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Paid past due mortgage for Aug. and full amount due for Sept. but they applied it to Oct and saying still late for Aug. Charing 150 late fee for Aug. and want to foreclose. Can they do this? |
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It's standard procedure for any creditor to apply all payments to arrears first.
First answer by Insurance Plus. Last edit by Insurance Plus. Contributor trust: 272 [recommend contributor]. Question popularity: 14 [recommend question]
Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Mortgage Insurance > Paid past due mortgage for Aug. and full amount due for Sept. but they applied it to Oct and saying still late for Aug. Charing 150 late fee for Aug. and want to foreclose. Can they do this?
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Whos brithday is on aug 23? Mortgage late fee cause default? Mortgage due on oct 1st and paid on the 30th will this be reported late?
