Get Letter to Recording Office for Recording Assignment of Mortgage

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FAQ

It is a notice of recordation by the USPTO. I believe the term is usually used to indicate that the USPTO has received an assignment record and that this is a notice sent from the office to indicate that the office has received the assignment and has recorded it.

To record an assignment or name change, the owner must file a Recordation Form Cover Sheet along with a copy of the actual assignment. A name change does not require that the filer submit proof of name change.

Requests to record assignments are filed on line through the Electronic Trademark Assignment System ("ETAS") using https://etas.uspto.gov/. A trademark applicant can create and submit a trademark assignment recordation coversheet. You must also submit legal documentation to support the assignment.

(A) An assignment can be made of record in the assignment records of the Office as provided for in 37 CFR Part 3. ... See 37 CFR 3.54 and MPEP § 317.03. For a patent to issue to an assignee, the assignment must have been recorded or filed for recordation in accordance with 37 CFR 3.11.

Generally, paper filed assignments are recorded within 30 to 40 days of filing.

The Corrective Mortgage Assignment, referring to the date and recording information of the First Mortgage Assignment, specifically states, "This assignment is being recorded to correct the assignee name of the assignment recorded on 02/19/2014 in BK/PG 8670/2186.

An assignment of mortgage is a document which indicates that a mortgage has been transferred from the original lender or borrower to a third party. Assignments of mortgage are more commonly seen when lenders sell mortgages to other lenders. ... This document indicates that the loan obligation has been transferred.

A mortgage assignment, also referred to as an “assignment of mortgage”, occurs when the lender of the loan transfers their loan obligations to a third party. ... After the transfer, the newer lender essentially “stands in the shoes” of the old lender and assumes the rights and duties associated with the mortgage agreement.

What does assignment mean and why would a lender want to assign a mortgage loan? Assignment gives the lender the right to sell or exchange a mortgage loan to another party. without the approval of the borrower.

MERS's Solution: No More Foreclosures in Its Name Prior to the foreclosure, MERS will assign the loan back to the lender (or the current owner of the loan). In a judicial foreclosure, the lawsuit is then typically filed in the name of the lender or current owner of the loan.