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  • The law says your "ORIGINAL SIGNATURE" mortgage note MUST be co-located at the same bank currently financing the loan. A "copy" of the original note will not suffice, just as a "copy" of a dollar bill does not equal a dollar. If your mortage company cannot locate your original signed document ("wet ink" signature) they can be sued for the mortgage amount +3 times that amount. If your mortgage is in MERS, the original most likely is lost. DO NOT RE-FINANCE: It gives them a "new" signature.

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