Assignment of Rents
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
A written agreement wherein the owner of a property gives another party, such as the mortgagee or creditor, the right to collect rents, manage the property, pay expenses, and apply the net income toward delinquent mortgage payments.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 1–3
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