Legal Question in Real Estate Law in California
In California, when a mortgage loan has been has been transferred to a mortgage pass through certificate series, shouldn't it be recorded with the county recorder since it does not have to be reported to the person that has been given the loan ?
Asked on 1/26/14, 6:55 am
1 Answer from Attorneys
Anthony Roach
Law Office of Anthony A. Roach
No, with respect to a deed of trust. Yes, with respect to a mortgage. You are probably calling your deed of trust a mortgage, which is a significant error. Read Civil Code section 2932.5 carefully. See Calvo v. HSBC Bank (2nd Dist. 2011) 199 Cal.App.4th 118.
Answered on 1/26/14, 8:49 am