Posted by Anonymous on 10/5/04 4:56pm
Msg #9374

Corporation Assignment of Deed

Can someone explain the "Corporation Assignment of Deed of Trust" doc. I'm not sure if the borrower needs to sign this and if I should be notarizing it. The one I have looks like it is supposed to be signed by the California Bank & Trust not the borrower. It has a blank after "the undersigned hereby grants, assigns and transfers to (blank) all beneficial interest..." There are 2 blank signature lines and it needs to be notarized.

Reply by Jon on 10/5/04 5:09pm
Msg #9376

Leave it alone. The "Corporation Assignment of Deed of Trust" is for the lender when and if they decide to sell or assign the loan to a new servicer.

Reply by SD girl on 10/6/04 5:24pm
Msg #9460

Do not notarize this document! It is for the lender to use, I know it is kind of confusing to see that form thrown into the pack.