Why do most lenders sell their mortgages?
Some disagree with the practice, but there are benefits
By Jack Guttentag, Sunday, August 24, 2008."Why do most home mortgage lenders sell their mortgages instead of keeping them? I have a problem with negotiating my mortgage deal with one firm over a week, then having my loan sold to another firm that I did not select, and with whom I am obliged to deal for as long as 30 years. Is it possible for me to find a lender who will promise not to sell my loan?"
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Copyright 2008 Jack Guttentag
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