3 ms·

The worst part of this whole system is the complete opacity about what company will actually service the mortgage after you finish signing. As it turns out, som

The worst part of this whole system is the complete opacity about what company will actually service the mortgage after you finish signing. As it turns out, some companies provide a much better and more modern servicing experience than others (for example: Chase versus anything Cenlar).

SavantIdiot 5y ago
Other than a crappier website, what difference does the servicer make?
- nmhancoc 5y ago
  How your servicer handles property taxes and escrow can have a material effect on a household’s cash flows. Often time this is a very negative effect.
- drdec 5y ago
  A servicer's records are probably your best defense against a robosigned foreclosure.