My mortgage was unfortunately sold to PHH Mortgage...

My mortgage was unfortunately sold to PHH Mortgage. I don t know why this is even allowed. Mortgage companies shouldn t be allowed to sell to other mortgage companies!! A now just recently I am getting correspondence from a company called NewRez. They say I now need flood insurance even though I live nowhere near any water. When you buy a house and choose a company for your mortgage they shouldn t be able to sell your mortgage to another company that you don t want to have to deal with. 5 to 7 business days in order to reset a password is ridiculous!!!