Washington, DC (Vocus) June 14, 2010
The National Mortgage Complaint Center is one of the most quoted sources in the US on predatory mortgage lending. The group is now expanding its mortgage junk fee initiative for all US homeowners who have financed, or refinanced a home in California, or any other state within the last year. At no cost to the homeowner, the National Mortgage Complaint Center will examine the second page of the HUD-1 Settlement statement for any signs of junk mortgage fees, or inflated mortgage fees. The group is saying, "there are millions of US homeowners who have financed, or refinanced a home in the last year, and we think most would like to know if they have been overcharged in anyway. Sadly, we fear it might not just be hundreds of dollars, it could be thousands of dollars, and we think the homeowner has a right to know what fees are junk mortgage costs, or fees for nothing." For each homeowner submitting their HUD-1 Settlement Statement to the National Mortgage Complaint Center, the group will produce a free written report for the homeowner, detailing every mortgage-title fee, that could be a junk mortgage fee, or inflated cost. For more information on this national initiative, homeowners in California, or any other state can contact the National Mortgage Complaint Center anytime at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com
Why is the National Mortgage Complaint Center doing this? According to the group, "we began this junk mortgage, or title insurance fee initiative for one really important reason-we do not want the mortgage/title insurance industries going back to their old ways prior to the US real estate meltdown. As importantly, we think homeowners have the right to know if they have been cheated, or overcharged in anyway, when getting a home loan, or refinance." For more information on this free mortgage document inspection please contact the National Mortgage Complaint Center anytime at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com
The National Mortgage Complaint Center has been featured on CNN, NPR, or in Newsweek Magazine, The New York Times, The Wall Street Journal, Good Housekeeping Magazine, Money Magazine, CBS Market Watch, CNN Money, the International Business Times, in the Los Angeles Times as "The Good Watchdog, and numerous other US, or international news sources.
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