Mortgage Servicing Abuse

Let Birmingham Lawyer Paula Greenway Put an End to Mortgage Service Problems

Most people think that they are alone when they experience problem after problem with their mortgage servicing company. This is not the case. Mortgage servicing fraud and abuse is a growing problem in Alabama and throughout the United States.

If you are experiencing unwarranted late fees and other fraudulent costs, help is available. At Greenway Law, LLC, in Birmingham, Alabama, we offer a free initial consultation to discuss your case and determine what steps you need to take to stop the problems and improve your financial situation.

Most people don't know why they have started experiencing problems with their mortgage payments. What has happened is that your mortgage company has sold the servicing rights — such as payments, escrow accounts, annual statements and collections — to another company. That is often where the borrower's troubles begin.

Mortgage servicing for a home loan is a low-profit business. Abusive servicing companies will try to increase their profits by fraud, such as:

• Manipulating the date your payment was received to create a late fee
• Applying your payment to something other than principal and interest — creating a late fee
• Forcing you to buy an insurance policy by claiming you did not provide proof of insurance
• Adding late penalties to your account without your knowledge
• Delaying fixing the problem so they can continue to charge you fees

Mortgage servicing fraud can wreck your credit by artificially making your account past due. Ultimately, it can strip you of equity in your home and force you into foreclosure.

This does not have to happen to you. Attorney Paula Greenway and our office staff can assess your mortgage problems and help you take action. If you are a victim of mortgage serving abuse, we can help you seek compensation under the Fair Debt Collection Practices Act (FDCPA). If mortgage servicing abuse and other debt problems have put you at risk of losing your home, we can help you protect your investment by filing Chapter 7 bankruptcy or Chapter 13 bankruptcy.

Free Lawyer Consultation

To discuss mortgage servicing fraud and abuse with attorney Paula Greenway, call 205-324-4000 or fill out our simple contact form. We are located in Birmingham, Alabama, across from the downtown YMCA.