Figuring out who owns your loan isn’t always easy. Since you obtained your loan from the original lender, it’s possible that it has been sold multiple times, and the organization to which you send your mortgage payments may not be the loan owner.
Many loans are owned by Freddie Mac or Fannie Mae. To determine whether either organization owns your loan, use the lookup tools provided by Freddie Mac and Fannie Mae.
By searching the Mortgage Electronic Registration Systems (MERS) website, you can find the name of your mortgage servicer.
Locate your servicer’s phone number by looking through your monthly mortgage statements. You can ask them who holds your loan if they are not the same company that owns your mortgage.
Send your mortgage servicer a Qualified Written Request to find out who owns your loan. To the best of their knowledge, your servicer is required to give you the name, address, and phone number of the person who owns your loan.
Call your mortgage servicer
Your monthly mortgage statement or coupon book will have your mortgage servicer’s phone number.
Look it up online
You can use a few internet resources to find out who owns your mortgage.
You can look up your mortgage servicer by searching the Mortgage Electronic Registration Systems (MERS) website.
Send a written request
Another choice is to write your mortgage servicer a request. To the best of their knowledge, your servicer is required to give you the name, address, and phone number of the person who owns your loan. A Request for Information or a Qualified Written Request may be sent.
This sample letter will assist you in requesting information from your mortgage servicer.
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Were the Consumer Financial Protection Bureau (CFPB), a U. S. government organization that ensures you are treated fairly by lenders, banks, and other financial institutions
The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The CFPB updates this information periodically. Links or references to content or resources from third parties may be present in this information. We neither support the third party nor warrant the veracity of the information provided by the third party. There may be other resources that also serve your needs.
FAQ
How do you find out who owns your loan?
You can use the internet, give your servicer a call, or send them a written request to find out who owns your mortgage. To the best of its knowledge, the servicer is required to give you the name, address, and phone number of the person who owns your loan.
Does Fannie Mae own my loan?
We advise you to confirm that your mortgage loan is owned or guaranteed by Fannie Mae or Freddie Mac by getting in touch with your servicer, which is typically your bank or lender. You can also do this by visiting the following websites: Fannie Mae www. KnowYourOptions. com/loanlookup, Freddie Mac www. freddiemac. com/mymortgage.
Who owns home loans?
The lender, also known as the “note holder” or “holder,” is the one who owns the loan. Later on, the lender may sell the mortgage debt to a different company, which would subsequently take ownership of the loan (holder).
Who is the owner of a mortgage?
The lender does not own your home; rather, the bank or mortgage company owns an interest in the property and the mortgage note itself. Your home is considered collateral for the mortgage loan. You are the property’s legal owner as long as you make your loan payments on schedule.
Read More :
https://www.consumerfinance.gov/ask-cfpb/how-can-i-tell-who-owns-my-mortgage-en-214/
https://www.kfikosher.org/mortgage-holder-lookup