So, banker types, if WaMu goes bye-bye...

[Wailer]

For what it's worth, everytime my mortgage has been sold, I have had to deal with payments not being posted and subsequent derogatory marks on my credit. I've fought every one since I had cancelled checks and set my payments certified mail to the new owner of the note. It was still a PITA. It seems many lenders cash checks first then try to figure out where to post them.

I'm not sure it would be easier with online payments.

I've never had an impound account for taxes, but I would definitely be worried about keeping tabs on that if your loan is sold or your lender goes teets up.