🚀 go-pugleaf

I am curious as to how you knew that the loan had gone from
x to y?  If by letter, you should have no problem, if by
phone call, then I don't know.  

I'm one for pre emptive strikes, if you get a late notice or
any kind of delinquency note, I would go to small claims
court and get the papers to file, you don't have to file,
just get the papers and go to company x and discuss the
situation with them, if they can't help you, ask them about
what address and title holder these summons will have to go
to.  Don't threaten, do get loud, just matter of factly
ask.  You could do it at all three till you get an answer
and your problem straightened out, more than likely in your
favor.  

Mark Haythornthwaite wrote:
> 
> As I am not interested in being sued for anything, I have changed the
> names to protect the stupid.
> 
> I got a loan through a broker from Lender X. In May I was told that my
> loan was sold, and I would now be dealing with Company Y. So for my June
> 1st payment I called Company Y and found out that although the loan was
> not set up yet, I could send in my payment with my Social Security
> number on it, and once the loan was officially in their system the
> payment would be credited to my account.
> 
> Two weeks later I got another letter from lender X, saying that
> effective June 1st (letter dated June 16th) my loan was being
> transferred to Company Z. I immediately called the lender and said "Hey,
> my last payment went to Company Y". They said not to worry, Company Y
> will send the payments received either back to them or to Company Z, the
> correct loan servicer. It had been a big screwup that was not their
> fault, but of the investment firm that bought the note. Company Z said
> the same thing, and when I asked about my July 1st payment, I was told
> "Don't send it in, wait until we notify you with the loan account number
> and remittance address."
> 
> Today I received a check from Company Y refunding me for my June 1st
> payment. According to the Real Estate Settlement Proceedures Act (12
> U.S.C. 2605) I am not late on a payment if I send a payment to the old
> servicer. Yeah, great. But I sent it to the "new" one, who was actually
> the "wrong" one. Am I screwed?
> 
> If I get forclosed on I will sue X,Y and Z, probably the Mortgage Broker
> and the real estate agent. But what the heck can I do now to get this
> straightened out?
> 
> Anyone able to help?
> 
> Mark