ANSWERS: 2
  • G'day Pegmbennett, Thank you for your question. Your loan is still an asset. As such, it would be sold to another company and you would have to make payments to them. I would speak to a lawyer about the details of your situation. Regards
  • i would think that if your original mortgage company files. Your loan would be sold to new lender and you would just pay new lender. at same rate as your oringinal mortgage contract. I dont believe that a new lender can ajust rates or change payments.

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