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Notice of assignment

Alzone · 2019-10-04 22:27:07

Hi all, We have our mortgage with a bank since more than 8 months and only now they are asking us to sign the notice of assignment. Not sure what did we risk for all that time without it and is there anything to look out for? Or is a switch from another bank we did 8 months ago. Thanks

04-10-2019 11:27pm

#1

Alzone

Registered Users, Registered Users 2 Posts: 60 ✭✭

Join Date: July 2010

Posts: 43

Hi all,

We have our mortgage with a bank since more than 8 months and only now they are asking us to sign the notice of assignment. Not sure what did we risk for all that time without it and is there anything to look out for? Or is a switch from another bank we did 8 months ago.

Thanks

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Comments

#2 08-10-2019 12:46pm

Henry Ford III

Moderators, Business & Finance Moderators Posts: 17,735 Mod ✭✭✭✭

Join Date: January 2006

Posts: 17405

No additional risk. They are slow but are simply perfecting their security.

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