![]() |
Foreclosure Forum |
|
Re: What is a junior "bene"In Reply to: What is a junior posted by Terry on January 10, 2002 at 11:58 AM : What does "bene" stand for? : thanks =•=•=•=•=•=•=•=•=•=•= Terry, in the internet world everything seems to get abreviated. Bene stands for Beneficiary, a lender whose loan is secured by a recorded deed of trust. A junior beneficiary is a lender secured by a junior deed of trust on a property such as a 2nd, 3rd, etc.
Follow Ups: Post a Followup:
|
Copyright © 1997-2001, InnoVest Resource Management
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455