The Bank Just Sold My Loan, Key Words

Bank sold my loan, Bank sold my mortgage, mortgage market, closing, right to sale, monthly payment, servicing agency, loan number, obligations to new lender, obligations will not change, no right to change terms, loan has been sold, escrow, escrow account, impound, impound account, taxes, property taxes, real estate taxes, insurance, hazard insurance, home owners’ insurance, escrow department, escrow instructions, flood insurance, property tax discount, timely payment of taxes, coupons, remittance coupons, payment coupons, monthly statements, loan balance, remaining loan balance, individual investors, pool, pools, mortgage pool, mortgage pools, securitization, securitize, secondary markets, Ginnie Mae, Fanny Mae, Freddie Mac, Government National Mortgage Association, pass through certificate, pass through certificates, investment broker, nominal interest rate, age of mortgage pool, partially amortized, amortized, banks, mortgage servicing, insurance companies, mutual funds, institutional investors, mortgage backed certificates, mortgage backed pass through certificates, monthly income, monthly principal payments, monthly interest payments, return of principal.