Recourse against title company for not paying mortgage off?
Date: Wed, 04/25/2007 - 09:08
Hi All - Would anyone know any recourse that I can take against a title company for not paying our mortgages off until 14 days after closing resulting in 30 day lates on our credit reports? We live in Ohio. Closed loan on 2/22/07 - recision period ended 2/26/07 - Funded per new mortgage company 2/27/07, but checks were not cut from title company until 3/5/07 :evil: resulting in negatives on my hubby's credit report. Is there anything we can do? He just had 2-60 days go over a year to get his credit back up because we were struggling winter '05 and he was late on mortgages. Those were a year old in 2/07, but now we have 2 new 30 day lates on credit report which is messing us up with him trying to finance some equipment for his business. Any suggestions? We already contacted a lawyer, but that was 2 weeks ago and we still haven't heard back from him. Am I crazy for thinking that someone should be held accountable for not doing their job?
Hire an attorney and prepare your case. If your defense is stron
Hire an attorney and prepare your case. If your defense is stronger, you can sue the company for the damages. Don't forget to report the company to your state attorney general's office.