Comments on: Guest Post: My lender is toast- do I need to pay my mortgage now, and to whom? http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Mon, 09 Nov 2009 22:42:54 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: cateyes http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/comment-page-1/#comment-5980 cateyes Thu, 25 Oct 2007 09:19:49 +0000 http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/#comment-5980 Sorry, made mistake, First Magnus is Bankrupt. Sorry, made mistake, First Magnus is Bankrupt.

]]> By: cateyes http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/comment-page-1/#comment-5979 cateyes Thu, 25 Oct 2007 09:18:15 +0000 http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/#comment-5979 What if a company sells you heloc to a company who has gone bankrupt. I got a letter from Countrywide Mortgage stating that my mortgage had been sold to First Mangus. This corp is not bankrupt. Countrywide gave me a address to sent my payment and a phone number to contact them. I sent my payment certified and did not receive the confirmation back that they received it, however it was cashed. I also have not gotten any notification from First Magnus that they now own my mortgage. I have tried to contact them but the number Countywide gave me does not work. I found the correct number tried to contact First Magnus but no one has returned my phone call. It has been over 30 days since I got the notice from Countrywide. What to do..... What if a company sells you heloc to a company who has gone bankrupt. I got a letter from Countrywide Mortgage stating that my mortgage had been sold to First Mangus. This corp is not bankrupt. Countrywide gave me a address to sent my payment and a phone number to contact them. I sent my payment certified and did not receive the confirmation back that they received it, however it was cashed. I also have not gotten any notification from First Magnus that they now own my mortgage. I have tried to contact them but the number Countywide gave me does not work. I found the correct number tried to contact First Magnus but no one has returned my phone call. It has been over 30 days since I got the notice from Countrywide. What to do…..

]]> By: John M http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/comment-page-1/#comment-4011 John M Wed, 12 Sep 2007 14:25:55 +0000 http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/#comment-4011 Our colleague Paul Jackson from Housing Wire has an important related article on American Home Mortgage's difficulties servicing their mortgages. Our colleague Paul Jackson from Housing Wire has an important related article on American Home Mortgage’s difficulties servicing their mortgages.

]]> By: Kelly Kilpatrick http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/comment-page-1/#comment-3996 Kelly Kilpatrick Wed, 12 Sep 2007 03:48:27 +0000 http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/#comment-3996 You raise an excellent point that borrowers could be targets for unscrupulous scammers. Another great reason to keep those closing docs filed away in a place where you can located them quickly - not your offsite storage facility. You raise an excellent point that borrowers could be targets for unscrupulous scammers. Another great reason to keep those closing docs filed away in a place where you can located them quickly – not your offsite storage facility.

]]> By: Erin http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/comment-page-1/#comment-3993 Erin Wed, 12 Sep 2007 00:19:20 +0000 http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/#comment-3993 I'm sure there are a lot of people who dream of not having to pay their mortgage if their lender goes bankrupt. But nothing's free, is it? I’m sure there are a lot of people who dream of not having to pay their mortgage if their lender goes bankrupt. But nothing’s free, is it?

]]> By: theMortgageBrat http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/comment-page-1/#comment-3989 theMortgageBrat Tue, 11 Sep 2007 20:14:19 +0000 http://blownmortgage.com/2007/09/11/guest-post-my-lender-is-toast-do-i-need-to-pay-my-mortgage-now-and-to-whom/#comment-3989 We recently posted an article on this topic. But the short of it is: If you?re thinking that having your mortgage company/servicer file for bankruptcy gives you a reprieve from having to pay your monthly mortgage payments ? THINK AGAIN. You can check out the entire post: Can I stop making my mortgage payments if my lender goes bankrupt? at http://www.themortgagebrat.com/?p=171 We recently posted an article on this topic. But the short of it is: If you?re thinking that having your mortgage company/servicer file for bankruptcy gives you a reprieve from having to pay your monthly mortgage payments ? THINK AGAIN.

You can check out the entire post: Can I stop making my mortgage payments if my lender goes bankrupt? at http://www.themortgagebrat.com/?p=171

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