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To: Brilliant
It would be very easy to get title insurance with this. There is no defect at all. The mortgage would be listed as an exception to title no matter who owns it.

I think he is talking about the next guy to try to take title after foreclosure. When a mortgage is assigned 3 different ways and one forecloses to secure his portion of the debt, what happens to the coequal claims of the other 2 trustees / mortgage pools?

118 posted on 11/17/2007 7:25:28 AM PST by AndyJackson
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To: AndyJackson

No problem. Trust me.


119 posted on 11/17/2007 9:33:48 AM PST by Brilliant
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