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Proving “Originality” and Ownership of Electronic Mortgage Notes

Proving “Originality” and Ownership of Electronic Mortgage Notes


“Testing”- Document Authenticity

READ CAREFULLY…

  • The mortgage market’s continued ability to lend money relies on the liquidity of promissory notes secured by real property.
  • Paper promissory notes are endorsed “in blank”so that whoever has “possession”of the note is considered a holder, holder in due course, or purchaser.

[ipaper docId=35170867 access_key=key-qw5eoqxma51sn7wcqic height=600 width=600 /]

If you on SPERS.org’s site there is also some information to be looked at…like power point presentation and some pdf files. Click below

SPERS.ORG

Posted in foreclosure, foreclosures, MERS, mortgage, MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC., noteComments (1)


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