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View Diary: TAKE ACTION: BANK TRANSFER DAY, NOVEMBER 5TH (17 comments)

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  •  You have to ask your CU (1+ / 0-)
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    lgmcp

    Some sell their mortgages, some sell the loan and retain servicing (which is just fine), some keep the loan in portfolio and service it.

    It depends on a number of factors - the length of the loan, your credit rating, the rate and how it factors into that institution's asset-liability plan.

    They always say time changes things, but you actually have to change them yourself. - Andy Warhol

    by 1864 House on Thu Oct 13, 2011 at 10:22:47 AM PDT

    [ Parent ]

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