The National Mortgage Complaint Center Initiates An Nationwide Investigation Of Title Insurance Junk Fees

The National Mortgage Complaint Center is launching a nationwide investigation of major US title insurance companies gouging unsuspecting homeowners, who have recently purchased, or refinanced a home. The group says, "we are going after national title insurance companies-that are overcharging consumers with inflated, courier fees, E-Doc fees, up-charged notary fees, and other fees. Its wrong-we think the millions of homeowners have been ripped off by these practices, and we want to hear from victims-especially in California." For more information homeowners can contact the National Mortgage Complaint Center at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com

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Quote startwe want to talk with homeowners, especially in California, who have recently refinanced, or financed a home, and we want to look at the second page of their HUD-1 Settlement Statement page-to see not if-but how badly they were overcharged.Quote end

Washington, DC (Vocus) June 9, 2010

The National Mortgage Complaint Center is among the most quoted sources in the United States on the topic of predatory mortgage lending. The group is launching a nationwide initiative focused on major national title insurance companies over charging unsuspecting homeowners with inflated, or unnecessary mortgage charges related to E-Doc fees, overnight, or courier fees, inflated notary fees, or other junk mortgage fees. The group says, "we want to talk with homeowners, especially in California, who have recently refinanced, or financed a home, and we want to look at the second page of their HUD-1 Settlement Statement page-to see not if-but how badly they were overcharged." For more information homeowners, who have recently refinanced, or financed a home can contact the National Mortgage Complaint Center at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com

The National Mortgage Complaint Center is saying, "we fear millions of completely unsuspecting US homeowners, who have recently refinanced, or purchased a home were overcharged, or cheated, if they used a major national title insurance company. We are focused on California because title insurance companies have a pattern of ripping off homeowners in this state." The group is also saying, "as part of our HUD 1 Settlement Statement page 2. inspection, we will also look for signs the mortgage lender overcharged, or gouged the homeowner. There is no charge for this service-we just want to put an end to these practices." If a homeowner in California, or any other state, has recently refinanced or financed a home, and wants a free examination of their title charges-mortgage fees, please contact the National Mortgage Complaint Center at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com

The National Mortgage Complaint Center is also strongly encouraging homeowners about to refinance to re-use your existing title insurance company. The group says,"most US States require title insurance companies to offer a consumer a discounted title insurance fee-also called a reissue rate. Most title insurance companies forget to mention this to unsuspecting homeowners about to refinance their home. What a surprise." http://NationalMortgageComplaintCenter.Com

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