Here is a great article that does a good basic job of explaining why who you make your mortgage payment to keeps changing. It’s particularly instructive now because it explains briefly why the massive surge of mortgage forbearance’s is threatening the stability of the mortgage market. The bottom line is that a liquid mortgage market where banks and servicers can readily move in and out or mortgage positions results in lower interest rates for you the consumer which we can all get behind. As always reach out to me for questions about this or any real estate related topics.
By Chris Dominick|2020-05-18T16:01:16-04:00May 18th, 2020|
About the Author: Chris Dominick
With 27 years in the real estate industry and a referral based business model, Chris provides unparalleled ability and experience and a laser like focus on providing the most exceptional real estate experience you can imagine. All facets of the transaction, including a roster of elite level service providers, are employed as we see around corners and deliver a smooth and profitable transaction.