Which party holds the Right to assign in mortgage rights?

• A. Mortgagee
• B. Mortgagor
• C. Lender's attorney
• D. Property owner

Answer: (A)

The right to assign the mortgage rests with the party that holds the loan itself—the mortgagee. This is the lender who owns the note and the mortgage securing it. That holder can transfer or assign those rights to another party, such as another lender or investor, effectively transferring who collects payments and enforces the mortgage. The borrower (mortgagor) does not have the authority to assign the lender’s rights; their role is to repay and maintain the property, not to transfer the loan terms to someone else. The lender’s attorney serves as counsel for the mortgagee and handles legal actions on behalf of the lender, but does not own or independently grant the right to assign the mortgage. The property owner may be the mortgagor or someone with an interest in the property, but they do not control the mortgage rights unless they are also the lender.