What do you think about this WSJ article?

[Christopher Aguilera]

I came across this article on the Wall Street Journal and it peaked my interest.

https://www.wsj.com/articles/the-mortgage-market-never-got-fixed-after-2008-now-its-breaking-again-11588977078?mod=e2fb

Im currently going refinancing my primary residence thats serviced by a big bank. A non bank servicer offered a lower interest which is why I'm going through the refi right now.

What would happen to my new 30 year conventional loan if the non bank servicer goes bankrupt? Given the current situation of people not paying mortgages and non bank servicers no covering the payments.

Would I keep the same loan as long as I pay my monthly payments?

Anyway, I dont know much about the subject but I just want to see if anyone out there has any insight on how this works?

Thank you and have a great day!

It peak my interest, because it's going thought a non bank servicer. I was wondering what this all means. I'm not very experienced in RE but currently I own my primary residence and