As the New York Times recently noted, there is a new surge in problems with home loan servicers that may affect Dane County homeowners:
A growing number of homeowners trying to avert foreclosure are confronting problems on a new front as the mortgage industry undergoes a seismic shift.
Shoddy paperwork, erroneous fees and wrongful evictions — the same abuses that dogged the nation’s largest banks and led to a $26 billion settlement with federal authorities in 2012 — are now cropping up among the specialty firms that collect mortgage payments, according to dozens of foreclosure lawsuits and interviews with borrowers, federal and state regulators and housing lawyers.
If you are a Dane County homeowner experiencing these sorts of problems with your loan servicing company, contact us and we will do our best to connect you with helpful resources.
Homeowners should also continue to be wary of any organizations that are offering mortgage “rescue” services to homeowners for a fee. Check with Loan Scam Alert. You can also contact the Metropolitan Milwaukee Fair Housing Council for help filing a complaint against a loan scam company.