Notice of Assignment Mortgage Loans

NOTICE OF ASSIGNMENT, SALE, OR TRANSFER OF

SERVICING RIGHTS, MORTGAGE LOANS

 

Borrower _________________        Borrower _____________________

Borrower _________________        Borrower _____________________

Bank Name ________________       Closing Date ___________________

You are hereby notified that the servicing of your mortgage loan, that is, the right to collect payments from you, is being assigned, sold, or transferred from __________________ to ______________________, effective , 20__ .

The assigmnent, sale or transfer of the servicing of the mortgage loan does not affect any term or condition of the mortgage instruments, other than terms directly related to the servicing of your loan.

Except in limited circumstances, the law requires that your lender send you this notice at least 15 days before the effective date of transfer, or at closing. Your new servicer must also send you this notice no later than 15 days after this effective date or at closing. In this case, all necessary information is combined in one notice.

Your lender is: _____________________________.

If you have any questions relating to the transfer of servicing from your lender call between _____ a.m. and ______ p.m., Monday through Friday. This is a

(__) Toll Free number

(__) Collect number

Your new servicer and its business address are:

 ________________________________

________________________________

________________________________

The toll free number of your servicer is 1-800- ______.

If you have any questions relating to the transfer of servicing to your new servicer call:

Department: Customer Service

Phone: ________________________

between ______ A.M. and ______ P.M. Monday through Friday.

State Specific Real Estate Forms

–For State Specific Real Estate Forms you can download in Word format, go to http://www.uslegalforms.com/realestate/


Inside Notice of Assignment Mortgage Loans