Will my mortgage/loan be artificial by CitiGroups's purchase of Wachovia?
My mortgage lender is CitiMortgage. Will my mortgage/loan be affected in any passageway since CitiGroup purchased Wachovia? Will it have any effect on me financially in any course?
Answers:
The mortgage you took out is a contract and the language of that contract remain valid, no matter whether the loan was sold or held by the artistic holder.
CitiGroup holds mine too near automated withdrawals from a Wachovia account.I call and was told everything would remain the same as far as my mortgage.
No. the only thing that MIGHT switch is the staff at your bank... but more than likely that won't even exchange. Source(s): I bank there too :)
No.
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Answers:
The mortgage you took out is a contract and the language of that contract remain valid, no matter whether the loan was sold or held by the artistic holder.
CitiGroup holds mine too near automated withdrawals from a Wachovia account.I call and was told everything would remain the same as far as my mortgage.
No. the only thing that MIGHT switch is the staff at your bank... but more than likely that won't even exchange. Source(s): I bank there too :)
No.
Related Questions:
If someone have a loan or mortgage near CitiBank, what will come about to it?
loans or mortgages with Citibank - what will happen immediately that it is closing? You will just owe your loan to the tentative bank. I had Washington Mutual and immediately it will JP Morgan Chase. (I'm...