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: The Home Equity Theft Reporter

Clipping Homeowners For Improper, Unexplained Fees A Common Practice For Some In Mortgage Servicing Industry

By r morris

In St. Cloud, Minnesota, the St. Cloud Times reports:Charging improper or unexplained fees is a common practice for some mortgage servicing companies and is a larger part of the national foreclosure crisis than most people realize, experts say. Questionable property inspections, late fees when payments aren?t late, forcing homeowners to buy insurance even when they already have it ? all occur

Full post as published by The Home Equity Theft Reporter on March 17, 2009 (boomark / email).