My grandma is 79 years aged as well as she was in the routine of removing her debt remuneration lowered given she pays $3,000 the month upon the non-static rate. This was 3 months ago. Now given Indy Mac Bank has left under, can any one envision what will happen?
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1 comment so far ↓
If she was still in the process of the loan application, they will not fund the loan. If the loan funded prior to Fed’s taking over, she will receive a notice on who will be taking over the mortgage. She will owe the money to some company, it doesn’t just go away. The new company must abide to the note that your grandmother signed, they can’t change the terms.