Can my mortgage company sell my loan? Why do they do it?
Most mortgage notes have a provision permitting the sale of the loan. The loans are sold to investors and this in turn provides the liquidity necessary for funding additional mortgages.
Back Contact: Consumer Representative Phone: 1 800 334 3360 or Fax: 1 212 618 6570
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Can my mortgage company sell my loan? Why do they do it?
Most mortgage notes have a provision permitting the sale of the loan. The loans are sold to investors and this in turn provides the liquidity necessary for funding additional mortgages.