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An "assignment" is the document that is the legal record of this transfer from one mortgagee to another. In a typical transaction, when the mortgagee sells the debt to another bank, an assignment is recorded, and the promissory note is endorsed (signed over) to the new bank. What's the difference between a mortgage assignment and an ... - Nolo nolo.com https://.nolo.com › legal-encyclopedia › whats-the-... nolo.com https://.nolo.com › legal-encyclopedia › whats-the-...
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