Finance (alternative)
When a Maryland borrower's loan is sold to the secondary market by the originating lender, the borrower:
AMust renegotiate the loan terms with the new owner
BContinues to make payments under the original terms; servicer may change but loan terms remain✓ Correct
CMust pay a transfer fee to the new investor
DHas the right to demand the original lender keep the loan
Explanation
When a mortgage is sold to the secondary market (Fannie Mae, Freddie Mac, or private investors), the loan terms remain unchanged for the borrower. The servicer (who collects payments) may change, but the borrower is notified.
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