Just received notice that Mortgage Investors Corp (MIC) has sold our account to Freedom Mortgage Corp. MIC told us at the time we signed our mortgage paper that they were required to service the contract, and that a hybrid interest rate was the way to go.
It still remains to be seen if the hybrid interest rate is a good deal (we've been advised it is not), but the sale of our mortgage is very disturbing when we were told it wouldn't be sold. When I called the number given for questions on the notice, it turned out to just be the company (Ocwen) servicing the loan for Mortgage Investors, and they couldn't answer any questions.
Ocwen did give me the number for MIC, but I can't call them until tomorrow. If I had the refinance to do over again, it wouldn't happen!!