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US Legal Forms
Localized Forms
Texas
Fort Worth
Notice of Assignment...

Fort Worth Texas Notice of Assignment, Sale, or Transfer of Servicing Rights, Mortgage Loans

Category:

Loans and Lending - Real Estate

State:

Multi-State

City:

Fort Worth

Control #:

US-37006-C

Format:

Word;

Rich Text

Instant download

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Description

This form notifies a borrower that the servicing of his/her mortgage loan is being assigned, sold, or transferred to a new lender.

Free preview

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Interesting Questions

Can I refuse the transfer of my mortgage servicing rights?

Unfortunately, you can't refuse. It’s a standard practice in the industry. Just think of it like a game change; you have to roll with the punches.

Do I need to do anything when I get this notice?

Usually, there's not much you need to do. Just make sure to keep your records up to date and follow any instructions provided in the notice.

How will I know if my servicing rights have been transferred?

You should receive a written notice in the mail. It’s like getting a heads-up about the new players on your team!

Why would my mortgage servicing rights change?

These changes can happen for various reasons, like a company selling its servicing department or merging with another company. It's all part of the business landscape.