ABC7NY-

If you have a home mortgage, it’s very probably your loan will change hands two or even three times, going from one loan servicing company to another. But what does that mean for you?

Deb Conte says she felt like she was going to have a heart attack after getting a foreclosure warning from her mortgage company.

She’s lived in her home for nearly 20 years. The single parent raised her daughter here and is now struggling to put Jacqueline through art school.

Last year DiTech took over her mortgage. She says nearly overnight her monthly mortgage ballooned from around $800 to nearly $2,000.

[ABC7NY]

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