meeting client

What to Tell Clients When Their Mortgage is Sold

As you probably know, Federal banking laws allow banks and other financial institutions to sell both the mortgages they originate and/or the “servicing rights” for a mortgage to other institutions. “Servicing rights” refers to the company that actually collects mortgage payments and distributes the money to the mortgage holder, insurance company, etc. Why mortgages and servicingContinue Reading…