Who Owns Your Mortgage? And Why Does It Matter? | #realestate #mortgage #loanofficer #buyincaliforniaWho Owns Your Mortgage? And Why Does It Matter? | #realestate #mortgage #loanofficer #buyincalifornia
Your mortgage lender might sell your loan to another investor after you close. This frees up capital for the lender and generates cash through servicing fees. [...]