Your mortgage servicer might not be the same company that initially gave you your home loan. Learn the difference between a lender and a servicer—an
... read more
Your mortgage servicer might not be the same company that initially gave you your home loan. Learn the difference between a lender and a servicer—an
... read more
If you breach (break) important provisions in your mortgage agreement, like failing to pay your property taxes, you might face a foreclosure. ... Read more
Private mortgage insurance (PMI) protects lenders; mortgage protection insurance (MPI) is for borrowers who can’t make their mortgage payments for certain reasons. ... Read more
Learn about your rights if you inherit a mortgaged home or get ownership of the property through a divorce or other intra-family transfer. ... Read more
Your mortgage servicer might not be the same company that initially gave you your home loan. Learn the difference between a lender and a servicer—and why the distinction is significant. ... Read more
A mortgage and a deed of trust are similar because they're both agreements in which a borrower puts up the title to real estate as security (collateral) for a loan. ... Read more
If you fail to make your mortgage payments and the bank starts a foreclosure, you’ll likely incur a variety of fees and costs in the process. ... Read more
What Is MERS?
by Amy Loftsgordon, Attorney · University of Denver Sturm College of Law
MERS, a company the mortgage banking industry created, eliminates the need for a recorded assignment when a loan is bought and sold. ... Read more