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Marginal Release
By Contributor on April 14, 2019
Marginal release refers to the method of recording, or noting, of the satisfaction of a mortgage or lien.
Some terminology used include the release of a mortgage.
You need to know:
What lenders hope you never learn about mortgages
When this occurs, a notation is made in the margin or the records.
This is only made legitimate when the notation is made by an official county recorder.
It goes without saying that lenders are very meticulous with marginal releases.
Thorough checks and re-checks are conducted with every borrower.
And the green light to go ahead with the release will only be given when a lender is certain of a borrower’s status.
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