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Question
Jo is duly notified that her mortgage with Fund All Savings has been transferred to Big Loan Co. and that she should henceforth pay Big Loan Co. Jo continues to pay Fund All Savings and Big Loan Co. sues Jo for nonpayment. Which of the following is most likely to be the court's judgment?
A. Jo is not liable to Big Loan Co. since she has already paid to Fund All Savings.
B. Jo is liable to Fund All Savings and to Big Loan Co. since her mortgage has been transferred.
C. Jo is liable to Fund All Savings since her mortgage was processed by them.
D. Jo is liable to Big Loan Co. since she received a notice from them about the assignment.
Answer
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