[tcbawo]

No, the mortgage holder has a lien on a property, which can be assigned. Title always remains with the lender. If ownership of a lien is unclear, it may be unclear who ultimately owns the mortgage, but the mortgage servicer should remain. Not a lawyer, but I believe the laws relating to the owner/mortgage servicer relationship are designed to maintain consistency. A mortgage holder needs to be able to show proof of ownership. In the 2008 era, there were cases where this was lost and homeowners successfully challenged and had liens removed.