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Chicago prepares for a warm, long-term forecast - Leigh Attridge/MA
5/23/2011 7:28:07 AM (2867 views)

The Flatiron Bldg ca 1903 - Leigh Attridge/MA
5/22/2011 3:26:37 PM (3137 views)

It Teetered It Tottered It Was Bound to Fall Down - NovaStar - Leigh Attridge/MA
5/22/2011 3:11:40 PM (3032 views)

[+] Vanguard Business Processing - Susan Grace/RI (7 replies)
5/18/2011 4:36:39 PM (6204 views)

[+] REALDETAILED - F P/VA (7 replies)
5/18/2011 1:00:29 PM (3318 views)




[+] Comment on "Registers of Deeds Ask AGs to Look Into Damage to Land Title Records" - Source of Title/OH (3 replies)
5/17/2011 9:40:20 PM (2923 views)

Performance Title Agency - Steve Lisowski/NY
5/17/2011 3:32:12 PM (2864 views)

[-] Auto Subordination Update - F P/VA (7 replies)
5/17/2011 1:28:36 PM (4141 views)
Re: Auto Subordination Update - Robert Franco/OH
5/17/2011 2:08:20 PM (5616 views)
Re: Auto Subordination Update - Deborah Manion/VA
5/17/2011 2:16:05 PM (3960 views)
Re: Auto Subordination Update - F P/VA
5/17/2011 3:11:39 PM (3472 views)
Re: Auto Subordination Update - J. H./OH
5/20/2011 2:14:44 AM (3619 views)
Re: Auto Subordination Update - Kevin Ahern/CT
5/18/2011 4:54:17 AM (4486 views)
Re: Auto Subordination Update - F P/VA
5/20/2011 7:12:43 AM (4940 views)
Re: Auto Subordination Update - CHARLENE  PERRY/MD
5/23/2011 3:25:13 PM (3488 views)

We use the same language in a refinance deed of trust/mortgage but it's purpose is to reduce the amount of documentary stamps paid when filing the new deed of trust.  I suppose I need to look at our statute to see if the lien priority is affected, but I don't think that to be the case.

In fact, when faced with a situation where the new lender wants to be in first lien position we have to have executed by both lenders a specific Subordination Agreement laying out the details of the deeds of trust that are to be affected.  That agreement is then recorded in the land records prior to the recordation of the new deed of trust. 

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Company's Arenas Leave Cities with Big Problems - Leigh Attridge/MA
5/16/2011 5:15:04 PM (3224 views)

[+] Comment on "Price Check on Aisle 3" - Source of Title/OH (2 replies)
5/16/2011 3:58:05 PM (2844 views)

[+] Comment on "Private Transfer Fees Newly Outlawed by Eight States so far in 2011" - Source of Title/OH (1 reply)
5/16/2011 12:12:15 PM (2808 views)

[+] Zook Search Inc. turns ten years old! - Dan Zook/NY (1 reply)
5/16/2011 9:08:34 AM (3084 views)

[+] Witches attempt to "clean" houses of negative energy - Leigh Attridge/MA (2 replies)
5/15/2011 7:28:40 PM (3642 views)

Facing the Prospect of Losing a Home to flooding in Louisiana - Leigh Attridge/MA
5/15/2011 9:11:10 AM (3313 views)

[+] Hope for Owners of Cancer Stricken Pets - Kevin Ahern/CT (1 reply)
5/15/2011 7:30:35 AM (3709 views)


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