We secured a home mortgage from a Pioneer Bank in Southeast NM at an interest rate of 4.5%. About a month ago we inquired online at Quicken Loans regarding our HARP eligibility for a refinance at lower rate with NO refi fees or charges.
We typed in our home address along with last four digits of SSN and Quicken Loans immediately shot back that Fannie Mae now owns our Mortgage and that our loan was closed after May 31, 2009.
Whoa!!! We closed our loan before May 31, 2009 which is apparently the cutoff date for HARP benefits AND Pioneer bank owns our loan NOT Fannie Mae. This whole thing sounds much like some sort of car salesman type ploy just to get us on the phone. Can anybody shed light on this puzzling matter?