Oh, joy! I just got a letter saying that

[MineralMan]

our mortgage has been sold to Fannie Mae. I'll still be making the payments to Weld Fargo Closed, but Fannie Mae owns the loan now. And so we enter the Twilight Zone of mortgages. Uff da! One bank made the loan, sold it to Wells Fargo, which sold it to Fannie Mae. What fun!

[seabeyond]

1. uh oh. lol. nt

[MineralMan]

4. Well, the good thing, though, is

that we have our checking accounts, etc. in Wells Fargo, so making the payments on the mortgage is as easy as transferring funds from the checking account to the mortgage on their online banking site. No checks to worry about getting lost in the mail, and the transfer is instantaneous.

[mmonk]

2. Most mortgages are sold in the secondary market.

[MineralMan]

5. Oh, I know. It doesn't matter really.

I'm glad that WF is still servicing the thing. That makes it really simple to make the payments, since our checking accounts are there. You just transfer the payment online on their banking site.

[mmonk]

7. Very good.

[dionysus]

3. they found out about the floridation, didn't they. told ya that'll cause trouble.

and once people find out what the black helicopters are for...

[MineralMan]

6. That's right. It's the precious bodily fluids I'm worried about.

Booga-booga.

[alfredo]

8. Now I would look and see if they have the correct paper work.

[yardwork]

9. My mortgage got sold to Bank of America. Imagine my glee.