I received the following in the snail mail:
"Account ending in: xxxx
Date of Loan: xx/xx/xxxx
Original Amount of Loan: $000,000
Mortgage Property Address: 1313 Mockingbird Lane Delusionville, WA
Subject: Notice of new creditor
We are sending you this Notice in accordance with the requirements of the "Helping Families Save Their Homes Act of 2009." Your mortgage loan (referenced above) has been sold or transferred to JPMorgan Chase Bank, N.A. ("Chase"). Chase is the new creditor of your loan.
*This Notice is for informational purposes only.
*You are not required to take any action as a result of this Notice.
*This Notice does not affect the servicing of your mortgage loan or change your servicer. Please continue to make payments on your mortgage loan to your current servicer at the same address to which you were instructed by your servicer to make payments (unless or until you are advised differently by your servicer). Any mortgage payments that are not timely sent to your servicer may result in late fees and other charges.
*This Notice does not affect your enrollment or participation in any Services or Programs offered through Chase."
On the reverse side it gives the info (paraphrased) about the (1)"New Creditor", (2) the date of sale to the "New Creditor", (4)the entity acting as agent for the "New Creditor" then below are the last 2 items listed:
"(4) Evidence of transfer of ownership of your mortgage loan or the instrument securing your mortgage loan is recorded in the land records of the country in which the mortgaged property is located."
(5) Any investor or creditor that purchases your loan is required under federal law to give you written notice. If you have questions concerning this Notice please feel free to contact us at:" 1-800-CHASE-SUX
Why would Chase sell it to itself? Is this weird or am I just paranoid since I am still under the automatic stay until mid-March.
"Account ending in: xxxx
Date of Loan: xx/xx/xxxx
Original Amount of Loan: $000,000
Mortgage Property Address: 1313 Mockingbird Lane Delusionville, WA
Subject: Notice of new creditor
We are sending you this Notice in accordance with the requirements of the "Helping Families Save Their Homes Act of 2009." Your mortgage loan (referenced above) has been sold or transferred to JPMorgan Chase Bank, N.A. ("Chase"). Chase is the new creditor of your loan.
*This Notice is for informational purposes only.
*You are not required to take any action as a result of this Notice.
*This Notice does not affect the servicing of your mortgage loan or change your servicer. Please continue to make payments on your mortgage loan to your current servicer at the same address to which you were instructed by your servicer to make payments (unless or until you are advised differently by your servicer). Any mortgage payments that are not timely sent to your servicer may result in late fees and other charges.
*This Notice does not affect your enrollment or participation in any Services or Programs offered through Chase."
On the reverse side it gives the info (paraphrased) about the (1)"New Creditor", (2) the date of sale to the "New Creditor", (4)the entity acting as agent for the "New Creditor" then below are the last 2 items listed:
"(4) Evidence of transfer of ownership of your mortgage loan or the instrument securing your mortgage loan is recorded in the land records of the country in which the mortgaged property is located."
(5) Any investor or creditor that purchases your loan is required under federal law to give you written notice. If you have questions concerning this Notice please feel free to contact us at:" 1-800-CHASE-SUX
Why would Chase sell it to itself? Is this weird or am I just paranoid since I am still under the automatic stay until mid-March.
Got to love family feuds
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