Strong Arm Tactics Allegedly Used By Mortgage Lender; Delinquent Elderly Homeowner Claims Collector Showed Up At Front Door Demanding Payment

In Boston, Massachusetts, WCVB-TV Channel 5 reports:

• Scott Day and his wife, Vivian Martin, called themselves victims of outrageous harrassment by AIG American General Financial Services. The couple is one month behind on their mortgage payment. About 8:30 p.m. Monday night, they said someone from American General knocked on their door demanding the $2,000 payment. That was followed by what she called a nasty phone conversation with a woman from the mortgage company.

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• Bruce Marks of the Neighborhood Assistance Corporation of America, which helps people facing foreclosure, said American General was using what he called strong-arm tactics usually associated with loansharks and the Mob. He said those tactics are now being employed by one of the largest insurance companies in the world.

For more, see Couple Decries Mortgage Company's Tactics (Company Representative Pays Nighttime Visit To Demand Money).

Editorial Note:

I wonder how much of a charge the mortgage company tacked on to the homeowners' bill for the evening collection visit.