what happens to your bank account if your bank is the same that your default mortgage?
I have washington mutual as my bank but recently chase took over washington.I used to have a house but due to financial problems I lost it, it went to foreclosure, but my default mortgage has a maturity date of 2037.My question is: can they start deducting my bank acct until the mortgage is paid off?
It is possible. I would close the bank account and go somewhere else. Chase has not been treating WaMu customers very well from some of the sites that I have been reading on. Chase sucks anyway.
Mortgage Chaperone Part I
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