What Documents Should I Receive After Paying Off Mortgage?

What Documents Should I Receive After Paying Off Mortgage? What documents should I receive after paying off mortgage? The first document is the release of mortgage, or release of deed, that states there is no longer a lien on your house, says Wayne Brown, senior partner of Dugan Brown, a financial planning firm in Dublin,

Does Freddie Mac Do Loan Modification?

Does Freddie Mac Do Loan Modification? Does Freddie Mac do loan modification? Fannie Mae and Freddie Mac offer loan modifications to eligible troubled borrowers so they can avoid foreclosure and stay in their homes. What qualifies you for a loan modification? Who is eligible for a loan modification? To qualify for a loan modification, a

Does Foreclosure Ruin Your Life?

Does Foreclosure Ruin Your Life? Does foreclosure ruin your life? All lenders will charge you a higher interest rate and impose tougher terms if you have any “mortgage lates” on your credit report. Late mortgage payments will be reflected on your credit report for seven years, but the negative impact on your FICO score will

Does An Assignment Of Mortgage Have To Be Recorded?

Does An Assignment Of Mortgage Have To Be Recorded? Does an assignment of mortgage have to be recorded? Civil Code section 2932.5, which mandates that an assignee of a mortgagee must record the assignment before exercising a power to sell the real property, only applies to mortgages and does not apply to deeds of trust.