Portland Oregon Assignment of Deed of Trust
State:
Multi-State
City:
Portland
Control #:
US-0184BG
Format:
Word;
Rich Text
Instant download
Description
An assignment of a deed of trust is a legal way for a lender to sell a mortgage loan to another lender. Mortgage lenders frequently buy and sell mortgage loans to and from one another. Although these transactions have little practical effect on borrowers, the legal technicalities can appear overwhelming. Most mortgage lenders in California secure the mortgage loan with a deed of trust. An assignment of deed of trust allows that lender to sell the loan to a different lender.
