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Notice of Assignment of Mortgage
This
Notice of Assignment of Mortgage will act as official notice to a mortgage borrower that his/her mortgage has been assigned to a new mortgage lender. This notice sets out the name of the borrower, date of the mortgage and its recording information, legal description of the mortgaged property and the name of the new mortgage lender. It also clearly sets forth where all future payments under the mortgage must be sent. Having a written
Notice of Assignment of Mortgage is imperative and will help in avoiding future problems regarding to whom and where to send mortgage payments.
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