What to do if your mortgage is sold to another lender #Realestate

The practice is very common, and such transfers normally take place without a hitch. But you need to make sure the rightful loan servicer receives your payments. It's the mortgage market's equivalent of a Dear John letter: "Goodbye. We've sold your loan to another lender."

Filed under: Current Events, LA Area, Real Estate Market, Selling, Tax Issues

One Response to “What to do if your mortgage is sold to another lender #Realestate”

1. Get A Mortgage With Good Or Bad Credit, on July 17th, 2010 at 12:38 AM Said:

   Being that we already happen to be talking about things in the ball park of Visionary Realty News » What to do if your mortgage is sold to another lender #Realestate, The disadvantage of this type of loan is that you must be prepared for your monthly repayments to rise and fall. A good starting point when buying property and deciding upon a mortgage is to think about how you expect the economy to perform in the next few years.

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