Maybe I missed something but I never received any notice from my original mortgage lender that my mortgage was sold. Maybe that is better since the new "owner" may be a pool of investors.
As to notification my experience was the buyer sent the notice listing the original creditor name. Requiring the seller and buyer to send a notice would cause consumer confusion.
RBell
1
Maybe I missed something but I never received any notice from my original mortgage lender that my mortgage was sold. Maybe that is better since the new "owner" may be a pool of investors. As to notification my experience was the buyer sent the notice listing the original creditor name. Requiring the seller and buyer to send a notice would cause consumer confusion.
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