It s a Bad Deal to Be Under Paper

WE’RE HEARING about homeowners who are “under paper” and unable to close on a home sale or refi transaction. I am speaking of homeowners who have paid off a mortgage, or maybe two or three, but a mortgage satisfaction (aka mortgage discharge, aka mortgage release) has never been recorded in the public records.

via National Mortgage News – It s a Bad Deal to Be Under Paper – What We’re Hearing Article.

 

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