Thread: what happen if my mortgage bank is bankrupt ?
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krw[_3_] krw[_3_] is offline
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Default what happen if my mortgage bank is bankrupt ?
In article 059427e1-eb7a-47f5-95c2-
,
says...
Hi All,
I have a 15 year morgtage with "Washington Mutual".

My question is what happen if that company is going bankrupt ? Would
there be any problem with my existing mortgate ?

It will have no effect on you, other than who services the loan (and
perhaps how). To you, it's no different than someone buying the
loan from WM. There is a good chance that someone already has.

--
Keith
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