Sentences with phrase «original loan servicer»

Before transferring I was requested by GreatLakes my original loan servicer to Submit my annual documents for the redetermination of eligibility for the IBR Program, and was approved by them.

You must keep making your loan payments to your original loan servicer until your consolidation is confirmed and your initial loans have been paid off.

Until now they're current, and I've been getting statements from Navient (my original loan servicer) my problem is none of that $ 40 per month I've been paying is going to my loans!

You will need the full loan modification agreement you signed with your original loan servicer when you apply for a new mortgage.

You must keep making your loan payments to your original loan servicer until your consolidation is confirmed and your initial loans have been paid off.

Not exact matches

«The original lender will either continue to service the securitized loans or will contract with a third party servicer.»

If you don't know or don't have your original loan documents, call your lender or loan servicer.

The biggest obstacle is that loan servicers — those who buy the loan from the original lender and then collect the payments — are the ones foreclosing and are not in a position to originate a new loan as required by the program.

The GSEs do take on the credit guarantee obligation of the securities they issue, but nobody sells loans to the GSEs just to offload credit risk — in fact, more than a few lenders work hard to negotiate contracts with the GSEs that leave quite a substantial part of the credit risk with the original lender: recourse agreements, indemnifications, servicing options that put a lot of the cost of default on the seller / servicer, not the GSE.

It doesn't seem fair that a lender can give up their rights to the loan, sell the servicing rights to someone else, and have the law still allow the new servicer to be able to move forward with the original foreclosure date.

For information about your options, contact the servicer of the loan and / or the original lender or the current holder of the loan.

However, if your federal loans are Parent Plus loans, although they'll still die with you as the borrower, your parents will most likely have to provide the loan servicer with acceptable documentation of your death, like the original, certified, or photocopied version of the death certificate.

- The loan servicer, the one that the borrower makes their mortgage payment to, MUST cancel the MI once the loan amount reaches 78 % of the ORIGINAL value, or