Consumer Bankruptcy Journal Fall 2015 - Page 43

MORTGAGE SERVICING ABUSES any of the corporate advances. 48. Servicing a “scheduled payment” mortgage loan as if it was a “daily interest” mortgage loan. 49. The failure to timely credit payments received on a “daily interest” mortgage so as to intentionally inflate the amount of monthly interest that can be charged to the debtor. 50. The preparation and filing with the court of “sanitized” mortgage payments histories that do not include any of the corporate advances. The submission of false statements and affidavits to the courts which indicate that the “corporate advance” accounts are only used to “track” their expenses and are never used to actually charge or “tack” the fees to the debtors.