First Franklin is owned by the two biggest casualties of the subprime mortgage crisis,National City Crop & Merill Lynch.
National City Bank, a part of PNC
No, they are two separate loans. If the second mortgage is foreclosed the lender takes possession of the property subject to the first mortgage. The borrower no longer owns the property.
No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.
Its owner, the giant New York private-equity firm Cerberus Capital Management.
Suntrust Mortgage Inc is a division of SunTrust Bank.
National City Bank, a part of PNC
No, they are two separate loans. If the second mortgage is foreclosed the lender takes possession of the property subject to the first mortgage. The borrower no longer owns the property.
The Answer lies in who truly owns it - you or your bank/mortgage company.
The entity that owns your mortgage should also have possession of the note.The entity that owns your mortgage should also have possession of the note.The entity that owns your mortgage should also have possession of the note.The entity that owns your mortgage should also have possession of the note.
If you are paying a service company, ask them. It may be that there is no simple answer (e.g., your mortgage was bundled and sold to investors as part of a mortgage bond). If you are looking to do a loan modification, ask for the company's loss mitigation department.
No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.No. The lender owns the mortgage. You can't make any changes.
Its owner, the giant New York private-equity firm Cerberus Capital Management.
No. The mortgagee (the lender) owns the mortgage and has the right to sell it.
Suntrust Mortgage Inc is a division of SunTrust Bank.
The lender owns the mortgage and only the lender can modify it. You need to discuss it with the lender.
The the person who owns the mortgage (mortgagee) wants to protect their investment.
First lets get this straight. There is no Benjamin Franklin Co. The Benjamin company was started by Walther Benjamin in 1899. The name Benjamin Franklin was put on air rifles as a gimmick to sell air rifles. In 1977, the Benjamin co, bought the Sheridan Co and in Feb, 19, 1992 Crosman bought the Benjamin Company. So now Crosman owns a three companies, Sheridan, Benjamin and Crosman.