Can a mortgage company charge you for their escrow shortfall?
We just got our escrow analysis. Appears the mortgage company paid our taxes late and incurred a $335 fee. That was unnecessary. Now they are charging a $45 a month "escrow shortfall" fee. Excuse me? Who has fiduciary responsibility here? Is it my fault they didn't immediately adjust the escrow when the increased tax bill came in? Why did they not inform us? What recourse do I have??? I don't feel it's fair to make us pay for their negligence. Is it?
No, you should seek recourse immediately! Obviously, you should not be penalized for their mistake.....what gall!
Hello long lost commiserator. Where ya been? Are you revving your engine for the 2014 midterms? 2016? Specific social issues?
It's good to have you back in the fold. MM
Thanks, MM!The freedom-lovers sure curtail a lot of speech here, but there's always the underground.Midterms are so important...just as important as 2010, I fear.Should TP get in,our daughters rights are truly down the toilet.Dems...Get Out and Vote!
I agree with lovemychris. The mortgage company is fully responsible for paying the late fees. I don't know what steps you'd have to take to get them to stop charging you the extra fee and repay anything you've already given them, but perhaps someone else can guide you in the right direction.
by mommyneal63 years ago
Would you try to change your mortgage company if the customer service was awful?
by flacoinohio5 years ago
Can a mortgage service company increase payment due to the tax escrow having a negative balance?Our mortgage was just purchased by a new servicing company and the tax escrow has a negative balance due to a recent...
by johnnyvigar7 years ago
I just received a letter from the attorney of the mortgage company saying they had served me...with the Summons and Complaint, but I had never recieved it. What can I do? I live in NJ.
by HAMP 1017 years ago
<snipped - no links in the Forums>Does anyone know anything about HAMP GUIDELINES
by John Walter3 weeks ago
Hello,I am a small time online content investor from California and I have recently been turned on to the HubPages community by a friend in the same field of business. I am interested in purchasing a HubPages account...
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