Multistate Fannie Mae Assignment of Mortgage with Property Description — Single Family is a contractual agreement between Fannie Mae and a lender that allows the lender to transfer ownership of a loan to Fannie Mae. The lender assigns the original mortgage note and deed of trust to Fannie Mae, and in exchange, Fannie Mae agrees to service the loan for the remainder of its term. Fannie Mae will also purchase the loan and assume responsibility for all associated costs and obligations, including the management of the loan, collection of payments, and foreclosure, if necessary. The types of Multistate Fannie Mae Assignment of Mortgage with Property Description — Single Family include: 1. Standard Assignment of Mortgage 2. Assumption of Mortgage 3. Release of Mortgage 4. Modification of Mortgage 5. Forbearance Agreements 6. Short Sale Agreements 7. Loan Assumption Agreements 8. Loan Extension Agreements 9. Loan Modification Agreements 10. Partial Release of Mortgage.
Multistate Fannie Mae Assignment of Mortgage with Property Description - Single Family
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