Tuesday, January 3, 2012

Sloppy seconds: Feds probe million$ in 'double-billing' by banks

Approximately $179,000,000 in escrow overcharges! Another reason why the banks should not be allowed to collect escrow. If at all possible you should never allow them to collect taxes and insurance on your behalf. Set up a separate bank account and deposit enough funds monthly to cover the escrow. Escrow only provides another way for the banks to screw up.

http://www.nypost.com/p/news/business/sloppy_seconds_hhPMGlBggrkLMwD1BbpY2ORead more:

1 comment: