It’s no secret that many mortgage companies and banks have failed over the past year. It should also be no secret that there will likely be more before this crisis is over.
Don’t assume that your mortgage lender is above the fray. While there’s no need to panic, you absolutely should be saving all of your mortgage statements from this point forward. In the (hopefully) unlikely event that your mortgage company fails, you will want easy access to these records as your mortgage is transferred over to a new lender.