926	21	date	date	NOUN
cjal-3204	926	22	of	of	ADP
cjal-3204	926	23	the	the	DET
cjal-3204	926	24	foreclosure	foreclosure	NOUN
cjal-3204	926	25	and	and	CCONJ
cjal-3204	926	26	the	the	DET
cjal-3204	926	27	date	date	NOUN
cjal-3204	926	28	of	of	ADP
cjal-3204	926	29	the	the	DET
cjal-3204	926	30	resale	resale	NOUN
cjal-3204	926	31	.	.	PUNCT
cjal-3204	927	1	stark	stark	ADJ
cjal-3204	927	2	considered	consider	VERB
cjal-3204	927	3	only	only	ADV
cjal-3204	927	4	resales	resale	NOUN
cjal-3204	927	5	within	within	ADP
cjal-3204	927	6	one	one	NUM
cjal-3204	927	7	year	year	NOUN
cjal-3204	927	8	of	of	ADP
cjal-3204	927	9	the	the	DET
cjal-3204	927	10	foreclosure	foreclosure	NOUN
cjal-3204	927	11	;	;	PUNCT
cjal-3204	927	12	stark	stark	ADJ
cjal-3204	927	13	,	,	PUNCT
cjal-3204	927	14	supra	supra	ADJ
cjal-3204	927	15	note	note	NOUN
cjal-3204	927	16	113	113	NUM
cjal-3204	927	17	,	,	PUNCT
cjal-3204	927	18	at	at	ADP
cjal-3204	927	19	665	665	NUM
cjal-3204	927	20	.	.	PUNCT
cjal-3204	928	1	wechsler	wechsler	PROPN
cjal-3204	928	2	found	find	VERB
cjal-3204	928	3	that	that	SCONJ
cjal-3204	928	4	about	about	ADV
cjal-3204	928	5	95	95	NUM
cjal-3204	928	6	%	%	NOUN
cjal-3204	928	7	of	of	ADP
cjal-3204	928	8	the	the	DET
cjal-3204	928	9	resales	resale	NOUN
cjal-3204	928	10	occurred	occur	VERB
cjal-3204	928	11	within	within	ADP
cjal-3204	928	12	2	2	NUM
cjal-3204	928	13	years	year	NOUN
cjal-3204	928	14	of	of	ADP
cjal-3204	928	15	the	the	DET
cjal-3204	928	16	foreclosure	foreclosure	NOUN
cjal-3204	928	17	.	.	PUNCT
cjal-3204	929	1	wechsler	wechsler	PROPN
cjal-3204	929	2	,	,	PUNCT
cjal-3204	929	3	supra	supra	PROPN
cjal-3204	929	4	note	note	PROPN
cjal-3204	929	5	118	118	NUM
cjal-3204	929	6	,	,	PUNCT
cjal-3204	929	7	at	at	ADP
cjal-3204	929	8	879880	879880	NUM
cjal-3204	929	9	.	.	PUNCT
cjal-3204	930	1	there	there	PRON
cjal-3204	930	2	is	be	VERB
cjal-3204	930	3	no	no	DET
cjal-3204	930	4	indication	indication	NOUN
cjal-3204	930	5	that	that	SCONJ
cjal-3204	930	6	unusually	unusually	ADV
cjal-3204	930	7	rapid	rapid	ADJ
cjal-3204	930	8	market	market	NOUN
cjal-3204	930	9	price	price	NOUN
cjal-3204	930	10	increases	increase	NOUN
cjal-3204	930	11	were	be	AUX
cjal-3204	930	12	occurring	occur	VERB
cjal-3204	930	13	during	during	ADP
cjal-3204	930	14	the	the	DET
cjal-3204	930	15	relevant	relevant	ADJ
cjal-3204	930	16	periods	period	NOUN
cjal-3204	930	17	.	.	PUNCT
cjal-3204	931	1	124	124	NUM
cjal-3204	931	2	.	.	PUNCT
cjal-3204	932	1	i	i	PRON
cjal-3204	932	2	d.	d.	PROPN
cjal-3204	932	3	at	at	ADP
cjal-3204	932	4	667	667	NUM
cjal-3204	932	5	.	.	PUNCT
cjal-3204	933	1	in	in	ADP
cjal-3204	933	2	determining	determine	VERB
cjal-3204	933	3	whether	whether	SCONJ
cjal-3204	933	4	a	a	DET
cjal-3204	933	5	profit	profit	NOUN
cjal-3204	933	6	was	be	AUX
cjal-3204	933	7	made	make	VERB
cjal-3204	933	8	,	,	PUNCT
cjal-3204	933	9	stark	stark	ADJ
cjal-3204	933	10	estimated	estimate	VERB
cjal-3204	933	11	a	a	DET
cjal-3204	933	12	cost	cost	NOUN
cjal-3204	933	13	to	to	ADP
cjal-3204	933	14	the	the	DET
cjal-3204	933	15	successful	successful	ADJ
cjal-3204	933	16	bidder	bidder	NOUN
cjal-3204	933	17	of	of	ADP
cjal-3204	933	18	10	10	NUM
cjal-3204	933	19	%	%	NOUN
cjal-3204	933	20	of	of	ADP
cjal-3204	933	21	the	the	DET
cjal-3204	933	22	foreclosure	foreclosure	NOUN
cjal-3204	933	23	bid	bid	NOUN
cjal-3204	933	24	to	to	PART
cjal-3204	933	25	account	account	VERB
cjal-3204	933	26	for	for	ADP
cjal-3204	933	27	a	a	DET
cjal-3204	933	28	sales	sale	NOUN
cjal-3204	933	29	commission	commission	NOUN
cjal-3204	933	30	on	on	ADP
cjal-3204	933	31	resale	resale	NOUN
cjal-3204	933	32	and	and	CCONJ
cjal-3204	933	33	for	for	ADP
cjal-3204	933	34	holding	hold	VERB
cjal-3204	933	35	costs	cost	NOUN
cjal-3204	933	36	,	,	PUNCT
cjal-3204	933	37	such	such	ADJ
cjal-3204	933	38	as	as	ADP
cjal-3204	933	39	property	property	NOUN
cjal-3204	933	40	taxes	taxis	NOUN
cjal-3204	933	41	,	,	PUNCT
cjal-3204	933	42	insurance	insurance	NOUN
cjal-3204	933	43	,	,	PUNCT
cjal-3204	933	44	and	and	CCONJ
cjal-3204	933	45	management	management	NOUN
cjal-3204	933	46	expense	expense	NOUN
cjal-3204	933	47	.	.	PUNCT
cjal-3204	934	1	while	while	SCONJ
cjal-3204	934	2	profits	profit	NOUN
cjal-3204	934	3	to	to	ADP
cjal-3204	934	4	lender	lender	NOUN
cjal-3204	934	5	were	be	AUX
cjal-3204	934	6	relatively	relatively	ADV
cjal-3204	934	7	rare	rare	ADJ
cjal-3204	934	8	,	,	PUNCT
cjal-3204	934	9	in	in	ADP
cjal-3204	934	10	two	two	NUM
cjal-3204	934	11	cases	case	NOUN
cjal-3204	934	12	lender	lender	NOUN
cjal-3204	934	13	made	make	VERB
cjal-3204	934	14	very	very	ADV
cjal-3204	934	15	large	large	ADJ
cjal-3204	934	16	profits	profit	NOUN
cjal-3204	934	17	of	of	ADP
cjal-3204	934	18	98	98	NUM
cjal-3204	934	19	%	%	NOUN
cjal-3204	934	20	and	and	CCONJ
cjal-3204	934	21	379	379	NUM
cjal-3204	934	22	%	%	NOUN
cjal-3204	934	23	;	;	PUNCT
cjal-3204	934	24	i	i	PRON
cjal-3204	934	25	d.	d.	PROPN
cjal-3204	934	26	at	at	ADP
cjal-3204	934	27	668	668	NUM
cjal-3204	934	28	.	.	NOUN
cjal-3204	934	29	125	125	NUM
cjal-3204	934	30	.	.	PUNCT
cjal-3204	935	1	i	i	PRON
cjal-3204	935	2	d.	d.	PROPN
cjal-3204	935	3	126	126	NUM
cjal-3204	935	4	.	.	PUNCT
cjal-3204	936	1	wechsler	wechsler	PROPN
cjal-3204	936	2	's	's	PART
cjal-3204	936	3	profit	profit	NOUN
cjal-3204	936	4	data	datum	NOUN
cjal-3204	936	5	are	be	AUX
cjal-3204	936	6	not	not	PART
cjal-3204	936	7	directly	directly	ADV
cjal-3204	936	8	comparable	comparable	ADJ
cjal-3204	936	9	with	with	ADP
cjal-3204	936	10	stark	stark	NOUN
cjal-3204	936	11	's	's	PART
cjal-3204	936	12	because	because	SCONJ
cjal-3204	936	13	wechsler	wechsler	NOUN
cjal-3204	936	14	made	make	VERB
cjal-3204	936	15	no	no	DET
cjal-3204	936	16	allowance	allowance	NOUN
cjal-3204	936	17	for	for	ADP
cjal-3204	936	18	the	the	DET
cjal-3204	936	19	successful	successful	ADJ
cjal-3204	936	20	bidder	bidder	NOUN
cjal-3204	936	21	's	's	PART
cjal-3204	936	22	cost	cost	NOUN
cjal-3204	936	23	of	of	ADP
cjal-3204	936	24	holding	hold	VERB
cjal-3204	936	25	and	and	CCONJ
cjal-3204	936	26	reselling	resell	VERB
cjal-3204	936	27	the	the	DET
cjal-3204	936	28	property	property	NOUN
cjal-3204	936	29	.	.	PUNCT
cjal-3204	937	1	however	however	ADV
cjal-3204	937	2	,	,	PUNCT
cjal-3204	937	3	the	the	DET
cjal-3204	937	4	median	median	ADJ
cjal-3204	937	5	loan	loan	NOUN
cjal-3204	937	6	balance	balance	NOUN
cjal-3204	937	7	on	on	ADP
cjal-3204	937	8	the	the	DET
cjal-3204	937	9	mortgages	mortgage	NOUN
cjal-3204	937	10	he	he	PRON
cjal-3204	937	11	studied	study	VERB
cjal-3204	937	12	was	be	AUX
cjal-3204	937	13	about	about	ADV
cjal-3204	937	14	$	$	SYM
cjal-3204	937	15	20,000	20,000	NUM
cjal-3204	937	16	,	,	PUNCT
cjal-3204	937	17	so	so	ADV
cjal-3204	937	18	median	median	ADJ
cjal-3204	937	19	holding	holding	NOUN
cjal-3204	937	20	costs	cost	NOUN
cjal-3204	937	21	consistent	consistent	ADJ
cjal-3204	937	22	with	with	ADP
cjal-3204	937	23	stark	stark	PROPN
cjal-3204	937	24	's	's	PART
cjal-3204	937	25	estimates	estimate	NOUN
cjal-3204	937	26	would	would	AUX
cjal-3204	937	27	have	have	AUX
cjal-3204	937	28	been	be	AUX
cjal-3204	937	29	about	about	ADP
cjal-3204	937	30	$	$	SYM
cjal-3204	937	31	2,000	2,000	NUM
cjal-3204	937	32	.	.	PUNCT
cjal-3204	938	1	wechsler	wechsler	NOUN
cjal-3204	938	2	,	,	PUNCT
cjal-3204	938	3	supra	supra	PROPN
cjal-3204	938	4	note	note	PROPN
cjal-3204	938	5	118	118	NUM
cjal-3204	938	6	,	,	PUNCT
cjal-3204	938	7	at	at	ADP
cjal-3204	938	8	872	872	NUM
cjal-3204	938	9	.	.	PUNCT
cjal-3204	939	1	wechsler	wechsler	PROPN
cjal-3204	939	2	reported	report	VERB
cjal-3204	939	3	that	that	SCONJ
cjal-3204	939	4	in	in	ADP
cjal-3204	939	5	cases	case	NOUN
cjal-3204	939	6	in	in	ADP
cjal-3204	939	7	which	which	PRON
cjal-3204	939	8	the	the	DET
cjal-3204	939	9	mortgagee	mortgagee	NOUN
cjal-3204	939	10	made	make	VERB
cjal-3204	939	11	a	a	DET
cjal-3204	939	12	profit	profit	NOUN
cjal-3204	939	13	,	,	PUNCT
cjal-3204	939	14	the	the	DET
cjal-3204	939	15	median	median	ADJ
cjal-3204	939	16	profit	profit	NOUN
cjal-3204	939	17	was	be	AUX
cjal-3204	939	18	about	about	ADV
cjal-3204	939	19	$	$	SYM
cjal-3204	939	20	5,000	5,000	NUM
cjal-3204	939	21	.	.	PUNCT
cjal-3204	940	1	i	i	PRON
cjal-3204	940	2	d.	d.	PROPN
cjal-3204	940	3	at	at	ADP
cjal-3204	940	4	880	880	NUM
cjal-3204	940	5	.	.	PUNCT
cjal-3204	941	1	hence	hence	ADV
cjal-3204	941	2	,	,	PUNCT
cjal-3204	941	3	his	his	PRON
cjal-3204	941	4	results	result	NOUN
cjal-3204	941	5	are	be	AUX
cjal-3204	941	6	consistent	consistent	ADJ
cjal-3204	941	7	with	with	ADP
cjal-3204	941	8	stark	stark	PROPN
cjal-3204	941	9	's	's	PART
cjal-3204	941	10	,	,	PUNCT
cjal-3204	941	11	suggesting	suggest	VERB
cjal-3204	941	12	that	that	SCONJ
cjal-3204	941	13	mortgagees	mortgagee	NOUN
cjal-3204	941	14	made	make	VERB
cjal-3204	941	15	a	a	DET
cjal-3204	941	16	profit	profit	NOUN
cjal-3204	941	17	in	in	ADP
cjal-3204	941	18	a	a	DET
cjal-3204	941	19	substantial	substantial	ADJ
cjal-3204	941	20	number	number	NOUN
cjal-3204	941	21	,	,	PUNCT
cjal-3204	941	22	but	but	CCONJ
cjal-3204	941	23	less	less	ADJ
cjal-3204	941	24	than	than	ADP
cjal-3204	941	25	half	half	NOUN
cjal-3204	941	26	,	,	PUNCT
cjal-3204	941	27	of	of	ADP
cjal-3204	941	28	the	the	DET
cjal-3204	941	29	foreclosure	foreclosure	NOUN
cjal-3204	941	30	purchases	purchase	NOUN
cjal-3204	941	31	.	.	PUNCT
cjal-3204	942	1	127	127	NUM
cjal-3204	942	2	.	.	PUNCT
cjal-3204	943	1	borrowers	borrower	NOUN
cjal-3204	943	2	are	be	AUX
cjal-3204	943	3	not	not	PART
cjal-3204	943	4	always	always	ADV
cjal-3204	943	5	harmed	harm	VERB
cjal-3204	943	6	by	by	ADP
cjal-3204	943	7	inadequate	inadequate	ADJ
cjal-3204	943	8	foreclosure	foreclosure	NOUN
cjal-3204	943	9	prices	price	NOUN
cjal-3204	943	10	.	.	PUNCT
cjal-3204	944	1	in	in	ADP
cjal-3204	944	2	the	the	DET
cjal-3204	944	3	ease	ease	NOUN
cjal-3204	944	4	of	of	ADP
cjal-3204	944	5	mortgagee	mortgagee	NOUN
cjal-3204	944	6	bidders	bidder	NOUN
cjal-3204	944	7	who	who	PRON
cjal-3204	944	8	do	do	AUX
cjal-3204	944	9	not	not	PART
cjal-3204	944	10	intend	intend	VERB
cjal-3204	944	11	to	to	PART
cjal-3204	944	12	seek	seek	VERB
cjal-3204	944	13	a	a	DET
cjal-3204	944	14	deficiency	deficiency	NOUN
cjal-3204	944	15	,	,	PUNCT
cjal-3204	944	16	there	there	PRON
cjal-3204	944	17	is	be	VERB
cjal-3204	944	18	no	no	DET
cjal-3204	944	19	economic	economic	ADJ
cjal-3204	944	20	difference	difference	NOUN
cjal-3204	944	21	between	between	ADP
cjal-3204	944	22	a	a	DET
cjal-3204	944	23	bid	bid	NOUN
cjal-3204	944	24	of	of	ADP
cjal-3204	944	25	$	$	SYM
cjal-3204	944	26	i	i	PRON
cjal-3204	944	27	and	and	CCONJ
cjal-3204	944	28	a	a	DET
cjal-3204	944	29	bid	bid	NOUN
cjal-3204	944	30	equal	equal	ADJ
cjal-3204	944	31	to	to	ADP
cjal-3204	944	32	the	the	DET
cjal-3204	944	33	full	full	ADJ
cjal-3204	944	34	amount	amount	NOUN
cjal-3204	944	35	owing	owe	VERB
cjal-3204	944	36	on	on	ADP
cjal-3204	944	37	the	the	DET
cjal-3204	944	38	mortgage	mortgage	NOUN
cjal-3204	944	39	debt	debt	NOUN
cjal-3204	944	40	,	,	PUNCT
cjal-3204	944	41	since	since	SCONJ
cjal-3204	944	42	with	with	ADP
cjal-3204	944	43	any	any	DET
cjal-3204	944	44	bid	bid	NOUN
cjal-3204	944	45	in	in	ADP
cjal-3204	944	46	this	this	DET
cjal-3204	944	47	range	range	NOUN
cjal-3204	944	48	,	,	PUNCT
cjal-3204	944	49	the	the	DET
cjal-3204	944	50	mortgagor	mortgagor	NOUN
cjal-3204	944	51	will	will	AUX
cjal-3204	944	52	not	not	PART
cjal-3204	944	53	be	be	AUX
cjal-3204	944	54	entitled	entitle	VERB
cjal-3204	944	55	to	to	ADP
cjal-3204	944	56	any	any	DET
cjal-3204	944	57	surplus	surplus	NOUN
cjal-3204	944	58	.	.	PUNCT
cjal-3204	945	1	most	most	ADJ
cjal-3204	945	2	lenders	lender	NOUN
cjal-3204	945	3	do	do	AUX
cjal-3204	945	4	not	not	PART
cjal-3204	945	5	seek	seek	VERB
cjal-3204	945	6	deficiencies	deficiency	NOUN
cjal-3204	945	7	most	most	ADJ
cjal-3204	945	8	of	of	ADP
cjal-3204	945	9	the	the	DET
cjal-3204	945	10	time	time	NOUN
cjal-3204	945	11	.	.	PUNCT
cjal-3204	946	1	wechsler	wechsler	PROPN
cjal-3204	946	2	found	find	VERB
cjal-3204	946	3	that	that	SCONJ
cjal-3204	946	4	a	a	DET
cjal-3204	946	5	lender	lender	NOUN
cjal-3204	946	6	obtained	obtain	VERB
cjal-3204	946	7	a	a	DET
cjal-3204	946	8	deficiency	deficiency	NOUN
cjal-3204	946	9	judgment	judgment	NOUN
cjal-3204	946	10	in	in	ADP
cjal-3204	946	11	only	only	ADV
cjal-3204	946	12	one	one	NUM
cjal-3204	946	13	case	case	NOUN
cjal-3204	946	14	out	out	ADP
cjal-3204	946	15	of	of	ADP
cjal-3204	946	16	94	94	NUM
cjal-3204	946	17	foreclosures	foreclosure	NOUN
cjal-3204	946	18	in	in	ADP
cjal-3204	946	19	his	his	PRON
cjal-3204	946	20	study	study	NOUN
cjal-3204	946	21	in	in	ADP
cjal-3204	946	22	which	which	PRON
cjal-3204	946	23	a	a	DET
cjal-3204	946	24	deficiency	deficiency	NOUN
cjal-3204	946	25	existed	exist	VERB
cjal-3204	946	26	;	;	PUNCT
cjal-3204	946	27	wechsler	wechsler	NOUN
cjal-3204	946	28	,	,	PUNCT
cjal-3204	946	29	supra	supra	PROPN
cjal-3204	946	30	note	note	PROPN
cjal-3204	946	31	118	118	NUM
cjal-3204	946	32	,	,	PUNCT
cjal-3204	946	33	at	at	ADP
cjal-3204	946	34	878	878	NUM
cjal-3204	946	35	.	.	PUNCT
cjal-3204	947	1	stark	stark	PROPN
cjal-3204	947	2	found	find	VERB
cjal-3204	947	3	that	that	SCONJ
cjal-3204	947	4	lenders	lender	NOUN
cjal-3204	947	5	pursued	pursue	VERB
cjal-3204	947	6	deficiency	deficiency	NOUN
cjal-3204	947	7	judgments	judgment	NOUN
cjal-3204	947	8	in	in	ADP
cjal-3204	947	9	about	about	ADV
cjal-3204	947	10	28	28	NUM
cjal-3204	947	11	%	%	NOUN
cjal-3204	947	12	and	and	CCONJ
cjal-3204	947	13	13	13	NUM
cjal-3204	947	14	%	%	NOUN
cjal-3204	947	15	of	of	ADP
cjal-3204	947	16	the	the	DET
cjal-3204	947	17	eases	ease	NOUN
cjal-3204	947	18	she	she	PRON
cjal-3204	947	19	studied	study	VERB
cjal-3204	947	20	in	in	ADP
cjal-3204	947	21	1993	1993	NUM
cjal-3204	947	22	and	and	CCONJ
cjal-3204	947	23	1994	1994	NUM
cjal-3204	947	24	,	,	PUNCT
cjal-3204	947	25	respectively	respectively	ADV
cjal-3204	947	26	;	;	PUNCT
cjal-3204	947	27	stark	stark	ADJ
cjal-3204	947	28	,	,	PUNCT
cjal-3204	947	29	supra	supra	PROPN
cjal-3204	947	30	note	note	NOUN
cjal-3204	947	31	113	113	NUM
cjal-3204	947	32	,	,	PUNCT
cjal-3204	947	33	at	at	ADP
cjal-3204	947	34	664	664	NUM
cjal-3204	947	35	.	.	PUNCT
cjal-3204	948	1	chinese	chinese	ADJ
cjal-3204	948	2	mortgage	mortgage	NOUN
cjal-3204	948	3	law	law	NOUN
cjal-3204	948	4	the	the	DET
cjal-3204	948	5	legal	legal	ADJ
cjal-3204	948	6	response	response	NOUN
cjal-3204	948	7	to	to	ADP
cjal-3204	948	8	price	price	NOUN
cjal-3204	948	9	inadequacy	inadequacy	NOUN
cjal-3204	948	10	.	.	PUNCT
cjal-3204	949	1	a	a	DET
cjal-3204	949	2	variety	variety	NOUN
cjal-3204	949	3	of	of	ADP
cjal-3204	949	4	techniques	technique	NOUN
cjal-3204	949	5	have	have	AUX
cjal-3204	949	6	been	be	AUX
cjal-3204	949	7	developed	develop	VERB
cjal-3204	949	8	by	by	ADP
cjal-3204	949	9	courts	court	NOUN
cjal-3204	949	10	and	and	CCONJ
cjal-3204	949	11	legislatures	legislature	NOUN
cjal-3204	949	12	to	to	PART
cjal-3204	949	13	forestall	forestall	VERB
cjal-3204	949	14	these	these	DET
cjal-3204	949	15	results.128	results.128	NOUN
cjal-3204	949	16	judges	judge	NOUN
cjal-3204	949	17	may	may	AUX
cjal-3204	949	18	set	set	VERB
cjal-3204	949	19	aside	aside	ADV
cjal-3204	949	20	foreclosure	foreclosure	NOUN
cjal-3204	949	21	sales	sale	NOUN
cjal-3204	949	22	for	for	ADP
cjal-3204	949	23	price	price	NOUN
cjal-3204	949	24	inadequacy	inadequacy	NOUN
cjal-3204	949	25	,	,	PUNCT
cjal-3204	949	26	but	but	CCONJ
cjal-3204	949	27	only	only	ADV
cjal-3204	949	28	if	if	SCONJ
cjal-3204	949	29	the	the	DET
cjal-3204	949	30	price	price	NOUN
cjal-3204	949	31	is	be	AUX
cjal-3204	949	32	"	"	PUNCT
cjal-3204	949	33	grossly	grossly	ADV
cjal-3204	949	34	inadequate	inadequate	ADJ
cjal-3204	949	35	"	"	PUNCT
cjal-3204	949	36	or	or	CCONJ
cjal-3204	949	37	"	"	PUNCT
cjal-3204	949	38	shocks	shock	VERB
cjal-3204	949	39	the	the	DET
cjal-3204	949	40	conscience	conscience	NOUN
cjal-3204	949	41	"	"	PUNCT
cjal-3204	949	42	of	of	ADP
cjal-3204	949	43	the	the	DET
cjal-3204	949	44	court;129	court;129	PROPN
cjal-3204	949	45	only	only	ADV
cjal-3204	949	46	extremely	extremely	ADV
cjal-3204	949	47	low	low	ADJ
cjal-3204	949	48	prices	price	NOUN
cjal-3204	949	49	are	be	AUX
cjal-3204	949	50	likely	likely	ADJ
cjal-3204	949	51	to	to	PART
cjal-3204	949	52	fall	fall	VERB
cjal-3204	949	53	within	within	ADP
cjal-3204	949	54	such	such	DET
cjal-3204	949	55	a	a	DET
cjal-3204	949	56	definition	definition	NOUN
cjal-3204	949	57	.	.	PUNCT
cjal-3204	950	1	30	30	NUM
cjal-3204	950	2	in	in	ADP
cjal-3204	950	3	a	a	DET
cjal-3204	950	4	number	number	NOUN
cjal-3204	950	5	of	of	ADP
cjal-3204	950	6	states	state	NOUN
cjal-3204	950	7	,	,	PUNCT
cjal-3204	950	8	statutes	statute	NOUN
cjal-3204	950	9	require	require	VERB
cjal-3204	950	10	that	that	SCONJ
cjal-3204	950	11	a	a	DET
cjal-3204	950	12	court	court	NOUN
cjal-3204	950	13	make	make	VERB
cjal-3204	950	14	a	a	DET
cjal-3204	950	15	determination	determination	NOUN
cjal-3204	950	16	of	of	ADP
cjal-3204	950	17	fair	fair	ADJ
cjal-3204	950	18	market	market	NOUN
cjal-3204	950	19	value	value	NOUN
cjal-3204	950	20	,	,	PUNCT
cjal-3204	950	21	and	and	CCONJ
cjal-3204	950	22	use	use	VERB
cjal-3204	950	23	that	that	DET
cjal-3204	950	24	value	value	NOUN
cjal-3204	950	25	for	for	ADP
cjal-3204	950	26	the	the	DET
cjal-3204	950	27	purpose	purpose	NOUN
cjal-3204	950	28	of	of	ADP
cjal-3204	950	29	computing	compute	VERB
cjal-3204	950	30	deficiency	deficiency	NOUN
cjal-3204	950	31	judgments.1	judgments.1	PROPN
cjal-3204	950	32	3	3	NUM
cjal-3204	950	33	1	1	NUM
cjal-3204	950	34	another	another	DET
cjal-3204	950	35	more	more	ADV
cjal-3204	950	36	stringent	stringent	ADJ
cjal-3204	950	37	measure	measure	NOUN
cjal-3204	950	38	,	,	PUNCT
cjal-3204	950	39	adopted	adopt	VERB
cjal-3204	950	40	in	in	ADP
cjal-3204	950	41	california	california	PROPN
cjal-3204	950	42	,	,	PUNCT
cjal-3204	950	43	is	be	AUX
cjal-3204	950	44	to	to	PART
cjal-3204	950	45	simply	simply	ADV
cjal-3204	950	46	to	to	PART
cjal-3204	950	47	prohibit	prohibit	VERB
cjal-3204	950	48	the	the	DET
cjal-3204	950	49	obtaining	obtaining	NOUN
cjal-3204	950	50	of	of	ADP
cjal-3204	950	51	deficiency	deficiency	NOUN
cjal-3204	950	52	judgments	judgment	NOUN
cjal-3204	950	53	in	in	ADP
cjal-3204	950	54	most	most	ADJ
cjal-3204	950	55	situations	situation	NOUN
cjal-3204	950	56	.	.	PUNCT
cjal-3204	951	1	32	32	NUM
cjal-3204	952	1	these	these	DET
cjal-3204	952	2	techniques	technique	NOUN
cjal-3204	952	3	have	have	AUX
cjal-3204	952	4	had	have	VERB
cjal-3204	952	5	some	some	DET
cjal-3204	952	6	success	success	NOUN
cjal-3204	952	7	,	,	PUNCT
cjal-3204	952	8	but	but	CCONJ
cjal-3204	952	9	at	at	ADP
cjal-3204	952	10	the	the	DET
cjal-3204	952	11	cost	cost	NOUN
cjal-3204	952	12	of	of	ADP
cjal-3204	952	13	impeding	impede	VERB
cjal-3204	952	14	flexibility	flexibility	NOUN
cjal-3204	952	15	and	and	CCONJ
cjal-3204	952	16	making	make	VERB
cjal-3204	952	17	the	the	DET
cjal-3204	952	18	foreclosure	foreclosure	NOUN
cjal-3204	952	19	process	process	NOUN
cjal-3204	952	20	more	more	ADV
cjal-3204	952	21	cumbersome	cumbersome	ADJ
cjal-3204	952	22	.	.	PUNCT
cjal-3204	953	1	it	it	PRON
cjal-3204	953	2	is	be	AUX
cjal-3204	953	3	perhaps	perhaps	ADV
cjal-3204	953	4	surprising	surprising	ADJ
cjal-3204	953	5	that	that	SCONJ
cjal-3204	953	6	few	few	ADJ
cjal-3204	953	7	american	american	ADJ
cjal-3204	953	8	states	state	NOUN
cjal-3204	953	9	have	have	AUX
cjal-3204	953	10	considered	consider	VERB
cjal-3204	953	11	alternatives	alternative	NOUN
cjal-3204	953	12	to	to	PART
cjal-3204	953	13	auction	auction	VERB
cjal-3204	953	14	sales	sale	NOUN
cjal-3204	953	15	as	as	ADP
cjal-3204	953	16	foreclosure	foreclosure	NOUN
cjal-3204	953	17	mechanisms	mechanism	NOUN
cjal-3204	953	18	.	.	PUNCT
cjal-3204	954	1	in	in	ADP
cjal-3204	954	2	about	about	ADV
cjal-3204	954	3	20	20	NUM
cjal-3204	954	4	states	state	NOUN
cjal-3204	954	5	,	,	PUNCT
cjal-3204	954	6	a	a	DET
cjal-3204	954	7	so	so	ADV
cjal-3204	954	8	-	-	PUNCT
cjal-3204	954	9	called	call	VERB
cjal-3204	954	10	"	"	PUNCT
cjal-3204	954	11	power	power	NOUN
cjal-3204	954	12	of	of	ADP
cjal-3204	954	13	sale	sale	NOUN
cjal-3204	954	14	"	"	PUNCT
cjal-3204	954	15	may	may	AUX
cjal-3204	954	16	be	be	AUX
cjal-3204	954	17	given	give	VERB
cjal-3204	954	18	to	to	ADP
cjal-3204	954	19	a	a	DET
cjal-3204	954	20	mortgage	mortgage	NOUN
cjal-3204	954	21	lender	lender	NOUN
cjal-3204	954	22	,	,	PUNCT
cjal-3204	954	23	133	133	NUM
cjal-3204	954	24	but	but	CCONJ
cjal-3204	954	25	this	this	PRON
cjal-3204	954	26	simply	simply	ADV
cjal-3204	954	27	allows	allow	VERB
cjal-3204	954	28	a	a	DET
cjal-3204	954	29	trustee	trustee	NOUN
cjal-3204	954	30	designated	designate	VERB
cjal-3204	954	31	by	by	ADP
cjal-3204	954	32	the	the	DET
cjal-3204	954	33	lender	lender	NOUN
cjal-3204	954	34	to	to	PART
cjal-3204	954	35	conduct	conduct	VERB
cjal-3204	954	36	the	the	DET
cjal-3204	954	37	auction	auction	NOUN
cjal-3204	954	38	without	without	ADP
cjal-3204	954	39	court	court	NOUN
cjal-3204	954	40	supervision	supervision	NOUN
cjal-3204	954	41	.	.	PUNCT
cjal-3204	955	1	some	some	DET
cjal-3204	955	2	savings	saving	NOUN
cjal-3204	955	3	of	of	ADP
cjal-3204	955	4	time	time	NOUN
cjal-3204	955	5	and	and	CCONJ
cjal-3204	955	6	attorneys	attorney	NOUN
cjal-3204	955	7	'	'	PART
cjal-3204	955	8	fees	fee	NOUN
cjal-3204	955	9	result	result	VERB
cjal-3204	955	10	,	,	PUNCT
cjal-3204	955	11	and	and	CCONJ
cjal-3204	955	12	most	most	ADJ
cjal-3204	955	13	lenders	lender	NOUN
cjal-3204	955	14	in	in	ADP
cjal-3204	955	15	the	the	DET
cjal-3204	955	16	states	state	NOUN
cjal-3204	955	17	that	that	PRON
cjal-3204	955	18	authorize	authorize	VERB
cjal-3204	955	19	"	"	PUNCT
cjal-3204	955	20	power	power	NOUN
cjal-3204	955	21	of	of	ADP
cjal-3204	955	22	sale	sale	NOUN
cjal-3204	955	23	"	"	PUNCT
cjal-3204	955	24	foreclosure	foreclosure	NOUN
cjal-3204	955	25	consider	consider	VERB
cjal-3204	955	26	it	it	PRON
cjal-3204	955	27	the	the	DET
cjal-3204	955	28	preferable	preferable	ADJ
cjal-3204	955	29	method	method	NOUN
cjal-3204	955	30	of	of	ADP
cjal-3204	955	31	foreclosure	foreclosure	NOUN
cjal-3204	955	32	and	and	CCONJ
cjal-3204	955	33	use	use	VERB
cjal-3204	955	34	it	it	PRON
cjal-3204	955	35	routinely	routinely	ADV
cjal-3204	955	36	.	.	PUNCT
cjal-3204	956	1	but	but	CCONJ
cjal-3204	956	2	it	it	PRON
cjal-3204	956	3	does	do	VERB
cjal-3204	956	4	nothing	nothing	PRON
cjal-3204	956	5	to	to	PART
cjal-3204	956	6	eliminate	eliminate	VERB
cjal-3204	956	7	the	the	DET
cjal-3204	956	8	inherent	inherent	ADJ
cjal-3204	956	9	problems	problem	NOUN
cjal-3204	956	10	of	of	ADP
cjal-3204	956	11	auction	auction	NOUN
cjal-3204	956	12	sales	sale	NOUN
cjal-3204	956	13	and	and	CCONJ
cjal-3204	956	14	the	the	DET
cjal-3204	956	15	absence	absence	NOUN
cjal-3204	956	16	of	of	ADP
cjal-3204	956	17	warranties	warranty	NOUN
cjal-3204	956	18	mentioned	mention	VERB
cjal-3204	956	19	above	above	ADV
cjal-3204	956	20	.	.	PUNCT
cjal-3204	957	1	the	the	DET
cjal-3204	957	2	uniform	uniform	ADJ
cjal-3204	957	3	land	land	PROPN
cjal-3204	957	4	transactions	transaction	NOUN
cjal-3204	957	5	act	act	NOUN
cjal-3204	957	6	(	(	PUNCT
cjal-3204	957	7	ulta	ulta	ADJ
cjal-3204	957	8	)	)	PUNCT
cjal-3204	957	9	,	,	PUNCT
cjal-3204	957	10	and	and	CCONJ
cjal-3204	957	11	the	the	DET
cjal-3204	957	12	uniform	uniform	ADJ
cjal-3204	957	13	land	land	NOUN
cjal-3204	957	14	security	security	PROPN
cjal-3204	957	15	interest	interest	NOUN
cjal-3204	957	16	act	act	NOUN
cjal-3204	957	17	(	(	PUNCT
cjal-3204	957	18	ulsia	ulsia	NOUN
cjal-3204	957	19	which	which	PRON
cjal-3204	957	20	was	be	AUX
cjal-3204	957	21	derived	derive	VERB
cjal-3204	957	22	from	from	ADP
cjal-3204	957	23	ulta	ulta	NOUN
cjal-3204	957	24	)	)	PUNCT
cjal-3204	957	25	,	,	PUNCT
cjal-3204	957	26	both	both	PRON
cjal-3204	957	27	promulgated	promulgate	VERB
cjal-3204	957	28	by	by	ADP
cjal-3204	957	29	the	the	DET
cjal-3204	957	30	national	national	ADJ
cjal-3204	957	31	conference	conference	NOUN
cjal-3204	957	32	of	of	ADP
cjal-3204	957	33	commissioners	commissioner	NOUN
cjal-3204	957	34	on	on	ADP
cjal-3204	957	35	uniform	uniform	ADJ
cjal-3204	957	36	state	state	NOUN
cjal-3204	957	37	laws	law	NOUN
cjal-3204	957	38	,	,	PUNCT
cjal-3204	957	39	attempted	attempt	VERB
cjal-3204	957	40	to	to	PART
cjal-3204	957	41	introduce	introduce	VERB
cjal-3204	957	42	greater	great	ADJ
cjal-3204	957	43	flexibility	flexibility	NOUN
cjal-3204	957	44	into	into	ADP
cjal-3204	957	45	the	the	DET
cjal-3204	957	46	foreclosure	foreclosure	NOUN
cjal-3204	957	47	process	process	NOUN
cjal-3204	957	48	in	in	ADP
cjal-3204	957	49	the	the	DET
cjal-3204	957	50	united	united	PROPN
cjal-3204	957	51	states	states	PROPN
cjal-3204	957	52	.	.	PUNCT
cjal-3204	958	1	to	to	ADP
cjal-3204	958	2	a	a	DET
cjal-3204	958	3	considerable	considerable	ADJ
cjal-3204	958	4	extent	extent	NOUN
cjal-3204	958	5	the	the	DET
cjal-3204	958	6	foreclosure	foreclosure	NOUN
cjal-3204	958	7	provisions	provision	NOUN
cjal-3204	958	8	of	of	ADP
cjal-3204	958	9	these	these	DET
cjal-3204	958	10	acts	act	NOUN
cjal-3204	958	11	were	be	AUX
cjal-3204	958	12	derived	derive	VERB
cjal-3204	958	13	from	from	ADP
cjal-3204	958	14	article	article	NOUN
cjal-3204	958	15	9	9	NUM
cjal-3204	958	16	of	of	ADP
cjal-3204	958	17	the	the	DET
cjal-3204	958	18	uniform	uniform	ADJ
cjal-3204	958	19	commercial	commercial	PROPN
cjal-3204	958	20	code	code	PROPN
cjal-3204	958	21	,	,	PUNCT
cjal-3204	958	22	which	which	PRON
cjal-3204	958	23	covers	cover	VERB
cjal-3204	958	24	security	security	NOUN
cjal-3204	958	25	interests	interest	NOUN
cjal-3204	958	26	in	in	ADP
cjal-3204	958	27	personal	personal	ADJ
cjal-3204	958	28	property	property	NOUN
cjal-3204	958	29	.	.	PUNCT
cjal-3204	959	1	these	these	DET
cjal-3204	959	2	acts	act	NOUN
cjal-3204	959	3	provided	provide	VERB
cjal-3204	959	4	that	that	SCONJ
cjal-3204	959	5	foreclosure	foreclosure	NOUN
cjal-3204	959	6	sales	sale	NOUN
cjal-3204	959	7	were	be	AUX
cjal-3204	959	8	not	not	PART
cjal-3204	959	9	strictly	strictly	ADV
cjal-3204	959	10	limited	limit	VERB
cjal-3204	959	11	to	to	ADP
cjal-3204	959	12	an	an	DET
cjal-3204	959	13	auction	auction	NOUN
cjal-3204	959	14	format	format	NOUN
cjal-3204	959	15	,	,	PUNCT
cjal-3204	959	16	but	but	CCONJ
cjal-3204	959	17	could	could	AUX
cjal-3204	959	18	be	be	AUX
cjal-3204	959	19	conducted	conduct	VERB
cjal-3204	959	20	in	in	ADP
cjal-3204	959	21	any	any	DET
cjal-3204	959	22	"	"	PUNCT
cjal-3204	959	23	reasonable	reasonable	ADJ
cjal-3204	959	24	"	"	PUNCT
cjal-3204	959	25	manner,134	manner,134	PROPN
cjal-3204	959	26	a	a	DET
cjal-3204	959	27	provision	provision	NOUN
cjal-3204	959	28	derived	derive	VERB
cjal-3204	959	29	from	from	ADP
cjal-3204	959	30	article	article	NOUN
cjal-3204	959	31	9	9	NUM
cjal-3204	959	32	's	's	PART
cjal-3204	959	33	requirement	requirement	NOUN
cjal-3204	959	34	of	of	ADP
cjal-3204	959	35	"	"	PUNCT
cjal-3204	959	36	commercially	commercially	ADV
cjal-3204	959	37	reasonable	reasonable	ADJ
cjal-3204	959	38	"	"	PUNCT
cjal-3204	959	39	dispositions	disposition	NOUN
cjal-3204	959	40	of	of	ADP
cjal-3204	959	41	personal	personal	ADJ
cjal-3204	959	42	property	property	NOUN
cjal-3204	959	43	.	.	PUNCT
cjal-3204	960	1	135	135	NUM
cjal-3204	960	2	this	this	DET
cjal-3204	960	3	flexibility	flexibility	NOUN
cjal-3204	960	4	was	be	AUX
cjal-3204	960	5	viewed	view	VERB
cjal-3204	960	6	as	as	ADP
cjal-3204	960	7	unacceptable	unacceptable	ADJ
cjal-3204	960	8	vagueness	vagueness	NOUN
cjal-3204	960	9	in	in	ADP
cjal-3204	960	10	the	the	DET
cjal-3204	960	11	state	state	NOUN
cjal-3204	960	12	legislatures	legislature	NOUN
cjal-3204	960	13	,	,	PUNCT
cjal-3204	960	14	and	and	CCONJ
cjal-3204	960	15	for	for	ADP
cjal-3204	960	16	this	this	DET
cjal-3204	960	17	128	128	NUM
cjal-3204	960	18	.	.	PUNCT
cjal-3204	961	1	see	see	VERB
cjal-3204	961	2	washburn	washburn	PROPN
cjal-3204	961	3	,	,	PUNCT
cjal-3204	961	4	supra	supra	PROPN
cjal-3204	961	5	note	note	NOUN
cjal-3204	961	6	89	89	NUM
cjal-3204	961	7	.	.	PUNCT
cjal-3204	961	8	129	129	NUM
cjal-3204	961	9	.	.	PUNCT
cjal-3204	962	1	restatment	restatment	NOUN
cjal-3204	962	2	(	(	PUNCT
cjal-3204	962	3	tiird	tiird	NOUN
cjal-3204	962	4	)	)	PUNCT
cjal-3204	962	5	of	of	ADP
cjal-3204	962	6	property	property	NOUN
cjal-3204	962	7	:	:	PUNCT
cjal-3204	962	8	mortgages	mortgage	NOUN
cjal-3204	962	9	§	§	PROPN
cjal-3204	962	10	8.3	8.3	NUM
cjal-3204	962	11	(	(	PUNCT
cjal-3204	962	12	1997	1997	NUM
cjal-3204	962	13	)	)	PUNCT
cjal-3204	962	14	.	.	PUNCT
cjal-3204	963	1	130	130	NUM
cjal-3204	963	2	.	.	PUNCT
cjal-3204	964	1	the	the	DET
cjal-3204	964	2	restatement	restatement	NOUN
cjal-3204	964	3	suggests	suggest	VERB
cjal-3204	964	4	a	a	DET
cjal-3204	964	5	rule	rule	NOUN
cjal-3204	964	6	of	of	ADP
cjal-3204	964	7	thumb	thumb	NOUN
cjal-3204	964	8	,	,	PUNCT
cjal-3204	964	9	based	base	VERB
cjal-3204	964	10	on	on	ADP
cjal-3204	964	11	a	a	DET
cjal-3204	964	12	review	review	NOUN
cjal-3204	964	13	of	of	ADP
cjal-3204	964	14	the	the	DET
cjal-3204	964	15	case	case	NOUN
cjal-3204	964	16	law	law	NOUN
cjal-3204	964	17	,	,	PUNCT
cjal-3204	964	18	that	that	SCONJ
cjal-3204	964	19	a	a	DET
cjal-3204	964	20	price	price	NOUN
cjal-3204	964	21	less	less	ADJ
cjal-3204	964	22	than	than	ADP
cjal-3204	964	23	20	20	NUM
cjal-3204	964	24	%	%	NOUN
cjal-3204	964	25	of	of	ADP
cjal-3204	964	26	market	market	NOUN
cjal-3204	964	27	value	value	NOUN
cjal-3204	964	28	is	be	AUX
cjal-3204	964	29	"	"	PUNCT
cjal-3204	964	30	grossly	grossly	ADV
cjal-3204	964	31	inadequate	inadequate	ADJ
cjal-3204	964	32	;	;	PUNCT
cjal-3204	964	33	"	"	PUNCT
cjal-3204	964	34	i	i	PRON
cjal-3204	964	35	d.	d.	PROPN
cjal-3204	964	36	at	at	ADP
cjal-3204	964	37	§	§	PROPN
cjal-3204	964	38	8.3	8.3	NUM
cjal-3204	964	39	cmt	cmt	PROPN
cjal-3204	964	40	.	.	PUNCT
cjal-3204	965	1	b.	b.	PROPN
cjal-3204	965	2	131	131	NUM
cjal-3204	965	3	.	.	PUNCT
cjal-3204	966	1	restatement	restatement	NOUN
cjal-3204	966	2	(	(	PUNCT
cjal-3204	966	3	third	third	ADJ
cjal-3204	966	4	)	)	PUNCT
cjal-3204	966	5	of	of	ADP
cjal-3204	966	6	property	property	NOUN
cjal-3204	966	7	:	:	PUNCT
cjal-3204	966	8	mortgages	mortgage	NOUN
cjal-3204	966	9	§	§	PROPN
cjal-3204	966	10	8.4	8.4	NUM
cjal-3204	966	11	(	(	PUNCT
cjal-3204	966	12	1997	1997	NUM
cjal-3204	966	13	)	)	PUNCT
cjal-3204	966	14	adopts	adopt	VERB
cjal-3204	966	15	this	this	DET
cjal-3204	966	16	rule	rule	NOUN
cjal-3204	966	17	and	and	CCONJ
cjal-3204	966	18	lists	list	VERB
cjal-3204	966	19	15	15	NUM
cjal-3204	966	20	states	state	NOUN
cjal-3204	966	21	that	that	PRON
cjal-3204	966	22	follow	follow	VERB
cjal-3204	966	23	it	it	PRON
cjal-3204	966	24	by	by	ADP
cjal-3204	966	25	statute	statute	NOUN
cjal-3204	966	26	;	;	PUNCT
cjal-3204	966	27	i	i	PROPN
cjal-3204	966	28	d.	d.	PROPN
cjal-3204	966	29	at	at	ADP
cjal-3204	966	30	reporters	reporter	NOUN
cjal-3204	966	31	'	'	PART
cjal-3204	966	32	note	note	NOUN
cjal-3204	966	33	to	to	ADP
cjal-3204	966	34	cmt	cmt	PROPN
cjal-3204	966	35	.	.	PUNCT
cjal-3204	967	1	b.	b.	PROPN
cjal-3204	967	2	132	132	NUM
cjal-3204	967	3	.	.	PUNCT
cjal-3204	968	1	nelson	nelson	PROPN
cjal-3204	968	2	&	&	CCONJ
cjal-3204	968	3	whitman	whitman	PROPN
cjal-3204	968	4	,	,	PUNCT
cjal-3204	968	5	supra	supra	PROPN
cjal-3204	968	6	note	note	NOUN
cjal-3204	968	7	2	2	NUM
cjal-3204	968	8	,	,	PUNCT
cjal-3204	968	9	at	at	ADP
cjal-3204	968	10	§	§	PROPN
cjal-3204	968	11	8.3	8.3	NUM
cjal-3204	968	12	.	.	PUNCT
cjal-3204	968	13	133	133	NUM
cjal-3204	968	14	.	.	PUNCT
cjal-3204	969	1	i	i	PRON
cjal-3204	969	2	d.	d.	PROPN
cjal-3204	969	3	at	at	ADP
cjal-3204	969	4	§	§	PROPN
cjal-3204	969	5	7.19	7.19	NUM
cjal-3204	969	6	.	.	PUNCT
cjal-3204	969	7	134	134	NUM
cjal-3204	969	8	.	.	PUNCT
cjal-3204	970	1	u.l.s.la	u.l.s.la	PROPN
cjal-3204	970	2	.	.	PUNCT
cjal-3204	971	1	§	§	PROPN
cjal-3204	971	2	509(a	509(a	PROPN
cjal-3204	971	3	)	)	PUNCT
cjal-3204	971	4	;	;	PUNCT
cjal-3204	971	5	135	135	NUM
cjal-3204	971	6	.	.	PUNCT
cjal-3204	971	7	see	see	VERB
cjal-3204	971	8	marion	marion	PROPN
cjal-3204	971	9	w.	w.	PROPN
cjal-3204	971	10	benfield	benfield	PROPN
cjal-3204	971	11	,	,	PUNCT
cjal-3204	971	12	wasteddays	wastedday	NOUN
cjal-3204	971	13	and	and	CCONJ
cjal-3204	971	14	wasted	waste	VERB
cjal-3204	971	15	nights	night	NOUN
cjal-3204	971	16	:	:	PUNCT
cjal-3204	971	17	1w7z	1w7z	NUM
cjal-3204	971	18	,	,	PUNCT
cjal-3204	971	19	mhe	mhe	PROPN
cjal-3204	971	20	landacts	landact	NOUN
cjal-3204	971	21	failcd	failcd	PROPN
cjal-3204	971	22	20	20	NUM
cjal-3204	971	23	noval	noval	NOUN
cjal-3204	971	24	.	.	PUNCT
cjal-3204	972	1	rev	rev	PROPN
cjal-3204	972	2	.	.	PROPN
cjal-3204	972	3	1037	1037	NUM
cjal-3204	972	4	,	,	PUNCT
cjal-3204	972	5	1049	1049	NUM
cjal-3204	972	6	(	(	PUNCT
cjal-3204	972	7	1996	1996	NUM
cjal-3204	972	8	)	)	PUNCT
cjal-3204	972	9	.	.	PUNCT
cjal-3204	973	1	2001	2001	NUM
cjal-3204	973	2	]	]	PUNCT
cjal-3204	973	3	columbia	columbia	PROPN
cjal-3204	973	4	journal	journal	PROPN
cjal-3204	973	5	of	of	ADP
cjal-3204	973	6	asian	asian	ADJ
cjal-3204	973	7	law	law	NOUN
cjal-3204	973	8	reason	reason	NOUN
cjal-3204	973	9	(	(	PUNCT
cjal-3204	973	10	among	among	ADP
cjal-3204	973	11	numerous	numerous	ADJ
cjal-3204	973	12	others	other	NOUN
cjal-3204	973	13	)	)	PUNCT
cjal-3204	973	14	,	,	PUNCT
cjal-3204	973	15	neither	neither	PRON
cjal-3204	973	16	of	of	ADP
cjal-3204	973	17	these	these	DET
cjal-3204	973	18	uniform	uniform	ADJ
cjal-3204	973	19	acts	act	NOUN
cjal-3204	973	20	was	be	AUX
cjal-3204	973	21	adopted	adopt	VERB
cjal-3204	973	22	by	by	ADP
cjal-3204	973	23	any	any	DET
cjal-3204	973	24	state	state	NOUN
cjal-3204	973	25	in	in	ADP
cjal-3204	973	26	the	the	DET
cjal-3204	973	27	united	united	PROPN
cjal-3204	973	28	states	states	PROPN
cjal-3204	973	29	.	.	PUNCT
cjal-3204	974	1	there	there	PRON
cjal-3204	974	2	is	be	VERB
cjal-3204	974	3	precedent	precedent	NOUN
cjal-3204	974	4	in	in	ADP
cjal-3204	974	5	england	england	PROPN
cjal-3204	974	6	for	for	ADP
cjal-3204	974	7	such	such	DET
cjal-3204	974	8	a	a	DET
cjal-3204	974	9	flexible	flexible	ADJ
cjal-3204	974	10	approach	approach	NOUN
cjal-3204	974	11	to	to	ADP
cjal-3204	974	12	mortgage	mortgage	NOUN
cjal-3204	974	13	foreclosure	foreclosure	NOUN
cjal-3204	974	14	.	.	PUNCT
cjal-3204	975	1	the	the	DET
cjal-3204	975	2	term	term	NOUN
cjal-3204	975	3	"	"	PUNCT
cjal-3204	975	4	power	power	NOUN
cjal-3204	975	5	of	of	ADP
cjal-3204	975	6	sale	sale	NOUN
cjal-3204	975	7	"	"	PUNCT
cjal-3204	975	8	is	be	AUX
cjal-3204	975	9	used	use	VERB
cjal-3204	975	10	in	in	ADP
cjal-3204	975	11	english	english	ADJ
cjal-3204	975	12	mortgages	mortgage	NOUN
cjal-3204	975	13	,	,	PUNCT
cjal-3204	975	14	but	but	CCONJ
cjal-3204	975	15	it	it	PRON
cjal-3204	975	16	has	have	VERB
cjal-3204	975	17	a	a	DET
cjal-3204	975	18	greatly	greatly	ADV
cjal-3204	975	19	different	different	ADJ
cjal-3204	975	20	meaning	meaning	NOUN
cjal-3204	975	21	than	than	ADP
cjal-3204	975	22	that	that	PRON
cjal-3204	975	23	employed	employ	VERB
cjal-3204	975	24	in	in	ADP
cjal-3204	975	25	the	the	DET
cjal-3204	975	26	united	united	PROPN
cjal-3204	975	27	states	states	PROPN
cjal-3204	975	28	.	.	PUNCT
cjal-3204	976	1	under	under	ADP
cjal-3204	976	2	an	an	DET
cjal-3204	976	3	english	english	ADJ
cjal-3204	976	4	"	"	PUNCT
cjal-3204	976	5	power	power	NOUN
cjal-3204	976	6	of	of	ADP
cjal-3204	976	7	sale	sale	NOUN
cjal-3204	976	8	,	,	PUNCT
cjal-3204	976	9	"	"	PUNCT
cjal-3204	976	10	the	the	DET
cjal-3204	976	11	lender	lender	NOUN
cjal-3204	976	12	is	be	AUX
cjal-3204	976	13	permitted	permit	VERB
cjal-3204	976	14	to	to	PART
cjal-3204	976	15	foreclose	foreclose	VERB
cjal-3204	976	16	simply	simply	ADV
cjal-3204	976	17	by	by	ADP
cjal-3204	976	18	selling	sell	VERB
cjal-3204	976	19	the	the	DET
cjal-3204	976	20	real	real	ADJ
cjal-3204	976	21	estate	estate	NOUN
cjal-3204	976	22	to	to	ADP
cjal-3204	976	23	any	any	DET
cjal-3204	976	24	buyer	buyer	NOUN
cjal-3204	976	25	other	other	ADJ
cjal-3204	976	26	than	than	ADP
cjal-3204	976	27	itself	itself	PRON
cjal-3204	976	28	or	or	CCONJ
cjal-3204	976	29	its	its	PRON
cjal-3204	976	30	agents	agent	NOUN
cjal-3204	976	31	.	.	PUNCT
cjal-3204	977	1	136	136	NUM
cjal-3204	977	2	the	the	DET
cjal-3204	977	3	price	price	NOUN
cjal-3204	977	4	must	must	AUX
cjal-3204	977	5	be	be	AUX
cjal-3204	977	6	reasonable	reasonable	ADJ
cjal-3204	977	7	,	,	PUNCT
cjal-3204	977	8	although	although	SCONJ
cjal-3204	977	9	it	it	PRON
cjal-3204	977	10	need	need	AUX
cjal-3204	977	11	not	not	PART
cjal-3204	977	12	be	be	AUX
cjal-3204	977	13	shown	show	VERB
cjal-3204	977	14	to	to	PART
cjal-3204	977	15	be	be	AUX
cjal-3204	977	16	the	the	DET
cjal-3204	977	17	highest	high	ADJ
cjal-3204	977	18	possible	possible	ADJ
cjal-3204	977	19	price	price	NOUN
cjal-3204	977	20	obtainable	obtainable	ADJ
cjal-3204	977	21	.	.	PUNCT
cjal-3204	978	1	lenders	lender	NOUN
cjal-3204	978	2	in	in	ADP
cjal-3204	978	3	england	england	PROPN
cjal-3204	978	4	commonly	commonly	ADV
cjal-3204	978	5	use	use	VERB
cjal-3204	978	6	real	real	ADJ
cjal-3204	978	7	estate	estate	NOUN
cjal-3204	978	8	brokers	broker	NOUN
cjal-3204	978	9	(	(	PUNCT
cjal-3204	978	10	"	"	PUNCT
cjal-3204	978	11	estate	estate	NOUN
cjal-3204	978	12	agents	agent	NOUN
cjal-3204	978	13	"	"	PUNCT
cjal-3204	978	14	)	)	PUNCT
cjal-3204	978	15	and	and	CCONJ
cjal-3204	978	16	other	other	ADJ
cjal-3204	978	17	means	mean	NOUN
cjal-3204	978	18	of	of	ADP
cjal-3204	978	19	conducting	conduct	VERB
cjal-3204	978	20	foreclosure	foreclosure	NOUN
cjal-3204	978	21	sales	sale	NOUN
cjal-3204	978	22	,	,	PUNCT
cjal-3204	978	23	just	just	ADV
cjal-3204	978	24	as	as	ADP
cjal-3204	978	25	with	with	ADP
cjal-3204	978	26	other	other	ADJ
cjal-3204	978	27	sales	sale	NOUN
cjal-3204	978	28	of	of	ADP
cjal-3204	978	29	real	real	ADJ
cjal-3204	978	30	property	property	NOUN
cjal-3204	978	31	.	.	PUNCT
cjal-3204	979	1	foreclosures	foreclosure	NOUN
cjal-3204	979	2	by	by	ADP
cjal-3204	979	3	judicial	judicial	ADJ
cjal-3204	979	4	sale	sale	NOUN
cjal-3204	979	5	(	(	PUNCT
cjal-3204	979	6	auction	auction	NOUN
cjal-3204	979	7	)	)	PUNCT
cjal-3204	979	8	are	be	AUX
cjal-3204	979	9	also	also	ADV
cjal-3204	979	10	permissible,137	permissible,137	NOUN
cjal-3204	979	11	but	but	CCONJ
cjal-3204	979	12	are	be	AUX
cjal-3204	979	13	rare	rare	ADJ
cjal-3204	979	14	in	in	ADP
cjal-3204	979	15	practice	practice	NOUN
cjal-3204	979	16	.	.	PUNCT
cjal-3204	980	1	perhaps	perhaps	ADV
cjal-3204	980	2	there	there	PRON
cjal-3204	980	3	is	be	VERB
cjal-3204	980	4	an	an	DET
cjal-3204	980	5	inherent	inherent	ADJ
cjal-3204	980	6	mistrust	mistrust	NOUN
cjal-3204	980	7	of	of	ADP
cjal-3204	980	8	lenders	lender	NOUN
cjal-3204	980	9	in	in	ADP
cjal-3204	980	10	america	america	PROPN
cjal-3204	980	11	,	,	PUNCT
cjal-3204	980	12	which	which	PRON
cjal-3204	980	13	translates	translate	VERB
cjal-3204	980	14	into	into	ADP
cjal-3204	980	15	a	a	DET
cjal-3204	980	16	sense	sense	NOUN
cjal-3204	980	17	that	that	SCONJ
cjal-3204	980	18	foreclosures	foreclosure	NOUN
cjal-3204	980	19	must	must	AUX
cjal-3204	980	20	be	be	AUX
cjal-3204	980	21	rather	rather	ADV
cjal-3204	980	22	strictly	strictly	ADV
cjal-3204	980	23	regulated	regulate	VERB
cjal-3204	980	24	or	or	CCONJ
cjal-3204	980	25	borrowers	borrower	NOUN
cjal-3204	980	26	and	and	CCONJ
cjal-3204	980	27	especially	especially	ADV
cjal-3204	980	28	homeowners	homeowner	NOUN
cjal-3204	980	29	will	will	AUX
cjal-3204	980	30	be	be	AUX
cjal-3204	980	31	taken	take	VERB
cjal-3204	980	32	advantage	advantage	NOUN
cjal-3204	980	33	of	of	ADP
cjal-3204	980	34	the	the	DET
cjal-3204	980	35	uniform	uniform	ADJ
cjal-3204	980	36	nonjudicial	nonjudicial	ADJ
cjal-3204	980	37	foreclosure	foreclosure	NOUN
cjal-3204	980	38	act	act	NOUN
cjal-3204	980	39	(	(	PUNCT
cjal-3204	980	40	unfa	unfa	NOUN
cjal-3204	980	41	)	)	PUNCT
cjal-3204	980	42	,	,	PUNCT
cjal-3204	980	43	currently	currently	ADV
cjal-3204	980	44	in	in	ADP
cjal-3204	980	45	the	the	DET
cjal-3204	980	46	drafting	drafting	NOUN
cjal-3204	980	47	process	process	NOUN
cjal-3204	980	48	under	under	ADP
cjal-3204	980	49	the	the	DET
cjal-3204	980	50	sponsorship	sponsorship	NOUN
cjal-3204	980	51	of	of	ADP
cjal-3204	980	52	the	the	DET
cjal-3204	980	53	commissioners	commissioner	NOUN
cjal-3204	980	54	on	on	ADP
cjal-3204	980	55	uniform	uniform	ADJ
cjal-3204	980	56	laws	law	NOUN
cjal-3204	980	57	,	,	PUNCT
cjal-3204	980	58	attempts	attempt	VERB
cjal-3204	980	59	to	to	PART
cjal-3204	980	60	combine	combine	VERB
cjal-3204	980	61	the	the	DET
cjal-3204	980	62	flexibility	flexibility	NOUN
cjal-3204	980	63	of	of	ADP
cjal-3204	980	64	the	the	DET
cjal-3204	980	65	english	english	PROPN
cjal-3204	980	66	and	and	CCONJ
cjal-3204	980	67	ulta	ulta	ADJ
cjal-3204	980	68	/	/	SYM
cjal-3204	980	69	ulsia	ulsia	NOUN
cjal-3204	980	70	approaches	approach	VERB
cjal-3204	980	71	with	with	ADP
cjal-3204	980	72	this	this	DET
cjal-3204	980	73	need	need	NOUN
cjal-3204	980	74	for	for	ADP
cjal-3204	980	75	careful	careful	ADJ
cjal-3204	980	76	regulation	regulation	NOUN
cjal-3204	980	77	of	of	ADP
cjal-3204	980	78	lenders	lender	NOUN
cjal-3204	980	79	.	.	PUNCT
cjal-3204	981	1	138	138	NUM
cjal-3204	981	2	in	in	ADP
cjal-3204	981	3	brief	brief	NOUN
cjal-3204	981	4	,	,	PUNCT
cjal-3204	981	5	the	the	DET
cjal-3204	981	6	unfa	unfa	NOUN
cjal-3204	981	7	recognizes	recognize	VERB
cjal-3204	981	8	three	three	NUM
cjal-3204	981	9	distinct	distinct	ADJ
cjal-3204	981	10	foreclosure	foreclosure	NOUN
cjal-3204	981	11	methods	method	NOUN
cjal-3204	981	12	available	available	ADJ
cjal-3204	981	13	to	to	ADP
cjal-3204	981	14	lenders	lender	NOUN
cjal-3204	981	15	.	.	PUNCT
cjal-3204	982	1	the	the	DET
cjal-3204	982	2	first	first	ADJ
cjal-3204	982	3	is	be	AUX
cjal-3204	982	4	the	the	DET
cjal-3204	982	5	auction	auction	NOUN
cjal-3204	982	6	sale	sale	NOUN
cjal-3204	982	7	,	,	PUNCT
cjal-3204	982	8	which	which	PRON
cjal-3204	982	9	(	(	PUNCT
cjal-3204	982	10	like	like	ADP
cjal-3204	982	11	the	the	DET
cjal-3204	982	12	statutes	statute	NOUN
cjal-3204	982	13	of	of	ADP
cjal-3204	982	14	more	more	ADJ
cjal-3204	982	15	than	than	ADP
cjal-3204	982	16	20	20	NUM
cjal-3204	982	17	american	american	ADJ
cjal-3204	982	18	states	state	NOUN
cjal-3204	982	19	)	)	PUNCT
cjal-3204	982	20	may	may	AUX
cjal-3204	982	21	be	be	AUX
cjal-3204	982	22	held	hold	VERB
cjal-3204	982	23	without	without	ADP
cjal-3204	982	24	judicial	judicial	ADJ
cjal-3204	982	25	supervision	supervision	NOUN
cjal-3204	982	26	.	.	PUNCT
cjal-3204	983	1	139	139	NUM
cjal-3204	983	2	however	however	ADV
cjal-3204	983	3	,	,	PUNCT
cjal-3204	983	4	lenders	lender	NOUN
cjal-3204	983	5	have	have	VERB
cjal-3204	983	6	two	two	NUM
cjal-3204	983	7	alternatives	alternative	NOUN
cjal-3204	983	8	.	.	PUNCT
cjal-3204	984	1	the	the	DET
cjal-3204	984	2	first	first	ADJ
cjal-3204	984	3	,	,	PUNCT
cjal-3204	984	4	termed	term	VERB
cjal-3204	984	5	"	"	PUNCT
cjal-3204	984	6	foreclosure	foreclosure	NOUN
cjal-3204	984	7	by	by	ADP
cjal-3204	984	8	negotiated	negotiate	VERB
cjal-3204	984	9	sale	sale	NOUN
cjal-3204	984	10	,	,	PUNCT
cjal-3204	984	11	"	"	PUNCT
cjal-3204	984	12	permits	permit	VERB
cjal-3204	984	13	the	the	DET
cjal-3204	984	14	lender	lender	NOUN
cjal-3204	984	15	to	to	PART
cjal-3204	984	16	enter	enter	VERB
cjal-3204	984	17	into	into	ADP
cjal-3204	984	18	a	a	DET
cjal-3204	984	19	contract	contract	NOUN
cjal-3204	984	20	of	of	ADP
cjal-3204	984	21	sale	sale	NOUN
cjal-3204	984	22	for	for	ADP
cjal-3204	984	23	the	the	DET
cjal-3204	984	24	property	property	NOUN
cjal-3204	984	25	with	with	ADP
cjal-3204	984	26	a	a	DET
cjal-3204	984	27	buyer	buyer	NOUN
cjal-3204	984	28	.	.	PUNCT
cjal-3204	985	1	the	the	DET
cjal-3204	985	2	lender	lender	NOUN
cjal-3204	985	3	may	may	AUX
cjal-3204	985	4	use	use	VERB
cjal-3204	985	5	brokers	broker	NOUN
cjal-3204	985	6	or	or	CCONJ
cjal-3204	985	7	any	any	DET
cjal-3204	985	8	other	other	ADJ
cjal-3204	985	9	means	mean	NOUN
cjal-3204	985	10	of	of	ADP
cjal-3204	985	11	marketing	market	VERB
cjal-3204	985	12	the	the	DET
cjal-3204	985	13	property	property	NOUN
cjal-3204	985	14	for	for	ADP
cjal-3204	985	15	this	this	DET
cjal-3204	985	16	purpose	purpose	NOUN
cjal-3204	985	17	.	.	PUNCT
cjal-3204	986	1	the	the	DET
cjal-3204	986	2	lender	lender	NOUN
cjal-3204	986	3	,	,	PUNCT
cjal-3204	986	4	having	having	AUX
cjal-3204	986	5	arranged	arrange	VERB
cjal-3204	986	6	for	for	ADP
cjal-3204	986	7	such	such	DET
cjal-3204	986	8	a	a	DET
cjal-3204	986	9	sale	sale	NOUN
cjal-3204	986	10	,	,	PUNCT
cjal-3204	986	11	then	then	ADV
cjal-3204	986	12	notifies	notify	VERB
cjal-3204	986	13	the	the	DET
cjal-3204	986	14	borrower	borrower	NOUN
cjal-3204	986	15	of	of	ADP
cjal-3204	986	16	its	its	PRON
cjal-3204	986	17	terms	term	NOUN
cjal-3204	986	18	,	,	PUNCT
cjal-3204	986	19	and	and	CCONJ
cjal-3204	986	20	also	also	ADV
cjal-3204	986	21	states	state	VERB
cjal-3204	986	22	a	a	DET
cjal-3204	986	23	price	price	NOUN
cjal-3204	986	24	that	that	PRON
cjal-3204	986	25	the	the	DET
cjal-3204	986	26	lender	lender	NOUN
cjal-3204	986	27	is	be	AUX
cjal-3204	986	28	willing	willing	ADJ
cjal-3204	986	29	to	to	PART
cjal-3204	986	30	credit	credit	VERB
cjal-3204	986	31	against	against	ADP
cjal-3204	986	32	the	the	DET
cjal-3204	986	33	debt	debt	NOUN
cjal-3204	986	34	.	.	PUNCT
cjal-3204	987	1	this	this	DET
cjal-3204	987	2	price	price	NOUN
cjal-3204	987	3	need	need	AUX
cjal-3204	987	4	not	not	PART
cjal-3204	987	5	be	be	AUX
cjal-3204	987	6	identical	identical	ADJ
cjal-3204	987	7	to	to	ADP
cjal-3204	987	8	the	the	DET
cjal-3204	987	9	contract	contract	NOUN
cjal-3204	987	10	price	price	NOUN
cjal-3204	987	11	that	that	PRON
cjal-3204	987	12	the	the	DET
cjal-3204	987	13	lender	lender	NOUN
cjal-3204	987	14	has	have	AUX
cjal-3204	987	15	arranged	arrange	VERB
cjal-3204	987	16	with	with	ADP
cjal-3204	987	17	the	the	DET
cjal-3204	987	18	third	third	ADJ
cjal-3204	987	19	party	party	NOUN
cjal-3204	987	20	buyer	buyer	NOUN
cjal-3204	987	21	,	,	PUNCT
cjal-3204	987	22	but	but	CCONJ
cjal-3204	987	23	the	the	DET
cjal-3204	987	24	contract	contract	NOUN
cjal-3204	987	25	price	price	NOUN
cjal-3204	987	26	gives	give	VERB
cjal-3204	987	27	the	the	DET
cjal-3204	987	28	borrower	borrower	NOUN
cjal-3204	987	29	at	at	ADP
cjal-3204	987	30	least	least	ADV
cjal-3204	987	31	one	one	NUM
cjal-3204	987	32	reference	reference	NOUN
cjal-3204	987	33	point	point	NOUN
cjal-3204	987	34	in	in	ADP
cjal-3204	987	35	determining	determine	VERB
cjal-3204	987	36	whether	whether	SCONJ
cjal-3204	987	37	to	to	PART
cjal-3204	987	38	accept	accept	VERB
cjal-3204	987	39	the	the	DET
cjal-3204	987	40	lender	lender	NOUN
cjal-3204	987	41	's	's	PART
cjal-3204	987	42	offer	offer	NOUN
cjal-3204	987	43	.	.	PUNCT
cjal-3204	988	1	136	136	NUM
cjal-3204	988	2	.	.	PUNCT
cjal-3204	989	1	law	law	NOUN
cjal-3204	989	2	of	of	ADP
cjal-3204	989	3	property	property	NOUN
cjal-3204	989	4	act	act	NOUN
cjal-3204	989	5	§	§	PROPN
cjal-3204	989	6	§	§	PROPN
cjal-3204	989	7	101	101	NUM
cjal-3204	989	8	-	-	SYM
cjal-3204	989	9	107	107	NUM
cjal-3204	989	10	(	(	PUNCT
cjal-3204	989	11	1925	1925	NUM
cjal-3204	989	12	)	)	PUNCT
cjal-3204	989	13	;	;	PUNCT
cjal-3204	989	14	bernard	bernard	PROPN
cjal-3204	989	15	rudden	rudden	PROPN
cjal-3204	989	16	&	&	CCONJ
cjal-3204	989	17	hywel	hywel	PROPN
cjal-3204	989	18	moseley	moseley	PROPN
cjal-3204	989	19	,	,	PUNCT
cjal-3204	989	20	notes	note	NOUN
cjal-3204	989	21	on	on	ADP
cjal-3204	989	22	mortgages	mortgage	NOUN
cjal-3204	989	23	,	,	PUNCT
cjal-3204	989	24	52	52	NUM
cjal-3204	989	25	-	-	SYM
cjal-3204	989	26	57	57	NUM
cjal-3204	989	27	(	(	PUNCT
cjal-3204	989	28	3d	3d	NOUN
cjal-3204	989	29	ed.1967	ed.1967	PROPN
cjal-3204	989	30	)	)	PUNCT
cjal-3204	989	31	.	.	PUNCT
cjal-3204	990	1	137	137	NUM
cjal-3204	990	2	.	.	PUNCT
cjal-3204	991	1	i	i	PRON
cjal-3204	991	2	d.	d.	PROPN
cjal-3204	991	3	at	at	ADP
cjal-3204	991	4	67	67	NUM
cjal-3204	991	5	.	.	PUNCT
cjal-3204	991	6	138	138	NUM
cjal-3204	991	7	.	.	PUNCT
cjal-3204	992	1	descriptions	description	NOUN
cjal-3204	992	2	of	of	ADP
cjal-3204	992	3	unfa	unfa	NOUN
cjal-3204	992	4	here	here	ADV
cjal-3204	992	5	are	be	AUX
cjal-3204	992	6	based	base	VERB
cjal-3204	992	7	on	on	ADP
cjal-3204	992	8	preliminary	preliminary	ADJ
cjal-3204	992	9	drafts	draft	NOUN
cjal-3204	992	10	,	,	PUNCT
cjal-3204	992	11	and	and	CCONJ
cjal-3204	992	12	changes	change	NOUN
cjal-3204	992	13	may	may	AUX
cjal-3204	992	14	occur	occur	VERB
cjal-3204	992	15	before	before	SCONJ
cjal-3204	992	16	the	the	DET
cjal-3204	992	17	act	act	NOUN
cjal-3204	992	18	is	be	AUX
cjal-3204	992	19	adopted	adopt	VERB
cjal-3204	992	20	by	by	ADP
cjal-3204	992	21	the	the	DET
cjal-3204	992	22	national	national	ADJ
cjal-3204	992	23	conference	conference	NOUN
cjal-3204	992	24	of	of	ADP
cjal-3204	992	25	commissioners	commissioner	NOUN
cjal-3204	992	26	on	on	ADP
cjal-3204	992	27	uniform	uniform	ADJ
cjal-3204	992	28	laws	law	NOUN
cjal-3204	992	29	.	.	PUNCT
cjal-3204	993	1	the	the	DET
cjal-3204	993	2	act	act	NOUN
cjal-3204	993	3	is	be	AUX
cjal-3204	993	4	expected	expect	VERB
cjal-3204	993	5	to	to	PART
cjal-3204	993	6	be	be	AUX
cjal-3204	993	7	presented	present	VERB
cjal-3204	993	8	for	for	ADP
cjal-3204	993	9	final	final	ADJ
cjal-3204	993	10	reading	reading	NOUN
cjal-3204	993	11	at	at	ADP
cjal-3204	993	12	the	the	DET
cjal-3204	993	13	annual	annual	ADJ
cjal-3204	993	14	meeting	meeting	NOUN
cjal-3204	993	15	of	of	ADP
cjal-3204	993	16	the	the	DET
cjal-3204	993	17	conference	conference	NOUN
cjal-3204	993	18	in	in	ADP
cjal-3204	993	19	tucson	tucson	PROPN
cjal-3204	993	20	,	,	PUNCT
cjal-3204	993	21	arizona	arizona	PROPN
cjal-3204	993	22	in	in	ADP
cjal-3204	993	23	summer	summer	NOUN
cjal-3204	993	24	2002	2002	NUM
cjal-3204	993	25	.	.	PUNCT
cjal-3204	994	1	139	139	NUM
cjal-3204	994	2	.	.	PUNCT
cjal-3204	995	1	the	the	DET
cjal-3204	995	2	unfa	unfa	NOUN
cjal-3204	995	3	gives	give	VERB
cjal-3204	995	4	the	the	DET
cjal-3204	995	5	lender	lender	NOUN
cjal-3204	995	6	the	the	DET
cjal-3204	995	7	power	power	NOUN
cjal-3204	995	8	to	to	PART
cjal-3204	995	9	conduct	conduct	VERB
cjal-3204	995	10	this	this	DET
cjal-3204	995	11	sort	sort	NOUN
cjal-3204	995	12	of	of	ADP
cjal-3204	995	13	sale	sale	NOUN
cjal-3204	995	14	personally	personally	ADV
cjal-3204	995	15	,	,	PUNCT
cjal-3204	995	16	while	while	SCONJ
cjal-3204	995	17	nearly	nearly	ADV
cjal-3204	995	18	all	all	PRON
cjal-3204	995	19	of	of	ADP
cjal-3204	995	20	the	the	DET
cjal-3204	995	21	american	american	ADJ
cjal-3204	995	22	states	states	PROPN
cjal-3204	995	23	recognizing	recognize	VERB
cjal-3204	995	24	a	a	DET
cjal-3204	995	25	similar	similar	ADJ
cjal-3204	995	26	power	power	NOUN
cjal-3204	995	27	require	require	VERB
cjal-3204	995	28	that	that	SCONJ
cjal-3204	995	29	it	it	PRON
cjal-3204	995	30	be	be	AUX
cjal-3204	995	31	exercised	exercise	VERB
cjal-3204	995	32	by	by	ADP
cjal-3204	995	33	a	a	DET
cjal-3204	995	34	trustee	trustee	NOUN
cjal-3204	995	35	who	who	PRON
cjal-3204	995	36	is	be	AUX
cjal-3204	995	37	,	,	PUNCT
cjal-3204	995	38	at	at	ADP
cjal-3204	995	39	least	least	ADJ
cjal-3204	995	40	nominally	nominally	ADV
cjal-3204	995	41	,	,	PUNCT
cjal-3204	995	42	distinct	distinct	ADJ
cjal-3204	995	43	from	from	ADP
cjal-3204	995	44	the	the	DET
cjal-3204	995	45	lender	lender	NOUN
cjal-3204	995	46	.	.	PUNCT
cjal-3204	996	1	this	this	DET
cjal-3204	996	2	distinction	distinction	NOUN
cjal-3204	996	3	is	be	AUX
cjal-3204	996	4	hardly	hardly	ADV
cjal-3204	996	5	meaningful	meaningful	ADJ
cjal-3204	996	6	,	,	PUNCT
cjal-3204	996	7	since	since	SCONJ
cjal-3204	996	8	the	the	DET
cjal-3204	996	9	trustee	trustee	NOUN
cjal-3204	996	10	may	may	AUX
cjal-3204	996	11	,	,	PUNCT
cjal-3204	996	12	in	in	ADP
cjal-3204	996	13	most	most	ADJ
cjal-3204	996	14	states	state	NOUN
cjal-3204	996	15	,	,	PUNCT
cjal-3204	996	16	be	be	AUX
cjal-3204	996	17	an	an	DET
cjal-3204	996	18	employee	employee	NOUN
cjal-3204	996	19	or	or	CCONJ
cjal-3204	996	20	attorney	attorney	NOUN
cjal-3204	996	21	of	of	ADP
cjal-3204	996	22	the	the	DET
cjal-3204	996	23	lender	lender	NOUN
cjal-3204	996	24	.	.	PUNCT
cjal-3204	997	1	[	[	X
cjal-3204	997	2	15:1	15:1	NUM
cjal-3204	997	3	chinese	chinese	ADJ
cjal-3204	997	4	mortgage	mortgage	NOUN
cjal-3204	997	5	law	law	NOUN
cjal-3204	997	6	the	the	DET
cjal-3204	997	7	third	third	ADJ
cjal-3204	997	8	method	method	NOUN
cjal-3204	997	9	of	of	ADP
cjal-3204	997	10	foreclosure	foreclosure	NOUN
cjal-3204	997	11	authorized	authorize	VERB
cjal-3204	997	12	by	by	ADP
cjal-3204	997	13	the	the	DET
cjal-3204	997	14	unfa	unfa	NOUN
cjal-3204	997	15	,	,	PUNCT
cjal-3204	997	16	termed	term	VERB
cjal-3204	997	17	"	"	PUNCT
cjal-3204	997	18	foreclosure	foreclosure	NOUN
cjal-3204	997	19	by	by	ADP
cjal-3204	997	20	appraisal	appraisal	NOUN
cjal-3204	997	21	,	,	PUNCT
cjal-3204	997	22	"	"	PUNCT
cjal-3204	997	23	permits	permit	VERB
cjal-3204	997	24	the	the	DET
cjal-3204	997	25	lender	lender	NOUN
cjal-3204	997	26	to	to	PART
cjal-3204	997	27	obtain	obtain	VERB
cjal-3204	997	28	and	and	CCONJ
cjal-3204	997	29	give	give	VERB
cjal-3204	997	30	to	to	ADP
cjal-3204	997	31	the	the	DET
cjal-3204	997	32	debtor	debtor	NOUN
cjal-3204	997	33	an	an	DET
cjal-3204	997	34	appraisal	appraisal	NOUN
cjal-3204	997	35	of	of	ADP
cjal-3204	997	36	the	the	DET
cjal-3204	997	37	property	property	NOUN
cjal-3204	997	38	,	,	PUNCT
cjal-3204	997	39	and	and	CCONJ
cjal-3204	997	40	to	to	PART
cjal-3204	997	41	accompany	accompany	VERB
cjal-3204	997	42	it	it	PRON
cjal-3204	997	43	with	with	ADP
cjal-3204	997	44	an	an	DET
cjal-3204	997	45	offer	offer	NOUN
cjal-3204	997	46	of	of	ADP
cjal-3204	997	47	a	a	DET
cjal-3204	997	48	proposed	propose	VERB
cjal-3204	997	49	net	net	ADJ
cjal-3204	997	50	amount	amount	NOUN
cjal-3204	997	51	that	that	PRON
cjal-3204	997	52	the	the	DET
cjal-3204	997	53	lender	lender	NOUN
cjal-3204	997	54	agrees	agree	VERB
cjal-3204	997	55	to	to	PART
cjal-3204	997	56	allow	allow	VERB
cjal-3204	997	57	in	in	ADP
cjal-3204	997	58	return	return	NOUN
cjal-3204	997	59	for	for	ADP
cjal-3204	997	60	taking	take	VERB
cjal-3204	997	61	title	title	NOUN
cjal-3204	997	62	to	to	ADP
cjal-3204	997	63	the	the	DET
cjal-3204	997	64	property	property	NOUN
cjal-3204	997	65	.	.	PUNCT
cjal-3204	998	1	this	this	DET
cjal-3204	998	2	latter	latter	ADJ
cjal-3204	998	3	method	method	NOUN
cjal-3204	998	4	is	be	AUX
cjal-3204	998	5	somewhat	somewhat	ADV
cjal-3204	998	6	like	like	ADP
cjal-3204	998	7	strict	strict	ADJ
cjal-3204	998	8	foreclosure	foreclosure	NOUN
cjal-3204	998	9	,	,	PUNCT
cjal-3204	998	10	in	in	ADP
cjal-3204	998	11	the	the	DET
cjal-3204	998	12	sense	sense	NOUN
cjal-3204	998	13	that	that	SCONJ
cjal-3204	998	14	the	the	DET
cjal-3204	998	15	lender	lender	NOUN
cjal-3204	998	16	vinds	vind	VERB
cjal-3204	998	17	up	up	ADP
cjal-3204	998	18	owning	own	VERB
cjal-3204	998	19	the	the	DET
cjal-3204	998	20	real	real	ADJ
cjal-3204	998	21	estate	estate	NOUN
cjal-3204	998	22	.	.	PUNCT
cjal-3204	999	1	in	in	ADP
cjal-3204	999	2	both	both	PRON
cjal-3204	999	3	of	of	ADP
cjal-3204	999	4	these	these	DET
cjal-3204	999	5	latter	latter	ADJ
cjal-3204	999	6	methods	method	NOUN
cjal-3204	999	7	of	of	ADP
cjal-3204	999	8	foreclosure	foreclosure	NOUN
cjal-3204	999	9	,	,	PUNCT
cjal-3204	999	10	the	the	DET
cjal-3204	999	11	debtor	debtor	NOUN
cjal-3204	999	12	and	and	CCONJ
cjal-3204	999	13	the	the	DET
cjal-3204	999	14	holders	holder	NOUN
cjal-3204	999	15	of	of	ADP
cjal-3204	999	16	junior	junior	ADJ
cjal-3204	999	17	interests	interest	NOUN
cjal-3204	999	18	given	give	VERB
cjal-3204	999	19	an	an	DET
cjal-3204	999	20	opportunity	opportunity	NOUN
cjal-3204	999	21	to	to	PART
cjal-3204	999	22	decide	decide	VERB
cjal-3204	999	23	whether	whether	SCONJ
cjal-3204	999	24	to	to	PART
cjal-3204	999	25	accept	accept	VERB
cjal-3204	999	26	or	or	CCONJ
cjal-3204	999	27	reject	reject	VERB
cjal-3204	999	28	the	the	DET
cjal-3204	999	29	lender	lender	NOUN
cjal-3204	999	30	's	's	PART
cjal-3204	999	31	proffered	proffer	VERB
cjal-3204	999	32	offer	offer	NOUN
cjal-3204	999	33	.	.	PUNCT
cjal-3204	1000	1	the	the	DET
cjal-3204	1000	2	proposed	propose	VERB
cjal-3204	1000	3	selling	selling	NOUN
cjal-3204	1000	4	price	price	NOUN
cjal-3204	1000	5	of	of	ADP
cjal-3204	1000	6	the	the	DET
cjal-3204	1000	7	property	property	NOUN
cjal-3204	1000	8	(	(	PUNCT
cjal-3204	1000	9	in	in	ADP
cjal-3204	1000	10	the	the	DET
cjal-3204	1000	11	case	case	NOUN
cjal-3204	1000	12	of	of	ADP
cjal-3204	1000	13	"	"	PUNCT
cjal-3204	1000	14	foreclosure	foreclosure	NOUN
cjal-3204	1000	15	by	by	ADP
cjal-3204	1000	16	negotiated	negotiate	VERB
cjal-3204	1000	17	sale	sale	NOUN
cjal-3204	1000	18	"	"	PUNCT
cjal-3204	1000	19	)	)	PUNCT
cjal-3204	1000	20	or	or	CCONJ
cjal-3204	1000	21	the	the	DET
cjal-3204	1000	22	appraised	appraise	VERB
cjal-3204	1000	23	value	value	NOUN
cjal-3204	1000	24	of	of	ADP
cjal-3204	1000	25	the	the	DET
cjal-3204	1000	26	property	property	NOUN
cjal-3204	1000	27	(	(	PUNCT
cjal-3204	1000	28	in	in	ADP
cjal-3204	1000	29	the	the	DET
cjal-3204	1000	30	case	case	NOUN
cjal-3204	1000	31	of	of	ADP
cjal-3204	1000	32	"	"	PUNCT
cjal-3204	1000	33	foreclosure	foreclosure	NOUN
cjal-3204	1000	34	by	by	ADP
cjal-3204	1000	35	appraisal	appraisal	NOUN
cjal-3204	1000	36	"	"	PUNCT
cjal-3204	1000	37	)	)	PUNCT
cjal-3204	1000	38	provides	provide	VERB
cjal-3204	1000	39	some	some	DET
cjal-3204	1000	40	information	information	NOUN
cjal-3204	1000	41	that	that	PRON
cjal-3204	1000	42	can	can	AUX
cjal-3204	1000	43	help	help	VERB
cjal-3204	1000	44	these	these	DET
cjal-3204	1000	45	parties	party	NOUN
cjal-3204	1000	46	decide	decide	VERB
cjal-3204	1000	47	whether	whether	SCONJ
cjal-3204	1000	48	to	to	PART
cjal-3204	1000	49	accept	accept	VERB
cjal-3204	1000	50	the	the	DET
cjal-3204	1000	51	lender	lender	NOUN
cjal-3204	1000	52	's	's	PART
cjal-3204	1000	53	offer	offer	NOUN
cjal-3204	1000	54	or	or	CCONJ
cjal-3204	1000	55	not	not	PART
cjal-3204	1000	56	.	.	PUNCT
cjal-3204	1001	1	however	however	ADV
cjal-3204	1001	2	,	,	PUNCT
cjal-3204	1001	3	the	the	DET
cjal-3204	1001	4	lender	lender	NOUN
cjal-3204	1001	5	's	's	PART
cjal-3204	1001	6	offer	offer	NOUN
cjal-3204	1001	7	may	may	AUX
cjal-3204	1001	8	be	be	AUX
cjal-3204	1001	9	lower	low	ADJ
cjal-3204	1001	10	or	or	CCONJ
cjal-3204	1001	11	higher	high	ADJ
cjal-3204	1001	12	than	than	ADP
cjal-3204	1001	13	negotiated	negotiate	VERB
cjal-3204	1001	14	sale	sale	NOUN
cjal-3204	1001	15	price	price	NOUN
cjal-3204	1001	16	or	or	CCONJ
cjal-3204	1001	17	the	the	DET
cjal-3204	1001	18	appraised	appraise	VERB
cjal-3204	1001	19	value	value	NOUN
cjal-3204	1001	20	.	.	PUNCT
cjal-3204	1002	1	if	if	SCONJ
cjal-3204	1002	2	the	the	DET
cjal-3204	1002	3	lender	lender	NOUN
cjal-3204	1002	4	's	's	PART
cjal-3204	1002	5	offer	offer	NOUN
cjal-3204	1002	6	is	be	AUX
cjal-3204	1002	7	rejected	reject	VERB
cjal-3204	1002	8	,	,	PUNCT
cjal-3204	1002	9	the	the	DET
cjal-3204	1002	10	usual	usual	ADJ
cjal-3204	1002	11	result	result	NOUN
cjal-3204	1002	12	is	be	AUX
cjal-3204	1002	13	that	that	SCONJ
cjal-3204	1002	14	the	the	DET
cjal-3204	1002	15	proposed	propose	VERB
cjal-3204	1002	16	foreclosure	foreclosure	NOUN
cjal-3204	1002	17	by	by	ADP
cjal-3204	1002	18	negotiate	negotiate	NOUN
cjal-3204	1002	19	sale	sale	NOUN
cjal-3204	1002	20	or	or	CCONJ
cjal-3204	1002	21	by	by	ADP
cjal-3204	1002	22	appraisal	appraisal	NOUN
cjal-3204	1002	23	is	be	AUX
cjal-3204	1002	24	dropped	drop	VERB
cjal-3204	1002	25	,	,	PUNCT
cjal-3204	1002	26	and	and	CCONJ
cjal-3204	1002	27	the	the	DET
cjal-3204	1002	28	foreclosure	foreclosure	NOUN
cjal-3204	1002	29	must	must	AUX
cjal-3204	1002	30	be	be	AUX
cjal-3204	1002	31	carried	carry	VERB
cjal-3204	1002	32	out	out	ADP
cjal-3204	1002	33	under	under	ADP
cjal-3204	1002	34	the	the	DET
cjal-3204	1002	35	traditional	traditional	ADJ
cjal-3204	1002	36	auction	auction	NOUN
cjal-3204	1002	37	format	format	NOUN
cjal-3204	1002	38	instead	instead	ADV
cjal-3204	1002	39	.	.	PUNCT
cjal-3204	1003	1	if	if	SCONJ
cjal-3204	1003	2	the	the	DET
cjal-3204	1003	3	lender	lender	NOUN
cjal-3204	1003	4	's	's	PART
cjal-3204	1003	5	offer	offer	NOUN
cjal-3204	1003	6	under	under	ADP
cjal-3204	1003	7	either	either	PRON
cjal-3204	1003	8	of	of	ADP
cjal-3204	1003	9	these	these	DET
cjal-3204	1003	10	latter	latter	ADJ
cjal-3204	1003	11	methods	method	NOUN
cjal-3204	1003	12	of	of	ADP
cjal-3204	1003	13	foreclosure	foreclosure	NOUN
cjal-3204	1003	14	is	be	AUX
cjal-3204	1003	15	a	a	DET
cjal-3204	1003	16	reasonable	reasonable	ADJ
cjal-3204	1003	17	one	one	NOUN
cjal-3204	1003	18	,	,	PUNCT
cjal-3204	1003	19	the	the	DET
cjal-3204	1003	20	debtor	debtor	NOUN
cjal-3204	1003	21	and	and	CCONJ
cjal-3204	1003	22	junior	junior	ADJ
cjal-3204	1003	23	lien	lien	NOUN
cjal-3204	1003	24	holders	holder	NOUN
cjal-3204	1003	25	are	be	AUX
cjal-3204	1003	26	likely	likely	ADJ
cjal-3204	1003	27	to	to	PART
cjal-3204	1003	28	accept	accept	VERB
cjal-3204	1003	29	it	it	PRON
cjal-3204	1003	30	,	,	PUNCT
cjal-3204	1003	31	particularly	particularly	ADV
cjal-3204	1003	32	in	in	ADP
cjal-3204	1003	33	light	light	NOUN
cjal-3204	1003	34	of	of	ADP
cjal-3204	1003	35	the	the	DET
cjal-3204	1003	36	widely	widely	ADV
cjal-3204	1003	37	-	-	PUNCT
cjal-3204	1003	38	recognized	recognize	VERB
cjal-3204	1003	39	fact	fact	NOUN
cjal-3204	1003	40	that	that	SCONJ
cjal-3204	1003	41	auction	auction	NOUN
cjal-3204	1003	42	foreclosure	foreclosure	NOUN
cjal-3204	1003	43	sales	sale	NOUN
cjal-3204	1003	44	rarely	rarely	ADV
cjal-3204	1003	45	bring	bring	VERB
cjal-3204	1003	46	fair	fair	ADJ
cjal-3204	1003	47	market	market	NOUN
cjal-3204	1003	48	value	value	NOUN
cjal-3204	1003	49	.	.	PUNCT
cjal-3204	1004	1	however	however	ADV
cjal-3204	1004	2	,	,	PUNCT
cjal-3204	1004	3	if	if	SCONJ
cjal-3204	1004	4	the	the	DET
cjal-3204	1004	5	debtor	debtor	NOUN
cjal-3204	1004	6	or	or	CCONJ
cjal-3204	1004	7	juniors	junior	NOUN
cjal-3204	1004	8	insist	insist	VERB
cjal-3204	1004	9	on	on	ADP
cjal-3204	1004	10	having	have	VERB
cjal-3204	1004	11	an	an	DET
cjal-3204	1004	12	auction	auction	NOUN
cjal-3204	1004	13	sale	sale	NOUN
cjal-3204	1004	14	,	,	PUNCT
cjal-3204	1004	15	that	that	PRON
cjal-3204	1004	16	is	be	AUX
cjal-3204	1004	17	their	their	PRON
cjal-3204	1004	18	right	right	NOUN
cjal-3204	1004	19	.	.	PUNCT
cjal-3204	1005	1	hence	hence	ADV
cjal-3204	1005	2	,	,	PUNCT
cjal-3204	1005	3	no	no	DET
cjal-3204	1005	4	debtor	debtor	NOUN
cjal-3204	1005	5	protections	protection	NOUN
cjal-3204	1005	6	are	be	AUX
cjal-3204	1005	7	lost	lose	VERB
cjal-3204	1005	8	as	as	ADP
cjal-3204	1005	9	a	a	DET
cjal-3204	1005	10	consequence	consequence	NOUN
cjal-3204	1005	11	of	of	ADP
cjal-3204	1005	12	availability	availability	NOUN
cjal-3204	1005	13	of	of	ADP
cjal-3204	1005	14	the	the	DET
cjal-3204	1005	15	other	other	ADJ
cjal-3204	1005	16	two	two	NUM
cjal-3204	1005	17	methods	method	NOUN
cjal-3204	1005	18	of	of	ADP
cjal-3204	1005	19	foreclosure	foreclosure	NOUN
cjal-3204	1005	20	.	.	PUNCT
cjal-3204	1006	1	in	in	ADP
cjal-3204	1006	2	most	most	ADJ
cjal-3204	1006	3	cases	case	NOUN
cjal-3204	1006	4	it	it	PRON
cjal-3204	1006	5	is	be	AUX
cjal-3204	1006	6	believed	believe	VERB
cjal-3204	1006	7	that	that	SCONJ
cjal-3204	1006	8	lenders	lender	NOUN
cjal-3204	1006	9	will	will	AUX
cjal-3204	1006	10	use	use	VERB
cjal-3204	1006	11	these	these	DET
cjal-3204	1006	12	other	other	ADJ
cjal-3204	1006	13	methods	method	NOUN
cjal-3204	1006	14	and	and	CCONJ
cjal-3204	1006	15	'	'	PUNCT
cjal-3204	1006	16	will	will	AUX
cjal-3204	1006	17	make	make	VERB
cjal-3204	1006	18	reasonable	reasonable	ADJ
cjal-3204	1006	19	offers	offer	NOUN
cjal-3204	1006	20	,	,	PUNCT
cjal-3204	1006	21	which	which	PRON
cjal-3204	1006	22	it	it	PRON
cjal-3204	1006	23	will	will	AUX
cjal-3204	1006	24	be	be	AUX
cjal-3204	1006	25	in	in	ADP
cjal-3204	1006	26	the	the	DET
cjal-3204	1006	27	interest	interest	NOUN
cjal-3204	1006	28	of	of	ADP
cjal-3204	1006	29	debtors	debtor	NOUN
cjal-3204	1006	30	and	and	CCONJ
cjal-3204	1006	31	junior	junior	ADJ
cjal-3204	1006	32	interest	interest	NOUN
cjal-3204	1006	33	-	-	PUNCT
cjal-3204	1006	34	holders	holder	NOUN
cjal-3204	1006	35	to	to	PART
cjal-3204	1006	36	accept	accept	VERB
cjal-3204	1006	37	.	.	PUNCT
cjal-3204	1007	1	in	in	ADP
cjal-3204	1007	2	the	the	DET
cjal-3204	1007	3	long	long	ADJ
cjal-3204	1007	4	run	run	NOUN
cjal-3204	1007	5	,	,	PUNCT
cjal-3204	1007	6	both	both	DET
cjal-3204	1007	7	lenders	lender	NOUN
cjal-3204	1007	8	and	and	CCONJ
cjal-3204	1007	9	debtors	debtor	NOUN
cjal-3204	1007	10	should	should	AUX
cjal-3204	1007	11	be	be	AUX
cjal-3204	1007	12	better	well	ADJ
cjal-3204	1007	13	offlenders	offlender	NOUN
cjal-3204	1007	14	because	because	SCONJ
cjal-3204	1007	15	they	they	PRON
cjal-3204	1007	16	can	can	AUX
cjal-3204	1007	17	avoid	avoid	VERB
cjal-3204	1007	18	some	some	DET
cjal-3204	1007	19	the	the	DET
cjal-3204	1007	20	delays	delay	NOUN
cjal-3204	1007	21	and	and	CCONJ
cjal-3204	1007	22	uncertainties	uncertainty	NOUN
cjal-3204	1007	23	associated	associate	VERB
cjal-3204	1007	24	with	with	ADP
cjal-3204	1007	25	auction	auction	NOUN
cjal-3204	1007	26	sales	sale	NOUN
cjal-3204	1007	27	,	,	PUNCT
cjal-3204	1007	28	and	and	CCONJ
cjal-3204	1007	29	debtors	debtor	NOUN
cjal-3204	1007	30	because	because	SCONJ
cjal-3204	1007	31	they	they	PRON
cjal-3204	1007	32	will	will	AUX
cjal-3204	1007	33	in	in	ADP
cjal-3204	1007	34	general	general	ADJ
cjal-3204	1007	35	be	be	AUX
cjal-3204	1007	36	credited	credit	VERB
cjal-3204	1007	37	with	with	ADP
cjal-3204	1007	38	higher	high	ADJ
cjal-3204	1007	39	prices	price	NOUN
cjal-3204	1007	40	for	for	ADP
cjal-3204	1007	41	their	their	PRON
cjal-3204	1007	42	properties	property	NOUN
cjal-3204	1007	43	,	,	PUNCT
cjal-3204	1007	44	thus	thus	ADV
cjal-3204	1007	45	reducing	reduce	VERB
cjal-3204	1007	46	their	their	PRON
cjal-3204	1007	47	risk	risk	NOUN
cjal-3204	1007	48	of	of	ADP
cjal-3204	1007	49	deficiency	deficiency	NOUN
cjal-3204	1007	50	liability	liability	NOUN
cjal-3204	1007	51	and	and	CCONJ
cjal-3204	1007	52	increasing	increase	VERB
cjal-3204	1007	53	the	the	DET
cjal-3204	1007	54	probability	probability	NOUN
cjal-3204	1007	55	of	of	ADP
cjal-3204	1007	56	a	a	DET
cjal-3204	1007	57	surplus	surplus	NOUN
cjal-3204	1007	58	.	.	PUNCT
cjal-3204	1008	1	the	the	DET
cjal-3204	1008	2	acts	act	NOUN
cjal-3204	1008	3	adopted	adopt	VERB
cjal-3204	1008	4	by	by	ADP
cjal-3204	1008	5	the	the	DET
cjal-3204	1008	6	national	national	ADJ
cjal-3204	1008	7	conference	conference	NOUN
cjal-3204	1008	8	of	of	ADP
cjal-3204	1008	9	commissioners	commissioner	NOUN
cjal-3204	1008	10	on	on	ADP
cjal-3204	1008	11	uniform	uniform	ADJ
cjal-3204	1008	12	state	state	NOUN
cjal-3204	1008	13	laws	law	NOUN
cjal-3204	1008	14	are	be	AUX
cjal-3204	1008	15	not	not	PART
cjal-3204	1008	16	binding	bind	VERB
cjal-3204	1008	17	on	on	ADP
cjal-3204	1008	18	any	any	DET
cjal-3204	1008	19	state	state	NOUN
cjal-3204	1008	20	;	;	PUNCT
cjal-3204	1008	21	they	they	PRON
cjal-3204	1008	22	become	become	VERB
cjal-3204	1008	23	law	law	NOUN
cjal-3204	1008	24	only	only	ADV
cjal-3204	1008	25	if	if	SCONJ
cjal-3204	1008	26	and	and	CCONJ
cjal-3204	1008	27	as	as	SCONJ
cjal-3204	1008	28	individual	individual	ADJ
cjal-3204	1008	29	state	state	NOUN
cjal-3204	1008	30	legislatures	legislature	NOUN
cjal-3204	1008	31	adopt	adopt	VERB
cjal-3204	1008	32	them	they	PRON
cjal-3204	1008	33	.	.	PUNCT
cjal-3204	1009	1	unfa	unfa	NOUN
cjal-3204	1009	2	may	may	AUX
cjal-3204	1009	3	meet	meet	VERB
cjal-3204	1009	4	the	the	DET
cjal-3204	1009	5	same	same	ADJ
cjal-3204	1009	6	fate	fate	NOUN
cjal-3204	1009	7	as	as	ADP
cjal-3204	1009	8	its	its	PRON
cjal-3204	1009	9	predecessors	predecessor	NOUN
cjal-3204	1009	10	,	,	PUNCT
cjal-3204	1009	11	ulta	ulta	NOUN
cjal-3204	1009	12	and	and	CCONJ
cjal-3204	1009	13	ulsia	ulsia	NOUN
cjal-3204	1009	14	,	,	PUNCT
cjal-3204	1009	15	and	and	CCONJ
cjal-3204	1009	16	fail	fail	VERB
cjal-3204	1009	17	to	to	PART
cjal-3204	1009	18	be	be	AUX
cjal-3204	1009	19	adopted	adopt	VERB
cjal-3204	1009	20	in	in	ADP
cjal-3204	1009	21	any	any	DET
cjal-3204	1009	22	state	state	NOUN
cjal-3204	1009	23	.	.	PUNCT
cjal-3204	1010	1	but	but	CCONJ
cjal-3204	1010	2	there	there	PRON
cjal-3204	1010	3	is	be	VERB
cjal-3204	1010	4	reason	reason	NOUN
cjal-3204	1010	5	to	to	PART
cjal-3204	1010	6	hope	hope	VERB
cjal-3204	1010	7	and	and	CCONJ
cjal-3204	1010	8	expect	expect	VERB
cjal-3204	1010	9	that	that	SCONJ
cjal-3204	1010	10	its	its	PRON
cjal-3204	1010	11	creative	creative	ADJ
cjal-3204	1010	12	approach	approach	NOUN
cjal-3204	1010	13	to	to	ADP
cjal-3204	1010	14	foreclosure	foreclosure	NOUN
cjal-3204	1010	15	,	,	PUNCT
cjal-3204	1010	16	combined	combine	VERB
cjal-3204	1010	17	with	with	ADP
cjal-3204	1010	18	the	the	DET
cjal-3204	1010	19	fact	fact	NOUN
cjal-3204	1010	20	that	that	SCONJ
cjal-3204	1010	21	about	about	ADV
cjal-3204	1010	22	20	20	NUM
cjal-3204	1010	23	american	american	ADJ
cjal-3204	1010	24	states	state	NOUN
cjal-3204	1010	25	have	have	AUX
cjal-3204	1010	26	no	no	DET
cjal-3204	1010	27	non	non	ADJ
cjal-3204	1010	28	-	-	ADJ
cjal-3204	1010	29	judicial	judicial	ADJ
cjal-3204	1010	30	foreclosure	foreclosure	NOUN
cjal-3204	1010	31	process	process	NOUN
cjal-3204	1010	32	and	and	CCONJ
cjal-3204	1010	33	are	be	AUX
cjal-3204	1010	34	therefore	therefore	ADV
cjal-3204	1010	35	likely	likely	ADJ
cjal-3204	1010	36	targets	target	NOUN
cjal-3204	1010	37	for	for	ADP
cjal-3204	1010	38	adoption	adoption	NOUN
cjal-3204	1010	39	,	,	PUNCT
cjal-3204	1010	40	will	will	AUX
cjal-3204	1010	41	result	result	VERB
cjal-3204	1010	42	in	in	ADP
cjal-3204	1010	43	unfa	unfa	NOUN
cjal-3204	1010	44	's	's	PART
cjal-3204	1010	45	having	have	VERB
cjal-3204	1010	46	a	a	DET
cjal-3204	1010	47	significant	significant	ADJ
cjal-3204	1010	48	impact	impact	NOUN
cjal-3204	1010	49	on	on	ADP
cjal-3204	1010	50	american	american	ADJ
cjal-3204	1010	51	foreclosure	foreclosure	NOUN
cjal-3204	1010	52	law	law	NOUN
cjal-3204	1010	53	.	.	PUNCT
cjal-3204	1011	1	2001	2001	NUM
cjal-3204	1011	2	]	]	PUNCT
cjal-3204	1011	3	columbia	columbia	PROPN
cjal-3204	1011	4	journal	journal	PROPN
cjal-3204	1011	5	of	of	ADP
cjal-3204	1011	6	asian	asian	ADJ
cjal-3204	1011	7	law	law	NOUN
cjal-3204	1011	8	chinese	chinese	ADJ
cjal-3204	1011	9	law	law	PROPN
cjal-3204	1011	10	comparison	comparison	NOUN
cjal-3204	1011	11	.	.	PUNCT
cjal-3204	1012	1	under	under	ADP
cjal-3204	1012	2	chinese	chinese	ADJ
cjal-3204	1012	3	law	law	NOUN
cjal-3204	1012	4	,	,	PUNCT
cjal-3204	1012	5	if	if	SCONJ
cjal-3204	1012	6	there	there	PRON
cjal-3204	1012	7	is	be	VERB
cjal-3204	1012	8	a	a	DET
cjal-3204	1012	9	default	default	NOUN
cjal-3204	1012	10	in	in	ADP
cjal-3204	1012	11	payment	payment	NOUN
cjal-3204	1012	12	of	of	ADP
cjal-3204	1012	13	the	the	DET
cjal-3204	1012	14	mortgage	mortgage	NOUN
cjal-3204	1012	15	debt	debt	NOUN
cjal-3204	1012	16	,	,	PUNCT
cjal-3204	1012	17	the	the	DET
cjal-3204	1012	18	mortgagor	mortgagor	NOUN
cjal-3204	1012	19	and	and	CCONJ
cjal-3204	1012	20	mortgagee	mortgagee	PROPN
cjal-3204	1012	21	may	may	AUX
cjal-3204	1012	22	agree	agree	VERB
cjal-3204	1012	23	to	to	PART
cjal-3204	1012	24	sell	sell	VERB
cjal-3204	1012	25	the	the	DET
cjal-3204	1012	26	property	property	NOUN
cjal-3204	1012	27	or	or	CCONJ
cjal-3204	1012	28	otherwise	otherwise	ADV
cjal-3204	1012	29	liquidate	liquidate	VERB
cjal-3204	1012	30	it	it	PRON
cjal-3204	1012	31	,	,	PUNCT
cjal-3204	1012	32	and	and	CCONJ
cjal-3204	1012	33	to	to	PART
cjal-3204	1012	34	apply	apply	VERB
cjal-3204	1012	35	the	the	DET
cjal-3204	1012	36	proceeds	proceed	NOUN
cjal-3204	1012	37	toward	toward	ADP
cjal-3204	1012	38	the	the	DET
cjal-3204	1012	39	debt	debt	NOUN
cjal-3204	1012	40	.	.	PUNCT
cjal-3204	1013	1	140	140	NUM
cjal-3204	1013	2	the	the	DET
cjal-3204	1013	3	sale	sale	NOUN
cjal-3204	1013	4	may	may	AUX
cjal-3204	1013	5	presumably	presumably	ADV
cjal-3204	1013	6	be	be	AUX
cjal-3204	1013	7	made	make	VERB
cjal-3204	1013	8	in	in	ADP
cjal-3204	1013	9	any	any	DET
cjal-3204	1013	10	manner	manner	NOUN
cjal-3204	1013	11	to	to	PART
cjal-3204	1013	12	which	which	PRON
cjal-3204	1013	13	the	the	DET
cjal-3204	1013	14	parties	party	NOUN
cjal-3204	1013	15	agree	agree	VERB
cjal-3204	1013	16	.	.	PUNCT
cjal-3204	1014	1	however	however	ADV
cjal-3204	1014	2	,	,	PUNCT
cjal-3204	1014	3	if	if	SCONJ
cjal-3204	1014	4	no	no	DET
cjal-3204	1014	5	agreement	agreement	NOUN
cjal-3204	1014	6	is	be	AUX
cjal-3204	1014	7	reached	reach	VERB
cjal-3204	1014	8	,	,	PUNCT
cjal-3204	1014	9	at	at	ADP
cjal-3204	1014	10	present	present	ADJ
cjal-3204	1014	11	the	the	DET
cjal-3204	1014	12	sole	sole	ADJ
cjal-3204	1014	13	method	method	NOUN
cjal-3204	1014	14	of	of	ADP
cjal-3204	1014	15	foreclosing	foreclose	VERB
cjal-3204	1014	16	a	a	DET
cjal-3204	1014	17	mortgage	mortgage	NOUN
cjal-3204	1014	18	in	in	ADP
cjal-3204	1014	19	china	china	PROPN
cjal-3204	1014	20	appears	appear	VERB
cjal-3204	1014	21	to	to	PART
cjal-3204	1014	22	be	be	AUX
cjal-3204	1014	23	by	by	ADP
cjal-3204	1014	24	court	court	NOUN
cjal-3204	1014	25	-	-	PUNCT
cjal-3204	1014	26	ordered	order	VERB
cjal-3204	1014	27	auction.141	auction.141	PROPN
cjal-3204	1014	28	licensed	license	VERB
cjal-3204	1014	29	auction	auction	NOUN
cjal-3204	1014	30	specialists	specialist	NOUN
cjal-3204	1014	31	are	be	AUX
cjal-3204	1014	32	used	use	VERB
cjal-3204	1014	33	for	for	ADP
cjal-3204	1014	34	this	this	DET
cjal-3204	1014	35	purpose	purpose	NOUN
cjal-3204	1014	36	.	.	PUNCT
cjal-3204	1015	1	142	142	NUM
cjal-3204	1015	2	ordinarily	ordinarily	ADV
cjal-3204	1015	3	all	all	DET
cjal-3204	1015	4	mortgages	mortgage	NOUN
cjal-3204	1015	5	on	on	ADP
cjal-3204	1015	6	the	the	DET
cjal-3204	1015	7	same	same	ADJ
cjal-3204	1015	8	property	property	NOUN
cjal-3204	1015	9	are	be	AUX
cjal-3204	1015	10	foreclosed	foreclose	VERB
cjal-3204	1015	11	together	together	ADV
cjal-3204	1015	12	,	,	PUNCT
cjal-3204	1015	13	with	with	ADP
cjal-3204	1015	14	the	the	DET
cjal-3204	1015	15	proceeds	proceed	NOUN
cjal-3204	1015	16	distributed	distribute	VERB
cjal-3204	1015	17	to	to	ADP
cjal-3204	1015	18	the	the	DET
cjal-3204	1015	19	mortgage	mortgage	NOUN
cjal-3204	1015	20	holders	holder	NOUN
cjal-3204	1015	21	in	in	ADP
cjal-3204	1015	22	the	the	DET
cjal-3204	1015	23	order	order	NOUN
cjal-3204	1015	24	of	of	ADP
cjal-3204	1015	25	their	their	PRON
cjal-3204	1015	26	priority	priority	NOUN
cjal-3204	1015	27	.	.	PUNCT
cjal-3204	1016	1	143	143	NUM
cjal-3204	1016	2	is	be	AUX
cjal-3204	1016	3	the	the	DET
cjal-3204	1016	4	auction	auction	NOUN
cjal-3204	1016	5	an	an	DET
cjal-3204	1016	6	effective	effective	ADJ
cjal-3204	1016	7	method	method	NOUN
cjal-3204	1016	8	of	of	ADP
cjal-3204	1016	9	disposition	disposition	NOUN
cjal-3204	1016	10	of	of	ADP
cjal-3204	1016	11	real	real	ADJ
cjal-3204	1016	12	estate	estate	NOUN
cjal-3204	1016	13	in	in	ADP
cjal-3204	1016	14	china	china	PROPN
cjal-3204	1016	15	?	?	PUNCT
cjal-3204	1017	1	auctions	auction	NOUN
cjal-3204	1017	2	have	have	AUX
cjal-3204	1017	3	often	often	ADV
cjal-3204	1017	4	been	be	AUX
cjal-3204	1017	5	used	use	VERB
cjal-3204	1017	6	by	by	ADP
cjal-3204	1017	7	the	the	DET
cjal-3204	1017	8	chinese	chinese	ADJ
cjal-3204	1017	9	government	government	NOUN
cjal-3204	1017	10	to	to	PART
cjal-3204	1017	11	place	place	VERB
cjal-3204	1017	12	initial	initial	ADJ
cjal-3204	1017	13	granted	grant	VERB
cjal-3204	1017	14	land	land	NOUN
cjal-3204	1017	15	use	use	NOUN
cjal-3204	1017	16	rights	right	NOUN
cjal-3204	1017	17	to	to	ADP
cjal-3204	1017	18	large	large	ADJ
cjal-3204	1017	19	parcels	parcel	NOUN
cjal-3204	1017	20	of	of	ADP
cjal-3204	1017	21	surplus	surplus	ADJ
cjal-3204	1017	22	real	real	ADJ
cjal-3204	1017	23	estate	estate	NOUN
cjal-3204	1017	24	in	in	ADP
cjal-3204	1017	25	private	private	ADJ
cjal-3204	1017	26	hands	hand	NOUN
cjal-3204	1017	27	.	.	PUNCT
cjal-3204	1018	1	44	44	NUM
cjal-3204	1018	2	on	on	ADP
cjal-3204	1018	3	the	the	DET
cjal-3204	1018	4	other	other	ADJ
cjal-3204	1018	5	hand	hand	NOUN
cjal-3204	1018	6	,	,	PUNCT
cjal-3204	1018	7	resales	resale	NOUN
cjal-3204	1018	8	of	of	ADP
cjal-3204	1018	9	individual	individual	ADJ
cjal-3204	1018	10	parcels	parcel	NOUN
cjal-3204	1018	11	by	by	ADP
cjal-3204	1018	12	private	private	ADJ
cjal-3204	1018	13	owners	owner	NOUN
cjal-3204	1018	14	are	be	AUX
cjal-3204	1018	15	more	more	ADV
cjal-3204	1018	16	likely	likely	ADJ
cjal-3204	1018	17	to	to	PART
cjal-3204	1018	18	be	be	AUX
cjal-3204	1018	19	conducted	conduct	VERB
cjal-3204	1018	20	by	by	ADP
cjal-3204	1018	21	negotiations	negotiation	NOUN
cjal-3204	1018	22	assisted	assist	VERB
cjal-3204	1018	23	by	by	ADP
cjal-3204	1018	24	real	real	ADJ
cjal-3204	1018	25	estate	estate	NOUN
cjal-3204	1018	26	brokers	broker	NOUN
cjal-3204	1018	27	,	,	PUNCT
cjal-3204	1018	28	although	although	SCONJ
cjal-3204	1018	29	auctions	auction	NOUN
cjal-3204	1018	30	are	be	AUX
cjal-3204	1018	31	sometimes	sometimes	ADV
cjal-3204	1018	32	used	use	VERB
cjal-3204	1018	33	,	,	PUNCT
cjal-3204	1018	34	especially	especially	ADV
cjal-3204	1018	35	with	with	ADP
cjal-3204	1018	36	very	very	ADV
cjal-3204	1018	37	large	large	ADJ
cjal-3204	1018	38	and	and	CCONJ
cjal-3204	1018	39	valuable	valuable	ADJ
cjal-3204	1018	40	parcels	parcel	NOUN
cjal-3204	1018	41	.	.	PUNCT
cjal-3204	1019	1	145	145	NUM
cjal-3204	1019	2	small	small	ADJ
cjal-3204	1019	3	parcels	parcel	NOUN
cjal-3204	1019	4	or	or	CCONJ
cjal-3204	1019	5	ordinary	ordinary	ADJ
cjal-3204	1019	6	residential	residential	ADJ
cjal-3204	1019	7	units	unit	NOUN
cjal-3204	1019	8	are	be	AUX
cjal-3204	1019	9	likely	likely	ADJ
cjal-3204	1019	10	to	to	PART
cjal-3204	1019	11	be	be	AUX
cjal-3204	1019	12	resold	resold	VERB
cjal-3204	1019	13	at	at	ADP
cjal-3204	1019	14	auction	auction	NOUN
cjal-3204	1019	15	only	only	ADV
cjal-3204	1019	16	if	if	SCONJ
cjal-3204	1019	17	they	they	PRON
cjal-3204	1019	18	exist	exist	VERB
cjal-3204	1019	19	in	in	ADP
cjal-3204	1019	20	an	an	DET
cjal-3204	1019	21	140	140	NUM
cjal-3204	1019	22	.	.	PUNCT
cjal-3204	1020	1	chinese	chinese	ADJ
cjal-3204	1020	2	security	security	NOUN
cjal-3204	1020	3	law	law	NOUN
cjal-3204	1020	4	,	,	PUNCT
cjal-3204	1020	5	art	art	NOUN
cjal-3204	1020	6	.	.	PUNCT
cjal-3204	1021	1	53	53	NUM
cjal-3204	1021	2	.	.	X
cjal-3204	1021	3	141	141	NUM
cjal-3204	1021	4	.	.	PUNCT
cjal-3204	1022	1	urban	urban	ADJ
cjal-3204	1022	2	real	real	ADJ
cjal-3204	1022	3	estate	estate	NOUN
cjal-3204	1022	4	law	law	NOUN
cjal-3204	1022	5	art	art	NOUN
cjal-3204	1022	6	.	.	PUNCT
cjal-3204	1023	1	46	46	NUM
cjal-3204	1023	2	;	;	PUNCT
cjal-3204	1023	3	randolph	randolph	PROPN
cjal-3204	1023	4	&	&	CCONJ
cjal-3204	1023	5	lou	lou	PROPN
cjal-3204	1023	6	,	,	PUNCT
cjal-3204	1023	7	supra	supra	PROPN
cjal-3204	1023	8	note	note	NOUN
cjal-3204	1023	9	2	2	NUM
cjal-3204	1023	10	,	,	PUNCT
cjal-3204	1023	11	at	at	ADP
cjal-3204	1023	12	§	§	PROPN
cjal-3204	1023	13	8.14.2	8.14.2	NUM
cjal-3204	1023	14	.	.	PUNCT
cjal-3204	1024	1	the	the	DET
cjal-3204	1024	2	security	security	NOUN
cjal-3204	1024	3	law	law	NOUN
cjal-3204	1024	4	provides	provide	VERB
cjal-3204	1024	5	no	no	DET
cjal-3204	1024	6	details	detail	NOUN
cjal-3204	1024	7	of	of	ADP
cjal-3204	1024	8	the	the	DET
cjal-3204	1024	9	foreclosure	foreclosure	NOUN
cjal-3204	1024	10	procedure	procedure	NOUN
cjal-3204	1024	11	,	,	PUNCT
cjal-3204	1024	12	but	but	CCONJ
cjal-3204	1024	13	merely	merely	ADV
cjal-3204	1024	14	states	state	VERB
cjal-3204	1024	15	that	that	SCONJ
cjal-3204	1024	16	the	the	DET
cjal-3204	1024	17	mortgagee	mortgagee	NOUN
cjal-3204	1024	18	may	may	AUX
cjal-3204	1024	19	bring	bring	VERB
cjal-3204	1024	20	an	an	DET
cjal-3204	1024	21	action	action	NOUN
cjal-3204	1024	22	in	in	ADP
cjal-3204	1024	23	a	a	DET
cjal-3204	1024	24	people	people	NOUN
cjal-3204	1024	25	's	's	PART
cjal-3204	1024	26	court	court	NOUN
cjal-3204	1024	27	;	;	PUNCT
cjal-3204	1024	28	chinese	chinese	ADJ
cjal-3204	1024	29	security	security	NOUN
cjal-3204	1024	30	law	law	NOUN
cjal-3204	1024	31	,	,	PUNCT
cjal-3204	1024	32	art	art	NOUN
cjal-3204	1024	33	.	.	PUNCT
cjal-3204	1025	1	53	53	NUM
cjal-3204	1025	2	.	.	NUM
cjal-3204	1025	3	142	142	NUM
cjal-3204	1025	4	.	.	PUNCT
cjal-3204	1026	1	chinese	chinese	ADJ
cjal-3204	1026	2	auction	auction	NOUN
cjal-3204	1026	3	law	law	NOUN
cjal-3204	1026	4	,	,	PUNCT
cjal-3204	1026	5	art.9	art.9	PROPN
cjal-3204	1026	6	.	.	PUNCT
cjal-3204	1027	1	143	143	NUM
cjal-3204	1027	2	.	.	PUNCT
cjal-3204	1028	1	randolph	randolph	PROPN
cjal-3204	1028	2	&	&	CCONJ
cjal-3204	1028	3	lou	lou	PROPN
cjal-3204	1028	4	,	,	PUNCT
cjal-3204	1028	5	supra	supra	PROPN
cjal-3204	1028	6	note	note	NOUN
cjal-3204	1028	7	2	2	NUM
cjal-3204	1028	8	,	,	PUNCT
cjal-3204	1028	9	at	at	ADP
cjal-3204	1028	10	8.14.3	8.14.3	NUM
cjal-3204	1028	11	.	.	PUNCT
cjal-3204	1029	1	the	the	DET
cjal-3204	1029	2	2000	2000	NUM
cjal-3204	1029	3	interpretations	interpretation	NOUN
cjal-3204	1029	4	of	of	ADP
cjal-3204	1029	5	the	the	DET
cjal-3204	1029	6	supreme	supreme	PROPN
cjal-3204	1029	7	people	people	PROPN
cjal-3204	1029	8	's	's	PART
cjal-3204	1029	9	court	court	NOUN
cjal-3204	1029	10	suggest	suggest	VERB
cjal-3204	1029	11	that	that	SCONJ
cjal-3204	1029	12	a	a	DET
cjal-3204	1029	13	form	form	NOUN
cjal-3204	1029	14	of	of	ADP
cjal-3204	1029	15	"	"	PUNCT
cjal-3204	1029	16	deed	deed	NOUN
cjal-3204	1029	17	in	in	ADP
cjal-3204	1029	18	lieu	lieu	NOUN
cjal-3204	1029	19	of	of	ADP
cjal-3204	1029	20	foreclosure	foreclosure	NOUN
cjal-3204	1029	21	"	"	PUNCT
cjal-3204	1029	22	(	(	PUNCT
cjal-3204	1029	23	to	to	PART
cjal-3204	1029	24	use	use	VERB
cjal-3204	1029	25	american	american	ADJ
cjal-3204	1029	26	terminology	terminology	NOUN
cjal-3204	1029	27	)	)	PUNCT
cjal-3204	1029	28	,	,	PUNCT
cjal-3204	1029	29	in	in	ADP
cjal-3204	1029	30	which	which	PRON
cjal-3204	1029	31	the	the	DET
cjal-3204	1029	32	foreclosed	foreclose	VERB
cjal-3204	1029	33	property	property	NOUN
cjal-3204	1029	34	is	be	AUX
cjal-3204	1029	35	transferred	transfer	VERB
cjal-3204	1029	36	to	to	ADP
cjal-3204	1029	37	the	the	DET
cjal-3204	1029	38	mortgagee	mortgagee	NOUN
cjal-3204	1029	39	rather	rather	ADV
cjal-3204	1029	40	than	than	ADP
cjal-3204	1029	41	being	be	AUX
cjal-3204	1029	42	auctioned	auction	VERB
cjal-3204	1029	43	,	,	PUNCT
cjal-3204	1029	44	is	be	AUX
cjal-3204	1029	45	possible	possible	ADJ
cjal-3204	1029	46	.	.	PUNCT
cjal-3204	1030	1	see	see	VERB
cjal-3204	1030	2	2000	2000	NUM
cjal-3204	1030	3	interpretations	interpretation	NOUN
cjal-3204	1030	4	,	,	PUNCT
cjal-3204	1030	5	art	art	NOUN
cjal-3204	1030	6	.	.	PUNCT
cjal-3204	1031	1	57	57	NUM
cjal-3204	1031	2	:	:	PUNCT
cjal-3204	1031	3	"	"	PUNCT
cjal-3204	1031	4	if	if	SCONJ
cjal-3204	1031	5	the	the	DET
cjal-3204	1031	6	parties	party	NOUN
cjal-3204	1031	7	to	to	ADP
cjal-3204	1031	8	a	a	DET
cjal-3204	1031	9	mortgage	mortgage	NOUN
cjal-3204	1031	10	contract	contract	NOUN
cjal-3204	1031	11	stipulate	stipulate	NOUN
cjal-3204	1031	12	therein	therein	ADV
cjal-3204	1031	13	that	that	SCONJ
cjal-3204	1031	14	the	the	DET
cjal-3204	1031	15	ownership	ownership	NOUN
cjal-3204	1031	16	of	of	ADP
cjal-3204	1031	17	the	the	DET
cjal-3204	1031	18	mortgaged	mortgaged	ADJ
cjal-3204	1031	19	property	property	NOUN
cjal-3204	1031	20	will	will	AUX
cjal-3204	1031	21	pass	pass	VERB
cjal-3204	1031	22	to	to	ADP
cjal-3204	1031	23	the	the	DET
cjal-3204	1031	24	creditor	creditor	NOUN
cjal-3204	1031	25	if	if	SCONJ
cjal-3204	1031	26	the	the	DET
cjal-3204	1031	27	mortgagee	mortgagee	NOUN
cjal-3204	1031	28	has	have	AUX
cjal-3204	1031	29	not	not	PART
cjal-3204	1031	30	received	receive	VERB
cjal-3204	1031	31	fulfillment	fulfillment	NOUN
cjal-3204	1031	32	of	of	ADP
cjal-3204	1031	33	the	the	DET
cjal-3204	1031	34	obligation	obligation	NOUN
cjal-3204	1031	35	at	at	ADP
cjal-3204	1031	36	the	the	DET
cjal-3204	1031	37	expiration	expiration	NOUN
cjal-3204	1031	38	of	of	ADP
cjal-3204	1031	39	the	the	DET
cjal-3204	1031	40	term	term	NOUN
cjal-3204	1031	41	for	for	ADP
cjal-3204	1031	42	the	the	DET
cjal-3204	1031	43	performance	performance	NOUN
cjal-3204	1031	44	of	of	ADP
cjal-3204	1031	45	such	such	ADJ
cjal-3204	1031	46	obligation	obligation	NOUN
cjal-3204	1031	47	,	,	PUNCT
cjal-3204	1031	48	such	such	ADJ
cjal-3204	1031	49	stipulation	stipulation	NOUN
cjal-3204	1031	50	is	be	AUX
cjal-3204	1031	51	void	void	ADJ
cjal-3204	1031	52	.	.	PUNCT
cjal-3204	1032	1	*	*	PUNCT
cjal-3204	1033	1	*	*	PUNCT
cjal-3204	1033	2	*	*	PUNCT
cjal-3204	1033	3	if	if	SCONJ
cjal-3204	1033	4	the	the	DET
cjal-3204	1033	5	mortgagee	mortgagee	NOUN
cjal-3204	1033	6	has	have	AUX
cjal-3204	1033	7	not	not	PART
cjal-3204	1033	8	received	receive	VERB
cjal-3204	1033	9	fulfillment	fulfillment	NOUN
cjal-3204	1033	10	of	of	ADP
cjal-3204	1033	11	the	the	DET
cjal-3204	1033	12	obligation	obligation	NOUN
cjal-3204	1033	13	at	at	ADP
cjal-3204	1033	14	the	the	DET
cjal-3204	1033	15	expiration	expiration	NOUN
cjal-3204	1033	16	of	of	ADP
cjal-3204	1033	17	the	the	DET
cjal-3204	1033	18	term	term	NOUN
cjal-3204	1033	19	for	for	ADP
cjal-3204	1033	20	performance	performance	NOUN
cjal-3204	1033	21	of	of	ADP
cjal-3204	1033	22	such	such	ADJ
cjal-3204	1033	23	obligation	obligation	NOUN
cjal-3204	1033	24	,	,	PUNCT
cjal-3204	1033	25	the	the	DET
cjal-3204	1033	26	mortgagee	mortgagee	NOUN
cjal-3204	1033	27	and	and	CCONJ
cjal-3204	1033	28	mortgagor	mortgagor	NOUN
cjal-3204	1033	29	may	may	AUX
cjal-3204	1033	30	agree	agree	VERB
cjal-3204	1033	31	that	that	SCONJ
cjal-3204	1033	32	the	the	DET
cjal-3204	1033	33	mortgagee	mortgagee	NOUN
cjal-3204	1033	34	obtain	obtain	VERB
cjal-3204	1033	35	the	the	DET
cjal-3204	1033	36	mortgaged	mortgaged	ADJ
cjal-3204	1033	37	property	property	NOUN
cjal-3204	1033	38	subsequent	subsequent	ADJ
cjal-3204	1033	39	to	to	ADP
cjal-3204	1033	40	its	its	PRON
cjal-3204	1033	41	evaluation	evaluation	NOUN
cjal-3204	1033	42	in	in	ADP
cjal-3204	1033	43	terms	term	NOUN
cjal-3204	1033	44	of	of	ADP
cjal-3204	1033	45	money	money	NOUN
cjal-3204	1033	46	.	.	PUNCT
cjal-3204	1033	47	"	"	PUNCT
cjal-3204	1034	1	thus	thus	ADV
cjal-3204	1034	2	,	,	PUNCT
cjal-3204	1034	3	the	the	DET
cjal-3204	1034	4	agreement	agreement	NOUN
cjal-3204	1034	5	to	to	PART
cjal-3204	1034	6	give	give	VERB
cjal-3204	1034	7	a	a	DET
cjal-3204	1034	8	"	"	PUNCT
cjal-3204	1034	9	deed	deed	NOUN
cjal-3204	1034	10	in	in	ADP
cjal-3204	1034	11	lieu	lieu	NOUN
cjal-3204	1034	12	of	of	ADP
cjal-3204	1034	13	foreclosure	foreclosure	NOUN
cjal-3204	1034	14	"	"	PUNCT
cjal-3204	1034	15	must	must	AUX
cjal-3204	1034	16	be	be	AUX
cjal-3204	1034	17	not	not	PART
cjal-3204	1034	18	only	only	ADV
cjal-3204	1034	19	subsequent	subsequent	ADJ
cjal-3204	1034	20	to	to	ADP
cjal-3204	1034	21	the	the	DET
cjal-3204	1034	22	original	original	ADJ
cjal-3204	1034	23	mortgage	mortgage	NOUN
cjal-3204	1034	24	(	(	PUNCT
cjal-3204	1034	25	just	just	ADV
cjal-3204	1034	26	as	as	ADP
cjal-3204	1034	27	in	in	ADP
cjal-3204	1034	28	american	american	ADJ
cjal-3204	1034	29	practice	practice	NOUN
cjal-3204	1034	30	,	,	PUNCT
cjal-3204	1034	31	so	so	SCONJ
cjal-3204	1034	32	as	as	SCONJ
cjal-3204	1034	33	to	to	PART
cjal-3204	1034	34	avoid	avoid	VERB
cjal-3204	1034	35	the	the	DET
cjal-3204	1034	36	deed	deed	NOUN
cjal-3204	1034	37	being	be	AUX
cjal-3204	1034	38	struck	strike	VERB
cjal-3204	1034	39	down	down	ADP
cjal-3204	1034	40	as	as	ADP
cjal-3204	1034	41	a	a	DET
cjal-3204	1034	42	"	"	PUNCT
cjal-3204	1034	43	clog	clog	NOUN
cjal-3204	1034	44	on	on	ADP
cjal-3204	1034	45	the	the	DET
cjal-3204	1034	46	equity	equity	NOUN
cjal-3204	1034	47	of	of	ADP
cjal-3204	1034	48	redemption	redemption	NOUN
cjal-3204	1034	49	"	"	PUNCT
cjal-3204	1034	50	)	)	PUNCT
cjal-3204	1034	51	,	,	PUNCT
cjal-3204	1034	52	but	but	CCONJ
cjal-3204	1034	53	also	also	ADV
cjal-3204	1034	54	subsequent	subsequent	ADJ
cjal-3204	1034	55	to	to	ADP
cjal-3204	1034	56	a	a	DET
cjal-3204	1034	57	court	court	NOUN
cjal-3204	1034	58	's	's	PART
cjal-3204	1034	59	evaluation	evaluation	NOUN
cjal-3204	1034	60	of	of	ADP
cjal-3204	1034	61	the	the	DET
cjal-3204	1034	62	property	property	NOUN
cjal-3204	1034	63	(	(	PUNCT
cjal-3204	1034	64	a	a	DET
cjal-3204	1034	65	protection	protection	NOUN
cjal-3204	1034	66	for	for	ADP
cjal-3204	1034	67	borrowers	borrower	NOUN
cjal-3204	1034	68	than	than	SCONJ
cjal-3204	1034	69	american	american	ADJ
cjal-3204	1034	70	practice	practice	NOUN
cjal-3204	1034	71	does	do	AUX
cjal-3204	1034	72	not	not	PART
cjal-3204	1034	73	offer	offer	VERB
cjal-3204	1034	74	,	,	PUNCT
cjal-3204	1034	75	and	and	CCONJ
cjal-3204	1034	76	which	which	PRON
cjal-3204	1034	77	may	may	AUX
cjal-3204	1034	78	well	well	ADV
cjal-3204	1034	79	be	be	AUX
cjal-3204	1034	80	useful	useful	ADJ
cjal-3204	1034	81	in	in	ADP
cjal-3204	1034	82	helping	help	VERB
cjal-3204	1034	83	a	a	DET
cjal-3204	1034	84	borrower	borrower	NOUN
cjal-3204	1034	85	avoid	avoid	VERB
cjal-3204	1034	86	giving	give	VERB
cjal-3204	1034	87	up	up	ADP
cjal-3204	1034	88	more	more	ADJ
cjal-3204	1034	89	value	value	NOUN
cjal-3204	1034	90	than	than	ADP
cjal-3204	1034	91	necessary	necessary	ADJ
cjal-3204	1034	92	to	to	PART
cjal-3204	1034	93	cover	cover	VERB
cjal-3204	1034	94	the	the	DET
cjal-3204	1034	95	balance	balance	NOUN
cjal-3204	1034	96	owing	owe	VERB
cjal-3204	1034	97	on	on	ADP
cjal-3204	1034	98	the	the	DET
cjal-3204	1034	99	debt	debt	NOUN
cjal-3204	1034	100	)	)	PUNCT
cjal-3204	1034	101	.	.	PUNCT
cjal-3204	1035	1	144	144	NUM
cjal-3204	1035	2	.	.	PUNCT
cjal-3204	1035	3	see	see	VERB
cjal-3204	1035	4	e.g.	e.g.	ADV
cjal-3204	1035	5	,	,	PUNCT
cjal-3204	1035	6	real	real	ADJ
cjal-3204	1035	7	estate	estate	NOUN
cjal-3204	1035	8	:	:	PUNCT
cjal-3204	1035	9	beiing	beie	VERB
cjal-3204	1035	10	to	to	PART
cjal-3204	1035	11	auction	auction	VERB
cjal-3204	1035	12	land	land	NOUN
cjal-3204	1035	13	-	-	PUNCT
cjal-3204	1035	14	use	use	NOUN
cjal-3204	1035	15	rights	right	NOUN
cjal-3204	1035	16	,	,	PUNCT
cjal-3204	1035	17	xinhua	xinhua	PROPN
cjal-3204	1035	18	news	news	PROPN
cjal-3204	1035	19	agency	agency	PROPN
cjal-3204	1035	20	,	,	PUNCT
cjal-3204	1035	21	jan	jan	PROPN
cjal-3204	1035	22	.	.	PROPN
cjal-3204	1035	23	24	24	NUM
cjal-3204	1035	24	,	,	PUNCT
cjal-3204	1035	25	2000	2000	NUM
cjal-3204	1035	26	,	,	PUNCT
cjal-3204	1035	27	available	available	ADJ
cjal-3204	1035	28	at	at	ADP
cjal-3204	1035	29	2000	2000	NUM
cjal-3204	1035	30	wl	wl	NOUN
cjal-3204	1035	31	4105146	4105146	NUM
cjal-3204	1035	32	(	(	PUNCT
cjal-3204	1035	33	government	government	NOUN
cjal-3204	1035	34	auction	auction	NOUN
cjal-3204	1035	35	of	of	ADP
cjal-3204	1035	36	200,000	200,000	NUM
cjal-3204	1035	37	square	square	ADJ
cjal-3204	1035	38	meters	meter	NOUN
cjal-3204	1035	39	of	of	ADP
cjal-3204	1035	40	land	land	NOUN
cjal-3204	1035	41	,	,	PUNCT
cjal-3204	1035	42	vacated	vacate	VERB
cjal-3204	1035	43	by	by	ADP
cjal-3204	1035	44	five	five	NUM
cjal-3204	1035	45	factories	factory	NOUN
cjal-3204	1035	46	,	,	PUNCT
cjal-3204	1035	47	for	for	ADP
cjal-3204	1035	48	residential	residential	ADJ
cjal-3204	1035	49	development	development	NOUN
cjal-3204	1035	50	)	)	PUNCT
cjal-3204	1035	51	;	;	PUNCT
cjal-3204	1035	52	randolph	randolph	PROPN
cjal-3204	1035	53	&	&	CCONJ
cjal-3204	1035	54	lou	lou	PROPN
cjal-3204	1035	55	,	,	PUNCT
cjal-3204	1035	56	supra	supra	PROPN
cjal-3204	1035	57	note	note	NOUN
cjal-3204	1035	58	2	2	NUM
cjal-3204	1035	59	,	,	PUNCT
cjal-3204	1035	60	at	at	ADP
cjal-3204	1035	61	148	148	NUM
cjal-3204	1035	62	-	-	SYM
cjal-3204	1035	63	150	150	NUM
cjal-3204	1035	64	.	.	PUNCT
cjal-3204	1036	1	land	land	NOUN
cjal-3204	1036	2	auctions	auction	NOUN
cjal-3204	1036	3	have	have	AUX
cjal-3204	1036	4	also	also	ADV
cjal-3204	1036	5	been	be	AUX
cjal-3204	1036	6	widely	widely	ADV
cjal-3204	1036	7	used	use	VERB
cjal-3204	1036	8	in	in	ADP
cjal-3204	1036	9	hong	hong	PROPN
cjal-3204	1036	10	kong	kong	PROPN
cjal-3204	1036	11	to	to	PART
cjal-3204	1036	12	place	place	VERB
cjal-3204	1036	13	large	large	ADJ
cjal-3204	1036	14	tracts	tract	NOUN
cjal-3204	1036	15	of	of	ADP
cjal-3204	1036	16	government	government	NOUN
cjal-3204	1036	17	-	-	PUNCT
cjal-3204	1036	18	owned	own	VERB
cjal-3204	1036	19	land	land	NOUN
cjal-3204	1036	20	in	in	ADP
cjal-3204	1036	21	the	the	DET
cjal-3204	1036	22	hands	hand	NOUN
cjal-3204	1036	23	of	of	ADP
cjal-3204	1036	24	private	private	ADJ
cjal-3204	1036	25	developers	developer	NOUN
cjal-3204	1036	26	;	;	PUNCT
cjal-3204	1036	27	see	see	VERB
cjal-3204	1036	28	stephen	stephen	PROPN
cjal-3204	1036	29	ching	ching	PROPN
cjal-3204	1036	30	,	,	PUNCT
cjal-3204	1036	31	examining	examine	VERB
cjal-3204	1036	32	competition	competition	NOUN
cjal-3204	1036	33	in	in	ADP
cjal-3204	1036	34	land	land	NOUN
cjal-3204	1036	35	market	market	NOUN
cjal-3204	1036	36	:	:	PUNCT
cjal-3204	1036	37	an	an	DET
cjal-3204	1036	38	application	application	NOUN
cjal-3204	1036	39	of	of	ADP
cjal-3204	1036	40	event	event	NOUN
cjal-3204	1036	41	study	study	NOUN
cjal-3204	1036	42	to	to	ADP
cjal-3204	1036	43	land	land	NOUN
cjal-3204	1036	44	auctions	auction	NOUN
cjal-3204	1036	45	in	in	ADP
cjal-3204	1036	46	hong	hong	PROPN
cjal-3204	1036	47	kong	kong	PROPN
cjal-3204	1036	48	,	,	PUNCT
cjal-3204	1036	49	6	6	NUM
cjal-3204	1036	50	-	-	SYM
cjal-3204	1036	51	7	7	NUM
cjal-3204	1036	52	(	(	PUNCT
cjal-3204	1036	53	research	research	NOUN
cjal-3204	1036	54	working	working	NOUN
cjal-3204	1036	55	paper	paper	NOUN
cjal-3204	1036	56	,	,	PUNCT
cjal-3204	1036	57	university	university	PROPN
cjal-3204	1036	58	of	of	ADP
cjal-3204	1036	59	wisconsin	wisconsin	PROPN
cjal-3204	1036	60	center	center	PROPN
cjal-3204	1036	61	for	for	ADP
cjal-3204	1036	62	urban	urban	ADJ
cjal-3204	1036	63	land	land	NOUN
cjal-3204	1036	64	economics	economic	NOUN
cjal-3204	1036	65	,	,	PUNCT
cjal-3204	1036	66	feb	feb	PROPN
cjal-3204	1036	67	.	.	PROPN
cjal-3204	1036	68	2001	2001	NUM
cjal-3204	1036	69	)	)	PUNCT
cjal-3204	1036	70	.	.	PUNCT
cjal-3204	1037	1	145	145	NUM
cjal-3204	1037	2	.	.	X
cjal-3204	1038	1	e	e	X
cjal-3204	1038	2	-	-	NOUN
cjal-3204	1038	3	mail	mail	NOUN
cjal-3204	1038	4	message	message	NOUN
cjal-3204	1038	5	from	from	ADP
cjal-3204	1038	6	professor	professor	NOUN
cjal-3204	1038	7	lou	lou	PROPN
cjal-3204	1038	8	jianbo	jianbo	PROPN
cjal-3204	1038	9	to	to	ADP
cjal-3204	1038	10	the	the	DET
cjal-3204	1038	11	author	author	NOUN
cjal-3204	1038	12	,	,	PUNCT
cjal-3204	1038	13	july	july	PROPN
cjal-3204	1038	14	24	24	NUM
cjal-3204	1038	15	,	,	PUNCT
cjal-3204	1038	16	2001	2001	NUM
cjal-3204	1038	17	.	.	PUNCT
cjal-3204	1039	1	[	[	X
cjal-3204	1039	2	15:1	15:1	NUM
cjal-3204	1039	3	chinese	chinese	ADJ
cjal-3204	1039	4	mortgage	mortgage	NOUN
cjal-3204	1039	5	law	law	NOUN
cjal-3204	1039	6	overheated	overheat	VERB
cjal-3204	1039	7	market	market	NOUN
cjal-3204	1039	8	characterized	characterize	VERB
cjal-3204	1039	9	by	by	ADP
cjal-3204	1039	10	extremely	extremely	ADV
cjal-3204	1039	11	strong	strong	ADJ
cjal-3204	1039	12	demand	demand	NOUN
cjal-3204	1039	13	,	,	PUNCT
cjal-3204	1039	14	146	146	NUM
cjal-3204	1039	15	much	much	ADJ
cjal-3204	1039	16	as	as	SCONJ
cjal-3204	1039	17	has	have	AUX
cjal-3204	1039	18	sometimes	sometimes	ADV
cjal-3204	1039	19	occurred	occur	VERB
cjal-3204	1039	20	in	in	ADP
cjal-3204	1039	21	the	the	DET
cjal-3204	1039	22	united	united	PROPN
cjal-3204	1039	23	states	states	PROPN
cjal-3204	1039	24	in	in	ADP
cjal-3204	1039	25	similar	similar	ADJ
cjal-3204	1039	26	circumstances.147	circumstances.147	NOUN
cjal-3204	1039	27	if	if	SCONJ
cjal-3204	1039	28	auction	auction	NOUN
cjal-3204	1039	29	resales	resale	NOUN
cjal-3204	1039	30	of	of	ADP
cjal-3204	1039	31	land	land	NOUN
cjal-3204	1039	32	use	use	NOUN
cjal-3204	1039	33	rights	right	NOUN
cjal-3204	1039	34	become	become	VERB
cjal-3204	1039	35	a	a	DET
cjal-3204	1039	36	widespread	widespread	ADJ
cjal-3204	1039	37	and	and	CCONJ
cjal-3204	1039	38	customary	customary	ADJ
cjal-3204	1039	39	method	method	NOUN
cjal-3204	1039	40	of	of	ADP
cjal-3204	1039	41	marketing	market	VERB
cjal-3204	1039	42	individual	individual	ADJ
cjal-3204	1039	43	parcels	parcel	NOUN
cjal-3204	1039	44	and	and	CCONJ
cjal-3204	1039	45	dwelling	dwelling	ADJ
cjal-3204	1039	46	units	unit	NOUN
cjal-3204	1039	47	in	in	ADP
cjal-3204	1039	48	china	china	PROPN
cjal-3204	1039	49	,	,	PUNCT
cjal-3204	1039	50	then	then	ADV
cjal-3204	1039	51	there	there	PRON
cjal-3204	1039	52	is	be	VERB
cjal-3204	1039	53	certainly	certainly	ADV
cjal-3204	1039	54	no	no	DET
cjal-3204	1039	55	objection	objection	NOUN
cjal-3204	1039	56	to	to	ADP
cjal-3204	1039	57	the	the	DET
cjal-3204	1039	58	use	use	NOUN
cjal-3204	1039	59	of	of	ADP
cjal-3204	1039	60	the	the	DET
cjal-3204	1039	61	auction	auction	NOUN
cjal-3204	1039	62	as	as	ADP
cjal-3204	1039	63	a	a	DET
cjal-3204	1039	64	foreclosure	foreclosure	NOUN
cjal-3204	1039	65	device	device	NOUN
cjal-3204	1039	66	.	.	PUNCT
cjal-3204	1040	1	however	however	ADV
cjal-3204	1040	2	,	,	PUNCT
cjal-3204	1040	3	if	if	SCONJ
cjal-3204	1040	4	negotiated	negotiate	VERB
cjal-3204	1040	5	sales	sale	NOUN
cjal-3204	1040	6	of	of	ADP
cjal-3204	1040	7	real	real	ADJ
cjal-3204	1040	8	estate	estate	NOUN
cjal-3204	1040	9	are	be	AUX
cjal-3204	1040	10	more	more	ADV
cjal-3204	1040	11	commonly	commonly	ADV
cjal-3204	1040	12	used	use	VERB
cjal-3204	1040	13	in	in	ADP
cjal-3204	1040	14	ordinary	ordinary	ADJ
cjal-3204	1040	15	sale	sale	NOUN
cjal-3204	1040	16	transactions	transaction	NOUN
cjal-3204	1040	17	,	,	PUNCT
cjal-3204	1040	18	as	as	SCONJ
cjal-3204	1040	19	currently	currently	ADV
cjal-3204	1040	20	appears	appear	VERB
cjal-3204	1040	21	to	to	PART
cjal-3204	1040	22	be	be	AUX
cjal-3204	1040	23	true	true	ADJ
cjal-3204	1040	24	,	,	PUNCT
cjal-3204	1040	25	it	it	PRON
cjal-3204	1040	26	would	would	AUX
cjal-3204	1040	27	be	be	AUX
cjal-3204	1040	28	desirable	desirable	ADJ
cjal-3204	1040	29	to	to	PART
cjal-3204	1040	30	amend	amend	VERB
cjal-3204	1040	31	the	the	DET
cjal-3204	1040	32	existing	exist	VERB
cjal-3204	1040	33	law	law	NOUN
cjal-3204	1040	34	to	to	PART
cjal-3204	1040	35	permit	permit	VERB
cjal-3204	1040	36	courtordered	courtordere	VERB
cjal-3204	1040	37	negotiated	negotiate	VERB
cjal-3204	1040	38	sales	sale	NOUN
cjal-3204	1040	39	in	in	ADP
cjal-3204	1040	40	foreclosure	foreclosure	NOUN
cjal-3204	1040	41	as	as	ADV
cjal-3204	1040	42	well	well	ADV
cjal-3204	1040	43	,	,	PUNCT
cjal-3204	1040	44	or	or	CCONJ
cjal-3204	1040	45	even	even	ADV
cjal-3204	1040	46	to	to	PART
cjal-3204	1040	47	adopt	adopt	VERB
cjal-3204	1040	48	a	a	DET
cjal-3204	1040	49	nonjudicial	nonjudicial	ADJ
cjal-3204	1040	50	procedure	procedure	NOUN
cjal-3204	1040	51	for	for	ADP
cjal-3204	1040	52	negotiated	negotiate	VERB
cjal-3204	1040	53	sales	sale	NOUN
cjal-3204	1040	54	as	as	SCONJ
cjal-3204	1040	55	is	be	AUX
cjal-3204	1040	56	done	do	VERB
cjal-3204	1040	57	in	in	ADP
cjal-3204	1040	58	england	england	PROPN
cjal-3204	1040	59	48	48	NUM
cjal-3204	1040	60	and	and	CCONJ
cjal-3204	1040	61	would	would	AUX
cjal-3204	1040	62	be	be	AUX
cjal-3204	1040	63	permitted	permit	VERB
cjal-3204	1040	64	by	by	ADP
cjal-3204	1040	65	the	the	DET
cjal-3204	1040	66	uniform	uniform	ADJ
cjal-3204	1040	67	nonjudicial	nonjudicial	ADJ
cjal-3204	1040	68	foreclosure	foreclosure	NOUN
cjal-3204	1040	69	act'49	act'49	ADV
cjal-3204	1040	70	in	in	ADP
cjal-3204	1040	71	the	the	DET
cjal-3204	1040	72	united	united	PROPN
cjal-3204	1040	73	states	states	PROPN
cjal-3204	1040	74	.	.	PUNCT
cjal-3204	1041	1	if	if	SCONJ
cjal-3204	1041	2	there	there	PRON
cjal-3204	1041	3	is	be	VERB
cjal-3204	1041	4	concern	concern	NOUN
cjal-3204	1041	5	that	that	SCONJ
cjal-3204	1041	6	giving	give	VERB
cjal-3204	1041	7	lenders	lender	NOUN
cjal-3204	1041	8	an	an	DET
cjal-3204	1041	9	unfettered	unfettered	ADJ
cjal-3204	1041	10	right	right	NOUN
cjal-3204	1041	11	to	to	PART
cjal-3204	1041	12	sell	sell	VERB
cjal-3204	1041	13	the	the	DET
cjal-3204	1041	14	property	property	NOUN
cjal-3204	1041	15	would	would	AUX
cjal-3204	1041	16	be	be	AUX
cjal-3204	1041	17	too	too	ADV
cjal-3204	1041	18	broad	broad	ADJ
cjal-3204	1041	19	a	a	DET
cjal-3204	1041	20	right	right	NOUN
cjal-3204	1041	21	,	,	PUNCT
cjal-3204	1041	22	and	and	CCONJ
cjal-3204	1041	23	too	too	ADV
cjal-3204	1041	24	subject	subject	ADJ
cjal-3204	1041	25	to	to	ADP
cjal-3204	1041	26	abuse	abuse	NOUN
cjal-3204	1041	27	,	,	PUNCT
cjal-3204	1041	28	the	the	DET
cjal-3204	1041	29	concepts	concept	NOUN
cjal-3204	1041	30	of	of	ADP
cjal-3204	1041	31	the	the	DET
cjal-3204	1041	32	unfa	unfa	NOUN
cjal-3204	1041	33	described	describe	VERB
cjal-3204	1041	34	above	above	ADV
cjal-3204	1041	35	might	might	AUX
cjal-3204	1041	36	be	be	AUX
cjal-3204	1041	37	considered	consider	VERB
cjal-3204	1041	38	as	as	ADP
cjal-3204	1041	39	a	a	DET
cjal-3204	1041	40	means	means	NOUN
cjal-3204	1041	41	of	of	ADP
cjal-3204	1041	42	constraining	constrain	VERB
cjal-3204	1041	43	the	the	DET
cjal-3204	1041	44	power	power	NOUN
cjal-3204	1041	45	of	of	ADP
cjal-3204	1041	46	lenders	lender	NOUN
cjal-3204	1041	47	while	while	SCONJ
cjal-3204	1041	48	still	still	ADV
cjal-3204	1041	49	allowing	allow	VERB
cjal-3204	1041	50	them	they	PRON
cjal-3204	1041	51	to	to	PART
cjal-3204	1041	52	use	use	VERB
cjal-3204	1041	53	standard	standard	ADJ
cjal-3204	1041	54	market	market	NOUN
cjal-3204	1041	55	mechanisms	mechanism	NOUN
cjal-3204	1041	56	for	for	ADP
cjal-3204	1041	57	disposing	dispose	VERB
cjal-3204	1041	58	of	of	ADP
cjal-3204	1041	59	property	property	NOUN
cjal-3204	1041	60	.	.	PUNCT
cjal-3204	1042	1	the	the	DET
cjal-3204	1042	2	overriding	override	VERB
cjal-3204	1042	3	objective	objective	NOUN
cjal-3204	1042	4	should	should	AUX
cjal-3204	1042	5	be	be	AUX
cjal-3204	1042	6	for	for	ADP
cjal-3204	1042	7	foreclosed	foreclose	VERB
cjal-3204	1042	8	properties	property	NOUN
cjal-3204	1042	9	to	to	PART
cjal-3204	1042	10	bring	bring	VERB
cjal-3204	1042	11	prices	price	NOUN
cjal-3204	1042	12	comparable	comparable	ADJ
cjal-3204	1042	13	to	to	ADP
cjal-3204	1042	14	those	those	PRON
cjal-3204	1042	15	that	that	PRON
cjal-3204	1042	16	would	would	AUX
cjal-3204	1042	17	be	be	AUX
cjal-3204	1042	18	derived	derive	VERB
cjal-3204	1042	19	from	from	ADP
cjal-3204	1042	20	non	non	ADJ
cjal-3204	1042	21	-	-	ADJ
cjal-3204	1042	22	distress	distress	ADJ
cjal-3204	1042	23	market	market	NOUN
cjal-3204	1042	24	sales	sale	NOUN
cjal-3204	1042	25	.	.	PUNCT
cjal-3204	1043	1	v.	v.	ADP
cjal-3204	1043	2	conclusion	conclusion	NOUN
cjal-3204	1043	3	the	the	DET
cjal-3204	1043	4	experience	experience	NOUN
cjal-3204	1043	5	of	of	ADP
cjal-3204	1043	6	the	the	DET
cjal-3204	1043	7	united	united	PROPN
cjal-3204	1043	8	states	states	PROPN
cjal-3204	1043	9	,	,	PUNCT
cjal-3204	1043	10	and	and	CCONJ
cjal-3204	1043	11	increasingly	increasingly	ADV
cjal-3204	1043	12	the	the	DET
cjal-3204	1043	13	experience	experience	NOUN
cjal-3204	1043	14	of	of	ADP
cjal-3204	1043	15	other	other	ADJ
cjal-3204	1043	16	developed	develop	VERB
cjal-3204	1043	17	nations	nation	NOUN
cjal-3204	1043	18	,	,	PUNCT
cjal-3204	1043	19	has	have	AUX
cjal-3204	1043	20	shown	show	VERB
cjal-3204	1043	21	that	that	SCONJ
cjal-3204	1043	22	an	an	DET
cjal-3204	1043	23	efficient	efficient	ADJ
cjal-3204	1043	24	private	private	ADJ
cjal-3204	1043	25	market	market	NOUN
cjal-3204	1043	26	in	in	ADP
cjal-3204	1043	27	mortgage	mortgage	NOUN
cjal-3204	1043	28	finance	finance	NOUN
cjal-3204	1043	29	can	can	AUX
cjal-3204	1043	30	provide	provide	VERB
cjal-3204	1043	31	enormous	enormous	ADJ
cjal-3204	1043	32	benefits	benefit	NOUN
cjal-3204	1043	33	to	to	ADP
cjal-3204	1043	34	a	a	DET
cjal-3204	1043	35	country	country	NOUN
cjal-3204	1043	36	's	's	PART
cjal-3204	1043	37	citizens	citizen	NOUN
cjal-3204	1043	38	.	.	PUNCT
cjal-3204	1044	1	such	such	DET
cjal-3204	1044	2	a	a	DET
cjal-3204	1044	3	market	market	NOUN
cjal-3204	1044	4	can	can	AUX
cjal-3204	1044	5	minimize	minimize	VERB
cjal-3204	1044	6	the	the	DET
cjal-3204	1044	7	costs	cost	NOUN
cjal-3204	1044	8	of	of	ADP
cjal-3204	1044	9	homeownership	homeownership	NOUN
cjal-3204	1044	10	and	and	CCONJ
cjal-3204	1044	11	rental	rental	NOUN
cjal-3204	1044	12	of	of	ADP
cjal-3204	1044	13	dwellings	dwelling	NOUN
cjal-3204	1044	14	,	,	PUNCT
cjal-3204	1044	15	and	and	CCONJ
cjal-3204	1044	16	can	can	AUX
cjal-3204	1044	17	also	also	ADV
cjal-3204	1044	18	keep	keep	VERB
cjal-3204	1044	19	the	the	DET
cjal-3204	1044	20	prices	price	NOUN
cjal-3204	1044	21	of	of	ADP
cjal-3204	1044	22	all	all	DET
cjal-3204	1044	23	internallymanufactured	internallymanufactured	ADJ
cjal-3204	1044	24	and	and	CCONJ
cjal-3204	1044	25	distributed	distribute	VERB
cjal-3204	1044	26	goods	good	NOUN
cjal-3204	1044	27	low	low	ADJ
cjal-3204	1044	28	,	,	PUNCT
cjal-3204	1044	29	since	since	SCONJ
cjal-3204	1044	30	as	as	SCONJ
cjal-3204	1044	31	those	those	DET
cjal-3204	1044	32	prices	price	NOUN
cjal-3204	1044	33	inevitably	inevitably	ADV
cjal-3204	1044	34	reflect	reflect	VERB
cjal-3204	1044	35	the	the	DET
cjal-3204	1044	36	costs	cost	NOUN
cjal-3204	1044	37	paid	pay	VERB
cjal-3204	1044	38	by	by	ADP
cjal-3204	1044	39	firms	firm	NOUN
cjal-3204	1044	40	for	for	ADP
cjal-3204	1044	41	their	their	PRON
cjal-3204	1044	42	land	land	NOUN
cjal-3204	1044	43	and	and	CCONJ
cjal-3204	1044	44	buildings	building	NOUN
cjal-3204	1044	45	.	.	PUNCT
cjal-3204	1045	1	chinese	chinese	ADJ
cjal-3204	1045	2	government	government	NOUN
cjal-3204	1045	3	authorities	authority	NOUN
cjal-3204	1045	4	seem	seem	VERB
cjal-3204	1045	5	well	well	ADV
cjal-3204	1045	6	aware	aware	ADJ
cjal-3204	1045	7	of	of	ADP
cjal-3204	1045	8	these	these	DET
cjal-3204	1045	9	benefits	benefit	NOUN
cjal-3204	1045	10	,	,	PUNCT
cjal-3204	1045	11	and	and	CCONJ
cjal-3204	1045	12	have	have	AUX
cjal-3204	1045	13	attempted	attempt	VERB
cjal-3204	1045	14	to	to	PART
cjal-3204	1045	15	design	design	VERB
cjal-3204	1045	16	a	a	DET
cjal-3204	1045	17	legal	legal	ADJ
cjal-3204	1045	18	regime	regime	NOUN
cjal-3204	1045	19	that	that	PRON
cjal-3204	1045	20	will	will	AUX
cjal-3204	1045	21	support	support	VERB
cjal-3204	1045	22	an	an	DET
cjal-3204	1045	23	efficient	efficient	ADJ
cjal-3204	1045	24	mortgage	mortgage	NOUN
cjal-3204	1045	25	market	market	NOUN
cjal-3204	1045	26	.	.	PUNCT
cjal-3204	1046	1	in	in	ADP
cjal-3204	1046	2	many	many	ADJ
cjal-3204	1046	3	ways	way	NOUN
cjal-3204	1046	4	they	they	PRON
cjal-3204	1046	5	have	have	AUX
cjal-3204	1046	6	been	be	AUX
cjal-3204	1046	7	remarkably	remarkably	ADV
cjal-3204	1046	8	successful	successful	ADJ
cjal-3204	1046	9	.	.	PUNCT
cjal-3204	1047	1	however	however	ADV
cjal-3204	1047	2	,	,	PUNCT
cjal-3204	1047	3	the	the	DET
cjal-3204	1047	4	legal	legal	ADJ
cjal-3204	1047	5	regime	regime	NOUN
cjal-3204	1047	6	's	's	PART
cjal-3204	1047	7	effectiveness	effectiveness	NOUN
cjal-3204	1047	8	is	be	AUX
cjal-3204	1047	9	undercut	undercut	ADJ
cjal-3204	1047	10	to	to	ADP
cjal-3204	1047	11	some	some	DET
cjal-3204	1047	12	extent	extent	NOUN
cjal-3204	1047	13	by	by	ADP
cjal-3204	1047	14	a	a	DET
cjal-3204	1047	15	combination	combination	NOUN
cjal-3204	1047	16	of	of	ADP
cjal-3204	1047	17	ambiguous	ambiguous	ADJ
cjal-3204	1047	18	legal	legal	ADJ
cjal-3204	1047	19	provisions	provision	NOUN
cjal-3204	1047	20	,	,	PUNCT
cjal-3204	1047	21	unnecessary	unnecessary	ADJ
cjal-3204	1047	22	restrictions	restriction	NOUN
cjal-3204	1047	23	on	on	ADP
cjal-3204	1047	24	some	some	DET
cjal-3204	1047	25	types	type	NOUN
cjal-3204	1047	26	of	of	ADP
cjal-3204	1047	27	mortgage	mortgage	NOUN
cjal-3204	1047	28	transactions	transaction	NOUN
cjal-3204	1047	29	,	,	PUNCT
cjal-3204	1047	30	and	and	CCONJ
cjal-3204	1047	31	a	a	DET
cjal-3204	1047	32	lack	lack	NOUN
cjal-3204	1047	33	of	of	ADP
cjal-3204	1047	34	flexibility	flexibility	NOUN
cjal-3204	1047	35	in	in	ADP
cjal-3204	1047	36	methods	method	NOUN
cjal-3204	1047	37	of	of	ADP
cjal-3204	1047	38	foreclosure	foreclosure	NOUN
cjal-3204	1047	39	of	of	ADP
cjal-3204	1047	40	mortgages	mortgage	NOUN
cjal-3204	1047	41	.	.	PUNCT
cjal-3204	1048	1	i	i	PRON
cjal-3204	1048	2	have	have	AUX
cjal-3204	1048	3	attempted	attempt	VERB
cjal-3204	1048	4	here	here	ADV
cjal-3204	1048	5	to	to	PART
cjal-3204	1048	6	identify	identify	VERB
cjal-3204	1048	7	some	some	PRON
cjal-3204	1048	8	of	of	ADP
cjal-3204	1048	9	the	the	DET
cjal-3204	1048	10	changes	change	NOUN
cjal-3204	1048	11	needed	need	VERB
cjal-3204	1048	12	to	to	PART
cjal-3204	1048	13	cure	cure	VERB
cjal-3204	1048	14	these	these	DET
cjal-3204	1048	15	problems	problem	NOUN
cjal-3204	1048	16	.	.	PUNCT
cjal-3204	1049	1	the	the	DET
cjal-3204	1049	2	needed	need	VERB
cjal-3204	1049	3	changes	change	NOUN
cjal-3204	1049	4	are	be	AUX
cjal-3204	1049	5	not	not	PART
cjal-3204	1049	6	vast	vast	ADJ
cjal-3204	1049	7	,	,	PUNCT
cjal-3204	1049	8	and	and	CCONJ
cjal-3204	1049	9	should	should	AUX
cjal-3204	1049	10	not	not	PART
cjal-3204	1049	11	be	be	AUX
cjal-3204	1049	12	politically	politically	ADV
cjal-3204	1049	13	charged	charge	VERB
cjal-3204	1049	14	.	.	PUNCT
cjal-3204	1050	1	if	if	SCONJ
cjal-3204	1050	2	146	146	NUM
cjal-3204	1050	3	.	.	PUNCT
cjal-3204	1051	1	e	e	X
cjal-3204	1051	2	-	-	NOUN
cjal-3204	1051	3	mail	mail	NOUN
cjal-3204	1051	4	message	message	NOUN
cjal-3204	1051	5	from	from	ADP
cjal-3204	1051	6	professor	professor	PROPN
cjal-3204	1051	7	patrick	patrick	PROPN
cjal-3204	1051	8	randolph	randolph	PROPN
cjal-3204	1051	9	to	to	ADP
cjal-3204	1051	10	the	the	DET
cjal-3204	1051	11	author	author	NOUN
cjal-3204	1051	12	,	,	PUNCT
cjal-3204	1051	13	july	july	PROPN
cjal-3204	1051	14	23	23	NUM
cjal-3204	1051	15	.	.	PUNCT
cjal-3204	1052	1	2001	2001	NUM
cjal-3204	1052	2	.	.	PUNCT
cjal-3204	1053	1	147	147	NUM
cjal-3204	1053	2	.	.	PUNCT
cjal-3204	1054	1	see	see	VERB
cjal-3204	1054	2	supra	supra	ADJ
cjal-3204	1054	3	text	text	NOUN
cjal-3204	1054	4	accompanying	accompanying	ADJ
cjal-3204	1054	5	note	note	NOUN
cjal-3204	1054	6	99	99	NUM
cjal-3204	1054	7	.	.	NOUN
cjal-3204	1054	8	148	148	NUM
cjal-3204	1054	9	.	.	PUNCT
cjal-3204	1055	1	see	see	VERB
cjal-3204	1055	2	supra	supra	ADJ
cjal-3204	1055	3	text	text	NOUN
cjal-3204	1055	4	accompanying	accompanying	ADJ
cjal-3204	1055	5	note	note	NOUN
cjal-3204	1055	6	136	136	NUM
cjal-3204	1055	7	.	.	PUNCT
cjal-3204	1055	8	149	149	NUM
cjal-3204	1055	9	.	.	PUNCT
cjal-3204	1056	1	see	see	VERB
cjal-3204	1056	2	supra	supra	ADJ
cjal-3204	1056	3	text	text	NOUN
cjal-3204	1056	4	accompanying	accompany	VERB
cjal-3204	1056	5	note	note	NOUN
cjal-3204	1056	6	138	138	NUM
cjal-3204	1056	7	.	.	NUM
cjal-3204	1056	8	2001	2001	NUM
cjal-3204	1056	9	)	)	PUNCT
cjal-3204	1057	1	80	80	NUM
cjal-3204	1057	2	columbia	columbia	PROPN
cjal-3204	1057	3	journal	journal	NOUN
cjal-3204	1057	4	of	of	ADP
cjal-3204	1057	5	asian	asian	ADJ
cjal-3204	1057	6	law	law	NOUN
cjal-3204	1058	1	[	[	X
cjal-3204	1058	2	15:1	15:1	NUM
cjal-3204	1058	3	they	they	PRON
cjal-3204	1058	4	are	be	AUX
cjal-3204	1058	5	made	make	VERB
cjal-3204	1058	6	,	,	PUNCT
cjal-3204	1058	7	the	the	DET
cjal-3204	1058	8	benefits	benefit	NOUN
cjal-3204	1058	9	for	for	ADP
cjal-3204	1058	10	china	china	PROPN
cjal-3204	1058	11	's	's	PART
cjal-3204	1058	12	citizens	citizen	NOUN
cjal-3204	1058	13	can	can	AUX
cjal-3204	1058	14	be	be	AUX
cjal-3204	1058	15	extremely	extremely	ADV
cjal-3204	1058	16	significant	significant	ADJ
cjal-3204	1058	17	.	.	PUNCT