> My mortgage has been sold almost a half dozen times already.
As a Canadian, other than the absolutely insane rate of school shootings, this is probably the next-wildest difference I can think of.
Canadian mortgages are held and stay with the bank that approves the mortgage. The only way the mortgage goes to a different lender is if the owner goes to that other bank to renew the mortgage. It just boggles my mind that mortgages can just be assigned willy-nilly without the owner’s consent.
As a Canadian, other than the absolutely insane rate of school shootings, this is probably the next-wildest difference I can think of.
Canadian mortgages are held and stay with the bank that approves the mortgage. The only way the mortgage goes to a different lender is if the owner goes to that other bank to renew the mortgage. It just boggles my mind that mortgages can just be assigned willy-nilly without the owner’s consent.