The Lender always funds the loan through its Creditor therefore Lender provided the Creditor the entire collateral file prior to funding the loan .
 Was the collateral package given to Creditor complete with the assignment and allonge ?
 Was the Assignment left open or blank ?
 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.”
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