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However, by assigning the loan the mortgage company will free up capital. This allows the original lender to make more loans and generate additional origination and other fees. At closing, borrowers sign a document granting the original lender the right to assign the mortgage elsewhere.
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Jun 1, 2023 — This is our full library of mortgage forms. To find the form you need, filter by program or search by keyword. Each document is accompanied by an Instructions document providing: the latest revision date for the document;; the document's purpose and the type of mortgage ... If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such ... In this form the Mortgagee/Lender assigns an existing mortgage to another party, this is often performed when loans are sold. Document is signed by current ... NOTICE: This opinion is subject to motions for rehearing under Rule 22 as well as formal revision before publication in the New Hampshire Reports. This case poses a question of statutory interpretation: what is the meaning of the term “mortgagee” in N.H. Rev. Stat. Ann. Uniform Instruments are the Fannie Mae/Freddie Mac and Freddie Mac Notes, Riders, and Security Instruments (Deeds of Trust and Mortgages) used when originating ... This form applies to: New Jersey. Forms by State or Territory. If this Company shall claim that no liability existed as to the mortgagor or owner, it shall, to the extent of payment of loss to the mortgagee, be subrogated ... Legal Documents: The term includes the note, mortgage, assignment of mortgage and loan title insurance policy and any other such documents required by New ...
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