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Who owns my mortgage?

I spotted this great PR today on AP basically pointing out that not many of us actually know who owns our mortgage anymore.

With the subprime mortgage shakedown almost old news this article sure does give some food for thought. Until recently I’d always assumed that the company that sold me my mortgage had a big part to play in looking after it . . . however that doesn’t seem to be the case because there are so many people involved in the mortgageing process.

Over the next few weeks I’m going to take a more in depth look at the mortgage process from start to finish . . . hold tight.

Posted: 09/10/2008 17:10:10 by Global Administrator | with 0 comments
Filed under: mortgage commentary, mortgage process, mortgage securitization

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