NLIC.org

Alberto Said:

Can mortgage company pay utility bills after we moved out of our foreclosed house?

We Answered:

They can, but they are not obligated to. Those are still your debts as they were incurred when you owned the home (except maybe the lawnmower one)

Allison Said:

What can I do about a mortgage company checking my credit without my permission?

We Answered:

I would ask the lady for the name of the person at the original mortgage company who gave her your information. Someone is lying here. If she won't tell you, then you know it's HER (or her company). She might be pulling your leg about having your social security number AND about checking your credit.

Myrtle Said:

Why is my mortgage company not paying my tax bill when I have escrow?

We Answered:

Are you signed up with the tax agency to use the escrow account? The company has to receive the tax notice to pay the tax. If you received the bill directly, then the tax agency isn't sending the bill to the right address.

Gail Said:

Can our 2nd mortgage company attach our wages once our home is sold as a short sale?

We Answered:

It will be up to a judge to decide if it is legal or not. Now that they no longer have their security, they are entitled to get their money back in other ways.

You may need to get an attorney to protect your interest, and even then, you may not be able to stop it. He might be able to negotiate a payment plan in lieu of garnishment.

If you miss any payments, though, the garnishment will be re-instated.

Peggy Said:

Can I withdraw my mortgage application from a mortgage company without paying a fee?

We Answered:

Normally you can change mortgage companies without penalties, but you are one of the reasons that mortgage bankers or brokers want to charge an upfront fee for their services.

There are many clients that without reason decide to cancel their application because some other mortgage banker or broker give them the line that they can offer a better rate or for a few less points.

If you were offered a better rate or fewer points and fees perhaps you should speak with your current mortgage banker or broker to see if they can match your other offer.

But that is your choice and normally there is no cancellation fee.

You will be required to complete another application and start a fresh.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"