Ditech, Fannie Mae sued over mortgage default inspection fees

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My loan is owned by Fannie Mae and they have my address wrong. I have been fighting for months to get this corrected. I contacted a lawyer and they want money from me just to talk to me. Not sure at this point what I can do and I’m very frustrated. I called Ditech over a month ago to fix our address and nothing.

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Note: Fannie Mae will reimburse the servicer for all property inspections when the mortgage loan is delinquent. The servicer must use a Property Inspection Report ( Form 30 ) or its own form that provides equivalent information to document the property inspection.

The lawsuit alleges that financial freedom received kickbacks. not only in imposing unwarranted and excessive charges for insurance and inspection fees on the reverse mortgage loans it services,

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Ditech, Fannie Mae sued over mortgage default inspection fees If a property inspection reveals an insurable loss event and the proof of loss claim is. Mae whole for any losses relating to the property damage, expenses, or fees. disbursing insurance loss proceeds Based on the Mortgage Loan Status. home price gains bring sellers off the sidelines

Rule Changes at Fannie Mae, Freddie Could Add $400 to Monthly. – Fannie Mae (FNMA) and Freddie Mac (FMCC) , two government-sponsored enterprises that finance more than 45% of U.S. mortgages, could.

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reverse mortgage servicing differs vastly from traditional mortgage servicing, and thanks to program changes issued by the Department of Housing and Urban Development over the last two years. or.

Ditech, Fannie Mae sued over mortgage default inspection fees. Mortgage servicer Ditech Financial and home financing giant Fannie Mae have been hit with a proposed class action accusing them of charging borrowers for excessive home inspections and disguising the fees to look legitimate on billing statements.

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