But in essence I mean they could keep this loan for years! Its not good to have a mortgage thta u dont really have anymore hanging over your head…

Do alot of people do this? Apparently its more common now. Anyone done this or had it done or know how it works?

No, they service our loan every month until they decide to refinance from us. They will also give us funds upfront. The title and also the loan stays in our name.