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related to the mortgage indebtedness for which MERS serves as “nominee” is rarely reflected inside of MERS’ bookkeeping or accounting information nor does such curiosity influence MERS’ earnings.
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Those legal rights are generally held because of the servicer with the personal loan, who may or may not even be the holder of the note.
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From time to time when an investor or servicer wishes to foreclose, the servicer obtains the promissory note with the custodian Keeping the Be aware on behalf of the mortgage investor and why not try these out sites that Notice in the palms of the servicer worker who has become appointed as an officer (vice president and assistant secretary) of MERS by corporate resolution.
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