Selling Your Mortgage to a new company
Facts about Mortgage Servicing, courtesy of the Federal Trade Commission
You usually must be notified at least 15 days before your loan servicing is transferred to a new servicer.
During a 60-day grace period, you cannot be charged a late fee if you mistakenly send your mortgage payment to the old servicer and the new servicer […]

We monitor customer trends for possible violations of Regulation Z and other possible illegal actions.