InnoVest's Foreclosure Forum
Ward takes the stairs.

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule

Store

Foreclosure Fundamentals

Code References

Recent Legislation

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

75+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Booklist

Contact / Map | Priceline Tips

About Us

Home

 

Innovest Resource Management BBB Business Review

Certification of Trust

December 17, 2015 12:55PM
I have been using Title Holding Trust for about 10 years thanks to Ward's training and using Certification of Trust many times on Selling or re-fi property. On refi, sometimes I had to take title personally and then move back later to the THT.

Now I am working on a refi and I am being told I must disclose the Trust document due to "continuity of obligation" per Fannie Mae guidelines and won't allow me to use Certification of Trust or take title in my name at closing. They are saying the underwriter need to review the trust document due to this guideline. This does not make an sense to me. Is this something new? Any advice how to proceed?.
Subject Author Views Posted

Certification of Trust

BigMike in OC 4584 December 17, 2015 12:55PM

Sidestep Fannie Mae's underwriting rules...

Ward-CA 3002 December 17, 2015 10:40PM

Re: Sidestep Fannie Mae's underwriting rules...

Bill H 2890 December 24, 2015 04:17PM



Sorry, only registered users may post in this forum.

Click here to login

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2024, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455