Page 72 - ALTA Endorsements Guide
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ALTA ENDORSEMENT RETURN TO TABLE OF CONTENTS
ALTA 10.2
Collateral Assignment
The ALTA 10.2 is designed to address collateral assignments of an Insured Mortgage and insures the
collateral assignee of record against loss sustained by:
1. Failure of the collateral assignment document to properly transfer title; and
2. The existence of a prior modification, partial or full reconveyance, release, or discharge of the
Insured Mortgage recorded in the Public Records on or prior to the Date of Endorsement, other
than those shown in the policy or a prior endorsement.
This endorsement is available for loan policies only.
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