What happens in most cases in Canada, when a mortgagee sells a mortgage and assigns it to a new mortgagee? Question 42 options: to garner a higher price of the mortgage, the seller of the mortgage will guarantee payment of the mortgage should the mortgagor default the new mortgagee takes on the risk that the mortgagor will default, but this helps keep the price of the mortgage lower the mortgagor assigns its rights to the covenants made by the borrower and grants its interest in the land to the assignee of the mortgage the mortgagor files a court injunction prohibiting the sale of the mortgage