Consumer Cyclical Sector Review: Winning and Losing Stocks on Dec 6thDecember 10, 2011
Consumer Cyclical Sector Review: Winning and Losing Stocks on Dec 6th
News from Wall St. Cheat Sheet:
By Stella Mariz
December 06 2011 Email This
continues on Wall St. Cheat Sheet
The feds’ mortgage-complaint window is now open
News from The Seattle Times:
WASHINGTON — Got a beef with your mortgage lender? Is your bank unresponsive when you complain that your escrow account is fouled up and making your monthly payments needlessly high?
Did your loan officer bait-and-switch you into a more costly home loan than originally promised? Or worse yet: Did your loan servicer ignore you when you told him you’ve had an unexpected drop in income and needed a modification to avoid missing payments?
If any of this sounds familiar, here’s a heads-up about the newest and least-publicized source of federal help: the Consumer Financial Protection Bureau’s home-mortgage complaint and dispute-resolution hotline.
Never heard of it? That’s not surprising since it only went live Dec. 1 and the CFPB hasn’t said much about it, preferring to ease into the potential snake pit of mortgage issues that American consumers have with their lenders rather than get overwhelmed.
The complaint hotline is accessible online at the CFPB’s…………… continues on The Seattle Times
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