My loan with BOA was sold in November to M&T, and from what I've heard they've been working on the homeowner bailout for quite some time, did my loan get sold simply because they wanted to reduce the # of people they have to refinance? Pissed if that's the case.
fergie,
Welcome to the forum and thank you for joining.........
If you are trying to obtain the HARP refinance for Fannie/Freddie backed loans, you wouldn't have to go through BofA so if the servicing of your loan changed you should still be able to refinance.
Best Regards,
Cat Damiano
LoanSafe.org Moderator
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fergie, i think so. my loan was sold to bofa, and i had told this bank that i wanted a refi bc i was in trouble. why would they buy that loan? got a big discount now want to cash in on me.
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