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Assignments

Posted by Jay B. on April 11, 2001 at 4:49 PM

Ward
I am looking at possibly purchasing a property at Trustee's Sale (L.A. area). There is a first and a second on the property, and the first is foreclosing. The foreclosure notice service which I subscribe to shows a different Trustee and Beneficiary for the foreclosing first than deed of trust recorded with the county. There doesn't seem to be any recorded assignment from the original Trustee and the original Beneficiary to the new Trustee/Beneificiary. Is this a problem or something I should be concerned about?


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