宣伝

What mortgage company changes mean for your home 貸付金

Published: 12:04 BST, 14 February 2023 | Updated: 13:59 BST, 14 February 2023

e-mail

It´s been a bumpy ride for mortgage companies lately. Some 貸す人s have gone out of 商売／仕事, 合併するd with other companies or 狭くするd their 焦点（を合わせる）. And more changes are likely in 2023.

What does all this mean for borrowers?

Here are answers to ありふれた questions, whether you´re shopping for a mortgage or 支払う／賃金ing off a home 貸付金.

WHAT´S BEHIND THE SHAKEOUT?

A 重要な factor: higher mortgage 率s. 需要・要求する for home 貸付金s 急落するd last year as the 連邦の Reserve raised a 重要な利益／興味率 to 支配（する）／統制するインフレーション and mortgage 率s spiked in turn. The 普通の／平均（する） for a 30-year 直す／買収する，八百長をするd-率 mortgage 二塁打d from 近づく-historic lows in 早期に January 2022 to almost 6.4% at year´s end, によれば Freddie Mac, an 企業 created by 議会 in 1970 to support the U.S. 住宅財政／金融 system.

Higher mortgage 率s 縮む buying 力／強力にする, so elevated 率s shut out some 見込みのある homebuyers, already squeezed by 注目する，もくろむ-popping home prices.

FILE - A home with a "Sold" 調印する is shown, Sunday, May 2, 2021, in Surfside, Fla. It's been a bumpy ride for mortgage companies lately. Some 貸す人s have gone out of 商売／仕事, 合併するd with other companies or 狭くするd their 焦点（を合わせる）. And more changes are likely in 2023. But the shakeout shouldn't 始める，決める you off course. AP Photo/Wilfredo 物陰／風下, とじ込み／提出する)

And for homeowners who had locked in 歴史的に low 率s in 事前の years, the spike 除去するd money-saving incentives to refinance their mortgages. Unless your 最初の／主要な目的（とする） is to cash out some home 公正，普通株主権, it doesn´t make sense to refinance to a higher 率.

As a result, より小数の people 適用するd for mortgages. Mortgage 使用／適用s to buy homes dropped almost 40% year over year in the last few months of 2022, and refinance 使用／適用s were 負かす／撃墜する almost 90%, によれば a December Mortgage 銀行業者s 協会予測（する）報告（する）／憶測.

Higher 率s also 増加するd 危険 for banks and mortgage companies that buy mortgage 貸付金s from 貸す人s.

WHAT IF MY LENDER GOES BUST?

Here´s what would happen:

- If the 貸す人 that 問題／発行するd your 貸付金 goes out of 商売／仕事 or goes 破産者／倒産した after the mortgage has の近くにd, you´ll be 影響を受けない. The 貸付金条件 will stay the same. If the mortgage company that services your 貸付金 changes, you´ll be 知らせるd of where to send your 月毎の支払い（額）s.

- If your 貸す人 runs in to trouble and can´t 基金 the 貸付金 when you´re a week or two away from の近くにing, the company will likely work with you to find another 貸す人, says 示す Indelicato, a 破産弁護士／代理人／検事 and partner with Thompson Coburn Hahn & Hessen in New York. "What I´ve seen so far in the 産業 is the players work together to make sure that the borrowers themselves are not 傷つける," he 追加するs.

Some mortgage companies have とじ込み／提出するd for 破産 or gone out of 商売／仕事 in the past year. First Guaranty Mortgage Corp. 発表するd June 30 that it とじ込み／提出するd for 一時期／支部 11 破産, for example. And some smaller 貸す人s have 簡単に gone out of 商売／仕事 recently. Reali, a real 広い地所 company with an online lending arm, said in August that it was shutting 負かす／撃墜する, and LenderFi said in an email in the 落ちる that it was leaving the mortgage 商売／仕事.

Indelicato, whose 会社／堅い is the lead counsel for unsecured creditors in the First Guaranty Mortgage Corp. 事例／患者, does not 推定する／予想する to see a big wave of mortgage company 破産s. "It´s not so bad that you´re going to see the 卸売破産s like you saw of mortgage originators in 2007 and 2008," he says.

WHAT IF MY LENDER MERGES WITH ANOTHER COMPANY?

A 合併する will have little direct 衝撃 on you. Your 貸付金条件 will stay the same if your 貸す人合併するs with or is acquired by another company.

一方／合間, don´t be surprised to hear more about mortgage company 合併s. Stratmor Group, a mortgage （a）忠告の／（n）警報 company based in Greenwood Village, Colorado, 事業／計画（する）d in an October 報告（する）／憶測 that almost 50 合併s and 取得／買収s would be 発表するd or の近くにd by the end of 2022, a 50% jump from 2018, the year with the next-highest number in the past 30 years. And the consolidation 傾向 will likely continue this year.

WHAT HAPPENS IF MY MORTGAGE SERVICER CHANGES?

You� �ll be 通知するd of where to send your mortgage 支払い（額）s. Your mortgage servicer is the company that 過程s 支払い（額）s and manages the 貸付金. If the servicing 権利s are transferred to a different company, 一般に the old and new servicers should 通知する you, によれば the 消費者財政上の保護 Bureau. The notices will tell you when the old servicer will stop 受託するing 支払い（額）s, when the new servicer will start 受託するing 支払い（額）s and the new servicer´s 接触する（警察などへの）密告，告訴（状）. Read the notices and send 支払い（額）s to the new servicer after the 移転.

WILL OTHER MORTGAGE BUSINESS CHANGES AFFECT ME?

You´ll still have 選択s if you´re 捜し出すing a mortgage. Some 貸す人s may change the types of 貸付金s they 申し込む／申し出 or 焦点（を合わせる） on different segments of 消費者s. 井戸／弁護士席s Fargo, for instance, said in January that it would create a "smaller, いっそう少なくコンビナート／複合体" home lending 商売／仕事焦点（を合わせる）d on bank 顧客s, 同様に as people in underserved 少数，小数派 communities.

The advice for shopping to get a mortgage remains the same. Look for 貸す人s that 申し込む／申し出 the types of mortgages you´re 利益／興味d in and 適用する with 多重の貸す人s to compare 率s and 料金s.

WILL MORTGAGE COMPANY LAYOFFS COMPROMISE CUSTOMER SERVICE?

Not やむを得ず. Layoffs 一般に correspond to lower 貸付金容積／容量; there´s いっそう少なく work to go around, so より小数の従業員s are needed.

関わりなく what´s happening in the 産業, 顧客 service is a 重要な feature to consider when shopping for 貸す人s. Many 貸す人s 申し込む／申し出 a 簡素化するd online 使用／適用過程. But even with 強健な数字表示式の道具s 利用できる, you should be able to reach a human to help you through the 過程.

Check 顧客 service ratings o nline and from companies such as J.D. 力／強力にする, a 全世界の data and analytics company. And when shopping for 貸す人s, compare how quickly and helpfully they 答える／応じる the first time you 接触する them with questions.

ARE THESE CHANGES A SIGN OF A HOUSING CRASH OR MORTGAGE CRISIS?

No.

"消費者s should not be 関心d about a 可能性のある衝突，墜落 as the one we saw during the 広大な／多数の／重要な後退，不況 for a number of 推論する／理由s," Selma Hepp, 長，指導者経済学者 at 所有物／資産／財産 analytics company CoreLogic, said by email in 言及／関連 to the 2007-09 財政上の危機.

Lending 基準s have been strict in 最近の years, and a lot of 買い手s made sizable 負かす／撃墜する支払い（額）s, Hepp 公式文書，認めるd. In 新規加入, most homeowners now have a lot of home 公正，普通株主権, thanks to rising home prices.

"That means that even if they lose a 職業, they are not 軍隊d into a foreclosure but can instead sell their home at a 利益（をあげる）," she said.

Hepp doesn´t 推定する／予想する a 抱擁する wave of homes coming on the market. Many people bought their 所有物／資産／財産s or refinanced when 率s were low, so they have an incentive to stay put.

Given the 限られた／立憲的な供給（する） of homes for sale, 専門家s 一般に don´t 推定する／予想する普通の／平均（する） home prices to 落ちる steeply as they did in 2008 and 2009.

_________________________

This article was 供給するd to The Associated 圧力（をかける） by the personal 財政／金融 website NerdWallet. Barbara Marquand is a writer at NerdWallet. Email: bmarquand@nerdwallet.com. Twitter: @barbaramarquand.