Quote:
Originally Posted by Alfisti
I don't think one issue needs to be confused with the other though. The fact i can spend untold hours sorting my shit out with one bank then wake up the next to find it's been sold to another I never even herd of, is proper crazy and needless shit. Why confuse the simple?
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Back when we had a mortgage, I would regularly toss the monthly statement in the trash since it looked like an offer from a bank I did not do business with. In fact, my mortgage company had sold the paper—or the next holder would have sold the paper. So, when I'm living in VA and get a piece of mail from some USBank in MO, in the trash it went. No warning to me of having sold my mortgage. Seems quite normal, but not very well executed. Truth-in-Lending regulations should at least cover notification of your mortgage being sold to another lender.
