When purchasing your home, you likely shopped for the lender that would provide you with the most favorable terms for your mortgage loan. While you may have found the perfect lender, it is quite typical for your mortgage loan to be bought and sold on the secondary market. As a result, you receive a letter informing you of the transaction along with new instructions detailing where your monthly payments should be sent. But, the fun does not stop there. Your loan could then be bundled with thousands of others to be serviced by another loan servicing company. If so, you will receive yet another letter with new instructions. Read the article…………..
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