You are right, I am a Louisiana title attorney and seldom do the assignments exceed 2 pages with average recording costs of $40 per assignment; and with an average of 4 assignments per loan of more than 10 years existence, in most parishes that equates to $160 per loan , and in EBR would be about $260 per loan; still a very high aggregate number when you realize assignments have not been recorded in most instances for over 10 years on the 10's of thousands of loans originated each year... the facts and figures I quote here are just from my experience, and are likely very conservative.

to post a reply: login - or - register