Damus
Doug Wilson · 9w
Niche question for home owners in the United States: Our home mortgage was just sold to *yet another* company for the fourth time in the past eight years. Is this normal? I understand that compani...
Kent Lew profile picture
@nprofile1q... I am not a lawyer, but the terms of the mortgage itself should not change, because that is contractual — i.e. interest rate, period/term, etc. What I believe can change are details of the mortgage *servicing* — payment due dates, late fees & penalties, how much escrow is required for prop taxes, etc. But yeah: capitalism.
1
Doug Wilson · 9w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqaz06pe0rpdm5nmrw4s4cpn0lfqh6e2tluteq5h5d59dnx0thcz9q228kyx Correct and nothing is changing on my part, but I just feel the undercurrent of everyone making money on my mortgage except for me and while I pay so my interest I want to cry.