Easily Delete Field Validation in the Assignment Of Lien

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How to Delete Field Validation in the Assignment Of Lien

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hey everybody this is attorney Kenneth Stevens from the law firm Stevens PLLC and today Im hoping to clear up some confusion regarding lien deadlines notice deadlines and when the clock actually starts to run for the deadline for falling here lien affidavits now with regard to notice obviously general contractors you dont have to sit notice you can just file your lien with regard to the deadlines to fall liens on commercial projects anyway that that lien has to be followed by the 15th day of the fourth calendar month that seems to be pretty well understood most of you that call me coming to my office kind of have that ideal in mind and youre normally coming in trying to beat that deadline where things start to get a little dicey is one with subcontractors and Ill just give you an example subcontractors you cant come to my office in May and want me to file a lien for work that was completed in January if I ask you hey did you send notice and you say no I didnt send anybody notice

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What is the warning on the FHA case number assignment?

The Case Number Assignment Update page may appear with a warning message. A warning message is displayed indicating the status of the validation of the name, Social Security Number, and birth date combination of the borrower(s) against government records.

Are all mortgages registered with MERS?

The MERS System is a national electronic database that tracks changes in mortgage servicing rights and beneficial ownership interests in loans secured by residential real estate. More than two-thirds of all newly originated residential loans in the United States are registered on the MERS System.

Can MERS discharge a mortgage?

When MERS is the record holder of a mortgage, the mortgage shall be discharged only by MERS. A valid discharge may be issued by (1) MERS, or (2) a member of MERS acting through a docHubing officer of MERS.

Why do lenders use MERS?

By tracking mortgage transfers electronically, MERS eliminates the need of a lender to register the transfer with the county recorder every time the loan is sold from one bank to another.

What is the benefit of MERS?

Benefits of MERS Eliminates the need for multiple assignments each time the loan changes hands. Reduces recording costs. Saves time and administrative costs for lenders and servicers. Provides the identification of servicers and investors for free for homeowners and lenders.

Does MERS have an API?

When a loan is moved to a closing milestone, the LOS is triggered to initiate the MERS registration process. The API makes a call to MERS for batch updates. API receives a response from MERS which automatically updates the status in the LOS and the post-closer is notified of the MERS registration or transfer.

What is the purpose of MERS?

MERS, the Mortgage Electronic Registration System, tracks the owners and servicers of mortgage loans in the United States. Homeowners can visit MERSs website to look up the owner or servicer of their mortgages.

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Delete Field Validation in the Assignment Of Lien