Why the New Trustee?

When the Lender files the Notice of Default to start the foreclosure process often times they will also assign a New Trustee. 

When that happens you'll receive all sorts of important registered letters announcing the New Trustee.  By law they have make sure you are properly notified.

(you might call it being Spammed)

This is normal. 

So why do they do this do you ask?

 

Maybe the New Trustee is better, faster and / or cheaper than the old one when it comes to the Foreclosure Process.  That's all.

The Good News is that the New Trustee cannot change the terms of the Note.  They only act as instructed.

The Bad News is that you still have a Notice of Default and it's been transferred to a company that might better process that.