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Does a Mortage Company have to Produce Note when requested?

Posted on: 04th Feb, 2009 04:43 am
If you have a home mortaged and you ask them to produce the note.Will they and can they produce it?And if they can't produce the note can they legally take a home?
Hi italianjim,

Didn't you sign the promissory note at the time of closing? Are you in any kidn of problems? I hope you have a copy of the note with you. Or is it lost? If it is so, please contact the lender asap and ask for one. Check out the terms and conditions for any discrepancy.

good luck
Posted on: 04th Feb, 2009 05:34 am
I don't have a copy of a promissory note.I do not think there was one signed by me.If I ask the mortager for it ,will they and do they have to give me a copy of it?
Jim
Posted on: 04th Feb, 2009 06:06 am
We can not give legal advice.
I would say that there are attornies whose business is based on what you are talking about. While they claim what you say to be correct--can not take the house if can not produce the note--you will need to check with an attorney.
Posted on: 05th Feb, 2009 08:57 am
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