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Old 09-29-2009, 12:00 PM
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Join Date: Sep 2009
Posts: 1
Default My mortgage was bought out, now my...
...insurance company didn't get paid?!? When I bought my house almost two months ago,a relatively well known mortgage company held the loan. I just got a letter 2 weeks ago saying a different bank bought the loan from the first mortgage company. Ok, happens all the time. No biggie.Three DAYS ago I got a letter from my home owners insurance company saying they haven't gotten paid, even though my insurance is paid when I pay my mortgage. They are threatening to cancel. Shouldn't my insurance payment be paid from my lender? Or what the hell is going on?
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