This results in the elimination for the need to file assignments in the county land records which lower costs for lenders and consumers by reducing county recording fees on real estate transfers and provides a central source of information and tracking for mortgage loans.
This results in the elimination for the need to file assignments in the county land records which lower costs for lenders and consumers by reducing county recording fees on real estate transfers. The centralization of information also benefits document custodians, settlement agents, title companies, insurers, investors and county recorders by offering a central source of information and tracking for mortgage loans.