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Old 09-26-2008, 04:08 PM   #15 (permalink)
The_Jazz
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Quote:
Originally Posted by Rekna View Post
Here is a question for you. If the lender holding my mortgage goes under hat happens to my mortgage?
-----Added 26/9/2008 at 08 : 08 : 56-----
Quote:
Originally Posted by Rekna View Post
Here is a question for you. If the lender holding my mortgage goes under hat happens to my mortgage?

It is an asset of the bank that will be sold to pay off the debt. You'll still owe under the same terms but will be paying someone else.
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Last edited by The_Jazz; 09-26-2008 at 04:08 PM.. Reason: Automerged Doublepost
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