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Mortgage payment question - Servicing recently bought out
Posted on 12/8/10 at 9:46 am
Posted on 12/8/10 at 9:46 am
My roommate (the homeowner) received a letter last month that his mortgage servicing was bought out and that November's payment would be the last one made to prior servicing co.
He has not received a bill or other statement for December from NEWCO. The mortgage payment is usually due by around the 16th.
As it is getting close to said usual payment date, what do we need to do to contact NEWCO? Where do we forward payment to? I have tried to google NEWCO but I'm coming up with thousands of potential payment addresses.
TIA for any insight.
LINK
He has not received a bill or other statement for December from NEWCO. The mortgage payment is usually due by around the 16th.
As it is getting close to said usual payment date, what do we need to do to contact NEWCO? Where do we forward payment to? I have tried to google NEWCO but I'm coming up with thousands of potential payment addresses.
TIA for any insight.
LINK
3
Posted on 12/8/10 at 9:54 am to TheFranchise
I'd call them ASAP. If they don't ever contact you they are probably disorganized enough to really mess things up if you skip some payments.
Posted on 12/8/10 at 9:59 am to TheFranchise
Usually the old company will have the phone number for the new company. When a loan transfers the new company can not charge late charges for 60 days and report any negative credit reporting. If you call the new company, they might not have the loan on their system until December 1st if that is the actual transfer date. The old company should send a good bye letter and the new company a hello letter.
Posted on 12/8/10 at 10:49 am to TheFranchise
Contact OLDCO, they should have the number for NEWCO.
Posted on 12/8/10 at 10:58 am to foshizzle
found a number for MetLife, turned out to be the right one by happenstance.
got it done. thanks for the help.
got it done. thanks for the help.
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