Category: Mortgage Problems, Credit Crunch
Foreclosure Fees Not Always Correct
The New York Times warns that foreclosure fees are often wrong. These improper fees can be a few hundred dollars to a few thousand (or worse!). If you are falling behind on your mortgage or facing foreclosure, I highly recommend you read the article.
Borrowers Face Dubious Charges in Foreclosures
By GRETCHEN MORGENSON
Published: November 6, 2007
As record numbers of homeowners default on their mortgages, questionable practices among lenders are coming to light in bankruptcy courts across the nation.
