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How long should I keep mortgage documents?
It’s fine to get rid of monthly mortgage statements, but you should keep all your mortgage documents, including proof of title insurance and the promissory note, until your loan is paid off. Having ...
A major U.S. bank is being fined over sloppy mortgage documentation practices and no, it’s not Wells Fargo. The issue stems from Citi’s exit from the mortgage servicing business back in 2017. In a ...
Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...
In a recent column you wrote that when you pay off your mortgage you should receive, among other things, the original note marked “paid” or shown with a zero balance. We paid off our mortgage in 2008, ...
It’s fine to get rid of monthly mortgage statements, but you should keep all your mortgage documents, including proof of title insurance and the promissory note, until your loan is paid off. Having ...
Monthly statements: Keeping your mortgage statements for one to three years is acceptable. However, if you're having problems ...
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