Does anyone know about assignment recordings?

Welcome to the LoanSafe Forums!
Get free mortgage help today. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.
Register for FREE

DHubie4

LoanSafe Member
Aug 25, 2010
130
1
0
I'm wondering if anyone knows if an the lending bank (the guy that gives you the money) has to not only record a transfer to the servicer, but also has to record a transfer to the investor? Is it possible that the contract between the servicer and the investor defines the servicer's rights to foreclose even though the servicer doesn't hold the paper anymore????