Thursday, 2 April 2015

Does a mortgage lender have to notify the borrower when the mortgage is cancelled ? I paid a mortgage for 11 years before discovering it had...

Question

Does a mortgage lender have to notify the borrower when the mortgage is cancelled ? I paid a mortgage for 11 years before discovering it had been cancelled and satisfied by the lender . I was not notified of the cancellation .



Answer

Technically no. But it seems you don't think you paid it off which means it could b a mistake they might seek to correct.



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