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Paid off my mortgage and I received a letter of Substitution of Trustee and full reconveyance

The complete letter as below: 

Whereas, my name, is the trustor, previous trustee company name, is the current trustee and XYZ bank is the current beneficiary under that certain Deed of Trust dated 04/15/2005 and recorded on 06/20/2005, as instructment on Document NO 123345, in Book N/A , Page N/A, of official records of Orange County,, State of California., Whereas, the undersigned beneficiary hereby substitutes a new trustee,  XYZ under the deed of trust, and Trustee does hereby reconvey, without warranty, to the person or persons legally entitled there to, the estate now held by trustee under the deed of trust.

What's going on exactly?
  • July 30 - US
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Answers (1)

You paid off the home and they have conveyed the deed to you.

  • July 30
  • 1Yes

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