A.   Transfer of the Mortgagor's Interest ["the equity of redemption"].

• Classroom Diagrams - Transfer of the Mortgagor's Equity of Redemption.
• Note on Mortgage Assumption in Pennsylvania
• Problems — Questions About Transfers of the Equity of Redemption.
• Transferability of equity of redemption under FHA "single family" home mortgages
  24 C.F.R. § 203.41 Free assumability; exceptions - FHA Single Family Mortgage Insurance Program
  24 C.F.R. § 203.258 Substitute mortgagors - FHA Single Family Mortgage
• Outside References

B.  Restrictions on Transfer by the Mortgagor.

C.   Transfer of the Mortgagee's Interest.

• MERS Mortgage Electronic Registration Sysytem, Inc. The Mortgage Electronic Registration System. "MERS was created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper. Our mission is to register every mortgage loan in the United States on the MERSŪ System."

D.  Discharge of the Debt and Mortgage: By Payment or Otherwise.

Pennsylbania's Statutory Requirements of Satisfaction courtesy fo Thomas E. Martin, Jr., Esq. [DISCLAIMER]
• 21 P.S. § 681 Satisfaction of mortgage. [Note: Since July 27, 2001, the Recorder of Deeds of Allegheny COunty, Pennsylvania no longer permits satisfaction on the margin of the record of the mortgage. Most mortgages are now recorded on microfilm rather than in books.]
• 21 P.S. § 682 Penalty fot Mortgagee's failure to satisfy mortgage of record within 45 days after paymetn in full and a demand for satisfaction by the Mortgagor.

E.  Merger, Deed in Lieu of Foreclosure, and Related Problems