What A Surprise: Mortgage Companies Are Padding Fees On Struggling Homeowners

I note that this Times article about how mortgage companies are playing fast and loose by tacking on extra fees and pretending to lose (to the point of destroying more than a half million dollars in checks to pay mortgages) payments. Countrywide, my former lender, is noted here and indicates it makes about $300 million a year just in late fees.

Ah, if you haven't heard, people in other countries are rushing their dollars over here to buy up foreclosed properties (including many homes and defunct subdivisions-in-the-building) what with the American dollar taking a hit all over the place. Even Canada is here buying up things since, for the first time ever, the Canadian dollar is worth a good chunk more than its U.S. counterpart.