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Is this normal?

Posted by Bill M on July 06, 2011 at 8:51 PM

I bought a house at TS on JUL 1. Foreclosing lender is Wells Fargo, 1st position. However, an assignment of trust deed was recorded on Jun 30,one day before the TS. Wells Fargo assigned the loan to Federal Home Loan Mortgage Corp. Is this normal? Does wells fargo still have the right to foreclose after the assignment?
Thanks in advance!
Bill


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