[mgkimsal]

> Is your mortgage held by some fly-by-night bank

Even if it's not, it might be if someone decides to sell it. years ago, I went with a well known company, and in the disclosures they have fine print saying "we may sell this". 2 months after closing, they sold, and the new servicing company required $5 per payment 'fee'. I never agreed to that, but... essentially have no choice in the matter. Options? Spend another 4 figure amount to refinance and hopefully get a different servicing company?

[alistairSH]

Interesting. My mortgage has always gone the other way - initiated someplace small and unheard of, and then bought by a name-brand bank. Just luck or the draw, I suppose.

[adkadskhj]

Yup. I was warned, not even in fine print, that it was almost assured that the mortgage would be sold one or more times. I'm on my 2nd, currently.

[srtjstjsj]

Those fees are usually illegal but good luck fighting it