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ASSIGNMENT of MORTGAGE by Business Entity with  Form

ASSIGNMENT of MORTGAGE by Business Entity with Form

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welcome to county office your ultimate guide to local government services and public records let's get started what is corporate assignment of mortgage a corporate assignment of mortgage occurs when a mortgage lender transfers its interest in a mortgage to another entity this is often done for administrative or financial reasons the original lender known as the assigner transfers the mortgage to another entity known as the asse the asse then gains all the rights and obligations associated with the mortgage this process is common in the secondary mortgage Market where mortgages are bought and sold between financial institutions it helps in maintaining liquidity and managing risk within financial markets the assignment must be documented in writing and typically recorded with the county record's office where the property is located this ensures that the public records reflect the new holder of the mortgage the document used for this transfer is known as an assignment of m

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