This is just another way banks make a mess out of everything they touch. After your loan is satisfied you need to go to your county clerk and be certain the satisfaction is recorded. You must also keep a copy of the satisfaction for your records as well.
http://www.reuters.com/article/2012/01/26/us-usa-housing-mortgage-reincarnation-idUSTRE80P0SJ20120126
Homeowners have to be aware of the right financing. This helps to choose the right property.
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