There are sometimes instances when the Seller/Lender of real property may have an underlying encumbrance of a real estate contract, deed of trust, or mortgage. For FINS to pay on an underlying encumbrance usually protects the new Buyer/Borrower. There have been instances when the new Seller/Lender’s encumbrance is paid off before the underlying debt. Also, there are instances when the new Buyer/Borrower is current in its payments, but the new Seller/Lender has not been paying the underlying debt, and foreclosure starts.