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A mortgage servicing disclosure provides information from the lender about whether or not the servicing of the loan may be transferred, sold, or assigned to some other person or entity during the life of the loan.
NOTE: Another way to find a PSA is to go to the SEC EDGAR search index page: .
On September 1, 2007, Citigroup completed its acquisition of Argent Mortgage and AMC Mortgage Services, shutting down Ameriquest Mortgage.
The servicing of your mortgage loan is being transferred, effective [Date]. This means that after this date, a new servicer will be collecting your mortgage loan payments from you. Nothing else about your mortgage loan will change.
Know your rights under the law You have a 60-day grace period after a transfer to a new servicer.
The transferee servicer shall provide the notice of transfer to the borrower not more than 15 days after the effective date of the transfer.