Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Help Understanding Recent Title Research on Foreclosure
Hi,
I'm new to the foreclosure game. I was hoping someone could shed some light on something I found while doing my DD on a property. The property deed was assigned 5 different times since 2015 to different lenders. It is not different mortgages but rather the original mortgage being reassigned 5 different times. The weird thing is this:
-assigned to Freedom mortgage on 2/4
-assigned to Plaza home mortgage on 2/6
-assigned to Nationstar Mortgage on 2/6
These are the last three times and they were all completed in the same year meaning 2-days apart and the last 2 in the same day.
However, here is what I don't understand, Freedom Mortgage is the lender listed in the public notices as the one that has the full authority. According to my research they don't currently hold the mortgage. Can anyone help me understand what is going on here? It's not a different loan because they all reference the same original note.
Thanks,
Matt