Thursday, August 31, 2006

Mortgage

I've been checking First TN online banking like a mad fool the last few days. I haven't seen our mortgage check cleared despite it being sent many many days ago. I might now (perhaps) know the reason. We received notification that our loan has been sold to USBank from Wachovia. The last date on the letter for Wachovia to receive payments from us is today (8-31), and starting tommorrow payments must be made to USBank. On the notification letter, is says we are required by law 15 days notice before this change takes place. The letter was dated 8-25 and we got it yesterday (8-30). So I'm going to have to do a lot of calling around to see IF the original check is ever going to be applied, or if we must write another check. Since the mortgage is due tomorrow, they better be willing to extend if they don't accept the first payment. Nice of them to sell our mortgage (immediately) before the first payment is due, eh!

Frustration...

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