Top Question:
How does the mortgage servicing transfer impact my interest statements?
Best Answer:
You should receive two year-end tax statements or IRS Form 1098s for this year. You’ll receive one from your previous mortgage servicer reflecting interest paid from Jan. 1 of the current tax year to the effective date of the mortgage transfer and another one from Arvest Bank from the effective date of the mortgage transfer to Dec. 31 of the current tax year.
