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Mortgage Loan sold

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blkimble

Guest
What is the name of your state? Georgia. Is there any way of finding out how much $$ your mortgage loan was sold to a second company :confused: for??
 


HUD-1

Member
I think it would be difficult as they may purchase large "bundles" of loans at one time, not indivividual loans. Even getting the overall percentage paid for the portfolio is tough. They are now most likely concerned with the value of the home and not how much they paid for the right to collect on the loan.
 

nextwife

Senior Member
AS stated, they buy BUNDLES of loans, not individual loans. So there was likely a price paid for a whole portfolio. And the price also varies if it's service released vs. servicing retained.
 

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