Should I trust electronicsupplyltd?

What do all these deeds of trust/reconveyance/successor trustee, etc. mean? Does this sound legitimate?

  • What do all these deeds of trust/reconveyance/successor trustee, etc. mean? Does this sound legitimate or fishy? I This is for one little rambler, since 1997 til now, 18 different listings on the recorder's office for the current occupant. What did the owner do to have 18 different listings in 13 years? Can you explain in lay terms? NOTICE OF TRUSTEE SALE FIREMAN'S MTG WARRANTY DEED CHAUSEE CORP DEED OF TRUST PIONEER NATION T INS WARRANTY DEED (SELLER) DEED OF TRUST LYNNWOOD MTG ASSIGNMENT DEED OF TRUST/MORTGAGE (BUYER) DEED OF TRUST NORWEST MTG FULL RECONVEYANCE BACCI TRUSTEE INC DEED OF TRUST WELLS FARGO DEED OF TRUST IRWIN MTG FUL RECONVEYANCE WELLS FARGO APPOINTMENT OF SUCCESSOR TRUST WELLS FARGO FULL RECONVEYANCE WELLS FARGO DEED OF TRUST WELLS FARGO DEED OF TRUST WELLS FARGO FULL RECONVEYANCE WELLS FARGO APPOINTMENT OF SUCCESSOR TRUST CITICORP FULL RECONVEYANCE CITICORP

  • Answer:

    Means the original mortgage lender sold the mortgage to Pioneer who sold to Lynnwood who sold to Norwest and so on down the line. Mortgage lenders would bundle up 4 good mortgages with 6 bad ones and sell to another lender. Over a 30 yr period this happens a lot.

wedon'th... at Yahoo! Answers Visit the source

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