Do you know who owns your mortgage? Did you know that the company that owns your mortgage and the one that services it may not be the same? While knowing who owns your mortgage may not be something everyone needs to know, if you ever have a question about the note or deed of trust, you’ll need to Read more
Tips for Getting Around the Mortgage Lender Runaround
Once you have a mortgage, you want to know that your loan servicer will respond to your inquiries or requests. Unfortunately, that’s not always the case. Thousands of complaints are filed against mortgage lenders every year for lack of communication and/or help with their situation.Get Matched Read more
HUD’s Guide for Homeowners to Successfully Avoid Foreclosure
Last December, the Housing and Urban Development made public a Homeowner’s Guide to Success for mortgage borrowers struggling with their mortgages and in danger of losing their homes to foreclosure.This guide for homeowners emphasizes that expert help is available, at no cost even, at the onset Read more
What Is a Mortgage Servicer and It Does What?
It’s a common belief that the company that originated your home loan is the same entity accepting payments on it. This may be the case for some mortgage lenders, e.g. big banks with a loan servicing division. Otherwise, mortgage loans are managed on a daily basis by another entity called the Read more
