Hans is notified that her mortgage with Omer Bank has been transferred to Grate Loan Co. However, Hans made his mortgage payments in full one day before receiving the notice. Omer Bank, however, argues that at the time of the assignment, Hans had not made the mortgage payment, and hence has to make payments to Grate Loan Co. Which of the following is true of this situation?
A) Hans is not liable to Grate Loan Co. since he has already paid to Omer Bank.
B) Hans is liable to Grate Loan Co. since his mortgage has been transferred.
C) Hans is not liable to Grate Loan Co. due to the rule of mirror image.
D) Hans is liable to Grate Loan Co. since they sent him the notification of the assignment.
E) Hans is liable to Grate Loan Co. since he was an obligor to Omer Bank at the time of the assignment.
Correct Answer:
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