What’s With This Sudden Eruption Of Years Old Chargebacks?
Mortgage inspectors are saying no to paying Mortgage Order Mills (MOMs) on many years old chargebacks. The 3-year old “Leaking Roof” is the most common of the chargebacks. Some field service inspectors are emailing copies of the MOM demands to HUD, Fannie Mae and Freddie Mac.
Field service inspectors are pissed. They are calling it stealing and they are taking action. Some are just ignoring the demands for money … with some of the MOMs offering low monthly payments.