If my mortgage lender goes bust, who do I owe money to?
Written By: admin on August 20, 2009
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Just with all this banks getting it incorrect it got me thinking. Take any mortgage lender, what will happen if they get it incorrect and go down, and in event of nobody offering to buy them? What happens with my mortgage? Who do I owe the money to?
In event of the bank being bought, do I keep the same terms with the new owner or is the contract void?
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