Hi takeninmichigan,I am so confused. I have been looking for over a week for the trust my loans are in. We have a 30 year fixed and easy first mortgage that was sold to fannie Mae and the second is a 15 year balloon with New York Bank of Melon (I didn't know they were splitting my loan in half until I got to closing and was put on the line.... and I had already put money into the home).
Anyway, this was in MARCH 16, 2007. I have spent numerous days and nights looking. I called bank of America and they would NOT tell me... they played stupid. Can anyone please help this Michigan who is not so good at figuring this all out?
The simplest way to cut to the chase might be to send a Qualified Written Request (QWR) under RESPA or a validation of debt letter under the Fair Debt Collection Practices Act (FDCPA) requesting information on your investor. There are examples of either type letter available through a google search, i.e., what you need to state in the letter to make it fall into either of those categories so the bank is obligated to respond. In some cases searching blind for your trust can be a needle in the haystack effort. Occasionally - though uncommonly - a loan's origination date doesn't correspond to the trust's date for various reasons.