Corporate Assignment Of Deed Of Trust
Assigning a deed of trust mortgage occurs when an existing mortgage loan is transferred to a new lender. It is assigned to transfer debt or sell the loan. Lenders frequently sell mortgages to other lenders. A trust deed investment is used to increase the return on your money above what you would otherwise receive from a savings account or CD. If you want to get involved such investments, you need to understand the use of an assignment of deed of trust. In many states, such as California, a deed of trust is recorded against real property to secure repayment of a promissory note. A trust deed investment essentially involves purchasing a promissory note with the deed of trust securing the note assigned to you as part of the transaction.
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