Misconceptions about Property Ownership: Part III

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Misconceptions about Property Ownership: Part III

Misconceptions about Property Ownership: Part III

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In this last segment, I want to touch on recorded assignments (or the lack thereof) and what that means for potentially quieting the title to your property. I speak of this from a paralegal’s point of view. If you have an issue with my thought process, you are certainly encouraged to toss these ideas out to a competent foreclosure defense attorney and get his take on it! I would recommend someone who has actually succeeded in doing a full-blown quiet title action in the quasi in rem realm.

I speak of this process in the sense that in today’s times, with the advent of this so-called “agent place card business model”, the Lenders get to screw over every county recorder and register of deeds by not recording assignments after the original Lender sells the promissory note. This, in effect, has turned the entire quiet title process into a quasi in rem scenario in favor of the homeowner and against the place card agent and any future lender touching its business model.

First … the just desserts …

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© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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