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False Labeling Complaint Center Launches New Initiative to Investigate Lenders Up-Charging Third Party Costs

Insiders at major banks and national mortgage lenders are urged to call the False Labeling Complaint Center with proof a lender is up-charging fees

WASHINGTON, Aug. 14, 2014 /PRNewswire/ -- The False Labeling Complaint Center wants to hear from insiders at major US banks, or national mortgage lenders who have proof the lender is up charging third party costs related to a single family home mortgage, such as a credit report fee, and or a mobile notary fee, because there could be rewards for this type of information. For more information mortgage industry professionals with specific proof are urged to contact the False Labeling Complaint Center anytime at 866-714-6466. http://FalseLabelingComplaintCenter.Com

Photo - http://photos.prnewswire.com/prnh/20140813/136056

Photo - http://photos.prnewswire.com/prnh/20140813/136057

The False Labeling Complaint Center is urging mortgage industry professionals, or insiders who possess well documented proof a major US bank, or a national mortgage lender is up charging third party mortgage fees such as credit reports, or mobile notary fees to call them at 866-714-6466. If it is a major bank, or publicly traded mortgage lender there could be rewards for this type of information. For more information, insiders with specific information about these types of practices are urged to contact the False Labeling Complaint Center at 866-714-6466. http://FalseLabelingComplaintCenter.Com

The False Labeling Complaint Center says, "There really is not as much oversight into the mortgage lending industry as most people would think after Dodd Frank, or related consumer protection laws. We believe up charging third party costs in the mortgage lending industry is a huge problem, and we think insiders with well documented proof could be rewarded for their information.

"The classic example to us is a national bank, or mortgage lender charging $25+ plus for a credit report, when the report only costs $12.50, and or $250 for a mobile notary, when in fact the notary is only getting $100-$125, especially in states like California, New York, Illinois, Massachusetts, Washington, or Florida. Aside from the proof being well documented the only caveat we have is the wrongdoing must have occurred within the last twelve months."

For more information mortgage industry insiders, with significant proof of wrongdoing are urged to contact the False Labeling Complaint Center at 866-714-6466. http://FalseLabelingComplaintCenter.Com

Media Contact:
M. Thomas Martin
866-714-6466

SOURCE False Labeling Complaint Center

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