Apparently, the problem of assignment chain gaps has become so common that an industry has been built around fixing them:

http://www.nwtc.com/services/Default_DCME.html

"Our experience has proven that, perhaps due to the volume of foreclosures in progress, a large number of attorney requests do not match what is required when reviewing the actual recorded chain of title and unrecorded assignments in the collateral file.
NTC can also prepare assignments from MERS to the foreclosing entity to satisfy the new trend in the industry."

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