What is the name of your state? Florida
We had a 15 year mortgage with a balloon payment at the end. I continuted making payments until October 2006 when I became unemployed. Because I was not getting phone calls (cancelled my house phone) the mortgage company sold my mortgage to a "we buy houses" company.
What are my rights? I have not been notified by mail by the mortgage company (except for a demand for payment in November.) Can the new guy forclose on my home or change the terms of the note?
Can he demand payment in full without a grace period?