OMG. I stand corrected.
When I got my mortage, I was told that Chase did not sell their mortgages on the secondary market. I just called and asked them, and the nice man told me that the investor on my mortgage is... drum roll... Fannie Mae.
I will now go jump off a bridge.
Yeah. When we bought in 07 we made a point of NOT going with Bank of America because we had them on our other mortgage. Not having a clue about what was brewing we went to Countrywide. They had a local office and the girl that helped us was a sweetheart. Still ended up with BofA as a the servicer and Freddie Mac as the investor.
There’s a whole lot of people out there that have no clue who the payments actually go to.
Hello from the Olympic peninsula.