A mortgage lender can transfer a mortgage to another company using an
assignment agreement. This document, called an assignment of mortgage,
For the purposes of this subsection, the term “mortgagee of record” means the
person named as the mortgagee in the recorded mortgage or, if an assignment of
Jan 15, 2016 ... An assignment of mortgage is a document that indicates that a ... meaning that
the Buyer is responsible for the due diligence involved to ...
The act of transferring a mortgage from one party to another is called assignment
Banks use assignments and endorsements to transfer mortgages, deeds of trust,
... This means that any party that possesses the note has the legal authority to ...
To fully understand the role of an assignment in a mortgage foreclosure, you
must ... This means that, depending on state law, if the lender cannot produce a ...
An assignment of mortgage is a written document which serves as proof of
transfer of a loan obligation from the original borrower to a third party. When a
loan is ...
Nov 16, 2010 ... Assignment and Transfer of Ownership of mortgages. ... in the uCC. in essence,
this means that the assignment of a mortgage to a trustee does.
Definition of assignment of mortgage: A type of document in writing that moves
the obligation of a loan to another individual or party from the first or original party