There is no doubt that the lending industry has become needlessly complicated. Part of the reason for this is to keep consumers in the dark about their loans. Consider this post an introduction to some of the more common entities involved with your mortgage loan.
Continue readingIs a Foreclosure-Related Letter an Attempt to Collect a Debt?
Foreclosure-related notices are treated differently than other types of debt collection letters. There are several important factors that determine whether they are subject to the Fair Debt Collection Practices Act.
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