Banks and the Foreclosure Process

Did you know that the bank where you got your home loan probably sold it as soon as you closed to another financial institution which packaged it into mortgage backed security sold security investors. So, in other words, you might have taken a loan from Bank A, but that doesn’t mean that Bank A holds the note when you are unable to pay, that’s the beginning of the confusing foreclosure process.

Have you been involved in a bank foreclosure process and do not know where to turn? Give us a call today to speak about your financial needs, and see if bankruptcy is right for you.

Leave a Reply