Dan is a weekly contributor to Dad's Divorce, a website for men going through the divorce process. The site may be been designed for men, but the advice usually can apply to anyone. In this week's edition of Money Made Easy, host Dan Danford answers this financial question from a viewer: I bought a house a couple of months ago and it seems like every other week I get a letter saying my mortgage has been sold again. Can you explain why mortgages are constantly being sold?
Danford, MBA, CRSP of Family Investment Center, explains the financial reasoning behind buying and selling loans.