Everything You Need To Know About Mortgages

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Mortgage Originator

May 20th, 2005 by admin



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if my mortgage originator sell my loan to a third party , How can the orignator foreclose ?

My loan was sold to fannie Mae, Fannie mae owns the loan, How can my bank now foreclose if they don’t own the loan?

Because they still service the loan. They foreclose as agent for Fannie.

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