Mortgage Servicing

What's a Mortgage Servicer?

The servicer is the company that actually takes care of your mortgage account.

How Do I Find Out Who Holds My Mortgage?

Here's how to find out who owns your mortgage and who services it.

What Is MERS?

MERS is a company that the lending industry created to register and track assignments of mortgages and servicing rights, thereby avoiding the costs associated with having to record each loan transfer.

The Difference Between a Mortgage Servicer and a Foreclosure Trustee

Learn the difference between a mortgage servicer and a foreclosure trustee.

What is a notice of servicing transfer?

When you get a notice of servicing transfer, it means your loan servicer is changing.

120-Day Foreclosure Prohibition: Breaches Other Than Non-Payment

The federal 120-day foreclosure restriction applies to both payment-related breaches and non-payment related breaches of the mortgage contract.

Qualified Written Requests in Foreclosure: The Mortgage Servicer's Duties

The Real Estate Settlement Procedures Act (RESPA) was primarily designed to ensure that consumers in real estate transactions receive timely information about the costs of the settlement process, b

What Is a Mortgage Servicer & Who Is My Mortgage Servicer?

Mortgage servicers handle the day-to-day management of loan accounts.

What Happens If My Mortgage Is Sold to a New Owner or the Servicer Changes?

Dealing with the transition when your lender transfers your home loan to a new owner or servicer.

How and when must the mortgage servicer notify me of payment changes on my adjustable rate mortgage?

Learn about notification rules for payment amount changes on adjustable rate mortgages.

Does My Loan Servicer Have to Comply With Federal Mortgage Servicing Rules?

Most servicers have to follow federal mortgage servicing laws. Some “small servicers” are exempt, though.