Share 'Advanced Question - What is the difference between the Investor and the Trustee on the note?'
I am working on a NIGHTMARE short sale with........
Can anyone guess?
Bank Of America - WINNER WINNER WINNER
I was told the Investor on the note is Bank of NY.
Contacted them directly, and, they said they are the "Trustee" on the loan and that B of A has final and sole decision making power?
Huh, anyone know the difference or can better explain what the "Trustee's" role is on the loan or shor…
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