[Minty]

I spoke with a Mortgage Advisor here at work.

If your mortgage company goes bankrupt, whoever takes over their debt is who you'll pay the mortgage too.

You don't even need to go through the process of getting a new mortgage.

You'll still pay the same rate and monthly payment, just to a different company.

Companies like Kensington, GMAC etc sell their mortgages the day after completion to the likes of Oakwood, Rooftop etc.

Mainly to off load the shit accounts, but they will often or not include some clean customers to make the figures look decent to the company buying the accounts.