Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application?
During my application for modification or refinancing program to get a lower rate, after 4 month
back and forth with paper work, without any detail explanation, the letter said I was not qualified
I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing.
Two month later our mortgage was sold to LBPS/Seterus a motrgage service company.
Answer by A Hunch
Seturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner.
Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too?
Add your own answer in the comments!
No. You agreed to potentially having the mortgage sold when you signed your closing documents. Go back and read them.
They are entitled to sell your mortgage at any time they choose, read your paper work.