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076052P.pdf   03/07/2008  Randall L. Seaver  v.  Mortgage Electronic Reg. Sys.
   U.S. Court of Appeals Case No:  07-6052
   U.S. Bankruptcy Court for the District of Minnesota   
   [PUBLISHED] [Schermer, Author, with Mahoney and Venters,
   Bankruptcy Judges]
Bankruptcy Appellate Panel. In case involving the post-petition refinancing of mortgages delinquently perfected during the preference period, debtor's post-petition refinancing did not impact the trustee's ability to avoid the perfection of the mortgages as preferential transfers under Section 547 of the Bankruptcy Code; trustee was entitled to a money judgment against each lender equal to the value of the lender's preferential mortgage under Section 550(a).