For a much lower price and in a faster turn time, you can now order a shortened version of NTC’s Assignment Verification Report (AVR) – the AVXpress or AVX for short – which contains everything an AVR contains without the keyed report. All without sacrificing the quality of research you are accustomed to from NTC. After a thorough search of actual, current land records NTC creates and provides an image pack containing the subject mortgage and all applicable recorded documents in an assignment chain.
This image pack can be used to support best signing practices by providing relevant supporting documentation or to assist in the perfecting of collateral files by retrieving recorded documents that are often missing and can cause many downstream issues throughout the life of a loan.
THE DOCUMENTS INCLUDED:
Copy of the mortgage/deed of trust (full or pertinent pages)
Each assignment on record for the target mortgage
Any lost assignment affidavits (LAA) indexed and easily found against that mortgage
Any corrective assignments recorded in the mortgage chain
Any recorded rescission’s that pertain to any assignments or releases of the subject mortgage that are indexed and easily found against that mortgage
If the property has obviously been released, pertinent document is usually included