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A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]
If you lost mortgage documents in a disaster and don’t have a digital record, contact your mortgage servicer to request copies. For documents like your house deed, you might need to reach out to ...
Mortgage underwriting is the process a lender uses to determine if the risk of offering a mortgage loan to a particular borrower under certain parameters is acceptable. Most of the risks and terms that underwriters consider fall under the three C's of underwriting: credit , capacity and collateral .
Bank of America Home Loans is the mortgage unit of Bank of America.It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion.
If you already have a mortgage and aren’t happy with your mortgage servicer, you can refinance your loan with a different lender who services the loans they generate. Bear in mind there’s no ...
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Shell Point is an unincorporated community in Wakulla County, Florida, United States.Shell Point is located on the northern edge of Apalachee Bay, approximately 30 miles [1] south of Tallahassee.
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