My attorney is very likely going to incorporate the "Produce the Note" strategy in some form (either in connection with bankruptcy, or foreclosure, or other eventuality) against my lender to help me achieve restitution from these monsters. We are extremely reassured that they will not be able to.
That said, I just got notified this past week that my mortgage was once again transferred to PennyMac (which I am actually happy about, because I feel that adds an additional layer of options, they like to drastically modify loans). I know I should know the answer to this, but these days my brain is like a carnival with all of the stuff that is going on and trying to swim fast enough to know what I am doing.
Does this transfer create a new,
note, or does it muddy the trail of the note that much more, or does it make no difference at all?
I do know that the note is being handled by MERS, so I guess that's good, but I expect they are being a "little more careful" with them these days.
Thanks again, you people that reach out are truly Saints. I have sent SOOO many people to this forum to benefit from the guiding light of experience and truth that is being generously given out here. It's wonderful support for those of us who have chosen to fight till the death for our RIGHTS to holding big money accountable to their contracts... They have made such a mockery of our legal system (OR TRIED TO) I am confident that they will find that it's not all that bad of a system.
Happy Friday everybody!!