A written document serving as evidence of a transfer of a loan obligation from the original borrower to a third party.
A document that evidences the transfer of a mortgage from one party to another.
When one party transfers its interest in the mortgage to a third party such that the third party stands in it place. Generally, the lender reserves the right to assign a mortgage to another lender without the consent of the borrower while the mortgage agreement specifically forbids the borrower from assigning the mortgage to another borrower without the consent of the lender.
The assigning of a mortgagee's interest in the mortgage to a new mortgagee. The legal sale of the mortgage with or without an agreement to repurchase.
A document used to transfer ownership of a mortgage from one party to another.
an instrument whereby a mortgagee's interest in a mortgage is transferred to another party
The lender may sell your mortgage without permission from you (which he is entitled to do), and the document that records the transfer of the mortgage from lender A to lender B is the assignment.
Transfer by the lender (mortgagee) of the mortgage obligation.
passes a mortgage from one institution to another.
An assignment of mortgage is a document which shows the transfer of ownership of a mortgage from one party to another.
A document evidencing the transfer of ownership of a mortgage from one person to another.
transferring a mortgage from one person to another
An agreement that transfers mortgage ownership from one party to another.
A document which transfers ownership of a mortgage from one mortgagee to another (as from the originator of the loan to the permanent investor).
The transfer of a mortgage from the old owner to the new owner. This type of mortgage is an assumable mortgage.