Real Estate Law
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My Loan was originated with Wamu on 4-8-05. They serviced my loan until Chase bought wamu in '08.
The land records only reflect the mortgage, deed of trust and promissory note originally signed at closing with wamu.
No additions, changes or assignments have been recorded since. I have both the closing documents and have obtained the filed documents with the county. They are the same, but wamu no longer exists and by wamu's own reports- 95% of their subprime loans were securitized. I am looking for that owner of my note since wamu can't be the owner and chase could only be the owner if they bought the whole trust which owns my note. Very unlikely.
The reason I requested information on how to find the owner of my note is that my QWR (qualified written report) to Chase had resulted only in historical documents and subquent requests garner only redundant information. Chase indicates they are the investor and the servicer but that would be impossible if the note were securitized. If the note is not securitized, Chase would have supplied a copy of an assigned note and would have filed a updated mortgage with the county.
Chase simply stating that they are the investor without proving how they became so in due course leaves me with either a potential of a clouded title on my property or the possiblity that I am paying the wrong entity with my monthly payments.
The secinfo site does not show my note being securitized, fannie may and freddie mac sites don't claim ownership of my loan and the Mers system does not have any record of my loan.
Thanks for your help