My Account Deeds.com Real Estate Deeds

Ohio Notice of Assignment of Mortgage

The Truth and lending act requires that borrowers be notified when their mortgage debt has been sold, transferred, or assigned to a new creditor. It is the responsibility of the new creditor to notify the borrower(s) within 30 days to avoid up to $2,000.00 in statutory damages, plus reasonable attorney's fees. Systematic violations can reach up $500,000.00.

Section 404 of the Act amends Section 131 of "Truth in Lending Act" to add a new subsection (g) which provides that, in addition to other disclosures required by the TILA, not later than 30 days after the date on which a mortgage loan is sold or otherwise transferred or assigned to a third party, the creditor that is the new owner or assignee of the debt shall notify the borrower in writing of the transfer. The notice must include the identity, address and telephone number of the new creditor; the date of the transfer; how to reach an agent or party having authority to act on behalf of the new creditor; the location of the place where transfer of ownership of the debt is recorded; and any other relevant information regarding the new creditor.

For use in Ohio only.

Deeds.com Ohio Notice of Assignment of Mortgage Forms Have Been Updated as Recently as Tuesday March 30, 2021

4.8 out of 5 (2852 Reviews)

What others like you are saying:


Jackson J. said: Thank you for your help the website is simple and easy to use and dealing with this county for the 1st time there were a few things i was not too sure about but your staff was prompt and responsive and anytime there was a glitch we were promptly able to resolve the issue until the deed was accepted and recorded by the county great service thanks again.

Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Lesa F. said: Excellent service for recovering a couple of deeds that had been misplaced. They were fast and efficient at a fair price. I would definitely use them again.

Reply from Staff: Thank you!


Robert C. said: Amazingly easy process and excellent response time - very impressed!

Reply from Staff: Thank you!


Robert C. said: Great service! Easy to navigate and the instructions were perfectly understandable.

Reply from Staff: We appreciate your business and value your feedback. Thank you. Have a wonderful day!


Robert B. said: Very easy to use.

Reply from Staff: Thank you for your feedback. We really appreciate it. Have a great day!


Donald S. said: Good

Reply from Staff: Thank you!


Ohio Notice of Assignment of Mortgage Form