A 1/3 of all Home Mortgage Notes are Missing

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If you need copies of your mortgage, deed of trust, home deed, or promissory note, you can use a few methods to obtain the documents. 1 request loan paperwork from your lender. Paying your mortgage on time is an essential part to your financial health, but. you skimmed this document at best and at worst you didn’t read it at all..

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How To Generate Note Seller Leads With Little To No Marketing Budget by Abby Shemesh This month we welcome Abby Shemesh as a regular PAPER SOURCE JOURNAL columnist. Abby is the Managing Partner and Loan Acquisition Director of Amerinote Xchange, located in San Francisco. He is a principal buyer of mortgage notes and business notes nationwide

I came across following idea from internet about buying defaulted mortgage notes directly from banks. However, I need some more help. Please help. ThaI came across following idea from internet about buying defaulted mortgage notes directly from banks. However, I need some more help. Please help.

Joseph and Mary Romero of Chimayo, N.M., found that their mortgage note was assigned to the Bank of New York. The database still tracks roughly half of all U.S. home loans, and banks fear that.

Having worked in and around the mortgage lending, mortgage servicing, and mortgage banking fields for a long time, it has been my professional observation that all lenders that I have ever encountered take the issue of a missing document very seriously, and act to correct the problem promptly.

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Home Buyers Turn to Private Mortgage notes private mortgage notes filled the void left behind by the FHA. Regulations left out a significant percentage of borrowers who didn’t have the credit history necessary to qualify for loans – and it also left out properties that were not in good enough condition to qualify for FHA loans.

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(Last Updated On: May 13, 2010)If you’re being sued by your lender for not paying your mortgage, you may be able to save your home by using the "Produce the Note Strategy". In a nutshell, some homeowners have actually gotten rid of their mortgages because the mortgage company couldn’t produce the mortgage note.