Tag Archives | FDIC

Do I Have To Continue Making My Mortgage Payment If My Lender Goes Bankrupt?

When mortgage lenders go out of business and are essentially taken over by the FDIC, homeowners are left wondering if they still need to make a monthly payment. Great thought, and a very common question for many borrowers in the 2006-2010 time frame. The short answer is YES, you still have to continue making mortgage [...]

Read full story Comments { 0 }