THE THREE QUESTIONS FORECLOSURE VICTIMS FAILED TO ASK IN COURT

The Lender always funds the loan through its Creditor therefore Lender provided the Creditor the entire collateral file prior to  funding the loan .

[1] Was the collateral package given to Creditor complete with the assignment and allonge ?

[2] Was the Assignment left open or blank ?

[3] Was the loan sold  within 180 days?

Creditor always holds the collateral and takes a blank assignment . It records only in the event the file was not sold to an investor. The it would record at 180 days of the loans orgination

No if’s and or but’s – that is the regulatory practices and  FDIC regulatory guidelines . If the court looks at the assignment to a Creditor and believes everything in order for the transfer recorded several years later —good chance a fraud is about to take place.

Its called “evasion.”

Write us for a quote on auditing your file HUD I and 1099 A post foreclosure.

registerclaims@live.com

 

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