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Louisiana Assignment of Mortgage by Individual Mortgage Holder Form

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Louisiana Assignment of Mortgage by Individual Mortgage Holder 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 assignment of mortgage an an assignment of mortgage is when a lender transfers the mortgage to another party this transfer includes the debt obligation and the right to collect payments the new party becomes the mortgage holder and can enforce the terms of the original mortgage this process is often recorded in public land records to make it official assignments are commonly used in the mortgage industry when loans are bought and sold between lenders it is crucial for borrowers to be informed of any mortgage assignments to ensure they are aware of who owns their loan and where to make payments all1 to learn more check out these links which you can click in the description below and feel free to comment your questions we're here to help thanks for tuning in to our video please like And subscribe and leave a comment below see you in the next video [Music]

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