Articles tagged: bad mortgage service
<< previous page 1 next page>> written by Dale Rogers
When mortgages are sold to new mortgage companies, with new servicing companies new service occurs. Frank and Janet’s mortgage had just been recently sold to a new company that also had a new servicing company. They would always send out their payments on time between the first and fifteenth of the month, and it’d be received without a problem. But that changed just as soon as the new servicing company came into place. Around the 20th when the mortgage was due a sickening call was received on their answering machine, stating that their mortgage payment had not been received, and late charges would be imposed. This leads to credit repair, and investigation of the mortgage servicing company.
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