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What are Mortgage Assignments?

What are Mortgage Assignments?

The transfer of a registered security from one owner to another. It’s a written document by which property, other than real property, is transferred from one person to another.   This document is the owner’s ownership rights of a mortgage on a property.  Assignments get recorded in the county land records.

The Assignment Chain, is all the lender mortgage assignments on a common loan, recorded in the county land records on a particular property.