On June 15, 2016 it was announced that Nationstar Mortgage Holdings Inc. had been selected by Seneca Mortgage Servicing LLC (“Seneca”) as the subservicer for existing and future acquisitions of mortgage servicing rights held by Seneca.
For additional information regarding this announcement and how it may affect your current Seneca mortgage loan, please click here.
If you recently received a notification of transfer to Nationstar Mortgage LLC and are inquiring about your draft schedule. Please note:
If your normal payment draft is scheduled between the 1st through the 9th day of each month, then please note that the first payment draft after the transfer will be made on Sept 12th by Nationstar Mortgage LLC. Starting in October, the payment will be drafted on your normal scheduled payment draft date.
Please be assured that the payment that will be drafted in Sept, on the 12th, will not result in any kind of late charge or negative credit reporting. Please refer to the second page of the Goodbye letter mailed to you with this information on drafting. The Goodbye letter is also available on our Customer Care Connection, for your convenience, after you login to your account.