Park County Assignment of Mortgage Form

Additional Wyoming and Park County documents included at no extra charge:

Where to Record Your Documents

---

Cities and Jurisdictions in Park County

Properties in any of these areas use Park County forms:

• Cody
• Frannie
• Meeteetse
• Powell
• Ralston
• Wapiti
• Yellowstone National Park

---

Use this form to assign all rights from a previously recorded mortgage to another entity/assignee. This is frequently done when a mortgage has been sold. (The county clerk shall not record any document until the address of the grantee, mortgagee or assignee of the mortgagee is furnished to the county clerk) (WS 34-1-119)

Current Borrowers must be notified of the assignment. Notification consists of contact information of the new creditor, recording dates, Wisconsin recording numbers, changes in loan, etc. Included are "Assignment of Mortgage Forms".

(The recording of the assignment of a mortgage, shall not in itself, be deemed notice of such assignment to the mortgagor, his heirs or personal representatives, so as to invalidate any payment made by them or either of them to the mortgagee.) (WY, 34-1-128. Recorded 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.


(Wyoming AOM Package includes form, guidelines, and completed example)
For use in Wyoming only.

Important: Your property must be located in Park County to use these forms. Documents should be recorded at the office below.

This Assignment of Mortgage meets all recording requirements specific to Park County.

Our Promise

The documents you receive here are guaranteed to meet or exceed the applicable Park County recording format requirements. If there is a rejection caused by our formatting, we will correct the issue or refund your payment. This guarantee applies to document formatting only and does not extend to information entered by the user, the selection of the form, or the legal effect of the completed document.

Save Time and Money

Get your Park County Assignment of Mortgage form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

4.8 out of 5 - ( 4717 Reviews )