Assignment of Mortgage form is standard Easy Agreements form which is used to assigning the right to collect on a mortgage owed to a third party. An assignment of mortgage is a written contract which describes 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. When someone has what is known as an assumable mortgage, it is possible for the borrower to transfer the mortgage to another person, in which case an assignment of mortgage will need to be filed to record the transaction.

In the United states, an Assignment of Mortgage form is simply a contract whereby the entity (Assignor) transfers legal title, as well as custody and control of its property, to a third party (Assignee) in trust, to apply the proceeds of sale to the assignor's creditors in accord with priorities established by law.

This DIY Assignment of Mortgage form describes all the terms and conditions which are considered to be necessary during such type of contracts.

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