According to a prospectus
will not physically segregate the mortgage files in XXXXX custody but the mortgage files will be kept in shared facilities. However, XXXXXX’s proprietary document tracking system will show the location within XXXXXX’s facilities of each mortgage file and will show that the mortgage loan documents are held by the Trustee on behalf of the trust.
This is LPS’s mail center in Minnesota. This is where many of the settlement documents get sent to for scanning and uploading. Take a listen and maybe this is where all the documents are kept for safe keeping?
Just saying…because this is a warehouse and they have plenty of room.
You have to watch it entirely… or go to 4:24 and start from there.