Think of it more as Prosper being the actual note holder.

They're supposed to be the note holder and beneficiary; what happened here?  

Current property deed has two names (X and Y), however the mortgage note has only one name (X).And as per the title search report, Chain of Title1:When the property was purchased the deed has both X and Y names as joint tenants with the Right of Survivorship.Chain of Title2:Later a quit calm deed was made with Grantor( prior owner)  Y and Grantee (deed owner ) XChain of Title3:Again a bargain and sale deed was made the other way from above Grantor( prior owner) X and Grantee (deed owner ) YCurrent Title (vesting information):And one more time a Deed was made with both names (X and Y) on the deed as joint tenants with the Right of Survivorship.Now, as X is the only mortgage holder from the time of purchase, and bank is foreclosing the mortgage on X, will Y have any legal ownership to the property, if the property gets sold at sheriff sale.

The difference is that the holding entity (exchange accommodating title holder) is the intermediary doing the 1031 exchange for your parents.  

These abandoned "Blight" homes have been in the news paper, in front of city council and even had laws trying to force owners or lien holders to do something with the property.

I went down to the base and talked to the location assistance office to see if they would pass out my cards to new members coming in or leaving and they told me i could join the wall and pointed over at a wall with flyers and business cards all over it.. there must have been like 50 different realtors pinned to the wall.. so i went down the store and bought a 25 card holder and attached it to the wall and filled it with my cards, about 2 weeks ago i was on base seeing a friend who lives on base in the base housing and decided to knock a few doors to offer assistance in maybe moving off base in the future and the MP's came after about 15 minutes of me knocking doors to let me know the base has strict policies against it... 

By law, payoffs have a specific time period a lien holder has to abide by.

How long could you hold a tax lien certificate for before the tax lien holder receives the property?

Indy is great for both fix and flippers and buy and holders. 

The landlord/contract holder would keep 40 percent of the revenue from them.