Author: Melissa Syphrett

 
 
Woman working on a calculator after wondering, "what is escrow and how does it work?"

Escrow 101

Estimated reading time: 3 minutes What is escrow? In the simplest of terms, escrow is money that your mortgage servicer (the company you send your mortgage payment to) sets aside to…

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Who Owns Your Mortgage?

Estimated reading time: 2 minutes Does Mr. Cooper own my mortgage? Short answer: No. Mr. Cooper is your mortgage servicer. That means we take care of the day-to-day stuff — things…

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