InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Hide behind your trustee.. Posted by jenv on June 23, 2003 at 6:32 PM In Reply to: Hide behind your trustee.. posted by Ward-CA- on May 23, 2003 at 10:11 PM : I have 6 loans with Wells Fargo Bank and on all 6 properties my name has never appeared in the public record. My trustee appears on the deeds and trust deeds whereas I qualified for the loans and signed the non-recorded promissory notes. What hex did you put on the loan officer? Common wisdom has it that banks never accept title in trust, due to inflexible "procedure", general cluelessness, and the need to securitize their loans, even if you personally cosign the note. Follow Ups: Wish me luck... Ward-CA- 0:27 AM, 06/24/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : I have 6 loans with Wells Fargo Bank and on all 6 properties my name has never appeared in the public record. My trustee appears on the deeds and trust deeds whereas I qualified for the loans and signed the non-recorded promissory notes. : What hex did you put on the loan officer? Common wisdom has it that banks never accept title in trust, due to inflexible "procedure", general cluelessness, and the need to securitize their loans, even if you personally cosign the note. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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.

Copyright © 1997-2003, 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