will my interest ever go down? it seems each time the mortgage sells my loan. the mortgage goes back to default Like I'm paying a brand new loan? the loan/debt was discharged. my credit no longer reports the bankruptcy.
We would need to see the documents in your case, although the sal of a mortgage does not change the terms of payment or the amount of the mortgage.
It's common for Mortgage lenders, and their "loan servicers", to transfer their mortgage loans to new entities, but such transfers do not alter the terms of your Note and Mortgage.
However, you don't provide enough information to give you an answer to your issues. To do so, I'd need to see a copy of your Note and Mortgage.
I'd also need to know more about your prior bankruptcy case. If you provide the Bankruptcy Case Number, I can access the case information online. (In a Ch. 7 case, nothing is "confirmed"; the important event is whether a bankruptcy discharge was entered). However, even entry of a bankruptcy discharge does not affect an ongoing mortgage debt and its payment, as is possible in a Chapter 13 case.
If you do not have a copy of your Note and Mortgage, you can request those from your current Mortgage holder or servicer.
