Washington, DC (PRWEB) September 12, 2006
Americas Watchdog has expanded its consumer protection services in order to assist all homeowners nationwide with mortgage issues or problems related to their home loan/mortgage. This expanded service is now being offered to home buyers, homeowners or real estate agents/brokers wanting to protect their current or potential clients. This service has been expanded because of a national epidemic of mortgage lenders gouging, over-charging or even cheating unsuspecting homeowners on mortgage fees, interest rates or various mortgage products. The goal of these services is to save the consumer money or if they were cheated, try to correct the problem.
According to the President of Americas Watchdog; ?we estimate that 85%+ of all existing U.S. homeowners were over-charged or gouged when they mortgaged or refinanced their home. The key problems are poorly disclosed yield spread premiums-a kick back for increasing the borrowers interest rate, prepayment penalty?s, junk mortgage fees, the wrong mortgage product for an unsuspecting borrower, etc. We also estimate that 35%+ of all current U.S. Homeowners are having problems with the bank or loan servicing company collecting their monthly mortgage payments. As a result we have expanded our consumer services because there are so many homeowners in the nation who are about to be taken advantage of, who were taken advantage of, or now have a huge problem and there is no one to help them try to fix the problem.?
The National Mortgage Complaint Center & or The Homeowners Consumer Center have been featured on CNN, Money Magazine, Newsweek, The Wall Street Journal, Good Housekeeping Magazine, CNN/Money and numerous other media sources:
The new expanded Services include:
1.MORTGAGE DOCUMENT INSPECTION:
For individuals about to finance or refinance their home, The Mortgage Inspection Service ( Http://MortgageInspectionService.Com ) will thoroughly examine the borrowers Good Faith Estimate & Truth in Lending Statement paying particular attention to:
The mortgage product they are being offered
Published October 9, 2011 & Filed in Loan
Tags: about, Agents/Brokers, Cheated, Consumer's, Estate, Ethical, Home, loan, mortgage, Real, Smart, Wanted, Were
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