Comments on: Loan Funds Nearly Two Months After Closing http://housingdoom.com/2008/05/23/loan-funds-two-months-late/ Thu, 24 May 2012 01:57:19 +0000 hourly 1 http://wordpress.org/?v= By: toysarefun http://housingdoom.com/2008/05/23/loan-funds-two-months-late/#comment-12204 toysarefun Sun, 25 May 2008 22:59:59 +0000 http://housingdoom.com/2008/05/23/loan-funds-two-months-late/#comment-12204 I had to give Wells Fargo a hard time some months back when I tried going with the split your monthly payment in two plan. Well, if they can't even compound interest when I make a biweekly payment they don't get to escrow my money, which is all they wanted to do in the first place. Then when I called to undo the mess, they had already taken two full payments from me in a months time and then decided to charge it all to interest and not my principal. I'm like how can I be a month ahead on interest?!?, apply the balance to my principal now, and I'll pay you the next months interest WHEN it's due. I had to give Wells Fargo a hard time some months back when I tried going with the split your monthly payment in two plan. Well, if they can’t even compound interest when I make a biweekly payment they don’t get to escrow my money, which is all they wanted to do in the first place.

Then when I called to undo the mess, they had already taken two full payments from me in a months time and then decided to charge it all to interest and not my principal.

I’m like how can I be a month ahead on interest?!?, apply the balance to my principal now, and I’ll pay you the next months interest WHEN it’s due.

]]> By: freemonster http://housingdoom.com/2008/05/23/loan-funds-two-months-late/#comment-12203 freemonster Sat, 24 May 2008 00:45:05 +0000 http://housingdoom.com/2008/05/23/loan-funds-two-months-late/#comment-12203 If there is some kind of silver lining in the housing crash I think it's going to be the expose of the mortgage industry. Remember all the post cards, telephone calls, emails and the fax blasts. There were a lot of shady people in that business. I just can't figure out why no one was watching. Way to go Jacque If there is some kind of silver lining in the housing crash I think it’s going to be the expose of the mortgage industry. Remember all the post cards, telephone calls, emails and the fax blasts. There were a lot of shady people in that business. I just can’t figure out why no one was watching. Way to go Jacque

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