Скачать или смотреть Episode 18: Legal Framework: Mortgage, Note, and Assignment

Paperwork isn’t “admin” in note investing — it’s the asset. If you don’t control the note, the lien, and the transfer trail, you’re not buying enforceable debt… you’re buying a story someone told you at closing.


In this episode, we connect the promissory note, the mortgage (or deed of trust), the assignment, and the allonge into one legal chain — and explain why a single missing link can turn a “secured” deal into a courtroom cleanup project, especially in judicial foreclosure states.


🔍 What you’ll learn:
 ✅ Why the promissory note is the actual IOU — and a negotiable instrument you must properly receive
 ✅ How the mortgage/deed of trust secures the note — and where foreclosure rights really come from
 ✅ What the assignment of mortgage does — and how gaps break the chain of title
 ✅ Why having the note and mortgage still isn’t enough without recorded, continuous assignments
✅ How an allonge proves endorsement/transfer of the note — like signing a check to the next holder
✅ What a “collateral file” must contain — and the red flags that can erase your legal standing
✅ The simple post-close move that protects you: record the assignment yourself, every time


This program is for informational purposes only and should be independently verified before taking action.