Question

Norbert receives an official-looking written notice which states that Mountain Mortgage Inc., from whom he had borrowed money to purchase his house, has assigned Walter all rights to receive payment and that Norbert should make all future mortgage payments to Walter. Discuss Norbert's rights and duties.

Answer 1

Explanation:Norbert have the right to know who Walter is,he has the right to know the relationship between Walter and mountain mortgage, there should be a legal documentation where mountain mortgage, Norbert and Walter must append their signature,Norbert equally has the right to know what prompted this new development with his lawyer involved. If all the aforementioned are settled then his obligation is to comply..