In an assignment of mortgage- allonge, would all balances, including unpaid interest and late fees account to the new lender?

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We purchased a loan. Its balances had addition late fees and prior interest charges to the note balance. Are all deficiencies from prior lender including unpaid interest charges and late fee carry over to the new loan holder?

Attorney Answer

1
Mark Theodore TischhauserLitigation LawyerTampa, FL ·
This should have been determined BEFORE you bought the note. You will need to have a business transactional lawyer review the records and documents to see how this was handled.
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