Auction Property Help!

[Savannah Lewison]

Hello,

I have another property up for auction that has confused me upon looking into the recorded deeds. The home is being auctioned by Reverse Mortgage Solutions INC but I see there was a recent mortgage assignment to Cascade Funding Mortgage Trust. How is it that there is a reverse mortgage as well as a new mortgage on the home? Also who has the rights to the home and if I were to purchase it would there be any issue with Cascade Funding Mortgage?

Thank you in advance!

Still learning so looking for any and all information available on this topic.

Savannah