I bought a house but the company i refinance did not pay of my old loan and sold the new loan to another comp

Bret
Now I have two loan on the house and I am not sure who to pay and they been calling me for the money what should I do?

Krysten
call the title company, that's fraud.

Carry
HOLD everything. It makesno sense that your first mortgagewas not paid off UNLESS you did notwant it paid off; some equityonly loans just lien the housewith a second mortgage. Did youget cash back on re-financing?or, did everyone in the mortgagecompany try to pull a fast one?visit your title company andsee what goes; they can tell whois owed what and why.YOU also confused things bysaying 'bought and re-financed."Are you saying you got a deal thatpermitted you to both buy a houseand have its equity extracted viaa 2nd mortgage at the same time?mortgage sales are common buti can't sell if you have two mortgagesor one.if two mortgages, you will get a noticeon where to send the paymentson each.it seems to me...that you bought a house and almostimmediately, got an equity 2nd mortgage. AND at about the sametime, the first note holder sold theirnote to someone else--so, you have a new, differentnote holder for your firstmortgage and a 2nd note holderfor a 2nd mortgage where you gotcash back.so, I need clarification.who is calling you for payments?if you want to chat via msn messengeri am available.

Gaynell
Get a lawyer. This is not a legal advise site, and brother, you are in trouble.

Chasity
you need a lawyer, FAST