Wednesday, August 27, 2008

Ex-EMC Employee Spills The Beans On Loan Servicing Secrets

Consumer Warning Network has a video on YouTube of an interview with a former loan servicing employee with EMC Mortgage Corporation, who spills the beans on what was once an industry secret servicers didn't want the public to know.
  • The secret mortgage servicers don't want you to know is they can make MORE money off of homeowners when they keep your loan in default. A former employee of loan servicer EMC tells the inside story why so many people can't get their loan out of default.
For the video, see Mortgage Servicers' Secret.

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