Assignment of Mortgage – (CLTA 104.8-06, LTAA 1)

Provides coverage to a Lender relating to the validity of an assignment of the insured mortgage, tax or assessment liens or other matters affecting the validity or priority of the lien of the insured mortgage or the insured estate or interest. Expressly excludes loss resulting from lack of possession of the original note secured by the insured mortgage or the absence of proper endorsement to the assignee.

clta104.8-06 CLTA 104.8-06
LTAA 1