Lost Mortgage Satisfaction
Hello all,
I came across a document like this while researching tax values, does anyone know what this is?
thanks,.
Karin
I came across a document like this while researching tax values, does anyone know what this is?
thanks,.
Karin
Comments(0)
Do you mean a Satisfaction of Mortgage that has been lost?
If so, then maybe you are looking at a document that certifies that a mortgage has been satisfied but the certificate of satisfaction has been lost or is not replacable because the lender is out of business.
If not, then you have to give us more context before we can answer your question.
So if you dont record the assignment of beneficial interest, and you lose the docs, what happens?
only if there are enough $$ to payoff everything senior. Check if a Judgment has priority over other claims.
I would proceed w/ the garnishment or other collection (have you performed a debtor examination).
That are maybe even a trust?