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... and then it's very likely that you will end up back with Wells Fargo, since they are one of the few banks that service mortgages. Most finance companies sel
by URSpider94 10y ago
... and then it's very likely that you will end up back with Wells Fargo, since they are one of the few banks that service mortgages. Most finance companies sell your loan shortly after originating it.
- Johnny555 10y agoYep, happened to me -- had a mortgage with WF, refinanced through a broker and had a mortgage at another bank, then 6 weeks later, got a notice saying that WF bought my mortgage, so I was back with WF.
- mahyarm 10y agoCitibank tends to keep the mortgage servicing to themselves. They might sell it to fannie mae or similar but you still deal with them as far as payments go.