Most consumers are not aware of what happens to the mortgage on their home after they move in.  Most think that they just continue to make payments to the original lender, but that is not always the case.  Often the original lender will sell the mortgage note to the 'secondary market' so the original lender will have capital to make more home loans.  Realty Times has a great article which explains this process, both the pros and the cons.  CLICK HERE to read the article.  If you are considering buying a home or refinancing your present home and would like to discuss the process with local, experienced lenders, let me know and I can provide you some names and numbers of local professionals who know their business.